Repossession, Repossession, Repossession

[Adam Virgo's Shirt]

I am sorry to say this but nearly everyone could work for a company if they felt like

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But you're still missing the point!

The only reasons there are these jobs available is because there are self employed people around who are taking the risks to provide them!

If there were no self employed people how many jobs would exist then?!

 

[Beach Hut]

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But you're still missing the point!

The only reasons there are these jobs available is because there are self employed people around who are taking the risks to provide them!

If there were no self employed people how many jobs would exist then?!

Disagree (again)

The fact is they chose this style therefore why people go self employed and the point is fine, your choice but don't bore me with a rant about not being paid when on leave etc.

 

[1066familyman]

Capitalist beast ?

Here's a little example for you.

I rent in the private sector because there's not enough social housing ( despite a so called labour government).

I'm on a low wage because I choose to work for a not for profit charity whose ethics and work I feel comfortable with and believe in.

As private rents are unaffordable for many, and certainly myself, I have to claim housing benefit. For this claim I'm made to feel like a parasite.

But ask yourself where all the housing benefit ( taxpayers money ) actually goes.

Straight into the pockets of 'buy to let' landlords/ladies, and the banks ( built on slavery by the way. Check out the history of high street banks ) in terms of 'interest' on mortgages.

Effectively the state is paying the mortgages of 'buy to let' landlords/ladies up and down the country.

But does society call them parasites ?, of course not, they're called entrepreneurs !

I know what I call them !

Not a working definition of Capitalism I know, but oh what a f***ing beast !

 

[The Merry Prankster]

Because working for someone else affords you no "protection". The future of your job is not in your hands. Employed people are only seven weeks (on average) from disaster should they loose there job.

 

[Beach Hut]

Because working for someone else affords you no "protection". The future of your job is not in your hands. Employed people are only seven weeks (on average) from disaster should they loose there job.

Accepted I a do not control my future however you have clearly never heard of Unions then ?

If my company were so careless to decide to make me redundant it would be a 6 figure pay off.

 

[The Merry Prankster]

Unions are pretty toothless these days. You wont get a six figure pay off(if indeed that is what you get, a lot of people get a lot less than they think) if they go bust. Nor frankly will six figures do anything other than extend the seven week period. The interest on it will be a pittance. I am an employer (currently about 50 people) and have been for 30 years, I am a good employer and try my bes tot look after my employees. But when push comes to shove, mostly through no fault of our own, people are sacrificed(not literally) for the "greater good". It is the contractual nature of relationships in a capitalist society according to Karl Marx, who was pretty spot on.[/I]

 

[BigGully]

Accepted I a do not control my future however you have clearly never heard of Unions then ?

If my company were so careless to decide to make me redundant it would be a 6 figure pay off.

You have made a great point to why some self employed people feel your on easy street , throw a sicky this week too and I am sure that would be just fine !!

 

[Beach Hut]

You have made a great point to why some self employed people feel your on easy street , throw a sicky this week too and I am sure that would be just fine !!

I might just do that or work from home which is easier

 

[hart's shirt]

I've watched this programme tonight. That bloke with the £1m debt was ridiculous. He bought a £9k racehorse on his credit card, had a £25k overdraft, and a mortgage of £485k yet his income only covered half the repayments! He obviously has self esteem issues, and was using the money to try and buy himself a status of some sort.

Equally the plastic barbie girl with a shopping habit and debts of £41k

I don't think either of them necessarily deserve sympathy. Both of them are fully aware that they are soending money they haven't got.

However, with the self emplyed v employed debate, some people choose to go self employed, others like Glasfryn felt they had no other choice if they wanted to bring an income into the household. If that business subsequently grows, it will end up employing people. However, every business that exists only exists because someone down the line took the choice of starting it. I personally know half a dozen people who owned businesses which employed people, and for various reasons, those businesses later failed. The banks are usually unlikely to lend money unless they have security, which means the Directors having to put up their assets as collateral. Therefore when the business fails, the Directors can find themselves many £000's in debt, and without an income stream to clear it.

I think as an employee, it is very easy to slag off people who do take this risk because all the employees have to do is turn up for work, and they are guaranteed a salary at the end of the month. But my point is, you are only guaranteed that salary because someone higher up the chain is taking these risks. Granted, some company owners do very nicely out of it, but if it fails, the very same people end up losing everything!

I agree that people who blatently fund their lifestyles on credit deserve no sympathy, but I stand by my point that everyone who is lucky enough to enjoy a regular salary payment should have some empathy for the person(s) who is taking the risks that fund that nice comfortable wage guarantee for you!

As someone with their own (admittedly small) company, that's a great attitude to have.

Any employer would be proud to have someone like you working for them.

 

[Adam Virgo's Shirt]

Thank you HS, I really appreciate that.

I'm a Bookkeeper, and in my business, I work with many SME's, and some of them, for whatever reason, feel the strain financially from time to time.

When this happens, I'm involved with helping them to decide who gets paid at the end of the month. Very frequently, it's the Directors themselves who take the hit! They are people with financial commitments of their own, but they come at the end of the chain. Employees have to be paid, their suppliers have to be paid, HMRC has to be paid! These decisions (and the stess that goes with making them) are not necessarily seen by the staff. There is often an uproar if an employee gets paid even a day late!

A little empathy goes a long way, and I just think if people could see further than the end of their nose the economy as a whole would benefit.

 

[Arthritic Toe]

There is no sub-prime problem in the UK. All lending has been entirely responsible. Sub-prime is just a US phenomenon. Those silly American banks lending money to people who can't afford to pay - it would never happen here! Luckily we have the FSA who have prevented any sub-prime lending with their careful monitoring and strong leadership.
Oh and the Albion will win League 1 this season.