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Everyone is mocking this unfortunate ad for ‘Young Banker of the Year’ (IMAGES)

Everyone is mocking this unfortunate ad for ‘Young Banker of the Year’ (IMAGES)

An unfortunately ill-considered advert for the City of London’s ‘Young Banker of the Year’ award has accidentally managed to sum up everything wrong with the heart of our financial services industry – and social media users are all over it.

The Chartered Banker advert has been plastered all over the London tube network, and features a giant banker sort of…squatting over the capital.

It didn’t take long for commuters to notice the underlying message in the advert, so they decided to gatecrash the #cbriseabovetherest hashtag (intended to praise and promote the event) and share their thoughts on the ad instead.

Let’s face it, the design team accidentally summed up the reality behind the myth of the trickle down effect. Something is trickling down alright, but it doesn’t smell like wealth.

Four decades of neoliberal economic policy removed the redistributive measures that spread the benefits of wealth, and the vast majority of income gains since have been confined to the already wealthy. In short, the rich are getting richer at an astonishing rate, and the poor are not.

Here’s what has happened in the United States since 1979:

incomegains
This graph by the US Congressional Budget Office sums up the findings of a June 2010 report. Between 1979 and 2007 the net income of the richest 1% of Americans rose by 281%, whilst that of the poorest fifth rose by 16%.

The same has happened here in Britain.

Danny Dorling, professor of human geography at Sheffield University, tracked the share of national income going to the richest 1% from the end of the first world war in 1918, to 2012. He made the unsurprising discovery that after falling for more than a century before the Thatcher government, their share then began rising – and has done so ever since. Things are now just as unequal as they were in 1918.

_57919089_share_income464x332

 

The evidence is plain for all to see. The current economic and political system is making our country, and our world, a more unequal place. It is making it harder, not easier, for people to make the very most of themselves. For several generations, parents were able to say to their children: ‘your lot have it so much better than we did.’ But that simply is not true today. Young adults completing their GCSEs today have got it harder than any generation in decades – and the spectre of a young banker taking a dump on their dreams could not sum it up better.

source: The Canary

 

 

 

 

 

 

 

 

21 Things That Prove Fucking Hipsters Have Taken Over Scotland

curated by Hilary Mitchell

The Bearded Ones have finally made it north of the border.

1. This “upcycled” cigarette machine aquarium in a Glasgow bar.

This "upcycled" cigarette machine aquarium in a Glasgow bar.

“Does it matter that we can’t really see the fish?” “No.”

2. An Aberdeen restaurant that serves food in a bin lid.

An Aberdeen restaurant that serves food in a bin lid.

Clatty bastards.

3. And a Glasgow pub that serves its chicken wings in a pissing treasure chest.

And a Glasgow pub that serves its chicken wings in a pissing treasure chest.

“Are we a pirate-themed bar?” “No.” “Then why do…” “You’re fired.”

4. Everything about this photo of a cocktail bar in Edinburgh, but particularly the hairdryer light.

5. This fucking wine glass filled with sausage and mash.

This fucking wine glass filled with sausage and mash.

6. And this “mugotto”.

“Our special today is risotto in a mug.” “Why is it special?” “It’s in a mug.” (Pic: @AFraserAllen)

— We Want Plates (@WeWantPlates)

7. This twee eatery in Dollar, which has forgotten how to table.

This twee eatery in Dollar, which has forgotten how to table.

“Does it matter that people can’t fit their legs underneath it?” “No.”

More proof at Buzzfeed

#4Demands: Masses take to London streets protesting Cameron & austerity (VIDEOS)

© Bristol People's Assembly

Amazing turnout for the #4Demands demo. Setting of at 2pm for rally at Trafalgar

A huge number of people from across the UK are marching in London, calling for an end to government austerity measures and the resignation of Prime Minister David Cameron.

Thousands of demonstrators from trade unions and a range of organizations campaigning on health, education, housing and jobs have joined the march

The anti-government rally kicked off at 2pm and has now reached Trafalgar Square, where anti-austerity councillors and event organizer the People’s Assembly Against Austerity are addressing the crowd.

Today’s rally follows last Saturday’s protest, which saw crowds gathered outside 10 Downing Street demanding Cameron’s resignation in the wake of the Panama Papers leak that exposed his late father’s offshore dealings.

READ MORE:Crowds march in London to demand Cameron resignation following Panama Papers leak (IMAGES) 

Today’s protest sees thousands of people, including children, calling for an end to public service cuts in a defiant but upbeat atmosphere.

“Tories out, refugees in”, “Down with dodgy Dave”, “Cut war not welfare” and some “Oink, oink” noises are just some of the rallying cries being used in addition to a huge variety of signs, songs and chants.

The hashtag #4Demands is the top trending topic in the UK today, with almost 30,000 tweets posted so far.

Many people have also taken to social media to point out the lack of coverage of the demonstration on mainstream media, in particular public service broadcaster, the BBC.

source RT one of the few that covered the protests properly in the glaring absence of the BBC

 

 

 

 

 

 

 

 

 

 

 

 

 

Twitter sued for helping ISIS

© © Kacper Pempel

A US widow has filed a lawsuit against Twitter accusing the social network of facilitating communication between terrorists and fueling the growth of Islamic State (IS, formerly ISIS/ISIL).

Twitter has knowingly permitted IS to spread propaganda and recruit members, she said.

The lawsuit was filed in the federal court in Oakland, California on Wednesday.

“Without Twitter, the explosive growth of ISIS over the last few years into the most-feared terrorist group in the world would not have been possible,” she said in a complaint.

Tamara Fields’ husband, Lloyd Fields, was killed in a shooting spree at a Jordanian police training center in November. IS later claimed responsibility for the attack.

“While we believe the lawsuit is without merit, we are deeply saddened to hear of this family’s terrible loss,” Twitter said in a statement.

read more RT

 

 

 

 

 

 

 

 

Turkey fines Twitter $51,000 for ‘terrorist propaganda’ – reports

© Murad Sezer

Twitter has been fined 150,000 Turkish lira (US$51,000) for not removing content allegedly containing “terrorist propaganda, encouraging public acts of violence and hatred,” sources in Turkey’s communication technology watchdog told media outlets.

The Turkish Information and Communications Technologies Authority (BTK) has forwarded its decision to the Twitter Company’s headquarters in San Francisco, California, as well as informed the office of the company’s lawyer in Turkey, according to information Anadolu News Agency received from the body.

The decision was based on a 2007 law on “fighting against crimes committed through internet broadcasting,” Anadolu reported.

A BTK official who spoke to Reuters confirmed the report on the fine, but revealed no details concerning the content except claiming that it includes terrorist propaganda and calls for acts of violence.

full story at RT

 

 

 

 

 

 

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