BURY ACTION GROUP AGAINST THE CUTS - Now the Council has decided on tactics to try to divide and weaken the campaign Myth North rates on the stockmarket.
cost ane even When the going's good, the profits are very, very good. When it's bad - well, Of course, when things turn up again ment, it's the state building programme which gets squeezed out because bigger profits can be made in the private market. Thus in the 1960s, civil engineers switched from building tall flats to tall office blocks after the state nad subsidised neir teenno slarts do forrows CDP also nail the myth that there is some fundamental difference of interest objectve between council tenants and owner occupiers. It's not a question of which of them is getting the greater subsidy, but the fact that the moneylenders are being subsi dised in both cases. Council and owneroccupier interest repayments are both topped up by the state to give the fessionals who moneylenders a return comparable with Profits Against Houses has been dis missed by Mr Timothy Raison chief Opposition spokesman on the EnvironLa slick Marxist tract nousine poncy win no anemor at oo Perhaps he has in mind the sociation official booklet on their financial structure. An interesting section called Avoidance of the word Profit Care shoule be taken to avolo me use of the word "profit" or of terms such as "gross profit" or "net profit" in ine revor or the orrectors nar is me publicly available report]. The word "balance" or the word "surplus" should be useo insteac. Now inars being Finally, the exchange section of the pamphlet shows how the market for owner-occupied houses is controlled by the solicitors, estate agents and other proтаке money OLE of property transactions. They have a vested interest in owner occupation, making But CDP didn't just say this - it actually spread the message. People were reading and digesting their reports. The conclusion to CDP'S Profits Agains Houses is a fitting epitaph to the whole experiment:
•We have tried to get behind the experts junk yard of technical explanations, tried to show how the harsh conditons in the cor areas are not im proved by minor rearrangements of our system. Since the state set up CDPs to collaborate in that very rearrangement, this will be one of our last inter-project reports. It is closing us down. The state says it supports the idea of free discussion, the principle of debate about the areas we work in, yet when the chips are down it can only tolerate minor criticism. It sent us in, this is what we found, so it is shutting us up.' Profits Against Houses Available from Newcastle CDP,85-87 Adelaide Terrace Benwell, Newcastle upon Tyne NE4 8BB and other local CDPs