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PostPosted: Tue Oct 19, 2010 11:57 am 
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35 business leaders, all millionaires no doubt, imploring the government to take money off the poor disabled and elderly. Makes me soooo angry! Well I've copied that list and shan't be buying from them for quite some time. Probably worried about getting taxed on their millions or the government digging about in their tax evasion piles.
It particularly hurts me to see Fullers in there as it is my fave beer by a mile. And Ocado who up until a few months back were part of John Lewis group and would never have been able to serve up such shit but now they have been floated on the Stock exchange ( which I think is poisonous) they have become Billy big bollocks. So i ain't financing these shites. It was Joe Strummer who said the only real vote we have is with our money cos the politicians do what they like when they get in. Damn this makes me angry!

http://www.marketingweek.co.uk/sectors/ ... 32.article

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PostPosted: Tue Oct 19, 2010 12:37 pm 
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Ocado aren't part of John Lewis, they have an agreement with the Partnership to sell Waitrose products and we have part of our pension fund invested in the company, but we don't have much say in what they actually do.

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PostPosted: Tue Oct 19, 2010 12:44 pm 
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Dawoodcock wrote:
Ocado aren't part of John Lewis, they have an agreement with the Partnership to sell Waitrose products and we have part of our pension fund invested in the company, but we don't have much say in what they actually do.


How much say do you have in what John Lewis actually do? :batman:

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PostPosted: Tue Oct 19, 2010 12:52 pm 
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Dawoodcock wrote:
Ocado aren't part of John Lewis, they have an agreement with the Partnership to sell Waitrose products and we have part of our pension fund invested in the company, but we don't have much say in what they actually do.


were they not once members of the partnership? I know they are not anymore

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PostPosted: Tue Oct 19, 2010 1:23 pm 
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Never were members, Waitrose and John Lewis department stores are the Partnership.



Craig, technically all employees of JLP are Partners in the business and supposedly have a say, but as you infer, we don't on major business decisions, just on the trivial day to day things within the buildings we work in.

We do, of course, all get a share in the profits we make which is good.

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PostPosted: Tue Oct 19, 2010 2:07 pm 
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Oh right that's interesting it appears I was mislead. I bought off Ocado rather than Waitrose because I thought they were the same company and nobody at Ocado told me otherwise even when I told them not to go onto the stock exchange and stay in the JL partnership.

Anyway things have gone off at a tangent and I feel I must say again - if you buy off those companies who felt the need to not just encourage the Government to cut money to the poor disabled and pensioners but actively stated that they should cut as hard as possible you are supporting the dissembling of the welfare state. Because when these company Directors send a letter to the Government, the Government does as it's told with a view to future funding and support. This is not the same as you or I asking our MP to do something. Money talks and they want as much of it as possible by the look of it :shock:

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PostPosted: Tue Oct 19, 2010 3:39 pm 
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what I don't understand and most economists also don't understand is how on earth are these proposed cuts going to stimulate growth in the economy.
an estimated one million more unemployed and claiming benefit - slashing defence slashing affordable housing budgets - I don't think we will have any money available for spending in their shops or on their products.
This deficit was caused by the greed of the banks and should be paid for from the profits they generate afterall don't we own most of them. If the 'nationalised' banks paid their profits to the state for the next 5 years we could get the deficit down in a big way.

someone said to me today as they were not a politician they did not understand economics - I said it was obvious most politicians have not got a clue either.

rant over..


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PostPosted: Tue Oct 19, 2010 3:46 pm 
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Right! Thanks for the heads up. I'll be damned if I'm gonna buy from these businesses anymore. But can someone explain to me why they felt the need to lend their support to the cuts? What's in it for them? Are they simply sucking up to the government? I don't get it. :eh?

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PostPosted: Tue Oct 19, 2010 4:04 pm 
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I figured they were concerned that at some point the Government might need more money and start upping the business taxes or blocking all the tax evasion that goes on. So they sent a letter to them basically saying 'screw the poor good and hard' so they don't have to cough up!

Hence the “it would be a mistake to water down” or slow down the deficit reduction programme "

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PostPosted: Tue Oct 19, 2010 5:11 pm 
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The cuts proposed are designed to stop the haemorrhaging of money and help reduce our country's debt. The freeing-up of this cash may also be used elsewhere to stimulate business growth - the Forgemasters issue for example. It's simple: businesses need to prosper to create wealth and jobs for the country; benefits are a drain on the finances.
The Welfare State was created in 1946 to help those who were less fortunate and could not provide or care for themselves, rather than many today who don't want to provide for themselves.
Let's hope the genuinely disadvantaged do not suffer unecessarily in this process. :(

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PostPosted: Tue Oct 19, 2010 5:30 pm 
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I can only think that the needy will suffer. For example I know of a local centre for the elderly that provides activities and events for them to do during the day. It apparently helps reduce suicide rates considerably. Recently they had their funding cut (although I should point out that it was in fact under the last government) and they're now struggling to cope. I can't see the sense in that. Where exactly is money needed more urgently?

If we need more money let's tax the rich more. Okay it's a little bit unfair on them but surely it's more unfair to take away lifelines for the less well off.

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PostPosted: Tue Oct 19, 2010 6:14 pm 
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well I keep hearing people parroting the words 'we can't afford it' but the fact is 'We' have never been able to afford it but 'They' the people sending this letter to the government can afford it but they choose not to. They choose not to help the needy; the disabled and the elderly. This crisis was entirely down to the banks and yet they blackmail us with threats of leaving the country should we try to get our money back.
If there is less money to go around you have a choice you tighten up across the board ensuring those at the bottom don't fall through the net or you screw those at the bottom and keep your champagne lifestyle.
And when it comes to stimulating business growth - well the banks are screwing that by not supporting business loans and when the government go about cutting back on DLA a support allowance which enables disabled people to work then they will wipe out a whole layer of working people - those that are disabled and working. I could go on... I really don't believe this totally about the current economy it is about the Tory ideaology of stripping away all state run supports.

and the stock market is a poisonous cancer on our lives. Started out of greed and now catering for unbridled greed. It is this that makes people have to work themselves into the ground just to keep afloat because it demands constant increase of profit. Not just profit but increase. It has become so ingrained that it has totally destroyed common sense in business. It fosters constant fear and created these circumstances.

So whilst those at the bottom must cut back everything. Where are those at the top cutting back?

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PostPosted: Tue Oct 19, 2010 6:45 pm 
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RP wrote:
I can only think that the needy will suffer. For example I know of a local centre for the elderly that provides activities and events for them to do during the day. It apparently helps reduce suicide rates considerably. Recently they had their funding cut (although I should point out that it was in fact under the last government) and they're now struggling to cope. I can't see the sense in that. Where exactly is money needed more urgently?

If we need more money let's tax the rich more. Okay it's a little bit unfair on them but surely it's more unfair to take away lifelines for the less well off.


My words were very "broad brush" and the difficulty with this situation is where to make cuts and plug the gaps. There is always, it seems unfairness in whatever happens. Everyone should feel some "tightening of their belts" except the infirm and the elderly and that includes the wealthy and bankers.

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PostPosted: Tue Oct 19, 2010 6:58 pm 
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ScottW wrote:
This deficit was caused by the greed of the banks and should be paid for from the profits they generate afterall don't we own most of them...


Downturn was triggered by greed.

Upturn will be triggered by greed.

Freakanomics.


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PostPosted: Tue Oct 19, 2010 7:58 pm 
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...and correspondingly if that greed is tempered the peaks and troughs will be less extreme

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