QINETIQ – CASH FOR THE BOYS

When a third of Qinetiq was sold off to private investors in 2003, the most senior ten managers pocketed a cool £107.5 million. The problem with this is that Qinetiq was owned and paid for by us, the British taxpayers – so that’s our money these ex civil servants are currently holding for us.

The contempt that the British Government is currently displaying toward us, the taxpayer is extraordinary when considering how destructive Labour is being to the Country and the ‘British Nation’ - from the impotent local Council level right up to Gordon Brown.

Labour’s comment on the Qineteq taxpayer rip-off was that they got a good deal so the taxpayer should stop whining as they don’t understand complicated things like money and business.

Reading Borough Council has cost us the people of Reading a fortune wasting money on the Inner Distribution Road mismanagement; Martin Salter is nowhere to be seen unless there’s a television camera present and the Labour Government is screwing up everything it touches from Northern Rock, to wars over oil, to FMD, to suppressing bad facts to the country until being pressed by a newspaper.

We must not let any party win such a large majority in Parliament again. Labour is demonstrating an ill placed Machiavellian ‘we couldn’t give a shit what you think common people’ style of power and the other party and a half in opposition are simply ‘not fit for purpose’.

I’d love to end by suggesting a solution for Martin Salter who likes other people doing his work for him, but I have no alternative and therefore declare this post a frustrated rant.

On the other hand, in the absence of another obvious protest vote party like UKIP in the next election, we could always vote Green.

Qinetiq's 10 most senior managers gained £107.5m after the move, a return of 19,990% for their total £540,000 investment in shares, a return labelled "excessive" by the NAO.

http://news.bbc.co.uk/1/hi/business/7108444.stm