It's ok to be angry about capitalism

Chimpzy

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"We need to see unemployment rise," Gurner said. "Unemployment needs to jump 40-50 percent in my view. We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around. There's been a systematic change where employees feel the employer is extremely lucky to have them, as opposed to the other way around." He then says that "hurting the economy" is what the whole world is trying to do.
Rich property developer and landlord douche who got his start with a huge loan from grandpappy wants to be able to exploit people. That this Barney Stinson reject and others like it can go in public without fear is one of society's greatest failings.
 

Baffle

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Rich property developer and landlord douche who got his start with a huge loan from grandpappy wants to be able to exploit people. That this Barney Stinson reject and others like it can go in public without fear is one of society's greatest failings.
I hope he brought enough forehead for the rest of the class.

(Shut up, I'm bald.)
 

The Rogue Wolf

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Rich property developer and landlord douche who got his start with a huge loan from grandpappy wants to be able to exploit people. That this Barney Stinson reject and others like it can go in public without fear is one of society's greatest failings.
Poor baby. Missed out on the Gilded Age and wants another one.
 

Gordon_4

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As a gta player this confused me a bit.
In case you’re still not sure, the reference is for a famous case where McDonalds were sued for injuries due to coffee spillage by a customer. For decades it had a reputation as the epitome of a frivolous lawsuit; in reality McDonalds fucked up massively and ran a functional smear campaign - that largely worked - against the plaintiff to shift the blame.

Seriously though, the injuries the woman suffered from that coffee incident were fucking horrendous.
 
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XsjadoBlaydette

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What would environmental, working class and vulnerable demographic harms be today without the Kock Bros fucking us all behind the scenes? Put your hands together for the scaly sibs of the upper crust most influential for our current state of hellhole world!


Put those hand together, one on the grip, the other over the trigger, aim, really carefully, breathe out slowly, then [REDACTED] with [REDACTED] until [REDACTED] is well and truly [REDACTED]. Great work, [REDACTED]!

On Jan. 25, 2018, dozens of private jets descended on Palm Springs International Airport. Some of the richest people in the country were arriving for the annual winter donor summit of the Koch network, the political organization founded by libertarian billionaires Charles and David Koch. A long weekend of strategizing, relaxation in the California sun and high-dollar fundraising lay ahead.

Just after 6 p.m., a Gulfstream G200 jet touched down on the tarmac. One of the Koch network’s most powerful allies was on board: Supreme Court Justice Clarence Thomas.


During the summit, the justice went to a private dinner for the network’s donors. Thomas has attended Koch donor events at least twice over the years, according to interviews with three former network employees and one major donor. The justice was brought in to speak, staffers said, in the hopes that such access would encourage donors to continue giving.

That puts Thomas in the extraordinary position of having served as a fundraising draw for a network that has brought cases before the Supreme Court, including one of the most closely watched of the upcoming term.

Thomas never reported the 2018 flight to Palm Springs on his annual financial disclosure form, an apparent violation of federal law requiring justices to report most gifts. A Koch network spokesperson said the network did not pay for the private jet. Since Thomas didn’t disclose it, it’s not clear who did pay.


Thomas’ involvement in the events is part of a yearslong, personal relationship with the Koch brothers that has remained almost entirely out of public view. It developed over years of trips to the Bohemian Grove, a secretive all-men’s retreat in Northern California. Thomas has been a regular at the Grove for two decades, where he stayed in a small camp with real estate billionaire Harlan Crow and the Kochs, according to records and people who’ve spent time with him there.

A spokesperson for the Koch network, formally known as Stand Together, did not answer detailed questions about his role at the Palm Springs events but said, “Thomas wasn’t present for fundraising conversations.”


“The idea that attending a couple events to promote a book or give dinner remarks, as all the justices do, could somehow be undue influence just doesn’t hold water,” the spokesperson said in a statement.

“All of the sitting Justices and many who came before them have contributed to the national dialogue in speeches, book tours, and social gatherings,” the statement added. “Our events are no different. To claim otherwise is false.”

In a series of stories this year, ProPublica reported that Thomas has accepted undisclosed luxury travel from Crow and a coterie of other ultrawealthy men. Crow also purchased Thomas’ mother’s home and paid private school tuition for the child Thomas was raising as his son. Thomas has said little in response. In a statement earlier this year, he said that Crow is a close friend whom he has joined on “family trips.” He has also argued that he was not required to disclose the free vacations. Thomas did not respond to questions for this story.

The code of conduct for the federal judiciary lays out rules designed to preserve judges’ impartiality and independence, which it calls “indispensable to justice in our society.” The code specifically prohibits both political activity and participation in fundraising. Judges are advised, for instance, not to “associate themselves” with any group “publicly identified with controversial legal, social, or political positions.”


But the code of conduct only applies to the lower courts. At the Supreme Court, justices decide what’s appropriate for themselves.

“I can’t imagine — it takes my breath away, frankly — that he would go to a Koch network event for donors,” said John E. Jones III, a retired federal judge appointed by President George W. Bush. Jones said that if he had gone to a Koch summit as a district court judge, “I’d have gotten a letter that would’ve commenced a disciplinary proceeding.”

“What you’re seeing is a slow creep toward unethical behavior. Do it if you can get away with it,” Jones said.

The Koch network is among the largest and most influential political organizations of the last half century, and it’s underwritten a far-reaching campaign to influence the course of American law. In a case the Supreme Court will hear this coming term, the justices could give the network a historic victory: limiting federal agencies’ power to issue regulations in areas ranging from the environment to labor rights to consumer protection. After shepherding the case to the court, Koch network staff attorneys are now asking the justices to overturn a decades-old precedent. (Thomas used to support the precedent but flipped his position in recent years.)


Charles and David Koch Credit: David Zalubowski/AP Image and Dia Dipasupil/Getty Images

Two years ago, one of the network’s groups was the plaintiff in another Supreme Court case, which was about nonprofits’ ability to keep their donors secret. In that case, Thomas sided with the 6-3 conservative majority in the Koch group’s favor.

Charles Koch did not respond to detailed questions for this story. David Koch died in 2019.

The Koch network is an overlapping set of nonprofits perhaps best known for its work helping cultivate the Tea Party movement in the Obama years. Recently rebranded as Stand Together, the network includes the powerful Americans for Prosperity Action, which spent over $65 million supporting Republican candidates in the last election cycle.

Though Charles Koch is one of the 25 richest people in the world, worth an estimated $64 billion, he raises money from other wealthy people to amplify the network’s reach. The network brought in at least $700 million in 2021, the most recent year for which data is available. It has more than 1,000 employees who, on paper, work for different groups.

But for all its complexity, the network is a centralized operation, staffers said. Many of the groups occupy the same buildings in Arlington, Virginia, and share leadership and often staff. Many of the donations go into a central pot, from which hundreds of millions of dollars are disbursed to the smaller groups focused on various political and social concerns, according to tax filings and former employees.

For decades, the Kochs have held deep antipathy to government regulation. When Charles Koch’s brother David ran for vice president on the Libertarian Party ticket in 1980, the party platform called for abolishing the Environmental Protection Agency, the Department of Energy and the Food and Drug Administration.

Every winter, the network holds its marquee fundraising event in the Coachella Valley in Southern California. Hundreds of donors fly in to learn how their money is being spent and plan for the coming year. Former staffers describe an emphasis on preventing leaks that bordered on obsession. The network often rents out an entire hotel for the event, keeping out eavesdroppers. Documents left behind are methodically shredded. One recent attendee recalled Koch security staff in a golf cart escorting their Uber driver out of the hotel to make sure he left. The former staffers spoke on the condition of anonymity because they feared retaliation.

To score an invite to the summit, donors typically have to give at least $100,000 a year. Those who give in the millions receive special treatment, including dinners with Charles Koch and high-profile guests. Doling out access to powerful public officials was seen as a potent fundraising strategy, former staffers said. The dinners’ purpose was “giving donors access and giving them a reason to come or to continue to come in the future,” a former Koch network executive told ProPublica.


At the 2018 Koch donor summit in Palm Springs, California, a speaker touted the network’s accomplishments defeating taxes and government regulations. Credit: via Facebook

Thomas has attended at least one of the dinners for top-tier donors, according to a donor who attended and a former high-level network staffer.


“These donors found it fascinating,” said another former senior employee, recounting a Thomas appearance at one summit where the justice discussed his judicial philosophy. “Donors want to feel special. They want to feel on the inside.”

A former fundraising staffer for the Koch network said the organization’s relationship with Thomas was considered a valuable asset: “Offering a high-level donor the experience of meeting with someone like that — that’s huge.”

Many details about Thomas’ role at the summits, including the specifics of his remarks, remain unclear. The network spokesperson declined to answer if Thomas’ appearances were ever tied to a specific initiative or program.

Thomas’ appearances were arranged with the help of Leonard Leo, the Federalist Society leader, according to the former senior network employee. “Leonard was the conduit who would get him,” the former employee said. During one summit, Thomas gave a talk with Leo in an interview format, the donor recalled.

“Justice Thomas attends events all over the country, as do all the Justices, and I was privileged to join him,” Leo said in a statement in response to questions about the Koch donor events. “All the necessary due diligence was performed to ensure the Justice’s attendance at the events was compliant with all ethics requirements.”

While attending the donor events would likely violate the lower courts’ prohibition on fundraising, experts said, the Supreme Court has a narrow internal definition of a fundraiser: an event that raises more money than it costs or where attendees are explicitly asked for money while the event’s happening.

On the Thursday before the January 2018 summit in Palm Springs, Thomas flew there on a chartered private jet, according to records reviewed by ProPublica. Four days later, the plane flew to an airport outside Denver, where Thomas appeared at a ceremony honoring his former clerk, federal Judge Allison Eid. The next day, it flew back to northern Virginia where Thomas lives.

Thomas’ financial disclosure for that year contains two speaking engagements: one in New York City and another at a Federalist Society conference in Texas. His trip to the Koch event in California is not on the form.

Thomas’ 2018 disclosure form did not include his trip to the Koch donor summit in Palm Springs. Credit: via the Free Law Project

For the event that year, the Koch network rented out the Renaissance Esmeralda Resort and Spa. On the main stage, donors heard from Hall of Fame NFL cornerback Deion Sanders, who was working with the Kochs on anti-poverty programs in Dallas. Another speaker delivered a report card on the group’s political wins large and small: “repealed voter-approved donor disclosure initiative”; “retraction of mining & environmental overreach”; “stopped Albuquerque paid sick leave mandate.”

During the event, the group announced a new initiative focused on getting conservatives on the Supreme Court and the federal bench. The network, which had already given millions of dollars to Leo’s Federalist Society, planned to mobilize its activists and buy advertisements to push senators to vote for President Donald Trump’s judicial nominees. They appointed a former employee of Ginni Thomas, the justice’s wife, to lead the effort.

The first glimpse of Thomas’ connection to the network came more than a decade ago. In 2010, reporters obtained an invitation sent to potential Koch donors that mentioned Thomas had been “featured” at one of the network’s previous summits.


After critics called for more information about Thomas’ attendance, the Supreme Court press office downplayed the episode. A court spokesperson acknowledged Thomas had been in the Palm Springs area during the Kochs’ January 2008 summit. However, she said he was there to talk about his memoir at a Federalist Society dinner that was separate from the donor summit but was also sponsored by Charles Koch. She added that Thomas made a “brief drop-by” at the network summit that year but said he “was not a participant.” (Thomas disclosed the 2008 Palm Springs trip as a Federalist Society speech.)

In the 15 years since, the Koch network has left a deep imprint on American society. Its advocacy is credited with helping stamp out Republican Party support for combating climate change, once an issue that drew bipartisan concern. The “full weight of the network” was thrown behind passing the 2017 Trump tax cut, securing a windfall for the Kochs and their donors. And the upcoming Supreme Court term could bring the network a victory it has pursued for years: overturning a major legal precedent known as Chevron.

While most Americans aren’t familiar with the 1984 case Chevron v. NRDC, it’s one of the Supreme Court’s most-cited decisions. Legal scholars sometimes mention it in the same breath as Brown v. Board of Education and Roe v. Wade. In essence, Chevron is about government agencies’ ability to issue regulations. After a law is enacted, it’s generally up to agencies across the government to make detailed rules putting it into effect. The Chevron decision said courts should be hesitant to second-guess the agencies’ determinations. In the years that followed, judges cited Chevron in upholding rules that protect endangered species, speed up the approval process for new cellphone towers and grant benefits to coal miners suffering from black lung.

The Koch network has challenged Chevron in the courts and its lobbyists have pushed Congress to pass a law nullifying the decision. It has also provided millions of dollars in grants to law professors making the case to overturn it.

The network’s position has become increasingly popular in recent years. Once broadly supported by academics and judges on the right, Chevron is now anathema to many in the conservative legal movement. And there’s no more prominent convert than Thomas.

In 2005, Thomas wrote the majority opinion in a case that expanded Chevron’s protections for government agencies. Ten years later, he was openly questioning the doctrine. Then in 2020, Thomas renounced his own earlier decision, writing that he’d determined the doctrine is unconstitutional after all — a rare reversal for a justice with a reputation for being unmovable in his views.

By last year, Koch network strategists sensed that victory could be at hand. During an internal briefing for network staff, Jorge Lima, a senior vice president at Americans for Prosperity, said the Supreme Court seemed primed to radically change its approach to the issue. The network was trying to find cases that could bring about major changes in the law, according to a video of the meeting obtained by the watchdog group Documented. “We’re doubling down on this strategy,” Lima told the crowd.

Several months later, the Supreme Court announced it would take up a case, Loper Bright Enterprises v. Raimondo, in which Koch network staff attorneys represent the plaintiffs. If Thomas and his colleagues side with them this coming term, Chevron will be overturned once and for all.

Without Chevron, “any place you would need regulation to address a pressing social problem, it’s going to be more costly to get it, harder to implement it and it’s not going to go as far,” said Noah Rosenblum, a professor at New York University School of Law.

“Loper Bright is a case seeking to restore one of the core tenets of our democracy: that Congress, not the administrative agency, makes the laws,” the Koch network spokesperson said.

Ethics experts said Thomas’ undisclosed ties to the Koch network could call his impartiality in the case into doubt. This sort of potential conflict is why the judiciary has rules against both political activity and fundraising, they said. “Parties litigating in the court before Justice Thomas don’t know the extent of Thomas’ relationship with the parties on the other side,” said James Sample, a Hofstra University law professor who studies judicial ethics. “You have to be pretty cynical to not think that’s a problem.”


The Supreme Court itself said in a recent statement to The Associated Press that “justices exercise caution in attending events that might be described as political in nature.” But unlike with lower court judges, there is no formal oversight of the justices.

Two decades ago, Justice Ruth Bader Ginsburg delivered the opening remarks at a lecture cosponsored by the NOW Legal Defense and Education Fund, a women’s rights group that filed friend-of-the-court briefs at the Supreme Court. It was a public event co-sponsored by the New York City Bar Association. But some judicial ethics experts criticized the justice for affiliating herself with an advocacy group.

Thirteen Republican lawmakers, including Mike Pence and Marsha Blackburn, who now sits on the Senate Judiciary Committee, went further, calling on Ginsburg to recuse herself from any future cases related to abortion. The justice brushed off the criticism: “I think and thought and still think it’s a lovely thing,” she said of the lecture series. (Ginsburg died in 2020.)

Charles and David Koch’s access to Thomas has gone well beyond his participation in their donor events. For years, the brothers had opportunities to meet privately with Thomas thanks to the justice’s regular trips to the Bohemian Grove, an all-male retreat that attracts some of the nation’s most influential corporate and political figures. Thomas has been a regular at the Grove for 25 years as Harlan Crow’s guest, according to internal documents and interviews with dozens of members, other guests and workers at the retreat.


Charles Koch at the Grove. His hat features the club’s owl insignia. Credit: Obtained by ProPublica

“What we’re seeing emerge is someone who is living his professional life in a way that’s seeing these extrajudicial opportunities as a perk of the office,” said Charles Geyh, a judicial ethics expert at Indiana University law school. Judges can have social lives, he said, and there are no clear lines for when a social gathering could pose a problem. But the confluence of powerful political actors and undisclosed gifts puts Thomas’ trips far outside the norm for judges’ conduct, Geyh said: “There’s a culture of impartiality that’s really at risk here.”

The Grove is an exclusive, two-week party held in the Sonoma County redwoods every July. A member or his guest can wander from the Grove’s shooting range to a lecture by Blackwater founder Erik Prince, or from a mint julep party to a performance by the Grove’s symphony orchestra. Wine, sometimes at $500 a bottle, flows freely, and late at night, members consume clam chowder and chili by the gallon. More than one attendee recalled walking outside in the morning to find a former cabinet secretary who fell asleep drunk in the grass.

There’s a saying among the Bohemians, as the club’s members call themselves: The only place you should be publicly associated with the Grove is in your obituary. That privacy is paramount, members said, in part to allow the powerful to speak freely — and party — without worrying about showing up in the press. Only designated photographers are allowed to take pictures. Cellphones are strictly forbidden.


An entrance to the Grove Credit: Preston Gannaway, special to ProPublica

Members typically must pay thousands of dollars to bring a guest. Several people ProPublica spoke to said that before the pandemic, they saw Thomas there just about every year. ProPublica was able to confirm six trips Thomas took to the retreat that he didn’t disclose. Flight records suggest Crow has repeatedly dispatched his private jet to Virginia to pick up Thomas and ferry him to the Sonoma County airport and back, usually for a long weekend in the middle of the Grove festival.


“I was taken with how comfortable he was in that environment and how popular,” a person who stayed in the same lodge as Thomas one year said. “He holds court there.”

In response to questions about his travel to the Grove with Thomas, Crow said Thomas is “a man of incredible integrity” and that he’s never heard the justice “discuss pending legal matters with anyone.” Neither Crow nor Thomas responded to questions about whether the justice reimbursed him for the trips.

(Other justices have Grove connections too. The mid-20th-century Chief Justice Earl Warren was a member. Among modern justices, Thomas appears to have been the most frequent guest. Justice Antonin Scalia, who died in 2016, attended many years ago. Justice Stephen Breyer went in 2006; he told ProPublica he was the guest of his brother and that to the best of his memory, he paid his own way. Justice Anthony Kennedy went at least twice before he retired. Kennedy, who did not respond to a request for comment, did not disclose the trips. It’s unclear if he needed to because his son is a member and gifts from family don’t need to be reported.)


The annual Grove festival kicks off with a highly produced ceremony in which an effigy representing worldly cares and concerns is burned. Credit: Obtained by ProPublica

The Grove is broken up into more than 100 “camps,” essentially adult fraternity houses where the same group of men stay together year after year. Hill Billies was George H. W. Bush’s camp. Nancy Pelosi’s husband has been a longtime member of Stowaway. Thomas stays with Crow at a camp called Midway.


One of the ritzier camps, Midway employs a staff of cooks and personal valets and boasts an extensive wine cellar. The men sleep in private cabins that zigzag up a hillside. Known for its Republican leanings, Midway has a string of superrich political donors as members, including an heir to the Coors beer empire and the owner of the New York Jets. Charles Koch is an active member, as was his brother David. It’s not clear if Thomas has ever been the guest of a member other than Crow.


Bohemians, as the club’s members call themselves, mingle on the deck of Midway camp. Credit: Obtained by ProPublica

During the annual retreats, the Kochs often discussed political strategy with fellow guests, according to multiple people who’ve spent time with them at Midway. A few years ago, Brian Hooks, one of the leaders of their political network, was a guest at the camp the same weekend Thomas was there. A former Midway employee recalled the brothers discussing super PAC spending during the Obama years and complaining about government regulation.

“Chevron was one of the big things the Koch brothers were interested in,” the former employee said. He did not remember if Thomas was present for any of the discussions of the doctrine.



But Thomas and the Kochs developed a bond over their years at the retreat, according to five people who spent time with them there. They discussed politics, business and their families. They often sat together at meals and sat up talking at night at the lodge. A photo obtained by ProPublica captures Thomas and David Koch smiling on Midway’s deck. David’s windbreaker features an owl insignia, the symbol of the club.

One tradition at Midway is a lecture series, often held beneath the redwoods on the camp’s deck. The weekend Thomas was there in July 2016, the Midway schedule featured a talk from Henry Kissinger and another by Michael Bloomberg and Arthur Brooks, then president of the conservative think tank the American Enterprise Institute. Over breakfast Friday morning, the author Bjorn Lomborg delivered a lecture on climate change. Lomborg has for years argued the threat of global warming is overstated, saying that rising temperatures will actually save lives.


A Midway schedule featured a talk by Thomas and other events. Credit: Highlighting by ProPublica. Obtained by ProPublica.

Thomas spoke that year as well. He talked about his friend Justice Scalia, who had recently died, according to a person who attended. Scalia, a conservative luminary, had been a prominent advocate for the Chevron doctrine, but Thomas said he believed his colleague was coming around to Thomas’ revised view on it before his death.

Thomas didn’t explain what he meant by that. “It was an aside,” the person said, “like he assumed most of the people in the room knew his position.”


Oki, knowing no-one is gonna bother reading my insufferable dreary posts, a short paragraph of concerns may be a preferred dosage instead;

The Koch network is among the largest and most influential political organizations of the last half century, and it’s underwritten a far-reaching campaign to influence the course of American law. In a case the Supreme Court will hear this coming term, the justices could give the network a historic victory: limiting federal agencies’ power to issue regulations in areas ranging from the environment to labor rights to consumer protection. After shepherding the case to the court, Koch network staff attorneys are now asking the justices to overturn a decades-old precedent. (Thomas used to support the precedent but flipped his position in recent years.)
 
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Kinda old but still ongoing -



@guidoylosfreaks
3 years ago
My parents told me if I studied hard I'd live better than them. At my age my parents had a house and a car and two children with only High School diplomas.


But also -
@williama.ortiz-floresgil168
1 year ago
When told by my parents that if obtain a degree my life would be perfect & everything would fall in place, money, house, material possessions etc... realized early on after college that this wasn't the right move. Became a union trucker that goes home every night, have a pension and make well over 6 figures. I decided that switching from white collar to blue collar was the move and now my parents realized that maybe college ain't a smart decision when you can do a labor job that pays extremely well.


The focus on college education vs trade skills has led to an extreme shortage in trade skill labor fulfillment, and has led to a premium for those services which doesn’t help since we’ve also largely become reliant on service people.
 
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thebobmaster

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In case you’re still not sure, the reference is for a famous case where McDonalds were sued for injuries due to coffee spillage by a customer. For decades it had a reputation as the epitome of a frivolous lawsuit; in reality McDonalds fucked up massively and ran a functional smear campaign - that largely worked - against the plaintiff to shift the blame.

Seriously though, the injuries the woman suffered from that coffee incident were fucking horrendous.
Just to piggyback on what you were saying, and give some idea of the injuries we are talking about, I'll give one detail. I have it spoilered for a reason, though, because even in just saying it, it is quite graphic, and will make pretty much anyone at least clutch themselves. The coffee left her with third degree burns over six percent of her body, and lesser burns over 16% of her body, after she spilled it in her lap. This included the skin on her thighs essentially MELTING AND FUSING TOGETHER, requiring several skin grafts.

She also initially only sued for medical expenses, but McDonald's refused to settle, and that's when they got hit with a massive punitive damages fine as well. Which was reduced on appeal, as is normal, and was also initially reduced by 20% as the plaintiff was found slightly at fault based on the facts of the case.

If you are wondering, here's how it went down. She was a passenger (not the driver, as a lot of claims after the fact would say) in a car, and ordered McDonald's coffee from a drive-thru. While parked (a lot of claims after would say the car was in motion), she opened the lid to add creamer while holding the cup between her thighs. The coffee spilled out, soaking into her nylon pants and holding the scalding coffee against her skin, resulting in the burns (made worse by the coffee melting the pants material). She ended up, as I said in the spoiler, needing several skin grafts, and was partially disabled for two years, in addition to spending 3 weeks in the hospital.

It was proven in court that McDonald's, rather than serving their coffee at 160 degrees (which is about what you get your coffee at home at), they had been serving it at 180-190 degrees, and had ignored several complaints about burns from the coffee, claiming that they had to serve the coffee that hot to prevent it from being cold by the time people got back to their offices.
 
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XsjadoBlaydette

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Guy did biggest benefit fraud on council, shredding public services and hiking local taxes for years to come. (wait, the article says decades, not years, i misemembered a less shit world for once, sorry)

Oh and he now moved to live in Dubai, with minimal chance of ever having to face any legal consequences.


There's interactive graphs and timelines in the page I can't shamelessly copy/paste here, so gonna have to go clickies if those sound preferable to this wall of depressing text.

A rogue businessman appears to have cheated a council in Essex out of as much as £130m and spent the money on a life of luxury in potentially the largest fraud ever committed against a UK local authority.

Liam Kavanagh and his companies convinced Thurrock council to hand over the equivalent of almost its entire annual budget while inflating the value of a group of solar farms it had invested in, The Bureau of Investigative Journalism has found.

Never-before-seen financial records show the money was then spent on a country estate, private jet, luxury yacht and many other multimillion-pound purchases for Kavanagh, 46. He decked out one of his properties in gaudy crystals, drove a £2.3m Bugatti supercar and bought a million-dollar diamond-encrusted Hublot watch. The watch alone cost twice as much as the average house in Grays, the Essex town where Thurrock council is based.

In the middle of his spending spree Kavanagh ordered one of his directors to provide Thurrock with further exaggerated information to get his hands on £40m. Kavanagh told him it “won’t be a problem” if the council lost money.

Sean Clark, Thurrock’s chief financial officer, who arranged the payments in secret, ignored legal concerns with the proposed investment and transferred the £40m. That sum, along with the rest of the £130m, will almost certainly never be repaid.

Now the people of Thurrock, who unknowingly funded Kavanagh’s lifestyle, have been told their bankrupt council will have to hike taxes and cut services to the bone for years to come.

---

These findings, the culmination of a four-year investigation by TBIJ and broadcast with Panorama, have been described as “utterly damning” and there are calls for a police investigation. Andrew Jefferies, leader of Thurrock council, said he was “deeply sorry for the shocking and unacceptable failings of the past”.

Kavanagh denies ever misleading the council and strongly denied the allegation of fraud. He said his businesses were not responsible for the council’s investment decisions and that valuations go up and down. He asserted that the terms of the deals with the council meant his businesses were free to spend the money invested as they pleased.

‘Back of a fag packet’ valuation

On 21 November 2018 the council transferred £40m to Kavanagh’s company Rockfire Investment Finance.

When contacted as part of this investigation, APSE said Rockfire had provided data about the solar farms which was then inputted into the model used to value the sites. APSE said there had been no mistake with its own calculations. There is no evidence to suggest that APSE was aware that Rockfire had provided them with an unrepresentative pricing figure that would inflate the valuation. Kavanagh said his company had given accurate information to APSE.

Financial records seen by TBIJ show almost all of those funds immediately disappeared from the company’s accounts in three payments – the largest of which was £36.5m. That’s more than Thurrock spends each year on supporting children with special educational needs, gone within a day. TBIJ has not been able to trace that money.

‘He went incredibly fast into spend mode’
Within a few months Kavanagh was back for more. On 8 February 2019 the council transferred a further £50m to Rockfire Investment Finance – the second increase to its investment in the 32 solar farms.

A witness described Kavanagh leaving a meeting at the May Fair Hotel and boasting of having secured the staggering sum. “He came out and said he had just got £50m. I said ‘£50m?’ because I thought I had misheard. He said, ‘Yeah, they had just signed up [for] £50m’. He was chuckling when he said it.

“Something that stuck in my head was he was very happy, but very relaxed about it, almost as if it were a normal amount to him.”

Kavanagh would stay happy. Rockfire Investment Finance’s records clearly show Thurrock’s £50m being used to fund extravagant purchases for his own benefit.

A £294,000 outlay in June 2019 was labelled “deposit on villa” alongside Kavanagh’s initials. Later that month Rockfire Investment Finance’s records show £783,000 being spent on a McLaren Senna supercar. In October of that year there were five transactions totalling £2.3m for a Bugatti Chiron.

A source with knowledge of the purchases made during this period said: “The impression I got was that all of a sudden he couldn’t spend his money quickly enough, whether it was on cars or aircraft or other assets. He went incredibly fast into spend mode.”

Kavanagh’s lawyers, Carter-Ruck, have previously told TBIJ the additional money provided by Thurrock “could be legitimately used for any business purpose” and that any suggestion he had “personally received public funds that were intended as investments, which he spent on high-value assets” was “manifestly false”. The records of his own company show that to be far from the case.

When confronted before this story, Kavanagh’s position changed. He now argues the terms of the investments placed no restrictions on how the money could be spent and suggested others at the company bore responsibility.

Kavanagh claims the Instagram account was set up by a tattoo artist he knows without his knowledge or consent and that he had never put information relating to his private life in the public domain.

A graphic of a yacht with flats in the backdrop

Eleanor Shakespeare for TBIJ

‘Wealth for years to come’
In January 2020 Kavanagh personally intervened to ensure Thurrock council handed over another £40m.

To achieve this level of investment Rockfire Capital needed to show the same 32 solar farms were worth even more of the taxpayers’ millions. However, using figures provided by Toucan Energy, the company managing the sites, would have resulted in a valuation nowhere near the value Kavanagh wanted.

And he knew it. “Just to make you aware on the proposed £40m - we have received this from Toucan,” read an email from Ian Walsh, finance director at Rockfire Capital, to Kavanagh.

The value of the farms depended on the predicted price the power they produced could be sold at, valued per megawatt-hour (MWh). Walsh explained the power price provided by Toucan was £41.70 per MWh, far less than the £62 Kavanagh wanted. This would have a “significant impact” on the valuation of the sites, he wrote, before adding: “Can we discuss in the morning please?”

Kavanagh’s reply was unequivocal.

“You can call me when you want but we will issue a model [with] an assumption of power price at £62,” he wrote. “We’re not responsible for the investment decision of others, neither do we undertake DD [due diligence] on others’ behalf.”

An screengrab of an email from Liam Kavanagh


The deals with Thurrock were a “very long term play”, wrote Kavanagh, and it wouldn’t be a problem for the council to “accommodate drops in income” – an approach which Thurrock’s subsequent financial collapse has proved entirely false. As for himself, Kavanagh made the aim of this particular “play” – and all his deals with Thurrock – abundantly clear.

“These funds, along with the existing, will be used to create a new family investment office and to create wealth for years to come,” he wrote. “This has always been my plan and we have only now to achieve this.”

“By all means check with me,” he added, “but I have given a direct instruction and that is how it is.”

That instruction appears to be clear. Thurrock was to be provided with an inflated power price so Kavanagh could make as much money for himself as possible. This contributed to the taxpayer losing tens of millions of pounds, all for his own personal gain.

The misleading price – effectively the same as used in November 2018 – was provided on Kavanagh’s order to APSE. However, before Thurrock handed over yet another £40m, the law firm Bevan Brittan “flagged serious risks” about the transaction to Clark personally. He ignored those concerns and, on 27 January 2020, authorised the payment. While there is no suggestion he was aware of the inflated prices being presented to him or that his investments were being spent on luxury items, Clark has never explained why he went against the legal advice.

Kavanagh told TBIJ that the figure he told Walsh to use was an accurate representation of the future power price for the solar farms, which he claims has now been borne out by power price increases since. Walsh did not respond to TBIJ before this story was published.

How to make a million

‘Get rid of fucking Rockfire’
Exactly what happened to the final £40m is unclear. Rockfire Investment Finance’s records show it moving between accounts before being caught up in a company restructure that effectively hid how Thurrock’s money had been spent.

Kavanagh was already making significant changes to the running of his businesses before the last top-up arrived. Staff were informed of strict new spending limits and that their boss would only be in the UK for a few days a year. Information about his whereabouts was to be kept to a minimum, they were told.

In late January 2020 Kavanagh pulled out of an interview TBIJ had arranged with him as part of this investigation. Rockfire Capital’s website was later taken offline.

Then, following our first story in May 2020, Kavanagh was caught on a dash cam planning more drastic action. While being driven to an airport in Bournemouth to board his private jet, he spoke of the need to document things in order to “protect everybody’s interests and the money”.

He described how a “bomb got dropped” with the “fucking article shit” but that it had made up his mind to wind up Rockfire Investment Finance and start selling the solar farms. “I’m not bothered now,” he said, “I’m never going to raise a pound from a local authority again.”

After appearing to confirm that the process of deregistering his companies had started, Kavanagh said: “Get that gone. Get shit transferred over, get rid of fucking [Rockfire Investment Finance], get rid of all this other bullshit”.

And that is exactly what happened. Rockfire Capital, which marketed the investment opportunities to local authorities, was put into liquidation. A Kavanagh-owned company that acted as a security trustee for some of the deals with the council was dissolved. An application was submitted to wind up Rockfire Investment Finance despite the company owing Thurrock more than £500m. This meant accounts for 2019 and 2020, the years when the luxury purchases were made, have never been filed.

In December 2020 Kavanagh bought Ashe Park, a 232-acre country estate in Hampshire for £22m. The period property has six reception rooms, seven bedrooms and extensive grounds replete with a tennis court and stables. Like the other purchases, this too was funded by Thurrock’s money, with the deposit referenced explicitly in the records of Rockfire Investment Finance. The company’s records also show payments totalling tens of millions of pounds to Kavanagh personally throughout the period of his deals with the council.

The solar farms were eventually transferred to a new company, Toucan Energy Holdings 1, with Kavanagh being paid £3.3m for “advisory services” relating to the contrived restructure. He denies trying to hide anything from the council and previously told TBIJ the restructure was to “streamline” his businesses.

The plan unravels
Any hope that the restructuring would stop further questions about how Thurrock’s £130m had been spent ultimately failed. In July 2022, TBIJ published details about the additional investments and Kavanagh’s purchases. In response financial advisers wrote to local authorities and urged them to stop lending to Thurrock.

In November 2022, Toucan Energy Holdings 1 went bust owing Thurrock £655m plus interest. A buyer for all the sites is now being sought. A report published by the administrators shows the additional £130m ploughed into the 32 solar farms by the council will not be recouped.

Later that month Thurrock revealed the collapse of its investment policy had left it with a budget gap of nearly £500m – the second largest ever reported by a UK local authority. Business deals gone wrong made up most of the shortfall, the largest of which was the investment in Kavanagh’s solar farm empire. In the build-up to Christmas the council declared itself effectively bankrupt.

A government bailout of £635m will help the council to balance its books, but the repayments will place strain on its budget for at least 20 years.

‘Rapid reduction’ in services
Kavanagh spent Thurrock’s money on a lifestyle few can dream of. The people who live there will be picking up the bill for decades to come.

In March Thurrock was given special permission to impose a 10% council tax without a local referendum. Years of increases are likely to follow. The huge budget gap will also require widespread cuts, but residents have heard little about which services will be affected. A government-commissioned inspection report, published in June, said the council required “urgent change”.

“The scale of the financial challenge now facing the council means it is inevitable that, in addition to making extensive efficiency savings, the council will have to undertake a significant and rapid reduction in the scope of local services,” said the report.

“Many services, which have been relatively well funded over the past decade may, as a consequence, be equipped to do little more than the statutory minimum for the foreseeable future.”

John Kent, leader of the Labour group on Thurrock council, told TBIJ: “These new allegations are utterly damning.

“It looks like the council has been a victim of a colossal fraud and, as always, it’s the innocent residents that will be picking up the tab through sky high tax increases and vastly poorer services for decades.

“The question remains – what is the council going to do about it?”

‘It makes me angry they’re not stepping up’
The answer, so far, is not a lot. The government inspectors were heavily critical of Clark, who arranged all the investments and largely ignored the few limitations placed on him by councillors. He was supposed to tell party leaders about deals over £10m before they were made. He rarely did so. Crucially, he failed to disclose any of the additional investments that eventually led to the loss of £130m.

Inspectors said Clark was “central to the … failure of the council’s investment strategy”, lacked the “skills and experience to safely deliver” the policy and had not secured appropriate investment advice. They were unable to find any document that set out the information he considered before investments were made. As a result it was “impossible to know what risks were considered”, said the report. Councillors who were supposed to scrutinise what Clark was doing repeatedly failed to do so.

A graphic of Thurrock’s chief finance officer, Sean Clark

Eleanor Shakespeare for TBIJ

The council was waiting for the inspectors’ verdict before deciding whether to take action against any individuals. In June, the newly elected council leader, Andrew Jefferies, was asked whether his administration supported calls for a police investigation. He said the council was “committed to fully investigating all aspects of its finances” and that “all options will be considered”.

However, Essex Police has yet to open a criminal investigation, and the council has made no complaint to them. The Serious Fraud Office (SFO) would not confirm or deny whether an investigation was underway. The Insolvency Service started investigating the restructure of Kavanagh’s companies in July 2021 but declined to comment on its findings.

TBIJ shared its evidence with Gavin Cunningham, partner in forensic services at accountancy firm Menzies and a former senior investigator at the SFO. He believes the council was misled by the valuations produced on behalf of Rockfire Capital.

He added: “Since the subsequent use of the top up funds appears to have included acquiring assets which were or could have been for the personal benefit of Mr Kavanagh, that makes this particularly egregious and potentially fraudulent.

“Given the nature of the allegations and the very large sums of money involved, these events require investigation by an appropriate law enforcement body.”

The council is also yet to take civil legal action against anyone involved in its failed investments, although it is understood to be preparing cases. In the meantime Kavanagh has sold Ashe Park and his jet, and has been living in a luxury villa in Dubai.

Responding to TBIJ’s findings, Jefferies said: “As a council we recognise that things went very wrong and our focus is on taking the necessary action to put that right.

“I am deeply sorry for the shocking and unacceptable failings of the past. We are taking all appropriate action to recover the council’s financial position while ensuring that we protect vulnerable residents and essential services.”

The council’s inaction and its refusal to say whether it has been the victim of a crime, be that fraud or misconduct in public office, have deterred people with knowledge of the events from speaking out for fear of being sued by Kavanagh. Last year he took legal action against one of TBIJ’s sources. Some agreed to speak on condition of anonymity. Others felt unable to help at all.

One source told TBIJ: “Thurrock have never made any statements that they believe they are a victim of anything. Having seen the valuation and emails, it makes me angry they’re not stepping up and saying they’re a victim. It makes me angry that Clark is allowed to maintain silence as to what he thought the £130m was for.”

In response to our investigation, Liam Kavanagh released the following statement through his lawyers.

He said: “Thurrock council’s recently published Best Value Inspection Report publicises that Thurrock council had, since 2017, built up a very substantial portfolio of investments without any member or executive oversight. Various of those investments in companies completely unconnected to me caused Thurrock council significant losses. The report makes clear that internal checks and balances were not in place that should have been.

“I was approached by Thurrock council in relation to investments in solar farms and those investments produced significant income for Thurrock council over a number of years and the assets continue to make a profit; even more so with recent rises in energy prices.

“I have never misled Thurrock council during the course of those investments. It was always my understanding that Thurrock council conducted its own independent due diligence into investments. I have had a successful career over the course of decades, preceding and outside of renewable energy, and separate to any of the Thurrock council investments.”
Funny how always financially throttling public services and local authorities makes them far more vulnerable to predatory fraudsters and corruption while also robbing them of any effective means for seeking judgement or reparations, int it?
 
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XsjadoBlaydette

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Betterhelp been caught by the FTC selling ppls personal data to giant data horders like facebook, not bothering at all to uphold their security agreements.


We're diving into this story again because the FTC recently detailed some allegations against BetterHelp regarding alleged misconduct with user data and I have A LOT to say. Let's dive in! Links mentioned:

https://www.ftc.gov/news-events/new...elp-sharing-sensitive-health-data-advertising



https://www.ftc.gov/business-guidan...-people-handing-over-health-information-broke



 
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Kwak

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Freedom to be a slave...
https://greekreporter.com/2023/09/27/greece-labor-law-six-day-working-week/

The Parliament in Greece recently approved a new labor law that introduces a six-day work week and flexible working hours despite the protests of opposition parties and trade unions.

Out of 300 legislators, 158 supported the law, all from the ruling New Democracy party. The rest voted against the legal reform.

The government claimed that the new labor law incorporates EU directives into Greek law and is a way of combating undeclared work, offering flexibility and boosting employment in general.


The new law allows full-time workers to have a part-time second job and to work up to thirteen hours a day. In other words, this amounts to sixty-five hours a week (five-day week) or seventy-eight hours (six-day week).

It also sets out the conditions for a six-day week if necessary.


Employers will be able to offer new workers a probationary period of up to six months and dismiss them during the first year without compensation or notice unless otherwise agreed.

Labor Law in Greece will punish those that prevent workers from working
In addition, those who prevent workers from going to work during strikes will be punished with fines.

The plans include obliging people to work on a Saturday or Sunday and receiving an additional forty percent of the daily wage for the sixth work day.


They also include the introduction of employment on demand, making it possible for an employer to call an employee twenty-four hours in advance in order to request them to show up to work.

The law would allow workers to take on a second job with another employer for up to five hours a day in addition to the eight regular working hours.
 

Absent

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Freedom to be a slave...
https://greekreporter.com/2023/09/27/greece-labor-law-six-day-working-week/

The Parliament in Greece recently approved a new labor law that introduces a six-day work week and flexible working hours despite the protests of opposition parties and trade unions.

Out of 300 legislators, 158 supported the law, all from the ruling New Democracy party. The rest voted against the legal reform.

The government claimed that the new labor law incorporates EU directives into Greek law and is a way of combating undeclared work, offering flexibility and boosting employment in general.


The new law allows full-time workers to have a part-time second job and to work up to thirteen hours a day. In other words, this amounts to sixty-five hours a week (five-day week) or seventy-eight hours (six-day week).

It also sets out the conditions for a six-day week if necessary.


Employers will be able to offer new workers a probationary period of up to six months and dismiss them during the first year without compensation or notice unless otherwise agreed.

Labor Law in Greece will punish those that prevent workers from working
In addition, those who prevent workers from going to work during strikes will be punished with fines.

The plans include obliging people to work on a Saturday or Sunday and receiving an additional forty percent of the daily wage for the sixth work day.


They also include the introduction of employment on demand, making it possible for an employer to call an employee twenty-four hours in advance in order to request them to show up to work.

The law would allow workers to take on a second job with another employer for up to five hours a day in addition to the eight regular working hours.
But ND is still "center-right" according to The Guardian.

It didn't even reach the required number of drownings by pushbacks to qualify as "right wing".

(Pro tip : Say something nice about the EU, and the Guardian will lick your ass to the end of times no matter what you do.)
 
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Satinavian

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Blaming the EU for this is obviously nonsese as all the other EU countries did not have any such "reform" recently. But of course it is still going practice to blame everything bad on the EU, even if it is the national gouvernment screwing its population to satisfy business. Just like in Britain before Brexit.
 

Absent

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Blaming the EU for this is obviously nonsese as all the other EU countries did not have any such "reform" recently. But of course it is still going practice to blame everything bad on the EU, even if it is the national gouvernment screwing its population to satisfy business. Just like in Britain before Brexit.
This is not about the EU. But the fact that the Guardian keeps misrepresenting ND and presenting it as moderate has everything to do with the EU.
 
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Ag3ma

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This is not about the EU. But the fact that the Guardian keeps misrepresenting ND and presenting it as moderate has everything to do with the EU.
Actually, I think it's got a lot to do with the heavy shift towards the far right. When the likes of Fidesz, PiS, RN and Lega and the US GOP exist, there's a whole lot of extra leeway for right wing parties to appear moderate.