Economy Is F****d, Says Branson

[tusme]

Sir Richard Branson has given a blunt assessment on the economy in terms that would make a virgin blush: It's f****d, he says

link... (http://news.sky.com/skynews/Home/Business/Richard-Branson-On-The-Economy-Entrepreneur-Gives-Damning-Verdict-In-Plain-Language/Article/200812315183769?lpos=Business_First_Home_Page_Feat ure_Teaser_Region_0&lid=ARTICLE_15183769_Richard_Branson_On_The_Econom y%3A_Entrepreneur_Gives_Damning_Verdict_In_Plain_L anguage)

[kiwimaj]

Sir Richard Branson has given a blunt assessment on the economy in terms that would make a virgin blush: It's f****d, he says

LOL.. what makes him say that??????????????????? (illuminati puppet..)



http://img.metro.co.uk/i/pix/2007/10/BransonStunt_450x475.jpg

[lightgiver]

The economy as always been fucked up,the false economy is just for the rich,and that's why its fucked and always will be until we have a fairer and just system,the system we have is not to bad its just that its been totally corrupted by the rich and joe public does not help matters buying all that worthless shit.
It needs a total overhaul and these rich bastards need monitoring,just like the forum users on here,isn't it funny how the rich always get away with corruption:mad:

[parmy]

dont worry dick - i`m sure you and your family will be ok:mad:

[largejack]

dont worry dick - i`m sure you and your family will be ok:mad:

I'm not so sure after looking at that picture :D

[tusme]

Sir Richard Branson has given a blunt assessment on the economy in terms that would make a virgin blush: It's f****d, he says

LOL.. what makes him say that??????????????????? (illuminati puppet..)



http://img.metro.co.uk/i/pix/2007/10/BransonStunt_450x475.jpg
Hi Kiwimaj,

Hmm...one very p!ssed-off puppet...! :D

Cheers

[h2pogo]

well thats the second time i heard him say some thing truthfull.

[zero1]

well thats the second time i heard him say some thing truthfull.

What was the first? :)

[h2pogo]

he said you cant have a real democracy if rupert murdock owns all the news papers tv media ect.or something to that effect.
i think he was pissed off when murdock brought itv.

[zero1]

he said you cant have a real democracy if rupert murdock owns all the news papers tv media ect.or something to that effect.
i think he was pissed off when murdock brought itv.

Good. True.

[academylin]

Who the fuck cares what Richard Branson says ????????????????????
We live our lives.... with or without Richard fuckin Branson.....
RANT OVER ?

[the nine]

Who the fuck cares what Richard Branson says ????????????????????
We live our lives.... with or without Richard fuckin Branson.....
RANT OVER ?

I heard that 'Boots' cares...

[fikle]

he said you cant have a real democracy if rupert murdock owns all the news papers tv media ect.or something to that effect.
i think he was pissed off when murdock brought itv.

Fair play. I'm going to stick my neck out and say that I reckon that Richard Branson is basically (or has been) a good guy. Did you know that he ran a company called Virgin films for a while and they made the film of George Orwell's 1984?

As an aside, I flew from the UK to the states on virgin atlantic a couple of years ago and Loose Change was listed as one of the in flight movies. Not only that, but it was recommended as a must watch in the in flight magazine. However it wasn't actually available on the flight. I'm not surprised that a film that features video footage (real or fake) of planes crashing into buildings didn't last too long on the schedule of trans-atlantic flights. Good effort for listing it though (and putting it on the front page) - The in-flight magazine described Loose Change as one of the most watched internet movies of all time, and in the synopsis did not demonstrate any bias against the views the film expresses - it simply said watch it and make up your own mind.

Of course with an empire the size of Virgin it's unrealistic to attribute every action of every company to it's director, but perhaps the above will be of interest to some folks.

Peace

[1694]

Who the fuck cares what Richard Branson says ????????????????????
We live our lives.... with or without Richard fuckin Branson.....
RANT OVER ?

Sadly this is not true....look at the money he weilds and the insideious beast that is money has seaped into all our lives.

The rich are best placed and better prepared in general than the poor (some claim they don't know how to live without their money, might well be true, which is why they use their money and power to protect their money and power). So if the rich are taking a financial bitch slap, expect a financial gang rape at the common man level.

[brainfreeze]

What's so wrong with having and enjoying the money you worked hard for?

I don't get it?

I was brought up with the mindset that you work to better yourself in life and to take care of your loved ones. No one owes us anything and if we want anything in life we have to go out and get it ourselves.

What is wrong with that?

Branson earned his cash, as do I, though I make way less than he does.

So do you guys like hate anybody/everybody who earns a crust?

[1694]

On the contrary, it is the creation of money without work which I find repulsive, and the reservation of this privilidge to a select few via our current money monopoly, and lest we forget the engraned destructive nature of fractional reserve fiat money.

I have nothing against branson. He wields money, and since we are all linked by this common bond of money so Branson has an effect on our lives. If his empire collapses we will all feel the tremors. Pay heed.

[brainfreeze]

On the contrary, it is the creation of money without work which I find repulsive, and the reservation of this privilidge to a select few via our current money monopoly, and lest we forget the engraned destructive nature of fractional reserve fiat money.

I have nothing against branson. He wields money, and since we are all linked by this common bond of money so Branson has an effect on our lives. If his empire collapses we will all feel the tremors. Pay heed.

Cheers, thanks for clearing that up.

The bible says something about the poor inheriting the earth. I got tired of being poor and waiting for someone to die so that I can inherit, so I worked my arse off and moved to the better side of the tracks. Now I play pretend I've always been well off lol.

Kinda like that bible story with the two brothers. One buried his money for safe keeping while the other invested his and made daddy proud. Hard work brings money, money brings rewards, like more time with the kids etc... Life is a trade off.

But yeah, there's earning what you need and then there is obscene!

[h2pogo]

Fair play. I'm going to stick my neck out and say that I reckon that Richard Branson is basically (or has been) a good guy. Did you know that he ran a company called Virgin films for a while and they made the film of George Orwell's 1984?

As an aside, I flew from the UK to the states on virgin atlantic a couple of years ago and Loose Change was listed as one of the in flight movies. Not only that, but it was recommended as a must watch in the in flight magazine. However it wasn't actually available on the flight. I'm not surprised that a film that features video footage (real or fake) of planes crashing into buildings didn't last too long on the schedule of trans-atlantic flights. Good effort for listing it though (and putting it on the front page) - The in-flight magazine described Loose Change as one of the most watched internet movies of all time, and in the synopsis did not demonstrate any bias against the views the film expresses - it simply said watch it and make up your own mind.

Of course with an empire the size of Virgin it's unrealistic to attribute every action of every company to it's director, but perhaps the above will be of interest to some folks.

Peace

intresting stuff.
may be he aint so bad after all?
i would rather pay him to watch telly than murdock any day.

[academylin]

I heard that 'Boots' cares...

That'll be the next one, like Woolworths

[academylin]

Sadly this is not true....look at the money he weilds and the insideious beast that is money has seaped into all our lives.

The rich are best placed and better prepared in general than the poor (some claim they don't know how to live without their money, might well be true, which is why they use their money and power to protect their money and power). So if the rich are taking a financial bitch slap, expect a financial gang rape at the common man level.

Speak for yourself, I we ( in the southwest ) live in a particularly POOR place, It is a massive challenge to even live.

The solution lies in moving to a city..... all of us ?
Our water rates are the highest in the country, as is the council tax.... we have the richest address on our doorstep ( dontchaknow ?) Headland rd Newquay. By accounts of all the wholesome gladrags, but, we are a community which refuses to give up.

We are a TOURIST TOWN with no tourists... welcome to England.
And as I said previously,

Newquay airport shut.
Three weeks now.
Close to 3 million per week loss.
Thats nigh on 10 mill NOT going to eastern europe.

[1694]

Speak for yourself, I we ( in the southwest ) live in a particularly POOR place, It is a massive challenge to even live.

The solution lies in moving to a city..... all of us ?
Our water rates are the highest in the country, as is the council tax.... we have the richest address on our doorstep ( dontchaknow ?) Headland rd Newquay. By accounts of all the wholesome gladrags, but, we are a community which refuses to give up.

We are a TOURIST TOWN with no tourists... welcome to England.
And as I said previously,

Newquay airport shut.
Three weeks now.
Close to 3 million per week loss.
Thats nigh on 10 mill NOT going to eastern europe.

Sorry I don't get your point?

Are you saying you are poor and it has recently become harder to get by, or did you used to be rich and now are struggling to get by? (you live in a poor place with a rich address?)

Either way it is immaterial, life is going to get harder for everyone, if the rich are scared, you should be too, probably more so.

[academylin]

Think I was trying to say that really it doesn't matter what the economy, globally does to us down here, as we are so used to getting by on a wing and a prayer, as I said a holiday town with no tourists..welcome.
But apologies... yup I was burbling again, this really must stop !

[academylin]

Annnd.....
I don't do fear, but thanks for the concern.

[anthony65]

Very interesting that yesterday we were reading Jeremy Clarkson's doom and gloom article and today Richard Branson comes out with this...

The immediate direction of the economy is clear.

The bubble has burst.

What comes next?

** And as I wrote yesterday. There is absolutely no reason why there should be the kind of trouble Jeremy Clarkson described yesterday unless the government wants that kind of chaos to happen.

Does Jeremy Clarkson know something from inside sources or has he been reading the Real News (used to be known as Conspiracy sites) in the Internet?

[icke_is_right]

Well, my perception of Branson is that he isn't a good businessman. Why enter an airline industry for example where planes need constant maintenance/upgrading and you are at the mercy of the economy and oil. He's also admitted himself that he doesn't understand that much about finance. My experience with Virgin Mobile will have me avoiding anything Virgin for the rest of time.

All you need to understand about the economy is that money isn't real. There you go, simple. Now, what are you going to do about it?

[1694]

Annnd.....
I don't do fear, but thanks for the concern.

We have nothing to fear but fear itself. You have no need to be be scared of fear or to resent it. Fear has no malice.

If you want to put a more positive spin on it you can call it "looking forward to tomorrows unkowns."

As you say you are used to getting by on a wing and a prayer, this is good, but what if that wing you used to rely on is reposesed, make sure you can get by on just a prayer if you have to :-)

[ayomide]

Ugh - that man is just fugly! :eek:

I always wanted to work for VF as cabin crew but I am not cheap labour nor am I a robot! Plus I am not blonde so can't work for them - it really sounds like I am a greedy burk but trust me - working for VF you would spend half your time bitching about your per diem & payscale, aswell as trying to serve a pax in JC and use the other hand to discreetly remove his hand from your ass - doing all this with a smile:D and promotion depends on how blonde and tacky you are! Lucky I got a blonde wig but keep it hush please.

[toty1994]

As an aside, I flew from the UK to the states on virgin atlantic a couple of years ago and Loose Change was listed as one of the in flight movies.

Peace

That is bizarre whichever way you look at it. It's like boarding a plane to discover the in-flight entertainment is a choice between the movie 'Alive' or the latest series of 'Air Crash Investigation'!:confused:

[stelios]

I always had Branston down as being in bed with the Labour party, after all they did their level best to give him the lottery probably after he had promised them a backhander.
Maybe he is simply feathering his nest for the forthcoming Conservative governemtn and trying to gain favour with them?

[keystone]

He's also admitted himself that he doesn't understand that much about finance. My experience with Virgin Mobile will have me avoiding anything Virgin for the rest of time.He can't run a train service either!

[stelios]

He is not a conventional businessman.
His model is to take over companies without paying a penny in cash himself, then not paying a single bill.
And finally selling off the rump for a substantial profit.
He did this with Our Price records for example and basically look at each of his ventures, they all rely on other peoples money.

Virgin Media is anoter case.
Virgin Mobile is simply T Mobile in disguise. A virtual network simply cashing in on a brand, but NTL and Telewest and Flextech were real companies with real products who fell under the Branson spell and exchanged their businesses for his paper share certificates. Now he owns their businesses without forking out a penny in cash.

[brainfreeze]

He is not a conventional businessman.
His model is to take over companies without paying a penny in cash himself, then not paying a single bill.
And finally selling off the rump for a substantial profit.
He did this with Our Price records for example and basically look at each of his ventures, they all rely on other peoples money.

Virgin Media is anoter case.
Virgin Mobile is simply T Mobile in disguise. A virtual network simply cashing in on a brand, but NTL and Telewest and Flextech were real companies with real products who fell under the Branson spell and exchanged their businesses for his paper share certificates. Now he owns their businesses without forking out a penny in cash.

He sounds like a very canny adventure capitalist to me :D

I like the man.

[lewi]

So is my bank balance because of this mess they have created but no one cares about the little man trying to survive.

[Ian2day]

I think that the answer is to let go of the fear of having nothing. Afterall it is each other that counts. I've learnt the hard way, perhaps too late that it is having others in your life which matters. No amount of money or not having money affects the ability to have relationships with people. As long as you can connect with another. Let the fear go of being skint and having debts. Its not ideal, but you make do. As long as you have others arround you what care and love you. Then money is just paper. Perhaps we need to have money backed by love. Love for each other instead of love for materialism and possessions.

[steevo]

He is not a conventional businessman.
His model is to take over companies without paying a penny in cash himself, then not paying a single bill.
And finally selling off the rump for a substantial profit.
He did this with Our Price records for example and basically look at each of his ventures, they all rely on other peoples money.

Virgin Media is anoter case.
Virgin Mobile is simply T Mobile in disguise. A virtual network simply cashing in on a brand, but NTL and Telewest and Flextech were real companies with real products who fell under the Branson spell and exchanged their businesses for his paper share certificates. Now he owns their businesses without forking out a penny in cash.

They are all at it. They call it a Private Equity Firm. John Major (Carlysle Group) is in on those sorts of deals and so was Ridsdale who made Leeds United go bust. Are you saying that Richard Branson is one of those ?
Anyway here is a list of the top 50 Private Equity Firms (according to wikipedia *spit*).

1 The Carlyle Group Washington DC $ 32.5
2 Kohlberg Kravis Roberts New York $ 31.1
3 Goldman Sachs Principal Investment Area New York $ 31.0
4 The Blackstone Group New York $ 28.36
5 TPG Capital Fort Worth $ 23.5
6 Permira London $ 21.47
7 Apax Partners London $ 18.85
8 Bain Capital Boston $ 17.3
9 Providence Equity Partners Providence, RI $ 16.36
10 CVC Capital Partners London $ 15.65
11 Cinven London $ 15.07
12 Apollo Management New York $ 13.9
13 3i Group London $ 13.37
14 Warburg Pincus New York $ 13.3
15 Terra Firma Capital Partners London $ 12.9
16 Hellman & Friedman San Francisco $ 12.0
17 CCMP Capital New York $ 11.7
18 General Atlantic Greenwich, CT $ 11.4
19 Silver Lake Partners Menlo Park, CA $ 11.0
20 Teachers' Private Capital Toronto $ 10.78
21 EQT Partners Stockholm $ 10.28
22 First Reserve Corporation Greenwich, CT $ 10.1
23 American Capital Bethesda, MD $ 9.57
24 Charterhouse Capital Partners London $ 9.0
25 Lehman Brothers Private Equity New York $ 8.5
26 Candover London $ 8.29
27 Fortress Investment Group New York $ 8.26
28 Sun Capital Partners Boca Raton, FL $ 8.0
29 BC Partners London $ 7.9
30 Thomas H. Lee Partners Boston $ 7.5
31 Leonard Green & Partners Los Angeles $ 7.15
32 Madison Dearborn Partners Chicago $ 6.5
33 Onex Toronto $ 6.3
34 Cerberus Capital Management New York $ 6.1
35 PAI Partners Paris $ 6.05
36 Bridgepoint Capital London $ 6.05
37 Doughty Hanson & Co London $ 5.9
38 AlpInvest Partners Amsterdam $ 5.4
39 TA Associates Boston $ 5.2
40 Berkshire Partners Boston $ 4.8
41 Pacific Equity Partners Sydney $ 4.74
42 Welsh, Carson, Anderson & Stowe New York $ 4.7
43 Advent International Boston $ 4.6
44 GTCR Golder Rauner Chicago $ 4.6
45 Nordic Capital Stockholm $ 4.54
46 Oak Investment Partners Palo Alto, CA $ 4.06
47 Clayton, Dubilier & Rice New York $ 4.0
48 AAC Capital Partners (ABN Amro Capital)[2] Amsterdam $ 3.93
49 Oaktree Capital Management Los Angeles $ 3.93
50 Summit Partners Boston $ 3.88
51 Barclays Private Equity London Euro 2.45

[guuna]

Isn't Branson alledgedly a high ranking Mason? A 33rd degree or some such.

If that's the case perhaps he knows something we don't. Strange his hankering for space travel and exploration.

[romas]

Isn't Branson alledgedly a high ranking Mason? A 33rd degree or some such.

If that's the case perhaps he knows something we don't. Strange his hankering for space travel and exploration.



So that's like double or triple "perhaps" is it worth ones attention?

[icke_is_right]

I think that the answer is to let go of the fear of having nothing. Afterall it is each other that counts. I've learnt the hard way, perhaps too late that it is having others in your life which matters. No amount of money or not having money affects the ability to have relationships with people. As long as you can connect with another. Let the fear go of being skint and having debts. Its not ideal, but you make do. As long as you have others arround you what care and love you. Then money is just paper. Perhaps we need to have money backed by love. Love for each other instead of love for materialism and possessions.

So, it's back to a subsistance lifestyle with other loving individuals? Getting over the fear of loss can actually help you become more successful but it doesn't necessarily mean giving everything up and begging on the streets.

[Ian2day]

So, it's back to a subsistance lifestyle with other loving individuals? Getting over the fear of loss can actually help you become more successful but it doesn't necessarily mean giving everything up and begging on the streets.

I think that the con is really that we have to work for x number of hours a week. Perhaps we need to be creative and social. Maybe that is enough and we have become pushed on by the greed of those who are not creative and so lack ability to be sharing compassionate individuals.

[angel147]

I think Sir Richard Bransons own holdings and assets should be his primary concern, seeing as I believe heard somewhere that he attended the grand opening of the "ATLANTIS" resort.

[lewi]

I think Sir Richard Bransons own holdings and assets should be his primary concern, seeing as I believe heard somewhere that he attended the grand opening of the "ATLANTIS" resort.
What ever happened to his water cars he built now that was a good idea.

:confused:

[endlessvista]

Branson the cunt who said he would get Gerry and KateMcCann off no matter how much it cost.

[fnulnu]

Branson the cunt who said he would get Gerry and KateMcCann off no matter how much it cost.

Good point...that might go a bit tits up now,eh.

[endlessvista]

Good point...that might go a bit tits up now,eh.

Sadly I think the "inspirational parents" have gotten away with this. Even if all their millionaire backers pulled out the fact they are both doctors and not living on a council estate means that they are safe from prosecution.

[guuna]

Branson the cunt who said he would get Gerry and KateMcCann off no matter how much it cost.


what a strange thing for him to say imo, shouldn't he rather have said that he will discover the truth no matter what the cost?

Weird.