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The Big Society Bank

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Well, I was just drivin' home and all, and on the radio was the relaunch of Cameron's vision of 'The Big Society'. Zzzzzzzzzzzzz.

But today, I learn that central to all this will be the "Big Society Bank'.

The Gov will create a bank to lend money to charities and voluntary workers. None of whom ever previously wanted loans, ever. Period.

I'm not making this up, here is the FT article.

The Story - Link

Is it just me, or is this just . . . cynical beyond belief ???

The funny part is that the cuts are going to hit things like the Citizens Advice Bureau, who spend most of their time counselling those with unpayable loans to banks.

So, to continue, they can only now get into unpayable loans to banks to continue to advise those in debt. :lol:

Tell me it isn't true.

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a co-op is what the big society entails.

co-ops are essentially the point at which capitalism and socialism meet in the middle, or you could say is actually the end goal of both systems.

the workers all get a share of the profits and have a stake in the business, whilst they also have the freedom to decide for themselves how things should be run.

Edited by mfp123

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And it's being funded with stolen money from dormant accounts, in other words it's yet another transfer of wealth from the UK public to suited, overpaid government spivs.

Cameron wouldn't be so keen on the idea if it was his money being used to fund 'social enterprise'.

Edited by Chef

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Another couple of links

http://www.ft.com/cms/s/0/706c910e-3823-11e0-8257-00144feabdc0.html#axzz1DyDmKPLo

http://www.bbc.co.uk/news/uk-politics-12443396

The PM told social entrepreneurs the initiative would get all his "passion" over the five-year Parliament.

'Absolute passion'

He said he kept talking about the Big Society "because it is what I care about" adding that was why it was in his manifesto "rather than just because it makes a great headline on the Ten O'Clock News".

It's no surprise that the Big Society initials are BS. Contagion from NuLabour's days.

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Well, I was just drivin' home and all, and on the radio was the relaunch of Cameron's vision of 'The Big Society'. Zzzzzzzzzzzzz.

But today, I learn that central to all this will be the "Big Society Bank'.

The Gov will create a bank to lend money to charities and voluntary workers. None of whom ever previously wanted loans, ever. Period.

I'm not making this up, here is the FT article.

The Story - Link

Is it just me, or is this just . . . cynical beyond belief ???

The funny part is that the cuts are going to hit things like the Citizens Advice Bureau, who spend most of their time counselling those with unpayable loans to banks.

So, to continue, they can only now get into unpayable loans to banks to continue to advise those in debt. :lol:

Tell me it isn't true.

You need to educate yourself not just believe propaganda.

Charities have always used loans,

http://www.cafonline.org/default.aspx?page=18930

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You need to educate yourself not just believe propaganda.

Charities have always used loans,

http://www.cafonline.org/default.aspx?page=18930

There are charities and 'charities' of course.

Highly paid Oxfam execs are hardly volunteer workers.

Any suggestions as to how the Citizen's Advice Bureau can become a retail chain?

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a co-op is what the big society entails.

co-ops are essentially the point at which capitalism and socialism meet in the middle, or you could say is actually the end goal of both systems.

the workers all get a share of the profits and have a stake in the business, whilst they also have the freedom to decide for themselves how things should be run.

...is John Lewis Big Society...?....

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...is John Lewis Big Society...?....

pretty much. its an example of it in private sector business.

weve had socialism, whereby the government built all the houses, made all the cars, provided all the trains, electricity , gas.

then weve had capitalism, selling it all off, margaret thatcher privatising everything and adopting the greed is good mantra.

now this could be the next era of government, i.e the devolution of the state and a kind of amalgamation of the 2 systems.

if it suceeds it will blur the lines of public and private which could be a good thing.

perhaps britain could take a lead in the world again by trying something a bit different and doing it first.

who knows, maybe it is a more efficient system of the state, which as an early adopter would give britain an advantage and make the country a leader again.

its better than just plodding along in the same manner like we have done for the past several decades, arguing about the same issues, rather than doing anything particularly constructive.

Edited by mfp123

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What is considered a dormant account??

In theory, one which has been inactive for about four years and for which several attempts to contact the investor have failed.

It should be noted that the investor does not lose the money by this process. If he turns up later (even 100 years later) he gets his money back (plus interest)

tim

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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