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December 14 2018 7.05pm

Fishing Industry

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View Hrolf The Ganger's Profile Hrolf The Ganger Flag 16 Nov 18 5.17pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Originally posted by Mapletree

I think you confuse defending religious dogma with defending people from accusations their religion makes them bad people.

In any case, was it not closely related to religion that the industrial revolution occurred? The Scottish Enlightenment, unlike the anti-religious enlightenments in other European countries, was closely linked to Presbyterianism.

I don't think that was ever in question. In large part, the devout are victims of religion. Unfortunately, it is also the ambition of religion to convert or undermine other belief systems. It causes people to do bad things by the standards of more enlightened thinking. Defending the right to believe is not the same as justifying the results.

The Reformation was not anti-religious and in general, the level of religious pervasion into people's lives was more the issue for the common man during the period where we became more secular. Catholicism was too restrictive and dominating. The Church of England evolved to enable a looser association.

 

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View jeeagles's Profile jeeagles Flag 16 Nov 18 7.42pm Send a Private Message to jeeagles Add jeeagles as a friend

I wouldn't like to pick a fight on a fisherman.

I'd love to punch a banker in the face.

 

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View Mapletree's Profile Mapletree Flag Croydon 16 Nov 18 11.24pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by chris123

Sox compliance is for US listed cos - not cos that trade

Right. So all the SOX work I did for British companies with some US activity was pointless then.

 

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View chris123's Profile chris123 Online Flag caterham 17 Nov 18 12.40am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by Mapletree

Right. So all the SOX work I did for British companies with some US activity was pointless then.

What were they doing reporting to the SEC if not listed in the US?

 

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View Stirlingsays's Profile Stirlingsays Online Flag Wisbech, England 17 Nov 18 6.55am Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by jeeagles

I wouldn't like to pick a fight on a fisherman.

I'd love to punch a banker in the face.


We have other people on the forum with more knowledge of the financial services than I do but still I'd like to offer up these words.

I have some sympathy with you.....metaphorically of course....I don't think we should actually be hitting them!

I don't think perhaps you are referring to all bankers but instead to that small elite of bosses at the top.

We know from statistics that the wages of these guys from the seventies and earlier has rocketed.....it was always...as it should be for such a highly important job very well paid....but it became obscene a long time ago......This in my view hasn't been a good example of the meritocratic system because it hasn't always followed the same scale of success......It has the same issues that the wages of the top footballers have....there's an inbalance between how good someone is to what they are paid.

However, at the moment we have a financial sector which contributes....what is it...something like 25 percent of our tax.....We need to invest in other sectors rather than damage a productive one.

But the anger is justified all the same.....these people get to vote on each other's wages....it's like giving unions the right to set the wages of other union worker's wages...and most shareholders just don't care about ethics just as long as the bucks are flowing....complicity is obviously rife.

Edited by Stirlingsays (17 Nov 2018 9.43am)

 

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View pefwin's Profile pefwin Flag Fighting the politics of envy 17 Nov 18 9.37am Send a Private Message to pefwin Add pefwin as a friend

Originally posted by chris123

What were they doing reporting to the SEC if not listed in the US?

you need to comply with SOX and other US legislation for example the US terrorist list to trade over there (not listed).

It isn't reprical, for example, the issues with US' "safe harbour" legislation.

 


"Everything is air-droppable at least once."

"When the going gets tough, the tough call for close air support."

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View chris123's Profile chris123 Online Flag caterham 17 Nov 18 10.38am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by pefwin

you need to comply with SOX and other US legislation for example the US terrorist list to trade over there (not listed).

It isn't reprical, for example, the issues with US' "safe harbour" legislation.

Sanctions is different - sections 302 and 404 are for US listed companies - plenty of cos are listed in London and NY though. My point was you don't need to be sox compliant to trade.

 

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View jeeagles's Profile jeeagles Flag 17 Nov 18 1.58pm Send a Private Message to jeeagles Add jeeagles as a friend

Originally posted by Stirlingsays


We have other people on the forum with more knowledge of the financial services than I do but still I'd like to offer up these words.

I have some sympathy with you.....metaphorically of course....I don't think we should actually be hitting them!

I don't think perhaps you are referring to all bankers but instead to that small elite of bosses at the top.

We know from statistics that the wages of these guys from the seventies and earlier has rocketed.....it was always...as it should be for such a highly important job very well paid....but it became obscene a long time ago......This in my view hasn't been a good example of the meritocratic system because it hasn't always followed the same scale of success......It has the same issues that the wages of the top footballers have....there's an inbalance between how good someone is to what they are paid.

However, at the moment we have a financial sector which contributes....what is it...something like 25 percent of our tax.....We need to invest in other sectors rather than damage a productive one.

But the anger is justified all the same.....these people get to vote on each other's wages....it's like giving unions the right to set the wages of other union worker's wages...and most shareholders just don't care about ethics just as long as the bucks are flowing....complicity is obviously rife.

Edited by Stirlingsays (17 Nov 2018 9.43am)

I was thinking of specific individuals. I used to spend a lot of time around both finance workers and fishermen.

Finance seems like good work if you can get it, but so mundain. It also appears to be full of people with massive egos.

Fishermen on the other hand are just bonkers.

 

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View Henry of Peckham's Profile Henry of Peckham Flag Eton Mess 17 Nov 18 2.35pm Send a Private Message to Henry of Peckham Add Henry of Peckham as a friend

Originally posted by Mapletree

Worth £936m

Yet it seems a huge influence on leaving the EU

Financial services £119 bn

Professional services another £60 bn

So how do the fisherman exercise so much influence to the detriment of the others?

I have some doubts about those numbers ...

I sincerely hope the tax payer didn't cough up nearly £100 bn to save an industry worth £119 bn and simultaneously plunge the country into decades of austerity and wage constraints?


 


Denial is not just a river in Egypt

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View Cucking Funt's Profile Cucking Funt Flag Back in the jug agane 17 Nov 18 4.12pm Send a Private Message to Cucking Funt Add Cucking Funt as a friend

Originally posted by jeeagles

I was thinking of specific individuals. I used to spend a lot of time around both finance workers and fishermen.

Finance seems like good work if you can get it, but so mundain. It also appears to be full of people with massive egos.

Fishermen on the other hand are just bonkers.

There’s a sitcom in there somewhere. Or a court case.

 

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View Mapletree's Profile Mapletree Flag Croydon 17 Nov 18 5.44pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Henry of Peckham

I have some doubts about those numbers ...

I sincerely hope the tax payer didn't cough up nearly £100 bn to save an industry worth £119 bn and simultaneously plunge the country into decades of austerity and wage constraints?


Annual income versus market cap methinks

But I stand to be corrected on the figures

 

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View orpingtoneagle's Profile orpingtoneagle Flag Orpington 17 Nov 18 8.35pm Send a Private Message to orpingtoneagle Add orpingtoneagle as a friend

A fine and lovely abstract debate by a load of folks who clearly have little to do with the industry itself.

The fishing industry bears little or no relationship to say the coal industry. No one disputes there is high quality coal under the ground but it costs more to get it out than it is worth.

The UK fishing industry is nowhere near as big as it used to be but it is viable but has become wrapped up in rules and quotas and our sustainable fishing policies being subject to European rules.

It is a political issue as due to its concentration in certain areas those areas are constituencies themselves and will return am MP who supports the men on the boats. They are also pretty much all Brexit supporting areas.

Ironically a lot of what we catch is exported. For example we have a wealth of langostine caught off the coast, most of which goes to Spain.

The industry has political clout and always has done. Whole communities rely on it.

 

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