Guy who wrote report for government saying bosses should be able to sack workers more easily: His name is Adrian Beecroft. Guess what BBC etc neglect to mention?
He's the chairman of Dawn Capital, the owners of payday loan firm Wonga—which charges interest at 4,214 percent.
A survey this week found that more than six out of ten people who get payday loans need the cash to pay for essentials like food and nappies. Sky-high fees then trap them into a “downward spiral of debt”, it added.
So an individual who gets rich by gouging the most vulnerable members of our society - and donates some of his ill-gotten gains to the Conservative Party - demands that the Conservative government increase the pool of potential victims of his usury.
"Lower than vermin" (Aneurin Bevin)
"The gombeen like a spider sits,
Surfeited; and, for all his wits,
As meagre as the tally-board
On which his usuries are scored."
(Joseph Campell)
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