#factoring government contracts

[agerskovpatton78]

Invoice Factoring For Government Staffing Agencies

From the Department of Transportation to the Department of Defense, we perceive the culture of the federal government agencies and tips on how to work with government receivables. Have the cash for working prices and employee payroll with our receivables financing answer. Government asset-based lending may be exhausting to qualify for, but not government contract factoring services from Bankers. We even have special programs for start-up government distributors who need credit score phrases with no hidden charges towards government accounts receivable. invoice factoring for government invoices This kind of funding helps to prevent a state of affairs the place you win a bid but usually are not capable of fulfill it for monetary reasons. When a business must work under federal laws and the Federal Assignment of Claims Act. There are a wide selection of advantages supplied by government contract receivable financing. Longevity is sweet, but typically the best need for working capital comes during early phases of getting established as a mature enterprise in government contracting providers. This client is a major contractor to the Army, Air Force and Navy providing healthcare and skilled providers to VA hospitals. They invoice the federal government once a month and in arears of companies, but pay staff on a weekly foundation making a often occurring and unsustainable money move shortage. Some of these advantages include AR financing, spot factoring, and bridge financing. A contractor may also search out same-day funding or PO financing, and luxuriate in industry-low rates and a quick invoice course of. With the help of a government contract receivables financing company, virtually any government contracting company might bid with confidence on a project. Contact LEONID at present to explore how government invoice factoring can profit your business and propel you toward success as a government contractor. Breakout Capital offers a really flexible invoice factoring resolution that’s nice for new and small businesses alike. Accounts receivable financing has stricter pointers related to the credit profile. With that said, AR financing will usually present companies with most popular financing phrases.

[kentmacias50]

How Invoice Factoring Might Help Government Contractors

This entails figuring out potential opportunities inside your industry and understanding the particular wants of presidency companies. Utilize assets such as the Federal Procurement Data System (FPDS) and agency procurement forecasts to achieve insights into upcoming contract alternatives. Additionally, research historic contract data to establish developments and patterns that can inform your bidding technique. Thanks to their ease of qualification and pace, companies often use them for a fast cash flow boost. Government contract factoring offers money advances to ensure you make payroll on time, stopping staff satisfaction and productivity from dropping. Working as a government contractor comes with its own set of challenges and opportunities. Understanding these might help you navigate the landscape extra successfully. Expertly understanding the Assignment of Claims legislation and Federal Acquisition Regulations, we're proud to offer exceptional factoring companies for government receivables. With dedication, persistence, and a dedication to delivering value, you'll have the ability to obtain your targets and thrive as a government contractor. Building sturdy relationships with government agencies, prime contractors, and business partners can present useful insights, networking opportunities, and potential teaming preparations. Attend industry conferences, networking occasions, and matchmaking periods to attach with key stakeholders and decision-makers. Additionally, companies ought to think about the phrases and fees offered by the factoring company. Therefore government contractors need to know government invoice factoring and how it is an important a part of financing tools obtainable to them. When contractors and subcontractors work with government companies, whether or not it’s local, state, or federal, there are sometimes lengthy gaps between completing tasks and receipt of funds. When you companion with a factoring company with extensive experience funding government contracts like CapitalPlus, your excellent invoices may be became cash flow-helping funds. This will assist you to to satisfy your upcoming payroll, buy materials, and never worry about different unforeseen bills. Soon you will have factors that specialize in government invoice factoring competing for your corporation. Government contracts typically imply lengthy, regular work for the length of the contract. Government jobs might assure payment but they don’t provide any ensures that the cost will arrive whenever you want it. government contract factoring A contract that requires a prolonged wait for cost may mean a contractor can't bid on the project due to a lack of current operating money. Government contract receivables can remove this drawback and ensure you could get paid. Further guiding the project process is the Uniform Commercial Code (UCC), which is a set of standards adopted by most of the United States. While government service contracts supply many benefits, in addition they include their share of challenges. For one, the bidding process could be complex and time-consuming, with no guarantee of success. Additionally, government contracts typically come with strict rules and oversight, which can enhance the fee and complexity of offering the service. Here are the most typical questions on factoring government receivables. But with factoring, lenders base approval on your client’s credit, not yours. You’re nearly assured of fee when your consumer is a government company, making approval a lot simpler. This will stop you from bidding on bigger tasks or accommodating extra purchasers in the lengthy run. At 8A Factoring, we understand the significance of seamless financial solutions within the fast-paced world of government contracts. Unleash the full potential of your small business with our tailored government invoice factoring companies. Our dedication to efficiency, transparency, and personalized support units us aside. Explore a world of monetary agility as we fuel your progress by way of our Simple, Quick, and Easy course of. Invoicing, additionally known as invoice financing, lets you borrow money towards your outstanding invoices. With factoring, you’re promoting your invoices to a factoring company at a discount. A factoring contract outlines the phrases and circumstances of the factoring relationship between a enterprise (the seller) and the factoring company (the factor). These contracts determine how the factoring course of might be executed, the obligations of each celebration, and the charges that need to be paid. A reputable factoring company will present a devoted account manager to work with you one-on-one as required to ensure trouble free funding. A robust online portal supplies 24/7 access to your account providing full transparency with real-time transactional monitoring, historical knowledge plus straightforward to monitor credit limits and balances. Small companies wouldn't have the reserves to outlay funding weekly and monthly with out further financing. Invoice factoring supplies government contract financing and eliminates the stress of paying payments timely. Invoice factoring helps offset the complexities round contract reappropriations and company consolidation. Payroll financing is a versatile answer that removes the cash circulate burden from government contracts.

[choatestage19]

Financing Government Accounts Receivable: What You Need To Know

The SBA 7(a) program is the commonest SBA loan program for government contractors. SBA loans amortize anywhere from 10 years to 25 years, relying on what type of collateral is out there. For instance, the term for government loans using equipment and equipment, inventory, and accounts receivables as collateral is 10 years. Using factoring to win government contracts helps enhance a business’s credit score standing. There is an effective influence on a company’s financial stability and should even enhance its ranking. The inflow of working capital is a lifeline for businesses with cash flow concerns. You can apply for invoice factoring for government contracts through United Capital Source with the following steps. Companies use accounts receivable factoring to transform unpaid invoices into working capital. Government factoring financing is a straightforward course of that entails Bankers Factoring (the factoring company), our consumer with the open government receivables, and the government entity (the account debtor). However, factoring could be a costly form of financing, and tons of monetary advisers don't recommend it as a outcome of they imagine it is too costly. For small companies with limited credit histories or less-than-perfect credit scores, acquiring traditional financing could be difficult. Invoice factoring is a financing resolution that relies on the creditworthiness of the business’s purchasers somewhat than the business itself. This makes it accessible to companies which will face obstacles when looking for loans or traces of credit. Government receivables financing doesn't require collateral past the outstanding invoices owed by government companies. government contract factoring The caveat of factoring, nonetheless, is that the government contracting officer has to agree to the project of fee to a third-party. Once that's done, the factor takes over the accountability of accumulating fee from the federal government on the client’s behalf. Yes, some factoring companies permit selective factoring, the place businesses can choose particular invoices to factor somewhat than factoring all outstanding invoices. The platform enhances oversight through mobile-friendly dashboards, allowing easy accessibility to monetary data on the go. Robust safety measures fortify the protection of sensitive financial knowledge, ensuring a dependable and secure environment for government receivables financing processes, with adherence to industry-standard guidelines. Through factoring, you might get instant funding in your invoices without the need for another mortgage. Companies right now need innovation guided by experience to unlock the potential of their property to give better, quicker entry to the capital they require. You also can read about the benefits of invoice factoring and the way simple it is to improve your working capital situation. Property components are responsible for ensuring that they conduct their business in a fashion that complies with all related legislation in addition to the Act and the Code. In specific this covers duties imposed by laws relating to consumer safety, financial companies, client credit score licences, title circumstances, well being and safety, knowledge protection and equalities. Seasonal businesses could possibly lower overhead prices by using factoring to outsource the collections operate. The price of factoring could be offset by the savings from outsourcing, and the collections experience of the factor might significantly enhance receivables turnover. The borrowing base for ABL services may be as a lot as 90% on industrial accounts receivables and up to 50% on stock and equipment. Government contracts incur both upfront and ongoing bills and require various levels of working capital. The major purpose of the FAR is to supply a constant and uniform set of regulations for all federal government acquisitions. This ensures that every one procurement processes are conducted in a fair and clear method, promoting competitors and integrity within the federal marketplace. As mentioned above, the SBA workplace has to play catch-up when the federal government is operating for all the time that it was shut down. The smartest thing to do if you have an SBA mortgage and the federal government is shut down is to prepare for a interval without funding. Our complete guide into the world of factoring gives you the insight to be a an expert in factoring finance. Most conventional financing choices require important property, such as real property or enterprise gear, to make use of as collateral. Factoring solely uses invoices as collateral, so that you don’t need to surrender business-critical belongings if your corporation begins to battle. AR Factoring fees are based mostly on the factoring settlement, which considers the entire value of the factoring line and different gadgets. We assess the trade and customer profile of the account debtor and different components to find out the extent of danger. We supply aggressive charges beginning at .75% with no hidden charges and tiered pricing for startups. AR Factoring transactions begin when our shopper delivers items and services to its buyer.

[levinehwang26]

Accounts Receivable Financing For Government Contractors

Purchase Order Financing – Purchase order financing is a specialised funding solution that helps businesses fulfill customer orders after they lack the necessary capital. With spot factoring, you additionally won’t have to worry about extra charges beyond the basic discount price. However, this low cost rate will usually be greater than what you’ll pay with high-volume factoring. This implies that factoring companies must have the power to advance funds to contractors inside a brief time frame. Government contractors must be aware of the precise regulations and necessities related to invoice factoring in government contracts. The Prompt Payment Act (PPA) is a federal legislation that requires government businesses to pay their contractors within a specified time frame. Other relevant legal guidelines include the Federal Acquisition Regulation (FAR) and the Defense Federal Acquisition Regulation Supplement (DFARS). Unsurprisingly, they're rarely quick at paying on invoices, but there might be the constructive aspect because of factoring government contract. You or your factoring company will need to notify your purchasers about the change in cost processes. A notice of task will hold your clients knowledgeable and guarantee funds are made appropriately. Working with the federal government can be a nice opportunity for your business, however it comes with its own set of challenges. For example, even in times of financial uncertainty or government shutdowns, companies which have government contracts are at all times paid – nevertheless, this doesn't occur immediately. The difference between the purchase price and the advance minus charges and required reserve quantities is shipped by the monetary establishment to the shopper when the debtor pays. Understanding the differences between buy orders and contracts is necessary. In this text, we explored what they're and the way buy order financing relates to invoice factoring. If your organization offers staffing for government positions, waiting for payments can limit your capability to fill other contracts and meet your day by day operating prices. Factoring your government staffing invoices closes the hole with out creating new debt. Invoice financing for government contractors and suppliers is the working capital solution you’ve been waiting for. Landing a government contract is a wonderful alternative for any business. Even when problems arise and there's a government shutdown, government contracts always pay their companies. However, taking up a government project might quickly drain your working capital whilst you wait 30, forty five, 60+ days for the federal government agency to pay. government contract factoring These and other issues - all related to money circulate and the completion of the contract. To compete for government contracts, you must register your small business with the System for Award Management (SAM). Invoice factoring converts excellent invoices into money sooner than waiting for fee. The inflow of working capital is a lifeline for companies with cash move concerns. You can apply for invoice factoring for government contracts through United Capital Source with the following steps. Companies use accounts receivable factoring to convert unpaid invoices into working capital. government factoring company As a business proprietor, understanding how invoice factoring works may be essential for managing your cash circulate successfully. It involves the selling of your unpaid customer invoices to a third-party invoice factoring companies. By leveraging this type of financing, you can access money in your short-term cash wants without waiting for client funds. A factoring settlement is a novel monetary transaction that allows businesses to enhance their cash circulate. It entails the promoting of a company’s accounts receivable, or invoices, to a 3rd get together, known as a factor. The government wants you to show your fiscal place with out viewing your financial statements. Obtaining the letter helps our client’s businesses acquire belief and prove creditworthiness within the eyes of patrons they hope to become a solid vendor. The letter includes a declaration of holding and awareness, a disclaimer, and credit score service details. Even although it confirms our clients’ factoring facility with us before they enter into a transaction, it does not guarantee payments or repayments. The Federal Acquisition Regulation (FAR) and Government Cost Accounting Standards considerably regulate government contract compliance. Companies can qualify for factoring regardless of their credit standing or even if they are startups. In factoring, eligibility is decided primarily by the creditworthiness and stability of the shopper who might be answerable for paying the invoice. This implies that the energy and credibility of the client carry extra weight than the creditworthiness of the company looking for factoring.

[langhoffgustavsen97]

Government Contract Financing Cease Waiting On Payments

Since the 2007 United States recession one of many fastest-growing sectors within the factoring business is actual property commission advances. Commission advances work the identical way as factoring but are carried out with licensed actual estate brokers on their pending and future real estate commissions. Commission advances had been first launched in Canada but rapidly spread to the United States. The use of factoring to acquire the cash needed to accommodate a firm's immediate money needs will permit the firm to maintain a smaller ongoing cash stability. So if, for instance, you aren't capable of pay the loan according to the terms of the mortgage agreement, the lender will have the proper to claim the payment from your invoices. You can use a small business bank card to make on a daily basis enterprise purchases and typically earn useful rewards. It’s greatest to pay them off every month, however should you can’t, you ought to use them as financing just as you presumably can with a personal credit card. Factoring companies will usually take a glance at your customers’ credit rankings, the variety of invoices that you are planning to sell, and the frequency of the transactions that you just want to enter. Invoice factoring, for instance, allows you to focus on different aspects of your small business as a substitute of dealing with invoice collections by yourself. Small companies usually do not have the manpower to assign credit controls and fee collection tasks to a dedicated workers. Discount is the charge that the factoring company retains in every of the transactions. This amount is subtracted from the total invoice and is essentially your fee to the factoring company. Advance Payment is the first payment that you get upon selling the invoice to the factoring company. Bankers Factoring offers single purchasers factoring when banks, lenders, and different elements walk away. Our employee-owners perceive the significance of closing new offers from natural disasters. By selling Bankers Factoring your accounts receivables, natural disaster contractors bypass ready for 90-days or longer for cost in your outstanding invoices. Many offer phrases of between 30 and ninety days, which implies they may not obtain the money they're owed for as much as three months. Small companies mostly use factoring to finance their accounts receivable. An institution that makes a speciality of factoring purchases the borrower’s accounts receivable. The quality of the receivables measures the discount on the receivables. Below are some of the methods to use a government contractor asset-based mortgage. Multi-year government contracts enable small businesses to precisely project future revenues. With accurate projections and budgets, you as a small enterprise owner have the option of securing government contract financing via a variety of structures. Read your complete contract rigorously to know what you'll and won’t be answerable for if clients don’t pay the invoice or pay the invoice late. Invoice financing improves your cash circulate since you don’t have to wait 30, 45 or 60+ days to collect your receivables. You get the cash quicker so you'll have the ability to pay for supplies, payroll and different working expenses. The bottom line is that the cost of factoring invoices is really quite simple to calculate. invoice factoring for government invoices A factoring company buys the invoice and provides cash upfront, minus fees and, generally, a reserve that is returned once the invoice is paid. Here, accredited funds are primarily based on the worth of a company’s most liquid assets, similar to accounts receivables and inventory. ABL financing can come within the form of a mortgage or a revolving credit facility, generally generally recognized as a revolver. Business loans corresponding to SBA loans, also can help inject capital right into a business. And because the buyer, you get an easy-to-use accounts receivables dashboard to see what is happening at any time. 1st Commercial Credit has intensive experience making money advances on contracts with native, state, and federal government agencies. We perceive the payable procedures and how to work with government purchasers to collect payment. For businesses in this situation, 1st Commercial Credit has several financing options obtainable. One efficient answer is government contract factoring that allows you to get quick money upfront to pay your workers and distributors.

[mccarthycurran44]

Government Contract Financing Defined

A second objection to factoring is that it has the potential to create a bad impression with the SME's customers. This danger exists because the factor, an unrelated third get together within the eyes of the SME's customer, takes over collections, which may create the impression with clients that the SME is having cash issues. More important is the risk to customer relationships if the customer is pissed off by a perceived breakdown in communications with the SME. For example, contemplate how clients may feel when coping with an element over billing disputes. The reputational danger to the SME is tough to quantify but just isn't insignificant. government invoice factoring The Simplified Acquisition Procedures (SAP) are a set of tips established by the Federal Acquisition Regulation (FAR) to streamline the procurement process for items and services. This article delves into the intricacies of SAP, its advantages, and the method it impacts the procurement process. We additionally provide PO Funding for Veteran-Owned Contracting companies that want money to buy finished goods for resale to government entities. The General Services Administration (GSA) is the federal government agency that matches government consumers with contractors. Being accredited to do business with the federal government is known as “getting on the GSA Schedule”. Ignite Factoring is well-versed in guaranteeing that our monetary options adhere to all regulatory requirements, supplying you with peace of mind and confidence in the monetary administration of your government contract initiatives. This section will provide an outline of this process, from the preliminary announcement of the contract to the final award. It can function a testomony to the quality of a company’s services or products, enhancing its standing out there and probably attracting more purchasers. This is debt free course of the place the factored cash may be used nonetheless the contractor chooses. Building strong relationships with government agencies, prime contractors, and business partners can provide priceless insights, networking alternatives, and potential teaming preparations. Attend industry conferences, networking occasions, and matchmaking classes to connect with key stakeholders and decision-makers. Before diving into the world of government contracting, it’s essential to have a clear understanding of what it entails. Government contracts encompass a variety of goods and services, from building initiatives and IT services to healthcare and consulting. These contracts are typically awarded through a aggressive bidding course of, where companies submit proposals in response to solicitation notices issued by government agencies. In fashionable business, effectively managing government contract funds could be quite challenging. For small and medium enterprises, delayed or pending funds from government contracts pose a significant hurdle in today’s economic local weather. Government contract factoring is a pivotal resolution to overcome this obstacle and optimize financial operations. Companies use accounts receivable factoring to convert unpaid invoices into working capital. However, many government factoring companies won’t work with government subcontractors as a end result of a government company isn’t the direct consumer. It’s essential to fastidiously review the phrases of your government contracts and any applicable rules earlier than factoring invoices.

[coxdencker64]

Factoring Company

A factor is a funding supply that makes use of its own capital to buy accounts receivables from its shoppers. Instead, the dealer works as a middleman, connecting companies with lenders for a charge. We are well-versed in working with government contracting companies operating beneath a sub to prime relationship (i.e. Lockheed Martin, Booz Allen Hamilton, and Raytheon). These are thought of commercial accounts and are typically reviewed and thought of beneath completely different tips. We invite you to learn extra about our financial resolution by scheduling a call with our specialists. Paying your employees on time maintains their satisfaction and productivity ranges. Unfortunately, late customer funds typically result in delayed payroll, which causes productiveness drops. Accelerate your cash circulate with our swift approval process, getting you the funds you need promptly and effectively. We can present advances towards Earned however unbilled Accounts Receivable to help new rebadging contracts or contracts that require substantial new onboarding of FTE’s and increased payroll prices. The agreement consists of factoring companies, the discount rate, the advance fee, any extra fees, and minimum volume necessities. Instead, you presumably can avoid prolonged cost cycles and unlock development capital a lot sooner. Government projects can vary in measurement and scope, and Ignite Factoring provides flexibility to satisfy your business needs. Whether you require ongoing working capital or occasional boosts to assist project enlargement, our government contract factoring solutions are tailor-made to ensure your financial stability and success. Businesses that offer credit score phrases to their prospects usually win the best contracts. If you factor your government receivables, you'll never have to fret about where your next source of working capital will come from. We have the expertise that retains us ahead of our opponents, and we work to keep you free from facing a cash-flow squeeze. Pick up your telephone now and call Carter Funding Corporation’s president and study more about Invoice Factoring Government Contracts. Businesses want to remember of these challenges and take steps to mitigate them. This can include in search of authorized advice, implementing robust project administration systems, and sustaining robust monetary management practices. Read concerning the letter of economic capability that we provide our government vendor clients so you can stand out versus your undercapitalized opponents. There aren't any long-term contracts, ticky-tack charges, blanket liens, or other underhanded moves concerned. government factoring companies The biggest think about using another person's money to finance your contract with the federal government has to do with the Assignment of Claims Act that Congress handed in 1986 (31 U.S.C.3727). This act states that a "Contractor, or its assignee could assign its rights to receive cost due as a result of performance" to a financing establishment. This is what we call the task of invoices, known as factoring or accounts receivable financing. Government contracts are heavily regulated (by the FAR, CAS, DFARs) to make sure uniform policies and practices across government companies. Familiarity with government contracts and complying with terms and circumstances is crucial to interface seamlessly together with your government agency. It takes data, familiarity and discipline to adjust to these regulations that in any other case could be hard to decipher and harder to adjust to.

[dostoyevsky-official]

Last August, Lucy Letby, a thirty-three-year-old British nurse, was convicted of killing seven newborn babies and attempting to kill six others. Her murder trial, one of the longest in English history, lasted more than ten months and captivated the United Kingdom. The Guardian, which published more than a hundred stories about the case, called her “one of the most notorious female murderers of the last century.” The collective acceptance of her guilt was absolute. “She has thrown open the door to Hell,” the Daily Mail wrote, “and the stench of evil overwhelms us all.”

The case galvanized the British government. The Health Secretary immediately announced an inquiry to examine how Letby’s hospital had failed to protect babies. After Letby refused to attend her sentencing hearing, the Justice Secretary said that he’d work to change the law so that defendants would be required to go to court to be sentenced. Rishi Sunak, the Prime Minister, said, “It’s cowardly that people who commit such horrendous crimes do not face their victims.”

The public conversation rushed forward without much curiosity about an incongruous aspect of the story: Letby appeared to have been a psychologically healthy and happy person. She had many close friends. Her nursing colleagues spoke highly of her care and dedication. A detective with the Cheshire police, which led the investigation, said, “This is completely unprecedented in that there doesn’t seem to be anything to say” about why Letby would kill babies. “There isn’t really anything we have found in her background that’s anything other than normal.”

The judge in her case, James Goss, acknowledged that Letby appeared to have been a “very conscientious, hard working, knowledgeable, confident and professional nurse.” But he also said that she had embarked on a “calculated and cynical campaign of child murder,” and he sentenced her to life, making her only the fourth woman in U.K. history condemned to die in prison.

[...] The N.H.S. has a totemic status in the British psyche—it’s the “closest thing the English have to a religion,” as one politician has put it. One of the last remnants of the postwar social contract, it inspires loyalty and awe even as it has increasingly broken down, partly as a result of years of underfunding. In 2015, the infant-mortality rate in England and Wales rose for the first time in a century. A survey found that two-thirds of the country’s neonatal units did not have enough medical and nursing staff.

[...] A woman came to the hospital after her water broke. She was sent home and told to wait. More than twenty-four hours later, she noticed that the baby was making fewer movements inside her. “I was concerned for infection because I hadn’t been given any antibiotics,” she said later. She returned to the hospital, but she still wasn’t given antibiotics. She felt “forgotten by the staff, really,” she said. Sixty hours after her water broke, she had a C-section. The baby, a girl who was dusky and limp when she was born, should have been treated with antibiotics immediately, doctors later acknowledged, but nearly four hours passed before she was given the medication. The next night, the baby’s oxygen alarm went off. “Called Staff Nurse Letby to help,” a nurse wrote. The baby continued to deteriorate throughout the night and could not be revived. A pathologist found pneumonia in the baby’s lungs and wrote that the infection was likely present at birth.

[...] A team from the Royal College of Paediatrics and Child Health spent two days interviewing people at the Countess [Letby's hospital]. They found that nursing- and medical-staffing levels were inadequate. They also noted that the increased mortality rate in 2015 was not restricted to the neonatal unit. Stillbirths on the maternity ward were elevated, too. [...] The Royal College could find no obvious factors linking the deaths; the report noted that the circumstances on the unit were “not materially different from those which might be found in many other neonatal units within the UK.”

[...] In September, 2022, a month before Letby’s trial began, the Royal Statistical Society published a report titled “Healthcare Serial Killer or Coincidence?” The report had been prompted in part by concerns about two recent cases, one in Italy and one in the Netherlands, in which nurses had been wrongly convicted of murder largely because of a striking association between their shift patterns and the deaths on their wards. The society sent the report to both the Letby prosecution and the defense team. It detailed the dangers of drawing causal conclusions from improbable clusters of events. In the trial of the Dutch nurse, Lucia de Berk, a criminologist had calculated that there was a one-in-three-hundred-and-forty-two-million chance that the deaths were coincidental. But his methodology was faulty; when statisticians looked at the data, they found that the chances were closer to one in fifty.

[...] “Looking for a responsible human—this is what the police are good at,” Schafer [a law professor at the University of Edinburgh who studies the intersection of law and science] told me. “What is not in the police’s remit is finding a systemic problem in an organization like the National Health Service, after decades of underfunding, where you have overworked people cutting little corners with very vulnerable babies who are already in a risk category. It is much more satisfying to say there was a bad person, there was a criminal, than to deal with the outcome of government policy.”

[...] Several months into the trial, Richard Gill, an emeritus professor of mathematics at Leiden University, in the Netherlands, began writing online about his concerns regarding the case. Gill was one of the authors of the Royal Statistical Society report, and in 2006 he had testified before a committee tasked with determining whether to reopen the case of Lucia de Berk. England has strict contempt-of-court laws that prevent the publication of any material that could prejudice legal proceedings. Gill posted a link to a Web site, created by Sarrita Adams, a scientific consultant in California, that detailed flaws in the prosecution’s medical evidence. In July, a detective with the Cheshire police sent letters to Gill and Adams ordering them to stop writing about the case. “The publication of this material puts you at risk of ‘serious consequences’ (which include a sentence of imprisonment),” the letters said. “If you come within the jurisdiction of the court, you may be liable to arrest.”

Letby is housed in a privately run prison west of London, the largest correctional facility for women in Europe. Letters to prisoners are screened, and I don’t know if several letters that I sent ever reached her. One of her lawyers, Richard Thomas, who has represented her since early in the case, said that he would tell Letby that I had been in touch with him, but he ignored my request to share a message with her, instead reminding me of the contempt-of-court order. He told me, “I cannot give any comment on why you cannot communicate” with Letby. Lawyers in England can be sanctioned for making remarks that would undermine confidence in the judicial system. I sent Myers, Letby’s barrister, several messages in the course of nine months, and he always responded with some version of an apology—“the brevity of this response is not intended to be rude in any way”—before saying that he could not talk to me.

[...] Michael Hall, the defense expert, had expected to testify at the trial—he was prepared to point to flaws in the prosecution’s theory of air embolism and to undetected signs of illness in the babies—but he was never called. He was troubled that the trial largely excluded evidence about the treatment of the babies’ mothers; their medical care is inextricably linked to the health of their babies. In the past ten years, the U.K. has had four highly publicized maternity scandals, in which failures of care and supervision led to a large number of newborn deaths.

[...] Johnson, the prosecutor, pushed her to come up with her own explanation for each baby’s deterioration. Yet she wasn’t qualified to provide them. “In general, I don’t think a lot of the babies were cared for on the unit properly,” she offered. “I’m not a medical professional to know exactly what should and shouldn’t have happened with those babies.��

“Do you agree that if certain combinations of these children were attacked then unless there was more than one person attacking them, you have to be the attacker?” Johnson asked at one point.

“No.”

“You don’t agree?”

“No. I’ve not attacked any children.”

Johnson continued, “But if the jury conclude that a certain combination of children were actually attacked by someone, then the shift pattern gives us the answer as to who the attacker was, doesn’t it?”

“No, I don’t agree.”

“You don’t agree. Why don’t you agree?”

“Because just because I was on shift doesn’t mean that I have done anything.”

[...] After a few days of cross-examination, Letby seemed to shut down; she started frequently giving one-word answers, almost whispering. “I’m finding it quite hard to concentrate,” she said.

Johnson repeatedly accused her of lying. “You are a very calculating woman, aren’t you, Lucy Letby?” he said.

“No,” she replied.

He asked, “The reason you tell lies is to try to get sympathy from people, isn’t it?”

“No.”

“You try to get attention from people, don’t you?”

“No.”

“In killing these children, you got quite a lot of attention, didn’t you?”

“I didn’t kill the children.”

[...] Toward the end of the trial, the court received an e-mail from someone who claimed to have overheard one of the jurors at a café saying that jurors had “already made up their minds about her case from the start.” Goss reviewed the complaint but ultimately allowed the juror to continue serving.

He instructed the twelve members of the jury that they could find Letby guilty even if they weren’t “sure of the precise harmful act” she’d committed. [...] The jury deliberated for thirteen days but could not reach a unanimous decision. In early August, one juror dropped out. A few days later, Goss told the jury that he would accept a 10–1 majority verdict.

[...] The public conversation about the case seemed to treat details about poor care on the unit as if they were irrelevant. In his closing statement, Johnson had accused the defense of “gaslighting” the jury by suggesting that the problem was the hospital, not Letby. Defending himself against the accusation, Myers told the jury, “It’s important I make it plain that in no way is this case about the N.H.S. in general.” He assured the jury, “We all feel strongly about the N.H.S. and we are protective of it.” It seemed easier to accept the idea of a sadistic “angel of death” than to look squarely at the fact that families who had trusted the N.H.S. had been betrayed, their faith misplaced.

Since the verdicts, there has been almost no room for critical reflection. At the end of September, a little more than a month after the trial ended, the prosecution announced that it would retry Letby on one of the attempted-murder charges, and a new round of reporting restrictions was promptly put in place. The contempt-of-court rules are intended to preserve the integrity of the legal proceedings, but they also have the effect of suppressing commentary that questions the state’s decisions. In October, The BMJ, the country’s leading medical journal, published a comment from a retired British doctor cautioning against a “fixed view of certainty that justice has been done.” In light of the new reporting restrictions, the journal removed the comment from its Web site, “for legal reasons.” At least six other editorials and comments, which did not question Letby’s guilt, remain on the site.

it looks like a british nurse was wrongfully convicted based on poor evidence and the tabloid media environment. this new yorker article is embargoed in the uk!

[jstarkd00110]

invoice factoring government contracts

LEONID is a government contract financing company specializing in Loans, Factoring, and SBIR Financing for contractors.

[carionto]

Galaxy Brain

The Humans were up to something again. Not good.

They were installing small transmitter and receiver stations around lots of stars. Very not good.

They said they're building a brain.

What.

"You see, on the star charts, the stars are, like, aligned very similar to how our neural synapses are, so, like, we figured that if we, like, hooked up some super high speed instant relay communication beacons around them, we could send information through them and then, like, sorta see if after cooking around each node, the info would get a little scrambled by the interstellar cosmic radiation when, you know, traveling to the next node, and then, like, when it gets to the next node, it would cook some more and we'd get a new result. You know, biggest supercomputer ever, finally figure out the question of life, the universe and everything. Hitchhiker didn't make it big enough, that's all."

But aren't instant relays, you know, instant.

"Don't worry, we, like, figured out that problem and installed scramblers that are powered by the radiation fluctuations of the host star, so that, like, it would mimic the millions of years of interstellar travel normal transmission would undergo, so the math all checks out."

If the distance of stars is not a factor, why do you need to install them around more than one star in the first place.

"Hey, hey, shh. It's a government contract, meaning they're paying for all travel and stay costs, so I get to travel across the entire galaxy for free and they get their super computer, and, like, probably spying devices in there, I don't care to know, cuz it's, like, a vacation honestly. And keep quiet about, okay, don't ruin this sweet gig for me and I'll, like, hook you up with all the paid Earth channels. You're gonna love the robot arena, trust me."

[fatehbaz]

On April 21, Ali Hussein Julood, a 21-year-old living in the Iraqi town of Rumaila, on the outskirts of one of the world’s largest oil fields, died from leukaemia. He was told by doctors that pollution from gas flared in the nearby field, which is operated by British Petroleum (BP), had likely caused his cancer. “Gas flaring” is a low-cost procedure used by oil companies to burn off the natural gas expelled during drilling. [...] [I]t also contributes to global warming [...]. Some of the pollutants released during this process, such as benzene, are known to cause cancers and respiratory diseases. Ali, who had been battling cancer for six years when he died, was only the latest victim of the environmental degradation caused by international oil companies like BP in Iraq.

In towns and villages near the country’s vast oil fields, thousands of other men, women and children are still living under smoke-filled skies and suffering avoidable health problems because company executives insist on putting profit before lives. [...]

[A] confidential report from the Iraqi health ministry recently obtained by the BBC blamed pollution from gas flaring, among other factors, for a 20 percent rise in cancer in Basra, southern Iraq between 2015 and 2018. A second leaked document, again seen by the BBC, from the local government in Basra showed that cancer cases in the region are three times higher than figures published in the official nationwide cancer registry.

Like many other problems and crises that are devastating the lives of ordinary Iraqis today, the chain of events that led to the poisoning of southern Iraq’s skies by international oil companies also started during colonial times.

---

In the early 20th century, as its navy transitioned from coal to petrol, Britain found itself in increasing need of oil to run its empire and fuel its numerous war efforts. [...] In 1912, Britain formed the Turkish Petroleum Company (TPC) with the purpose of acquiring concessions from the Ottoman Empire to explore for oil in Mesopotamia. Following World War I, it brought modern-day Iraq under its own mandate [...]. By 1930, the TPC was renamed the Iraqi Petroleum Company (IPC) and was put under the control of a consortium made up of BP, Total, Shell and several other American companies. Together, they pushed for a series of “concession agreements” with the newly formed Iraqi government which would give them exclusive control of Iraq’s oil resources on pre-defined terms for long periods. By 1938, the IPC and its various subsidiaries had already secured the right to extract and export virtually all the oil in Iraq for 75 years. These concessions were granted to the IPC and its subsidiaries while Iraq was ruled by British-installed monarchs and under de facto British control. Thus the state had almost no negotiating power against the British-led consortium [...] In 1955, the Iraqi government started to voice its desire to use the gas being flared in Rumaila and Zubair for electricity generation. In 1960, while negotiating a concession with the IPC, then-Iraqi Prime Minister Abd al-Karim Qasim formally asked the company to let Iraq exploit the gas that it was not using. The same demand came up again and again [...], but IPC and its subsidiaries repeatedly turned the Iraqi government down. [...]

Following the 2003 invasion, the Iraqi oil industry was once again privatised as a result of pressure from the US and the International Monetary Fund (IMF). As was the case in the early 20th century, any negotiations on oil extraction rights took place when Iraq was still under foreign occupation [...]. When the process of auctioning off oil fields in southern Iraq began in 2008, the Iraqi government offered foreign oil companies long contracts of up to 25 years, reminiscent of the early concessions agreements with the IPC. These included stabilisation clauses, which insulated foreign companies from legal changes that might emerge over the course of their contracts. This meant that the companies were, and continue to be, unaffected by any environmental regulations passed by the Iraqi government to reduce pollution [...].

---

Looking back at the development of the oil industry in southern Iraq makes apparent that the kind of pollution that killed Ali has been in the making for some 70 years. His death – like the deaths of many others who succumbed to pollution-related cancers in his country – was not an unavoidable tragedy, but the natural consequence of a long history of colonial violence and extractive capitalism.

Predatory colonial practices that began over a century ago caused southern Iraq’s vast oil reserves to be left under the sole control of foreign companies today – companies that over and over again put profit before the lives of the Iraqi inhabitants of the lands they exploit.

Ali’s death is yet more proof that colonial violence is far from over and that it has many different faces.

---

Text by: Taif Alkhudary. “Southern Iraq’s toxic skies are a colonial legacy.” Al Jazeera (English). 12 June 2023. [Some paragraph breaks/contractions added by me.]

[transmutationisms]

(If you're alrght with another poorly articulated question from an obnoxious high schooler) Do you have thoughts on academics and their position in a labor framework? I know some grad students and have never been quite sure where they fit because they don't always work with "capital" in a traditional sense. Professors are odd to me because they are under university contract, but rather than get paid by the university they often get their own funding from the government. Or graduate sudents, who are often unionized, but I know a paleontology student who studies shark fossils who says he doesnt really consider what he does "making surplus value."

ok well that last person is simply confused lol. graduate students exist because the university profits from having us; it is a capitalist institution. most directly we usually work as teaching assistants or research assistants (or else pay tuition) and more indirectly, graduate programs get funding and university support because their existence contributes to a university's rankings, prestige factor, &c, which is to say its (perceived) profitability. plenty of us study things that don't produce much directly lucrative research, but this does not mean the university keeps us around for shits and giggles or some kind of laudatory interest in knowledge for its own sake. it is a capitalist institution and acts in the financial interest of its owners / beneficiaries.

anyway wrt faculty members, they are also employed by the university because it profits from them (or hopes to, anyway). i think many people get confused by tenureship; tenure is indeed fairly cushy as far as employment contracts go, but it is is still an employment contract, and most faculty are not actually tenured anyway. academics are a classic example of the 'professional-managerial class', which is not a marxian term but is a useful one for identifying those 'upper-middle class' members differentiated by their professional qualifications and status; the prestige and perceived utility of academic knowledge production is partially what makes academics an attractive target for a lot of government and NGO funding. state funding of academic research ofc has numerous functions but, and not to put too fine a point on it, a capitalist state also invests money in things because it is hoping for some kind of return on investment, eg in the form of directly profitable inventions, soft power, &c.

there are distinctions here between different academic employment statuses. an adjunct or contingent hire is paid by the university solely to teach, making their labourer status fairly straightforward. with tenured or tenure-track positions, yes there may also be money coming from outside; however, this doesn't negate the fact that the university is trying to profit from its faculty (else it wouldn't hire them). the professional-managerial class has certain characteristics of both proletariat and bourgeoisie, and there is some variation between academics as a very select few do attain the kind of household name status that can turn them into basically a personal brand. again though: the university wants to extract value from the work (both teaching and research) of academics it hires, and so do outside sources of funding for research projects. knowledge production should not be mystified or abstracted in ways that obfuscate the financial interests of involved parties; though it attains a prestige that few other commodities do, this is still a process that is embedded within the overall operating logics of capitalism.

an additional consideration wrt internal academic class politics is that many faculty use graduate students, postdocs, and even undergrads to perform or assist with their research. these arrangements vary in structure (and between disciplines) but in general, this does mean that many academics produce papers, books, &c that depend upon the labour of many people and rarely compensate these people equally to themselves. this can take the form of a more overtly employer-employee relationship between a professor and their underlings (for example, some labs are run this way) or it can be the case that it's another party (a publisher, say) who is reaping most of the surplus value squeezed from grad / undergrad / postdoc labour. in any case it is important to keep in mind that professors can and often do take on employer (ie, small capitalist) roles in relation to other employees of the university, even though the professors themselves are there because the university and other institutions pay them and profit from their labour.

i hope this is a useful start; obviously there is lots else to be said about the economics of the university and knowledge production as a capitalist process. in general when you are trying to think through this my advice would be not to let the presentation of the university as some kind of cerebral place of enlightenment confuse a materialist analysis of the flows of capital. plenty of workers and capitalists deal with commodities that are immaterial in the sense that 'knowledge' is, or are imbued with similar social meaning and value; the university deals with knowledge production but this does not make it any less an employer (ie, a capitalist institution) than any other institution operating in a capitalist context.

[brf-rumortrackinganon]

Personally, I don't think Harry has gone for the spouse visa/green card route yet. Simply because his entitlement, and Meghan's entitlement, about his royal status would not allow them to show Harry as being dependent on Meghan in any way

They would both, much rather prefer to lord it over people, family, governments (both UK and US) that he is royal, the kings son (late queens grandson) and hence very very imp in his own right.

Also, the paperwork and forethought required to submit a greencard application means that both harry and meghan would need to do a lot of work - fill out applications, gather documents, aquire and submit bank data, proof of dates, proof of financials, taxation etc - all of which they are both incapable of doing. Not to mention that their narcissistic discordered tendencies would make them think this is below them.

(I know we can't actually diagnose them, but this is Tumblr, not CNN, and as a psychologist I know that filling out paperwork is the absolutebane of an NPD persons existence. These little quirks of the NPD are not talked about much but they are nearly universally observed.)

Another issue would be hiring an immigration lawyer for the spouse visa. The expenses and the process of actively listening to what the lawyers says is required procedure would put HnM on the backfoot and hate the process.

I have assumed that Harry is either on -

1). A1 Visa - diplomatic/head of state/official representative of a country

Or

2). O1 Visa - specialized skilled worker/Einstein visa given to artists, actors, models, investors in specialized fields, highly skilled academicians, persons contracted by a sponcer for a special skill etc

Now, there is some evidence to support both these. So I'll list those reasons and my conclusions from those below.

Option 1.- A1 visa

Harry moved to US in March 2020, just before pandemic. Most people focus on this, but forget that when the couple moved they both were still, officially, Full Time working royals for the BRF and embarking on the 1 year trial period to see how things pan out for them. This trial period lasted till March 2021, upon the conclusion of which the BRF promptly officially announced there demotions. So, they were working royals when they moved to US, albeit on a leave of absence.

So, what does that mean? That his (and her) diplomatic status was still intact. They did their last royal engagement for the UK in mar 2020, but they hadn't retired. Hadn't resigned. His royal patronages, commonwealth role etc were only taken back in 2021. Both parties had agreed to a separation period till then.

Another factor is that they had already asked Canada to provide him (them) with full time security, ie., treat him like a full fledged royal. But Canada said only till March 2020, and not after that. Trudeau actually released a statement about this.

So this tells me that they (may have). actually asked for full time royal treatment ie., security and diplomatic status for the trial period lasting upto March 2021 and were told no.

(I think that's what Harry means when he says the BRF took away his security, I thiy he means that the BRF pricipals personally prevailed upon Trudeau and made him refuse security)

So Harry's only option was to take his fancy diplomatic status passport, hope on a private jet and fly to LA without telling anyone.

People think this was because the lockdowns were imminent. But I think it was also timed in a way that they were out of Canada before the promised security period expired.

After this, during pandemic, Harry consistently did nonsensical "commonwealth" related zoom calls. Till the president/head/chairperson of the CW youth org (I forgot who exactly but one of main people of the org) publicly distanced themselves in late 2020.

Another thing that was odd was that Trump official said he will not be giving the couple security. Which means that his govt was asked, maybe repeatedly asked and Harry made his case, till the time Trump had to release a statement saying he won't. Makes me think, Harry made his case using his A1 status. Because otherwise, if he was there as a private citizen, this request was absurd and the govt would dismissed this without a second thought. But if they had permitted someone to enter based on their A1 status as representative of a head of state, they had weigh the pros and cons of this request and it could have caused a potential diplomatic incidence. So the president himself had to be face of this decision.

(this is irrespective of anyones thoughts about who the president was, or what kind of person the president may or may not have been. This was an executive decision)

So,

All this leads me to speculate that Harry initially, and until end of 2021 at least, made use of his status as a representative of the head of status, which he already officially had, and was on paper, to enter the US.

The duration of permit of this initial stay could have been 2 or 3 years. So, 2022. Or 2023, when curiosly, Heritage Foundation suddenly took interest in the status of his visa.

Option 2 - O-Visa

This is a bit funny and farfetched, but I think Harry could also have entered on his British passport, which allows a stay upto 6 months (tourist visa). And then applied for O- Visa status a couple of months later.

By June 2020 Harry had forged some sort of investment+partnership with Betterup. This likely involved an initial investment into the company. For enterpreneurs and/investors into a US based company, a minimum investment of 250k or 500k is required to be shown. If he did this, then Betterup could have easily sponcered his application and he could used his very imp, very skilled, very unique position as CHIMPO as a means to get a visa.

A lawyer and the company could have helped him. Plus his high profile status due to his work as a philanthropists, patron of various international organisations etc would definitely be an asset as it is proof and documentation of his years of work.

We may laugh and debate about the "quality" of his work all his life but when it comes to govt paperwork, this is still documented proof. And it's verifiable. So, noone is going to get into the nitty gritty of it, and getting a stamp is easy for him.

Another avenue could have been that he was immediately listed as a high in demand, much sought after international speaker or much renown. He did a couple of onscure, forgettable speaker gigs. But that's all he would need for proof.

He was also listed as the executive producer for oprahs documentary, he was earning his producer certification and the Apple documentary was under production.based on that, he could have applied for an O-visa and it would have been approved.

The duration of stay for O-visa status is 3 years at a time, after which you have to apply again for the visa. It is not eligible for renewal. All paperwork and applications have to be submitted again and will be scrutinized as new.

Let's assume he applied 2/3 months after initial entry, so that's June. His application would have been approved by July end Aug latest. (this is based on my personal experience with the same visa, in this the same time period).

With COVID restrictions, he gets approved but doesn't have to immediately go back to his home country to get it stamped at immigration. I got mine stamped end of 2021 from my country. Till then I stayed in US and worked. So he could have stamped his in April 2021 when he went back for his grandfather's funeral.

If he got his O-visa in 2020, then it would expire in 2023. This is the time heritage foundation started creating a fuss about his visa.

Now, with all of that, an important question we need to ask is- why did the heritage foundation start their crusade in 2023?

This could be because Harry's first visa stay (likely) expired in 2023 and he reapplied for a visa. And was (most likely) approved for the same type of visa again. This process would have gone quite smoothly with Harry's pull. But this second time it is quite clear that he got special treatment. And the heritage foundation wants to expose this special treatment.

Orr more likely, someone in the know tipped them off, and wants this exposed for whatever reason. I DO NOT think the BRf want this exposed, I don't think they care.

I do think someone in the US govt or maybe even a journalist wants to make a big deal out of this. And rightly so.

Anyway, that's my dissertation on Harry's visa. I don't think it matters to anyone outside of Tumblr, but I do feel his entitlement is mind-boggling and he should be held accountable for the person that he is. And if this visa issue is what does it, then so be it.

It is based on my personal experience with these 2 types of visas. And my theoretical and observed knowledge about how entitlement is one of the driving forces for most classical NODs. But the reality for him may be different. And you Rumour, being a fed, would probably know more and know better.

*********

I agree with you. I’ve been reading up about the visa issues (and also spoke to a few other fed friends).

I think Harry is here on an O-1 visa, for extraordinary/outstanding talent. Meghan doesn’t seem invested enough into the marriage to be willing to do the paperwork so if he’s here on a spousal visa, a lawyer would’ve done the paperwork. Additionally, I can see the financial requirements being a major concern for the BRF; the BRF goes to a great length to protect their financial information from other countries and the general public. They’re not going to let the US (no matter how special the relationship) take a peek at their books. So I suspect they squashed the idea of a spousal visa unless it was done *exclusively* on Meghan’s own savings/net worth. Which she balked at doing because it implies she’s financially responsible for Harry and that’s not what she signed up. She signed up to spend Charles’s money. Not her own. So that’s off the table.

Next is the diplomatic visa. Harry doesn’t actually have a diplomatic passport. He has a regular passport. He may have had a second passport for work that he traveled on UK business for, but he never had diplomatic status in the BRF; only The Queen and Charles did.

And that’s something government officials are really strict about, that people travel on official business use official papers. Officials traveling on personal business use personal papers. Or, that’s how it works here in the US. Not sure about the UK.

Now for Harry to have come to the US on a diplomatic passport for a diplomatic visa, he would have had to present his credentials for being here, and those credentials would have explained clearly and succinctly what he was in the US for and what official business he had with us. They would’ve looked into it.

So I don’t think he’s here on a A/diplomatic visa. Or perhaps not anymore, when it was made clear following the one-year Megxit review that he no longer represents the UK or works on behalf of The Queen/BRF.

Which leaves the O visa, for talent. But I don’t think it’s Better Up. I think it’s Invictus Games. Not only would it explain why they still stick with Harry despite all the expenses and criticism they cost the Foundation. And that’s what Harry is known for, outside of the BRF - his military support and support for veterans. It would also explain why Harry continues to try so hard to collaborate with the US military and warfighter community. Because he needs the military to support his visa.

Maybe it’s transferred to Better Up now since he seems to do more work for them.

As to why the government is trying so hard to keep his visa papers buried? I think they know we know Harry isn’t qualified to be here on a diplomatic or an O visa, so the BRF greased the wheels a bit in some way, shape, or form to help him get through the system.

But also if he’s here on a O-1 visa connected to Invictus Games, it could imply government or DOD support; if not DOD directly, then close partners or contractors…aka military lobbyists.

So that’s where I am right now.

And fingers crossed this gets posted in full. 🤞

[levinehwang26]

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[antifainternational]

Yes Virginia, The Nazis Were Fascists - Part Three

(this is part three of a continuation of a discussion we've been having with an Anon who challenged us to define fascism. In our previous response, we provided Anon with a photo of a poster from the United States Holocaust Memorial Museum, a bullet list from Yale professor Jason Stanley, quotes from William Reich, Ludwig von Mises, Harold Nicolson, Franklin D. Roosevelt, Henry A. Wallace, Marcus Garvey, a link to a video breakdown of the subject by Philosophy Tube, and recommendations to read books by historians Mark Bray, Robert O. Paxton, Umberto Eco, and Hannah Arendt - all of whom have published key works on the topic. Anon did not do his homework and instead sent us an immediate reply, informed solely by the two images we included in our response, ignoring everything else we cited. His reply includes some, uhh, pretty incredulous claims. In this post, we crack our knuckles, get someone to hold our beer, and tee off).

ANON: Once again, the nazis wouldn't be considered fascists. They weren't capitalists.

The nazis were absolutely capitalists, Anon, despite what they may have said early on as they rose to power. Historian Robert O. Paxton again:

"Whenever fascist parties acquired power, however, they did nothing to carry out these anticapitalist threats." (Ibid., pg. 10).

"In practice, although fascist regimes did indeed make some breath-taking changes, they left the distribution of property and the economic and social hierarchy largely intact (differing fundamentally from what the word revolution had usually meant since 1789).  The reach of the fascist “revolution” was restricted by two factors. For one thing, even at their most radical, early fascist programs and rhetoric had never attacked wealth and capitalism as directly as a hasty reading might suggest.  As for social hierarchy, fascism’s leadership principle effectively reinforced it, though fascists posed some threat to inherited position by advocating the replacement of the tired bourgeois elite by fascist 'new men.'”  (Ibid., pg. 141) The crony capitalism enacted by the nazis let brute force to the profit motives of their capitalist allies that helped them seize power, by providing capitalists with murderous anti-union violence, valuable assets seized from Jews and other "enemies of the state," lucrative government contracts doled out based on a company's devotion to Hitler, and slave labour. ANON: Corporate power wasn't necessarily protected (whatever that means). Labour power wasn't suppressed. AI: You're plainly wrong on both counts. The nazis developed an economic system called "crony capitalism" where wealthy business owners were given tremendous advantages if they allied with and supported the nazis, including repression of trade unions, rewarding resources looted from competitors, and the use of slave labour. Major German corporations like Krupp and I.G. Farben did exactly that. "Businessmen contributed hugely to the new Nazi authorities and set about accommodating themselves to a regime that would reward many of them richly with armaments contracts, and all of them by breaking the back of organized labor in Germany." (Robert O. Paxton, The Anatomy of Fascism, pg. 100). Another big perk for corporations supporting the nazis was their promise to violently repress labour unions. In 1933, the nazis outlawed independent labour unions and forced workers to join the nazis' own rat union. They also froze workers' wages. Some of the first people sent to nazi concentration camps were union leaders like Ernst Thälmann - thousands of union activists were tortured and executed between 1933 and 1945.