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re: Queen Elizabeth to obtain government bailout as real estate portfolio drops to $26 billion
Posted on 9/25/20 at 12:33 pm to Bench McElroy
Posted on 9/25/20 at 12:33 pm to Bench McElroy
quote:
Queen Elizabeth to obtain government bailout as real estate portfolio drops to $26 billion
quote:
Last week the Crown Estate announced more than a $107 million drop in the value of its rental portfolio, bringing it down to $26 billion, reports the London Economic.
1
Posted on 9/25/20 at 12:34 pm to Bench McElroy
quote:
$26 billion
OT poor
Posted on 9/25/20 at 12:35 pm to Bench McElroy
Imagine having to make do on a portfolio worth only $26 billion. The horror!!!
Posted on 9/25/20 at 12:44 pm to Bench McElroy
When I worked for the New South Wales state government, our office building was crown land. I got a kick out of seeing “HM Queen Elizabeth II” listed as the landlord on our lease.
Posted on 9/25/20 at 12:46 pm to dewster
quote:
Wow. Thank goodness for the Royal Family. The are such an asset to the people.
They bring tourists.
Posted on 9/25/20 at 12:48 pm to Bench McElroy
Wonder if she has a gofundme account?
Posted on 9/25/20 at 12:50 pm to DavidTheGnome
quote:
They bring tourists.
Precisely. So many fail to comprehend that The Royal Family is basically a giant corporation and what the British taxpayer pays her is no different than a compensation package for a CEO. Revenue from The Crown inures to the benefit of the taxpayers, the taxpayers give her and her family a cut back to pay for the expenses out of which staffing etc to run the operation is paid. She's no different than a management consultant. And this provision for when revenue drops was written into the agreed upon funding years ago. And is reviewed frequently.
This post was edited on 9/25/20 at 12:52 pm
Posted on 9/25/20 at 12:57 pm to DavidTheGnome
quote:
They bring tourists.
So does the White House, Major League Baseball, and Hollywood. Royals not required.
Posted on 9/25/20 at 1:08 pm to Bench McElroy
quote:
$107 million drop in the value of its rental portfolio, bringing it down to $26 billion,
Have you seen the doors on the Royal Bentley Limousine?
Posted on 9/25/20 at 1:18 pm to Bench McElroy
quote:
Have a monarchy in the year 2020, brehs.
I'd take a Monarch that supported their nation and people over a Democracy/Republic that hated the main ethnic group of the nation.
(Not at all sayin England's crown is good, bc they're not)
This post was edited on 9/25/20 at 1:20 pm
Posted on 9/25/20 at 2:13 pm to Cymry Teigr
quote:
Precisely. So many fail to comprehend that The Royal Family is basically a giant corporation and what the British taxpayer pays her is no different than a compensation package for a CEO.
Yeah, I'm not sure people on here realize this is different than her private estate. This isn't a government bailout to the Queen as much as it's a government bailout to itself.
Posted on 9/25/20 at 2:41 pm to WestCoastAg
Posted on 9/25/20 at 2:51 pm to boosiebadazz
quote:
Imagine being a common UK resident and defending this
Piers Morgan probably blamed it on Meghan Markle
Posted on 9/25/20 at 2:53 pm to Elleshoe
quote:
That may be but he also must admit that she’s Simply Irresistible
There's no telling where the money went
Posted on 9/25/20 at 2:58 pm to CapstoneGrad06
quote:
Sun is about to set on the empire for good.
Not wishing ill will on anyone, but let’s say the Royal Family vanished from the Earth today. Would any function of government be affected? I guess the better questions is ‘What role do they play in the functioning government?’
Any at all?
Posted on 9/25/20 at 3:02 pm to Bench McElroy
We told the royal family what they can go do with themselves
frick YEAH!
USA BABY!
MAGA MOTHERTRUCKERS!
frick YEAH!
USA BABY!
MAGA MOTHERTRUCKERS!
Posted on 9/25/20 at 3:02 pm to boosiebadazz
quote:
monarchy in the year 2020
quote:
Imagine being a common UK resident and defending this
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