The Truth Was Almost Killed in Nicaragua
1 day ago
Alternative political/cultural commentary from an historical New Left working-class counter-cultural perspective.
“The Queen secretly owned a major shareholding in Courtaulds…Exactly how the Queen was able to obtain American properties through her major interest in Courtaulds, which also had immense holdings in South Africa…is unclear. The Crown Lands remained `Crown’ property…The Queen Mother [now deceased] was said to own a building on Broadway in New York City…;…also holdings on Eighth and Ninth avenues and the West Forties from Forty-first to Forty-eighth Streets. The firm of Baring Brothers and Rowe and Pitman handled the royal investments, which included heavyweight holdings in such firms as Rio Tinto-Zinc and General Electric. Her banker remained Coutts…The Queen did not touch her own investments to run her palaces and staff…She wanted to have her allowance doubled from the equivalent of $12 million to $24 million…”
“If the House of Windsor has aroused envy and rancour in the populace at large, one has to concede that it is partly because of their greed and their meanness…Every time the Queen or her husband travels abroad, a bill for traveling expenses is sent to the British Embassy of the country which she or he happens to be visiting…No ambassador ever questions the bills, which are often enormous. They are sent back to the Foreign Office in London, and paid by the taxpayer…
“…The Royal Family has not hesitated to flaunt its great personal wealth. The most glaring, and ugly, example of this is the ranch-style dwelling, built for a sum in excess of 5 million pounds ($7.5 million) on the edge of Windsor Great Park for Prince Andrew to live with his unfaithful wife…
“One could write a lengthy and tedious catalogue of the greed of the Windsors. The [now deceased] Queen Mother’s gambling addictions, and the high sums she has wasted on…wagers, would alone fill a book…”
“…The unemployment rate edged up to 9.0 percent…
“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed over the month, at 8.6 million. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job…
“In April, 2.5 million persons were marginally attached to the labor force…These individuals…wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey…
“Among the marginally attached, there were 989,000 discouraged workers in April…Discouraged workers are persons not currently looking for work because they believe no jobs are available for them…
“Employment in both state government and local government continued to trend down, with April losses concentrated in the non-educational components…
“Construction employment was about unchanged in April. This industry has shown little net movement since 2010, after having fallen sharply during the prior 3 years…”