Will a crash or a severe downturn on the stockmarket wipe out some of
the charities who gamble their donations rather than use them for
their charitable purposes?

Millions of pounds of money donated by the public could be lost.



Angus Macmillan
www.roots-of-blood.org.uk
www.killhunting.org
www.con-servation.org.uk

All truth passes through three stages:
First, it is ridiculed;
Second, it is violently opposed; and
Third, it is accepted as self-evident. 
-- Arthur Schopenhauer (1788-1860)

On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
> Will a crash or a severe downturn on the stockmarket wipe out some of
> the charities who gamble their donations rather than use them for
> their charitable purposes?

Which charities are doing such irresponsible things. If they are
gambling instead of investing then name and shame, I say.

> Millions of pounds of money donated by the public could be lost.

Only if the charities sell their holdings. I believe they hold
bluechip stocks for the dividend income they generate, and that should
continue to be robust if the depression is not too severe.

On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
 wrote:

>On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
>> Will a crash or a severe downturn on the stockmarket wipe out some of
>> the charities who gamble their donations rather than use them for
>> their charitable purposes?
>
>Which charities are doing such irresponsible things. If they are
>gambling instead of investing then name and shame, I say.

Investing in the Stock Market is a gamble.

>
>> Millions of pounds of money donated by the public could be lost.
>
>Only if the charities sell their holdings. I believe they hold
>bluechip stocks for the dividend income they generate, and that should
>continue to be robust if the depression is not too severe.

Who says?


Angus Macmillan
www.roots-of-blood.org.uk
www.killhunting.org
www.con-servation.org.uk

All truth passes through three stages:
First, it is ridiculed;
Second, it is violently opposed; and
Third, it is accepted as self-evident. 
-- Arthur Schopenhauer (1788-1860)

On Jul 7, 9:13 pm, amacmil...@aol.com wrote:
> On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
>
>  wrote:
> >On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
> >> Will a crash or a severe downturn on the stockmarket wipe out some of
> >> the charities who gamble their donations rather than use them for
> >> their charitable purposes?
>
> >Which charities are doing such irresponsible things. If they are
> >gambling instead of investing then name and shame, I say.
>
> Investing in the Stock Market is a gamble.

Name an investment that is not a "gamble". I suppose you keep your
stash under the mattress.

> >> Millions of pounds of money donated by the public could be lost.

> >Only if the charities sell their holdings. I believe they hold
> >bluechip stocks for the dividend income they generate, and that
> >should continue to be robust if the depression is not too severe.
>
> Who says?

Can't you receive the sender's name with Usenet posts. Better change
your newsreader ;-)

On Mon, 7 Jul 2008 23:24:54 -0700 (PDT), "John M."
 wrote:

>On Jul 7, 9:13 pm, amacmil...@aol.com wrote:
>> On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
>>
>>  wrote:
>> >On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
>> >> Will a crash or a severe downturn on the stockmarket wipe out some of
>> >> the charities who gamble their donations rather than use them for
>> >> their charitable purposes?
>>
>> >Which charities are doing such irresponsible things. If they are
>> >gambling instead of investing then name and shame, I say.
>>
>> Investing in the Stock Market is a gamble.
>
>Name an investment that is not a "gamble". I suppose you keep your
>stash under the mattress.
>

None. But people give to charity for the "cause" not for gambling. How
many people would donate to a charity if they said "we want to gamble
your donations on the stock market rather than spend it on what you
donated it for?"

Precious few I think!

Equally,  how many people would donate to the Woodland Trust if they
said " we are going to kill the deer in the woodlands you pay for us
to buy" or the RSPB "we kill birds and other wildlife to enhance the
prospects of those we wish to exploit for tourism"?

>> >> Millions of pounds of money donated by the public could be lost.
>
>> >Only if the charities sell their holdings. I believe they hold
>> >bluechip stocks for the dividend income they generate, and that
>> >should continue to be robust if the depression is not too severe.
>>
>> Who says?
>
>Can't you receive the sender's name with Usenet posts. Better change
>your newsreader ;-)
>

Sure I can, but reckon you're about as duff an economist as a
scientist.

Do people call you "Jack"?


Angus Macmillan
www.roots-of-blood.org.uk
www.killhunting.org
www.con-servation.org.uk

All truth passes through three stages:
First, it is ridiculed;
Second, it is violently opposed; and
Third, it is accepted as self-evident. 
-- Arthur Schopenhauer (1788-1860)

On Jul 8, 11:32 am, amacmil...@aol.com wrote:
> On Mon, 7 Jul 2008 23:24:54 -0700 (PDT), "John M."
>  wrote:
> >On Jul 7, 9:13 pm, amacmil...@aol.com wrote:
> >> On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
> >>  wrote:
> >> >On Jul 5, 11:37 pm, amacmil...@aol.com wrote:

> >> >> Will a crash or a severe downturn on the stockmarket wipe out some of
> >> >> the charities who gamble their donations rather than use them for
> >> >> their charitable purposes?
>
> >> >Which charities are doing such irresponsible things. If they are
> >> >gambling instead of investing then name and shame, I say.
>
> >> Investing in the Stock Market is a gamble.
>
> >Name an investment that is not a "gamble". I suppose you keep
> >your stash under the mattress.
>
> None. But people give to charity for the "cause" not for gambling. How
> many people would donate to a charity if they said "we want to gamble
> your donations on the stock market rather than spend it on what you
> donated it for?"
>
> Precious few I think!

Penniless, eh. So you never subscribed to a private pension scheme,
then? How on earth do you manage to live on the measly state handout?
I can see from your posting history that you never go out, so that
saves a few bob, I suppose

> Equally, how many people would donate to the Woodland Trust if
> they said " we are going to kill the deer in the woodlands you pay for
> us to buy" or the RSPB "we kill birds and other wildlife to enhance
> the prospects of those we wish to exploit for tourism"?

Why would they fabricate such nonsense in the first place??

> >> >> Millions of pounds of money donated by the public could be lost.

> >> >Only if the charities sell their holdings. I believe they hold
> >> >bluechip stocks for the dividend income they generate, and that
> >> >should continue to be robust if the depression is not too severe.
>
> >> Who says?
>
> >Can't you receive the sender's name with Usenet posts. Better
> >change your newsreader ;-)
>
> Sure I can, but reckon you're about as duff an economist as a
> scientist.

I prefer opinions about my abilities from my peers rather than from
some sad, old git with a personality problem. And I'm not penniless,
thanks to the Stock Market.

> Do people call you "Jack"?

No.

On Tue, 8 Jul 2008 23:36:57 -0700 (PDT), "John M."
 wrote:

>On Jul 8, 11:32 am, amacmil...@aol.com wrote:
>> On Mon, 7 Jul 2008 23:24:54 -0700 (PDT), "John M."
>>  wrote:
>> >On Jul 7, 9:13 pm, amacmil...@aol.com wrote:
>> >> On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
>> >>  wrote:
>> >> >On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
>
>> >> >> Will a crash or a severe downturn on the stockmarket wipe out some of
>> >> >> the charities who gamble their donations rather than use them for
>> >> >> their charitable purposes?
>>
>> >> >Which charities are doing such irresponsible things. If they are
>> >> >gambling instead of investing then name and shame, I say.
>>
>> >> Investing in the Stock Market is a gamble.
>>
>> >Name an investment that is not a "gamble". I suppose you keep
>> >your stash under the mattress.
>>
>> None. But people give to charity for the "cause" not for gambling. How
>> many people would donate to a charity if they said "we want to gamble
>> your donations on the stock market rather than spend it on what you
>> donated it for?"
>>
>> Precious few I think!
>
>Penniless, eh. So you never subscribed to a private pension scheme,
>then? How on earth do you manage to live on the measly state handout?
>I can see from your posting history that you never go out, so that
>saves a few bob, I suppose

That's a plebs view :-))

>
>> Equally, how many people would donate to the Woodland Trust if
>> they said " we are going to kill the deer in the woodlands you pay for
>> us to buy" or the RSPB "we kill birds and other wildlife to enhance
>> the prospects of those we wish to exploit for tourism"?
>
>Why would they fabricate such nonsense in the first place??

They wouldn't be "fabricating" anything.

>
>> >> >> Millions of pounds of money donated by the public could be lost.
>
>> >> >Only if the charities sell their holdings. I believe they hold
>> >> >bluechip stocks for the dividend income they generate, and that
>> >> >should continue to be robust if the depression is not too severe.
>>
>> >> Who says?
>>
>> >Can't you receive the sender's name with Usenet posts. Better
>> >change your newsreader ;-)
>>
>> Sure I can, but reckon you're about as duff an economist as a
>> scientist.
>
>I prefer opinions about my abilities from my peers rather than from
>some sad, old git with a personality problem. And I'm not penniless,
>thanks to the Stock Market.

So are you saying you're an expert scientist and economist with
confirmation from your peers?   So who are they?  Perhaps they're duff
as well :-))

>
>> Do people call you "Jack"?
>
>No.

Well they should.


Angus Macmillan
www.roots-of-blood.org.uk
www.killhunting.org
www.con-servation.org.uk

All truth passes through three stages:
First, it is ridiculed;
Second, it is violently opposed; and
Third, it is accepted as self-evident. 
-- Arthur Schopenhauer (1788-1860)

On Jul 9, 7:13 pm, amacmil...@aol.com wrote:
> On Tue, 8 Jul 2008 23:36:57 -0700 (PDT), "John M."
>
>
>
>  wrote:
> >On Jul 8, 11:32 am, amacmil...@aol.com wrote:
> >> On Mon, 7 Jul 2008 23:24:54 -0700 (PDT), "John M."
> >>  wrote:
> >> >On Jul 7, 9:13 pm, amacmil...@aol.com wrote:
> >> >> On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
> >> >>  wrote:
> >> >> >On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
>
> >> >> >> Will a crash or a severe downturn on the stockmarket wipe out some of
> >> >> >> the charities who gamble their donations rather than use them for
> >> >> >> their charitable purposes?
>
> >> >> >Which charities are doing such irresponsible things. If they are
> >> >> >gambling instead of investing then name and shame, I say.
>
> >> >> Investing in the Stock Market is a gamble.
>
> >> >Name an investment that is not a "gamble". I suppose you keep
> >> >your stash under the mattress.
>
> >> None. But people give to charity for the "cause" not for gambling. How
> >> many people would donate to a charity if they said "we want to gamble
> >> your donations on the stock market rather than spend it on what you
> >> donated it for?"
>
> >> Precious few I think!
>
> >Penniless, eh. So you never subscribed to a private pension scheme,
> >then? How on earth do you manage to live on the measly state handout?
> >I can see from your posting history that you never go out, so that
> >saves a few bob, I suppose
>
> That's a plebs view :-))

So. Your answer tells me that you do have a private pension. Next
question is - How do you suppose the pension company manages the
payments you make each month?

<snip>

On Wed, 9 Jul 2008 10:32:34 -0700 (PDT), "John M."
 wrote:

>On Jul 9, 7:13 pm, amacmil...@aol.com wrote:
>> On Tue, 8 Jul 2008 23:36:57 -0700 (PDT), "John M."
>>
>>
>>
>>  wrote:
>> >On Jul 8, 11:32 am, amacmil...@aol.com wrote:
>> >> On Mon, 7 Jul 2008 23:24:54 -0700 (PDT), "John M."
>> >>  wrote:
>> >> >On Jul 7, 9:13 pm, amacmil...@aol.com wrote:
>> >> >> On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
>> >> >>  wrote:
>> >> >> >On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
>>
>> >> >> >> Will a crash or a severe downturn on the stockmarket wipe out some of
>> >> >> >> the charities who gamble their donations rather than use them for
>> >> >> >> their charitable purposes?
>>
>> >> >> >Which charities are doing such irresponsible things. If they are
>> >> >> >gambling instead of investing then name and shame, I say.
>>
>> >> >> Investing in the Stock Market is a gamble.
>>
>> >> >Name an investment that is not a "gamble". I suppose you keep
>> >> >your stash under the mattress.
>>
>> >> None. But people give to charity for the "cause" not for gambling. How
>> >> many people would donate to a charity if they said "we want to gamble
>> >> your donations on the stock market rather than spend it on what you
>> >> donated it for?"
>>
>> >> Precious few I think!
>>
>> >Penniless, eh. So you never subscribed to a private pension scheme,
>> >then? How on earth do you manage to live on the measly state handout?
>> >I can see from your posting history that you never go out, so that
>> >saves a few bob, I suppose
>>
>> That's a plebs view :-))
>
>So. Your answer tells me that you do have a private pension. Next
>question is - How do you suppose the pension company manages the
>payments you make each month?
>
><snip>

I don't know how you come to that conclusion.

You're wrong as usual.

Nothing much changes with you, John.

BTW.  Did you ever get elected on to the Mayor's team?


Angus Macmillan
www.roots-of-blood.org.uk
www.killhunting.org
www.con-servation.org.uk

All truth passes through three stages:
First, it is ridiculed;
Second, it is violently opposed; and
Third, it is accepted as self-evident. 
-- Arthur Schopenhauer (1788-1860)

On Jul 10, 1:51 am, amacmil...@aol.com wrote:
> On Wed, 9 Jul 2008 10:32:34 -0700 (PDT), "John M."
>  wrote:
> >On Jul 9, 7:13 pm, amacmil...@aol.com wrote:
> >> On Tue, 8 Jul 2008 23:36:57 -0700 (PDT), "John M."
> >>  wrote:
> >> >On Jul 8, 11:32 am, amacmil...@aol.com wrote:
> >> >> On Mon, 7 Jul 2008 23:24:54 -0700 (PDT), "John M."
> >> >>  wrote:
> >> >> >On Jul 7, 9:13 pm, amacmil...@aol.com wrote:
> >> >> >> On Mon, 7 Jul 2008 07:50:03 -0700 (PDT), "John M."
> >> >> >>  wrote:
> >> >> >> >On Jul 5, 11:37 pm, amacmil...@aol.com wrote:
>
> >> >> >> >> Will a crash or a severe downturn on the stockmarket wipe out some of
> >> >> >> >> the charities who gamble their donations rather than use them for
> >> >> >> >> their charitable purposes?
>
> >> >> >> >Which charities are doing such irresponsible things. If they are
> >> >> >> >gambling instead of investing then name and shame, I say.
>
> >> >> >> Investing in the Stock Market is a gamble.
>
> >> >> >Name an investment that is not a "gamble". I suppose you keep
> >> >> >your stash under the mattress.
>
> >> >> None. But people give to charity for the "cause" not for gambling. How
> >> >> many people would donate to a charity if they said "we want to gamble
> >> >> your donations on the stock market rather than spend it on what you
> >> >> donated it for?"
>
> >> >> Precious few I think!
>
> >> >Penniless, eh. So you never subscribed to a private pension scheme,
> >> >then? How on earth do you manage to live on the measly state handout?
> >> >I can see from your posting history that you never go out, so that
> >> >saves a few bob, I suppose
>
> >> That's a plebs view :-))
>
> >So. Your answer tells me that you do have a private pension. Next
> >question is - How do you suppose the pension company manages
> >the payments you make each month?
>
> ><snip>
>
> I don't know how you come to that conclusion.

You prevaricated. That tells me everything.

> You're wrong as usual.

So did you keep your stash in the bank. Where do you suppose they
"invest", apart from dodgy loans and mortgages.

> Nothing much changes with you, John.

Nothing *ever* changes with you, Angus.

> BTW.  Did you ever get elected on to the Mayor's team?

Long story. But at the end I gave it a miss. I couldn't accept his
interpretation of democracy.