Monday, March 10, 2008

Another move to keep the sheeple from noticing the truth

Treasury to take the shame out of bankruptcy

Measures to remove the stigma of bankruptcy will be announced in next week's Budget in an attempt to encourage more entrepreneurs to start businesses, The Daily Telegraph can disclose. It will no longer be necessary to advertise in local newspapers that you have gone bankrupt, ministers will say. At a time when the Treasury has been warning of profligate lending and "easy money" the move will be seen by some as encouraging recklessness.

Posted by cornishman @ 03:20 PM (1201 views)
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16 thoughts on “Another move to keep the sheeple from noticing the truth

  • “If a small company goes bankrupt it is advertised in all the local newspapers – there is a big stigma attached. So we are going to remove the requirement to advertise in papers that you have gone bankrupt.”

    How nice of them.

    Or maybe it’s so that no-one notices the sh*t state of the economy?

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  • I’m all for encouraging entrepreneurial enterprise. How come it takes a Government who have been in for 10 years to finally realise that selling drugs & sex, is great for a particular market. Not necessarily for the betterment of society. Again, the idea is good, they need the british talent that has sadly lacked any financial support from any smarmy-friendly business manager at the bank. Ready to pass on any idea to a friend of a friend, and exploit the entrepreneur. So, once again, a thumbs up, a bit late, but it’s a start. But the experience & knowledge learned on this subject, doesn’t help me feel that more bureaucrats (lazy t**ts) will waste the money, that if this another load of the usual b*ll*cks spin.

    Entrepreneurial flair in the UK upto now, has been cosmetic. Example, guys who started some fruit drink thing couple of years back, had there backs against the wall, hard-up, in the run down council area that we all know as Notting Hill.

    Want to be positive about this article, I keep thinking “Peter crying Wolf”. But like the lottery, maybe, just maybe.

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  • housing carbuncle says:

    “in an attempt to encourage more entrepreneurs to start businesses,”

    Strange – the government have increased the rate of coropration tax for small businesses/even abolishing the Nil rate starting band that they themselves introduced. As usual just a load of old cobblers from the same old high taxes and spend party.

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  • It will do nothing to take the stigma away. It will actually encourage people to try and hide the fact from people who would normally find out.
    Because people will try and hide it it is actually further stigmatised.
    It is all about hiding facts from the public.

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  • Expecting a lot of Bankrupts then, are we ??? What do they call it? ——- Pre-emptive measure ?——– This has to be one of the Sneakiest of moves. Where did they learn their politics ??? Unbelievable.

    Next :—- BLOGGERS !!!!

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  • Landedgentry says:

    The integrity and reputation of this country is well and truly destroyed.

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  • sold 2 rent 1 says:

    cornishman,

    Spot on.
    Exactly the same as the US when they stopped producing M3 stats in 2006, before it exploded from 8pc to 18pc.

    As we approach the “information war”, due to start very soon, newspapers will increase their hidden agendas ten-fold.

    There are 3 types of people
    1. Those that don’t have a clue about the power elite controlling the world
    2. Those that have an idea about a few items, such as illigegal oil wars, but appease because life is good at the moment so why bother.
    3. Those that know the full extend of what the NWO have done (including 911 and 7/7) and know that the situation is about to get dire if nothing is done.

    The question is: what type are you?

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  • The question is: what type are you?

    – I’m just a grumpy old git.

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  • tyrellcorporation says:

    Cornish……LOL! 🙂

    Been blown away yet? While the Londoners are stuck in their Cayennes on the M5, you ought to raid their second homes and blame it on a freak twister!

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  • Hi tyrell,

    We’ve not blown away yet – but nearly washed away. The tidal surge this morning was amazing.

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  • it_is_going_with_a_bang says:

    “Treasury to take the shame out of bankruptcy”

    What a load of rubbish.
    You have to ask yourself WHY is this an initiative now?
    Who gives two hoots about a paper advert. Hardly anyone reads them anyway.
    It’s what happens to your name on a computer system and your credit and ability to become a director that counts.

    Just who reads the small print crap anyway.
    What a load of hot air.

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  • “Treasury to take the shame out of bankruptcy” – perhaps it is because the Gov are bankrupting the country !

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  • Mikelivingston says:

    Bad news for local newspapers then.

    I suspect they were rubbing their hands with glee at the thought of all the insolvencies about to happen. Now the government looks like killing this potential future source of income.

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  • Let the free market kick the government’s ar5e & colaborators too, as the free market will do!!!! C’est le Vie!!!

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  • Well,

    I think they should actively encourage the behaviour that leads to it… They did with Northern Crock…

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  • stillthinking says:

    Nobody cares about bankruptcy. People would probably brag about it anyway to show what a pseudo entrepreneur they are. Misses the point that all the bankruptcies are going to be coming from property and none from business ventures.

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