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The Sovereign Grant, which last year was worth 86.3 million pounds ($111 million), is typically based on 15% of Crown Estate profits but has been temporarily increased to 25% to pay for extensive refurbishment work at Buckingham Palace.
"The new Sovereign Grant rate reflects the unexpected significant increase in The Crown Estate’s net profits from offshore wind developments, while providing enough funding for official business as well as essential property maintenance, including completing the 10-year reservicing of Buckingham Palace," finance minister Jeremy Hunt said.
originally posted by: MetalThunder
British Royal Family's Public Cash Formula Changed Amid Surging Windfarm Profits
The Sovereign Grant, which last year was worth 86.3 million pounds ($111 million), is typically based on 15% of Crown Estate profits but has been temporarily increased to 25% to pay for extensive refurbishment work at Buckingham Palace.
"The new Sovereign Grant rate reflects the unexpected significant increase in The Crown Estate’s net profits from offshore wind developments, while providing enough funding for official business as well as essential property maintenance, including completing the 10-year reservicing of Buckingham Palace," finance minister Jeremy Hunt said.
originally posted by: Oldcarpy2
a reply to: shooterbrody
At least folk over here aren't comparing him to Moses?
originally posted by: surfer_soul
a reply to: AlienBorg
The aristocracy and the very wealthy keep most of that wealth hidden in offshore accounts so as to avoid paying their fare share of taxes, as was revealed in the Panama Papers.
The journalist who uncovered this was murdered by a car bomb in Malta.
What is Julian Assange still doing in prison? What crime has he done?
The criminals are running the show pal.
originally posted by: AlienBorg
originally posted by: Oldcarpy2
a reply to: LABTECH767
Not that I disagree with you but we elect a ruling party and that party elects it's leader if one goes. Who then gets to be PM.
We didn't vote for Brown. Or Truss, etc.
Is it reasonable to say most Brits still like the monarchy. Some of you don't and it's obvious from what you're saying.
originally posted by: LABTECH767
originally posted by: AlienBorg
originally posted by: Oldcarpy2
a reply to: LABTECH767
Not that I disagree with you but we elect a ruling party and that party elects it's leader if one goes. Who then gets to be PM.
We didn't vote for Brown. Or Truss, etc.
Is it reasonable to say most Brits still like the monarchy. Some of you don't and it's obvious from what you're saying.
Actually that may actually not be true and there are growing numbers especially among the younger generation that do not like the monarchy and see it as a waste of money and also do NOT like or agree with our armed forces oath which is to the Monarch rather than the nation.
A CNN poll showed over fifty five percent of younger brit's did not want the royal's though that poll is dated.
In defence of the royals during the late Elizabeth's reign they were not as irrelevant and actually served a purpose.
To my mind they are a useful institution to keep but they should have less public money and reduced power even if they do not by convention and tradition use there power.
I am a descendant of the Aristocracy myself but it is actually an antiquated and outmoded ideal in my humble opinion with even government institution's such as the house of lords which is known as our UPPER house in the house of common's having been tarnished by scandals such as the cash for honours scandal which involved bribery and political corruption of both of our main political party's over here.
What we genuinely actually need is a full reform, proportional representation rather than stupid boundary changes and to scale back the royal institution and kick the old boy network with it's corruption and cronyism out of our ruling institution's.
That said however it is not so easy for the following reason's.
All political systems become or are inherently corrupt and ours is no exception in that.
The alternative to a royal head of state is to down the republic route which we have once in our nations history already had but that failed that time though that was hundreds of years ago, most republic's DO have a head of state however above there actually leader and that such as in France often take the form of a president of the republic and in fact they are often in all such examples (France not being a prime one but it has it's problems obviously) corruption in the highest office also exists.
No rather the problem for we British is that our governments elite seem to have fallen victim to the old Brain Drain in that they seem to be a bunch of incompetent and corrupt self serving malfeasant scoundrels who operate not in the interests of our nation but only in there own interests.
This shows that our nation has lost the plot, in fact the very concept of enlightened self interest (understanding that looking after everyone else is also good for themselves) seems to have already OR to be becoming an alien ideology for them.
The Royal family under old Elizabeth had my tacit support in that she was a vital head of the commonwealth and that was useful to our nation, over all during that period the Royal family despite being funded by the taxpayer actually was arguably a very lucrative institution for our nation due to it's vital importance in maintaining and leading the commonwealth as well.
But I just don't and can not warm to a man whom treated his lovely wife like, he really should have married his first love long ago but I do not warm to her either as she was complicity in there humiliation and mistreatment of Diana.
I believe in fact that the throne really should have jumped a generation however I can certainly understand William not really being keen on losing the small amount of freedom he still has as the current prince of Wales.
SO while I do not like Charles and his current role as head of state (He had the best bodyguards in the world and an intelligence network around him whom definitely knew what kind of creature old Jimmy Saville was BUT it is just conceivable they never told Charles though they would definitely have told his handlers???) I do not currently see a viable alternative to our royal family since all other systems are either just as corrupt or even more so around the world.
Here is some information on Jimmy Saville.
www.theguardian.com...
www.theguardian.com...
And if those links are too long here are some youtube videos.
originally posted by: Oldcarpy2
a reply to: LABTECH767
I agree with all that.