An ex-Prime Minister Margaret Thatcher once boasted that we lived in a property-owning democracy, but that boast seems somewhat laughable today. "Almost a million people have turned to a high cost payday loan to cover their mortgage or rent in the past year, the homelessness charity Shelter has claimed. A further 6 million have used other types of credit, including unauthorised overdrafts, other loans or credit cards, to help pay their housing costs, it said. (Guardian, 4 January) It seems we now live in a pawn ticket owning society. RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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