Beercroft & Wonga.

[Handyman]

I like most others had heard of the Beercroft report. I also saw part of his leaked report last year in which he branded British Workers as Lazy. As a venture Capitalist (which in my book means Asset Stripper) I doubt if he has ever done a real day's hard work in his life.

Trust me as someone who before the working hours regulations came in regularly used to put in a 70 hour week and on occasion 90 hours + The British worker is not lazy, not if you give him/her a real job with real prospects, motivation and a real wage at the end of the week.

So when I saw on my FB feed that man behind the Tories 'Beecroft Report' that wants to make it easy for companies to sack employees, opt out of forced pension schemes, get rid of unfair dismissal laws and reintroduce child labour is none other than venture capitalist Adrian Beercroft, the man behind WONGA. Yes the loan company who charge societies poorest an desperate 2795% APR.

Adam Beercroft's company, Dawn Capital is a major shareholder in Wonga, Beercroft becomes the Tories guru on employment law and Wonga get into bed with the CAB.

Sorry if anyone thinks I am getting this wrong, but after watching the News about Murdoch and BSkyB this week and the Jeremy Hunts undoubted impartiality when recommending news Corps bid, the news that Beercroft is connected with Wonga has a familiar sickening similarity.

I do wish someone in the media with clout could ask the questions in the right places.

To me asking someone like Wonga to advice on Debt Management is a bit like asking Adolf Hitler to advice on your immigration problem.

Cameron was on the box the other day spouting that if the government needs advice it commissions a report, looks at it and takes on board the parts it agrees with. What I ask happens to the parts the don't agree with.



Regards all, Handy

[jon1965]

Re: Beercroft & Wonga.

What a hoot considering that wanka have been giving a "warning" by the OFT (I think) regarding oppressive collection tactics (i.e we will report you for fraud and you will end up in prison) . And they have the bloody nerve to be appealing.

[CleverClogs (RIP)]

Re: Beercroft & Wonga.

So when I saw on my FB feed that man behind the Tories 'Beecroft Report' that wants to make it easy for companies to sack employees, opt out of forced pension schemes, get rid of unfair dismissal laws and reintroduce child labour is none other than venture capitalist Adrian Beercroft, the man behind WONGA. Yes the loan company who charge societies poorest an desperate 2795% APR.

Adam Beercroft's company, Dawn Capital is a major shareholder in Wonga, Beercroft becomes the Tories guru on employment law and Wonga get into bed with the CAB.

Sorry if anyone thinks I am getting this wrong, but after watching the News about Murdoch and BSkyB this week and the Jeremy Hunts undoubted impartiality when recommending news Corps bid, the news that Beercroft is connected with Wonga has a familiar sickening similarity.

One might wonder if Conservative Central Office has any idea of how venal they appear.

[SaltnVinegar]

Re: Beercroft & Wonga.

What it also demonstrates is the reason why there is no traction in our government to do something about the payday loan 'industry' when someone like this has the ears of our politicians.

So much for the smokescreen that 'lobbying' doesn't exist, or that those in the financial sector have no influence over politics.

Low interest rates not being passed on to consumers, huge bonuses still the norm, contempt for consumers intelligence (of course the banks will continue to hit consumers with high charges, low interest, AND want to charge for current accounts).

I could go on.....!

[CleverClogs (RIP)]

Re: Beercroft & Wonga.

What it also demonstrates is the reason why there is no traction in our government to do something about the payday loan 'industry' when someone like this has the ears of our politicians.

I believe I had already stated something of the sort but, as the concept of venality seems to have eluded folk, let me just state that it is an expression of confidence in the Government:

We have the best government that money can buy, but the usurers have already bought it.

[Handyman]

Re: Beercroft & Wonga.

[QUOTE]

I believe I had already stated something of the sort but, as the concept of venality seems to have eluded folk, let me just state that it is an expression of confidence in the Government:

Hear Hear Clever, well put. I for one have lost any confidence I ever had in over 90% of our current crop of politicians. Those who I have a grudging respect for seem destined to remain on the back benches. One may ask why that is I have always found that in most organisations a truly honest person is a threat.

We have the best government that money can buy, but the usurers have already bought it.

Just like the private educations of most of the members of the front benches. Funny how you never hear of someone who has been to Eton or Harrow leaving without as much a a GCSE. Somehow I don't think they were born any more intelligent than someone who went to Gas Works Road Comprehensive.

As to all the sabre rattling that went on at the start of this Government about how they were going to clean up the Financial Sector. I had to laugh to myself. How can you come down hard on the very people that you need to go cap in hand to for the money to keep the country going.

Besides half the Cabinet went to the same Schools as the Bankers.
After all old Chap shouldn't the Old School Tie count for something

Regards all, Handy

[pompeyfaith]

Re: Beercroft & Wonga.

Did you not know the Conservatives secretly changed there name to The Corruption Party.

[Handyman]

Re: Beercroft & Wonga.

Did you not know the Conservatives secretly changed there name to The Corruption Party.

Hi Pomps, I like Clever's use of the word Venal. If any of the readers of this thread are in any doubt what it means (and I don't mean any disrespect to the folks I know) there is a good interpretation on Wiki.

The current crop are no better than the New/Old lot that they replaced. Why oh Why when a lot of folk reach a level of power and authority do they think it is a licence to line their own pockets.

Like the Major I knew who had a full Royal Engineer Squadron landscape his garden and then build a private Golf Course. The Engineering company Manager who threatened his men with the sack if they did not work weekends FOC on his Farm.

I could go on and on, it's an unpleasant trait of human nature that ultimately make life worse for us plebs.

I pray for the day when if ever common sense and decency comes back into society (if indeed it ever existed in the first place).

Regards, Handy

[CleverClogs (RIP)]

Re: Beercroft & Wonga.

Hi Pomps, I like Clever's use of the word Venal. If any of the readers of this thread are in any doubt what it means (and I don't mean any disrespect to the folks I know) there is a good interpretation on Wiki.

From a slightly different point of view, this is only natural and logical, as it represents a further stage of 'privatisation'. The ultimate stage, of course, would be to invite Camelot and/or the Disney Corporation to submit tenders to run the monarchy.

The current crop are no better than the New/Old lot that they replaced. Why oh Why when a lot of folk reach a level of power and authority do they think it is a licence to line their own pockets.

Like the Major I knew who had a full Royal Engineer Squadron landscape his garden and then build a private Golf Course. The Engineering company Manager who threatened his men with the sack if they did not work weekends FOC on his Farm.

Such parasites are inherently corrupt; I blame their parents, for not having adequately taught their brood what obligations they bear to their fellow men and women.

There are rare instances of an employer losing money - often his own rather than his company's money - to keep workers employed during times of trade depression. For example, there is the curious case of Joseph Williamson - the mad mole of Mason Street (link 1link 2, link 3) - whose labyrinth of tunnels still exist, long after the real reason for their construction had long since been forgotten.

[CleverClogs (RIP)]

Re: Beercroft & Wonga.

In other news - link - Baroness Karzi of the Warsi (or vice-versa) has admitted 'accidental corruption'.

Will she be prosecuted?

Are Cameron's turds solid, 24ct gold?

[Handyman]

Re: Beercroft & Wonga.

In other news - link - Baroness Karzi of the Warsi (or vice-versa) has admitted 'accidental corruption'.

Will she be prosecuted?

Are Cameron's turds solid, 24ct gold?

I have been watching the Warsi story since it broke. £160 a night accommodation expenses. That gets a decent central London Hotel. So you stay with a mate and give them that money. I think HRMC would like to talk to that friend about the high end B&B they were running.

At that rate 5 nights expenses is a tidy sum, when I was working away I recall the rate was @ £18.00 for Bed and Evening meal, we often used to dig into our own pockets to get somewhere a step up from a flop house.

As to Cameron's 24ct Turds, No mate his Sh1t still stinks the same as ours.

Regards, Handy

[jon1965]

Re: Beercroft & Wonga.

I guess I have to ask, would Labour have been any better. I have no love of the Tories and would sooner pull out my own teeth that vote for them

[Handyman]

Re: Beercroft & Wonga.

No mate, Labour was in when the expenses scandal broke. Tony Blair employed some dodgy special advisers. All in all my trust of any party has evaporated over the years. What was is Oscar Wild said about Politics being the last refuge of a Scoundrel.

All I would like to see in British Politics are some folk with common sense.

Not a bunch of self seekers, I am not a fan of unions though they are sometimes the only recourse left to the working man. As we used to sing when a Shop Steward was promoted to Charge Hand, Oh the Working Class can Kiss my Ass, I've got the Foreman's Job at last.

I could tell you stories of one or two that didn't last long at one of the firms where I worked back in the 70's after they accepted the management handshake.

Regards, Handy

[jon1965]

Re: Beercroft & Wonga.

My dad bless him was always in favour of the common sense party. He hated unions with a passion because of the bread strikes in the 70's. Well not the ideal of unions but what they had become. You are right though, politics is no longer about ideals and believing in a cause. It's all about power.