Home | Community | Message Board


Everything Mushrooms
Please support our sponsors.

General Interest >> Political Discussion

Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Jump to first unread post. Pages: 1
InvisibleSilversoul
Rhizome
Male User Gallery

Registered: 01/01/05
Posts: 23,576
Loc: The Barricades
Welfare Reform: A Modest Proposal
    #3710758 - 02/01/05 12:37 AM (12 years, 5 months ago)

I?ve brought up the Grameen Bank here before, and some others have mentioned it as well. For those who don?t know what it is, the Grameen Bank is a bank that was established in Bangladesh and has spread to other countries which gives loans to the poor. It uses microcredit, a minimal interest rate to make it easier to pay off the loan. Those who get loans from them are put into groups of 5 and must work together to pay off their collective debt. They attend seminars by the bank which help them start their own businesses and make money. This way, they are given similar business opportunities to those of higher economic status.

When this has been brought up in the past, the general response from the liberals here has been that it is a great system, but is not big enough to reach out to all poor people and help them all. So I have come up with a proposition: we reform our welfare system so that it follows the Grameen model. Initially, it will have to be funded by taxes just as our current welfare system is. However, since these are loans and not handouts, the money gets put back into the system by the people taking it out. Eventually, it will hopefully become self-sustaining, at which point it can then be privatized. Even if it doesn?t reach that point, it will still be cheaper than the current welfare system an will actually help people help themselves. Thus, we will not see this phenomenon of lifelong welfare dependency that we have today. Even if we need some other form of welfare for those unable to make use of this system, it could be funded by the profits generated by this system, and thus not require taxation. Any objections?


--------------------


Post Extras: Print Post  Remind Me! Notify Moderator
InvisibleDirtMcgirt
in a pinch
 User Gallery

Registered: 10/20/04
Posts: 2,213
Loc: city of angels
Re: Welfare Reform: A Modest Proposal [Re: Silversoul]
    #3711351 - 02/01/05 02:45 AM (12 years, 5 months ago)

Quote:

Eventually, it will hopefully become self-sustaining, at which point it can then be privatized.




Why would you do that? If the whole point is to improve gov't welfare and then once it becomes successful you privatize it you kind have defeated your purpose haven't you? After privatization the system would cease to exist for the poor and then exist for itself. There is already a large private banking industry and the gov doesn't need to add to it.

But something like this should be implimented in the welfare system but it ain't happening this administration. Hopefully some lib state might set something like this up in there own welfare systems as an example to the rest.


--------------------
"And we, inhabitants of the great coral of the Cosmos, believe the atom (which still we cannot see) to be full matter, whereas, it too, like everything else, is but an embroidery of voids in the Void, and we give the name of being, dense and even eternal, to that dance of inconsistencies, that infinite extension that is identified with absolute Nothingness and that spins from its own non-being the illusion of everything."


Post Extras: Print Post  Remind Me! Notify Moderator
InvisibleSilversoul
Rhizome
Male User Gallery

Registered: 01/01/05
Posts: 23,576
Loc: The Barricades
Re: Welfare Reform: A Modest Proposal [Re: DirtMcgirt]
    #3711360 - 02/01/05 02:48 AM (12 years, 5 months ago)

Quote:

DirtMcgirt said:
Quote:

Eventually, it will hopefully become self-sustaining, at which point it can then be privatized.




Why would you do that? If the whole point is to improve gov't welfare and then once it becomes successful you privatize it you kind have defeated your purpose haven't you? After privatization the system would cease to exist for the poor and then exist for itself. There is already a large private banking industry and the gov doesn't need to add to it.



You're clearly not understanding the concept here. It wouldn't be competing with other banks because it wouldn't be performing the same function. It would be a bank for the lower class. The Grameen Bank, on which this idea is based, is already a private institution. The only problem is it's not big enough. This idea is to help expand it enough that it can reach all the poor.


--------------------


Post Extras: Print Post  Remind Me! Notify Moderator
OfflineTao
Village Genius

Registered: 09/19/03
Posts: 7,935
Loc: San Diego
Last seen: 2 years, 1 month
Re: Welfare Reform: A Modest Proposal [Re: Silversoul]
    #3711776 - 02/01/05 05:28 AM (12 years, 5 months ago)

would it follow the grameen model of only giving money to women?


--------------------
Magash's Grain Tek  + Tub-in-Tub Incubator + Magash's PMP + SBP Tek + Dunking = Practically all a newbie grower needs :thumbup:


Post Extras: Print Post  Remind Me! Notify Moderator
InvisibleSilversoul
Rhizome
Male User Gallery

Registered: 01/01/05
Posts: 23,576
Loc: The Barricades
Re: Welfare Reform: A Modest Proposal [Re: Tao]
    #3712567 - 02/01/05 11:39 AM (12 years, 5 months ago)

Quote:

TaoTeChing said:
would it follow the grameen model of only giving money to women?



No. It would apply the Grameen Model to all poor people.


--------------------


Post Extras: Print Post  Remind Me! Notify Moderator
Invisibleblacksabbathrulz
 User Gallery
Registered: 05/22/02
Posts: 2,511
Re: Welfare Reform: A Modest Proposal [Re: Silversoul]
    #3712796 - 02/01/05 12:16 PM (12 years, 5 months ago)

Quote:

Paradigm said:
I?ve brought up the Grameen Bank here before, and some others have mentioned it as well. For those who don?t know what it is, the Grameen Bank is a bank that was established in Bangladesh and has spread to other countries which gives loans to the poor. It uses microcredit, a minimal interest rate to make it easier to pay off the loan. Those who get loans from them are put into groups of 5 and must work together to pay off their collective debt. They attend seminars by the bank which help them start their own businesses and make money. This way, they are given similar business opportunities to those of higher economic status.

When this has been brought up in the past, the general response from the liberals here has been that it is a great system, but is not big enough to reach out to all poor people and help them all. So I have come up with a proposition: we reform our welfare system so that it follows the Grameen model. Initially, it will have to be funded by taxes just as our current welfare system is. However, since these are loans and not handouts, the money gets put back into the system by the people taking it out. Eventually, it will hopefully become self-sustaining, at which point it can then be privatized. Even if it doesn?t reach that point, it will still be cheaper than the current welfare system an will actually help people help themselves. Thus, we will not see this phenomenon of lifelong welfare dependency that we have today. Even if we need some other form of welfare for those unable to make use of this system, it could be funded by the profits generated by this system, and thus not require taxation. Any objections?




excellent idea.


--------------------
.


Post Extras: Print Post  Remind Me! Notify Moderator
Jump to top. Pages: 1

General Interest >> Political Discussion

Similar ThreadsPosterViewsRepliesLast post
* Welfare to Workfare
( 1 2 3 all )
lysergic 2,424 58 10/21/03 01:07 PM
by Rono
* Welfare in tribal societies
( 1 2 all )
somebodyelse 3,042 36 06/27/03 04:35 PM
by Xlea321
* welfare/poverty
( 1 2 all )
JonnyOnTheSpot 2,058 21 06/13/03 04:21 AM
by Xlea321
* Bush: More Work for Welfare starptv23 463 1 05/20/05 05:24 PM
by luvdemshrooms
* A few "welfare" myths
( 1 2 3 4 5 6 7 8 9 all )
Xlea321 8,286 177 07/30/03 07:19 PM
by luvdemshrooms
* Welfare and why it bugs me
( 1 2 3 all )
Yarry 2,784 48 01/20/04 02:13 PM
by Malachi
* Bush's Push For Tort Reform
( 1 2 all )
MrBump 1,443 21 02/18/05 10:01 PM
by MrBump
* Balance of Power, Propaganda Bullshit, Reform!
( 1 2 all )
nugsarenice 2,366 23 06/25/02 10:05 PM
by pimpadelic

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: Enlil
455 topic views. 3 members, 4 guests and 5 web crawlers are browsing this forum.
[ Toggle Favorite | Print Topic | Stats ]
Search this thread:
Phytoextractum
Please support our sponsors.

Copyright 1997-2017 Mind Media. Some rights reserved.

Generated in 0.033 seconds spending 0.003 seconds on 19 queries.