Thursday, 24 May 2012

Business and borrowing

Watching question time and for the umpteenth time heard some muttering idiot (Caroline Lucas) claim growth was held back because businesses can't borrow money.

Good businesses rarely need to borrow money. A good business makes profits. A good business should raise money, when required, from it's shareholders. We have been through an aberrant period where business has raised money from banks rather than investors.

Many big companies sold their business premises and leased them back. How mad was that? Blowing your capital and increasing your overheads, the economics of the madhouse. They deserve to go broke.

We have done everything possible to run our businesses without debt. We do not have to pay interest to the banks. We don't care what the banks think of us. We are free.

Our only concern is should we be lending to the banks? Are they a safe place for our money? Years ago I saw a statistic, bearing in mind that 93% of statistics are invented, that said 90% of owner operated businesses had no borrowings and had savings in the bank. The only sane way to operate.

Wednesday, 9 May 2012

Racists? Only Us Whites - 2

"This is an absolute scandal. They were petrified of being called racist and so reverted to the default of political correctness," she said.

Girl A told police that she had been raped and provided DNA evidence from her attacker, however the CPS twice decided not to prosecute him.

Her ordeal only ended when her teachers forced social workers to intervene after she fell pregnant and they became concerned by the number of Asian men picking her up from school.

Girl A said that in a six-hour interview she gave police details about her abusers and where the attacks took place. Crucially, too, she handed officers underwear that proved she had been raped by two men in a single attack.

When GMP did finally pass a file on Girls A's rape to the CPS the following year, a Crown lawyer decided not to charge anyone because he said she would not be a sufficiently credible witness to put before a jury. A second CPS lawyer backed that opinion.

As far as I am concerned everyone involved in this case is criminally culpable for the everything that happened since August 2008. The relevant people in Social Services, the Police and the CPS should be charged and tried. None should remain in their current or any other job in the public sector. Pour encourager les autres.

Tuesday, 8 May 2012

Racist? Only us whites.

Rochdale grooming

Nine men have been convicted of being part of a child sexual exploitation ring in Greater Manchester.

The men, from Rochdale and Oldham, "groomed" girls, some as young as 13.
Liverpool Crown Court heard the men plied their victims with drink and drugs so they could "pass them around" and use them for sex.
The case, involving Asian defendants and white victims, sparked protests by far-right groups but police insist the grooming was not "racially motivated".
If it is not racially motivated why don't "Asians" groom "Asian" girls?
And why is Asian a synonym for Pakistani?