Good Old Fergus!

Graham_Devon

Todays C4 report
http://www.channel4.com/news/rents-landlords-housing-tenants-assured-shorthold-tenancies

editor1

mayonnaise wrote: »

The media fascination with the Wilsons is another example of the politics of envy, so popular in this country nowadays, and is willingly cheered on by the less successful members of our society as is evident from this thread.

They run a business and run it legally. The decision to refuse people on HB is plain risk management, which is a vital part of any business. Get over it.

Funny old world, I actually publish an international journal on "Risk".

What risk are you actually discussing, apart from your support of the Wilson's business model, which involves no risk whatsoever in a period of exponential house price inflation and zero interest rate policy!

Please elaborate further - but its rather impossible to have "risk" related to property, when said value of property is underwritten by the state - or am I missing something about QE - me and a few thousand other economists shall I say.

Loughton_Monkey

editor1 wrote: »

.....I believe this should give a reasonable overview of what "extractive" or "rentier" society is..

... are you related to ruggedtoast by any chance?

editor1

MFW_ASAP wrote: »

No, I wasn't confused either. It was plain as a pikestaff what Devon meant, but you'll find that it's sometimes easier to let a few things slide with him or we end up with pages of him crying about how beastly everyone is.



Fair play, at least you're sticking to your guns. Devon seems to have expressed the same sentiments as you, but then was pulled up on these sentiments and backtracked, claiming he was 'misquoted' and that 'everyone is picking on him'. Pathetic really, but just what we've come to expect from him.

Based on my knowledge of economics, economic history, politics and indeed, history itself, an extractive economic model can only result in one thing; namely, pauperism and slavery.

Loughton_Monkey

Graham_Devon wrote: »

Todays C4 report
http://www.channel4.com/news/rents-landlords-housing-tenants-assured-shorthold-tenancies

A very interesting report.

It demonstrates the "spin" going around from two directions. The report seems to be intended to tell us that this single mother has been evicted. She hasn't.

This is confirmed by (a) the reference only to a verbal discussion on the phone when she e-mailed about a faulty radiator which resulted in a phone call from Fergus asking if she was on benefits, and then said "I want you out by January". And (b) the reference to the fact that the local council can do nothing because she has not (yet) been "legally evicted".

This lady has paid her rent on time, and apparently "kept her head down", which the lovely Judith claimed (also on Channel 4) would not result in any trouble.

So this is not really a "story" until she gets whatever official documentation is required to evict her. With notice. She hasn't received anything. So she is not evicted. End of story. Fergus is so far holding back.

Fergus's rhetoric (but not apparently action) is probably just that. He hasn't served notice, it seems. It implies to me he is running the idea up the flagpole and hoping something might happen to guarantee him his rent.

I just love the comment though in the interview with the sartorial Fergus. He had explained that just less than 50% actually pay their rent on time:

Interviewer: "So what does this make her?"
Fergus: "Well it makes her homeless. Entitled to be housed by the council. Probably in Bed & Breakfast..."

What we have here is a TV station drooling for a story, and carefully 'positioning' the story so that many unintelligent viewers would belive he has evicted her. Then we have the nasty Fergus very bullish on his words, but apparently a pu$$y cat on action.

Young Gemma, meanwhile, is just the pawn in the middle who is waiting for the other shoe to drop.

If she does get a formal eviction notice, stand by for a fly-on-the-wall blow by blow documentary on the eviction itself, followed by the moving in to a flea-pit bed & breakfast, together with the tears live as they happen - all courtesy of Channel 4 who know how to make money out of misery every bit as well as Fergus!

Graham_Devon

Pedant of the year award!!

Loughton_Monkey

Graham_Devon wrote: »

Pedant of the year award!!

Who?

Me?

Do I get a trophy?

I will start writing my acceptance speech.

mayonnaise

Graham_Devon wrote: »

He's told her to get the radiator fixed herself, too.

But he's running a business, so it's OK.

Well yes Graham, it is OK.
If it wasn't, Mr. Wilson should be arrested.
But I'm sure out of the kindness of your heart, you would happily rent out your property to tenants who have a 50% chance of being in arrears.

Altruist of the year award!

editor1

CLAPTON wrote: »

interesting why a business supporting international IT & finance companies is run as not for profit.
Is that so you can subsidise these worthy companies or are the profits from your not for profit companies put to better use?

Usually put to better use - namely, highlighting the crassness that is neoliberalism and neoclassical economics - see "heterodox" on Google and come back!!!!

CLAPTON

editor1 wrote: »

Usually put to better use - namely, highlighting the crassness that is neoliberalism and neoclassical economics - see "heterodox" on Google and come back!!!!

simple question
but the answer makes no sense
why would that be?