Question: When is theft not theft?
Answer: When the government is the thief!
David Cameron, desperate to prove that the "Big Society" isn't merely a spin master's coke addled dream, has today launched the Big Society Capital.
This is a bank that will lend money to charities and community groups. It is funded with £400M stolen by the government from dormant bank accounts, and by £200M funded by other banks.
This makes "good" Cameron's promise in 2010 that he would launch such a bank. However, as I noted at the time:
"- The cash being used to fund the "Big Society" is not the "elite's", the raid on dormant accounts is in fact a form of taxation.Just remember folks when the government steals your money it isn't theft, it's redistribution for The Big Society!
- The Big Society Bank will of course be controlled by the politicians, or their chosen appointees.
I wonder if the government will be able to keep their sticky little fingers off the millions that will be hoovered up by the Big Society Bank? "