David Cameron suggests cutting housing benefit for under-25s

[AtW]

Well it certainly won't be if venture capitalists and other private investors aren't allowed

You work for banks and don't know the difference between lending and investing?

[Scoobos]

As long as you are deciding what and what is not too far.

Fair comment Robinho, I didn't mean it that way ,as in I'm the god or anything. But in my opinion we have gone too far - we are losing control of our countries to unelected, unpunishable, global and psychopathic faceless entities we call corporations. I do not believe for one minute that multinationals operating in the UK are doing anything other than diminishing the competition and reducing the opportunity of our citizens. Sure they create jobs, but as they drive to maximise profits (rather than work to an equilibrium that's sustainable) they wont hire anyone in the UK on our wages if they can hire abroad and ICT in , or just externalise operations .

Just my opinion of course.

[Mich the Tester]

You work for banks and don't know the difference between lending and investing?

No, YOU make an artificial division between a company lending a person money to 'invest' in a house (e.g. Chris Hoy) and a venture capitalist using money from his company to lend to an entrepreneur, or invest in shares in that entrepreneur's business. It's an entirely artificial and arbitrary difference that you are making so you can push your ideology of government bossing businesses around and stripping people of the right to keep as much of their hard earned money as the law allows.

Investing IS lending. A company issues shares. I buy some, and in return they commit to pay me dividends and give me a vote in the AGM. Nothing different to a bank taking my deposits and paying me interest, or lending me money in return for interest. A loan to someone IS an investment. An investment is basically a loan, whereby you can agree many different types of payback, including and not limited to interest, dividends, influence, power, nice webby thingummies, etc.

[Robinho]

they wont hire anyone in the UK on our wages if they can hire abroad and ICT in , or just externalise operations

Hiring people abroad for cheaper wages means we get our products cheaper here.

Protectionism always fails.

[doodab]

Hiring people abroad for cheaper wages means we get our products cheaper here and can't afford to buy them

There are two sides to that though.

[Robinho]

]

And which bit of socialism did he practice when building his business? A philanthropist is not a socialist

"And if you look at what Gates actually said, he didn't call for governments to seize control of the means of production. Nor, truth be told, did he actually say anything profoundly new. He just wants to push for "an approach where governments, businesses, and nonprofits work together to stretch the reach of market forces so that more people can make a profit, or gain recognition, doing work that eases the world's"

He is displaying socialist tendencies. If he feel he isn't paying enough tax, charity is avenue (which he is exploring tbf). Voluntary charity should be the only channel for wealth redistribution.

[Robinho]

There are two sides to that though.

Go on...

[doodab]

]A philanthropist is not a socialist

Quite. So why, according to you, is anyone who advocates philanthropy or espouses philanthropic principles a leftie?

[AtW]

Investing IS lending.

No, it's not cretin - you need to learn the difference between bonds (loans) and shares.

[Scoobos]

Hiring people abroad for cheaper wages means we get our products cheaper here.

I don't want to (and categorically DON'T) buy products made in a way which would be illegal in my own country. In the past 10 years this has definately become a MUCH harder thing to do, not better - so competition, globalisation whatever you want to call it has not done anything to ensure "people play fair" it gets unfairer by the year.

I don't want to be involved in exploitation.