UK Student riots

So the student funds have been tripled. Just in time for my reentry. Did anyone know about the protests in London and Edinburgh before the riots? Is rioting the only way we're going to be heard in this country or are there better solutions?

Have any of you heard about the Robinhood Tax or will it take a riot for you all to notice it?

I think it's great for the controlling classes if the only way we hear about protests and the only positive action is based around violence..it conveniently takes away the point of the protest and highlights the vandalism at these events.

http://www.robinhoodtax.org.uk/

 

I'm in two frames of mind about the issue. I am sort of happy to know less people will be going to university, a degree will gain some value, some of the fluffers will be removed from already full classes and a job will be easier to come by eventually.

However, I am looking to do a masters next year, and it will cripple me.

The rioting is pathetic, and violence proves nothing other than perhaps universities across the board are not creating thinkers and doers after all- anyone with a smidgen of intelligence would have realised cuts are not ideally what our government wanted to do, and the deficit is calling for it.

Blame Labour for letting too many people into university, ruining it's reputation and smashing up our economy.

 

i'm amazed... political apathy usually means that the tories can make cuts for years before people realise what they are doing and start rioting

cuts from the most needy to fund vote-winning tax incentives for the rich all over again... nothing ever changes in the land of tory tom :mickey:

 

i'm impartial, but I think everybody needs to get over this silly, antiquated 'tory equals devil' mentality. This is contemporary politics we are talking now.

 

Wouldn't it be more viable to only let people in to Uni who have the required intelligence rather than enough cash though, surely this would denote a more valuable qualification?

The point I'm trying top make about the riots having a positive spin is that they have highlighted to millions of people what is actually happening with the new policies...I agree with you that it doesn't actually solve anything, it simply highlights it...is there another way? I did mention the Robinhood Tax earlier in the hope that you'd see how valuable this idea could be to society, it's a peaceful solution which nobody is taking notice of. When the idiots take the reigns and start the riots to get it noticed it will instantly lose any credibility as it will be marred by violence...it's such a catch 22 situation, shall I just forget it and let the demons run a mock? Am I wasting my time trying to gain some interest? Is there a reason why people aren't taking any notice of it? Seriously...it kills me that everyone is comfortable enough to sit back and let other people 'take charge', it's no wonder 'rioting' is the obvious solution to get things noticed...I urge you all to take a good long hard look at the 'Robinhood Tax'. It's not a corporation backed scheme, it's people trying to get a peaceful solution out there, people like you and me with a good idea. At least give it a look and show your support before the riots destroy any credibility..this is what the politicians want.

 

It's just the Tories really, there's nothing contemporary about it. What happened to the Lib Dems free courses in higher education?

 

no, it's temporary politics...

do you really think the tories have sacked keynesian economics (now that was contemporary politics) to cut back so quickly and ruthlessly without an ulterior motive that will keep them in power after the next general election?

in three years time teh coalition govt (if it survives) will be giving it "thanks to such drastic measures at the start of our term in office, we can now start giving a little back" betcha as much money as you like the students, public sector or anything that is actually dependent on govt money won't be gettin' any of it ..

 

This is exactly why the... 'ROBINHOOD TAX'



...is a good idea. The aim is to tax 0.05 % of all bank to business/business to bank transactions. This is estimated to raise at least £50 billion per annum. That money would be used for the public sector. The only problem is it will take a riot before anyone notices it because nobody gives a shit about peaceful solutions. People would rather blame and argue politics all fucking day, which really doesn't get anyone anywhere does it?

AGAIN.. http://www.robinhoodtax.org.uk/

 

http://www.robinhoodtax.org.uk/how-it-works/everything-you-need-to-know

https://www.youtube.com/watch?v=fI7LtBCzeVQ&feature=grec_index"]YouTube - The Robin Hood Tax: A Short History of Great Ideas

 

I think if they rolled over that easily, did they ever have any plan to actually go through with it? It was a nice idea on paper, but it's opportunity cost was too little.

I think that's politics 101, really. Shame.

No one knows what will happen in the future, you're talking risk now.

As for KE, it's just a long conversation about QE, or 'electronic money'. That's more a technological argument- I think it does have it's drawbacks. People seeing none of this money is a result of our banks hoarding cash to strengthen their balance sheets.

 

Yes I'm using the riots as platform to highlight 'The Robinhood Tax'. Think of it as using the gravitational pull of Saturn to propel the space probes into outer space.

Plus it's a solution to a lot of problems, it's simple..Tax the financial sector to benefit public sector...no rioting is necessary!

 

Ok, I finally watched the video. I think it's a nice idea, but it wouldn't work as well as people think. The banks are trying to clear their own debt, that's why they have been giving so much money. They do this by handing out loans and gathering interest.

That's where both us, and them are supposed to come out smiling. The big issue with this tax, claiming the easing being the reason we should- is that it's suggesting money to people based around a banks electronic debt system. The qualitative overdraft the central bank gave ITSELF, is just a number on a computer. The problem is trying to actually pay out this number in paper money to the people- just hand out however many hundred million pounds for nothing to people.

You don't go into a bank and ask for a one hundred thousand pounds for a house and just walk out with it in your hand. You would get a mortgage and it would be divided out electronically.

Todays economy is so very different, paper money is almost redundant to our big players.

IF it ever worked, I would agree with it.

 

It's as ridiculous as thinking you can take a tax from 45 million individuals weekly. You're making it sound more complicated than it is. It's really very simple. 0.05% of any business transaction goes into the public sector..for hospitals, education, councils and towards sustainable fuels etc. It's not magic money, it's 0.05% being taken from the huge profit margins between banks and business's. To complicate the cause is to dumb people down..it's really not that difficult to grasp or achieve. The only difficult part is convincing people that it's a good solution. Then when and if that is finally achieved we can work on convincing the politicians to action this into our law, which would in turn force the banks to play along. You're right they won't just lie down and give that money away without a fight, however if there is no supporting the idea they won't even need to..it's really down to you to support it..what have you got to lose?

When it works, you will agree. I'll remember how you sat on the fence until it worked! Seriously the idea of walking into a bank and walking out a £100k for free is far off the mark, it's not even close to what is being suggested here.

This is closer...but still not even close..

https://www.youtube.com/watch?v=M18_Yi9hVm4"]YouTube - The Banker 2

 

that one hundred grand thing was of no relevance to the tax, was just illustrating my point.

This is silly. Have a look at the stock market. What massive profit margins? WHY were the banks given the money?? WHY are we having to add even more of a surplus on top of what we already have done?

You think everything is fine in the world of banking. I agree some people get paid too much, but otherwise- the banks are up shits creak right now.

It's a very tentative situation. We narrowly escaped a double dip.

The money the banks were given was to drive our loan and mortgage market, to avoid inflation- if it is to be used properly we will see the benefits of it. Even saying a bank makes a profit is a little silly- a wholesales banks job, for example, is to collect it's 'profit' or interest, and reinvest. They reinvest into business and the Government.

As I have said before however, larger companies and banks are holding it tight. I think so long as they make a profit, buy back their old (bad) debts and let the central bank make back it's own overdraft - it will be ok. Let's clear the economy of debt- before we worry about secondary fuels, housing, etc.

And anyways, the government needs to borrow money from somewhere. It's not all collected from taxes.

 

there isn't a right or wrong answer by the way. I'm indifferent to whatever somebody thinks, including myself!

 

Ok, you've managed to convince me that it's a silly idea. I'll let the banks and government deal with it without question.

The Robinhood Tax isn't asking for even 5%, not even 2% or 1%. Not even 0.5% but 0.05%. You're telling me that the whole economy would collapse without that small tax being deducted from multimillion pound organizations? And you have the audacity to call me silly..that's just plane ignorant. For the good it would do, you seriously believe it's better in the hands of the wealthy...spot the banker!

 

true, no one does no... i'm happy to make the wager tho'

don't really see why a govts decision to horde money or circulate it to build a strong economy is such a long conversation ... or particularly why it's about "electronic money" ... i do see your point about teh banks tho', keynesian economics do need the banks to play along, and has been proven, it would take legislation... mebbe it's not such a leap to see why the tories dumped the idea :mickey:

 

Well you've answered my question anyway. Riots, it seems are a necessary tool to get the message out there. If people aren't willing to take on board the simplest of innovative ideas due to the complexities of the economic system and it's many hidden agendas, I guess the only way to push things forward is to smash shit up to get on the broad sheets.

 

the robin hood tax looks interesting ..... but what do you do when all the banks and businesses that don't fancy a half percent annual tax simply up sticks and go abroad? we already pay vast amount to banks and businesses to come/stay here, as they are our best hope of rebuilding a viable economy... do we simply drop that, tax them and hope they stay around because they like the scenery?

 

Please read everything I've written and come back when you get at least what the cause is asking for correct. Then I'll answer your question.