George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Saturday, July 2, 2011

Prince Charles income rose to over $20 million, his personal staff totals 159 (they got no raises in 2010)

7/2/11, "Heir apparently not aware of tough times facing his nation," Belfast Telegram

"Cognitive dissonance, or taking the you-know-what? I'm still trying to decide, but judge for yourself: as ordinary people in this country cut back on even small luxuries like chocolate, Prince Charles has increased his staff to, wait for it, 159.

His overall income, which includes funding from the Government and the Duchy of Cornwall, rose by almost 5% to £19.7m last year.

Meanwhile, the salaries of his expanding staff of butlers, valets, aides, dressers, housekeepers and gardeners

  • were frozen. It's tough out there, you know.

The prince is, as we know, a doughty campaigner against climate change and 'over-consumption of finite natural resources'.

It says so in his annual review, which also reveals that his own travel costs rose by 56% last year as he and Camilla clocked up 34,000 miles on official trips.

The review speaks in glowing terms of his Start initiative 'to encourage people and communities to take practical steps to reduce their energy use and carbon footprint'.

But the prince has yet to start cutting his own expenditure, although one economy has been announced this week: his newly-appointed harpist won't receive a salary.

Perhaps the Royal Family doesn't follow the news. How could they have failed to notice that the word 'austerity' is everywhere, along with alarming phrases like 'retail carnage'?

In Greece, there are riots over the prospect of another round of savage cuts and in this country a swathe of High Street names is announcing shop closures and redundancies.

Up to 10,000 jobs are set to be lost across the country as one company after another recognises that consumers have less money after paying soaring household bills.

But while shoppers can no longer afford to indulge themselves with a few chocolate truffles, Charles's personal spending rose by 50% to £2.5m

His expenditure on entertaining and receptions alone rose by more than a quarter, to £323,000. And he claimed it all against tax - along with £155,000 for the upkeep of his gardens.

This ancient-regime lifestyle is all the more astonishing against the background of yesterday's strike by public sector workers, with millions of people across the UK protesting about having to work longer for smaller pensions.

There's no doubt that there is a pension-funding crisis, but an evident lack of fairness makes the bitter pill harder to swallow.

One of New Labour's failures in government was its unwillingness to tackle the pay gap between the highest and lowest-paid, allowing a culture of excess to flourish unchecked in publicly-funded institutions.

I'm not just talking about the lucky residents of Clarence House, but the way in which all kinds of people - from council chief executives to top BBC presenters and executives - began to expect (and got) eye-watering salary and pension deals.

The BBC refused to comment on Wednesday on reports that it has paid more than £1.3m to make just two of its most senior staff redundant, saying only that it has made 'significant progress' in reducing the number and salaries of top executives.

But the deputy director-general, Mark Byford, is believed to have received just under £950,000 - in addition to a generous pension pot - while another senior member of staff, who had worked for the BBC for less than two years, left with just under £400,000. Presumably the corporation was contractually obliged to make the payments. But the question is why the BBC's salary structure was allowed to become so detached from reality.

Envy is an unattractive emotion, but this isn't just about a few overpaid individuals - it's about fairness at a time when people who don't have very much to start with are seeing their pensions reduced, getting fewer visits from home-helps

  • or having their day centres closed.

That's the reality for millions, and I can't help wondering why we put up with an heir who's a one-man argument for the introduction of sumptuary laws."




via Lucianne.com

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I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.