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Big Issue in Big Trouble

You heard it here second... | 17.05.2002 14:59

Big Issue, a magazine ostensibly designed to help the homeless, has hit financial trouble.

From todays Times:

"The Big Issue has more than 1 million readers and has given thousands of homeless people the chance to earn money legitimately. but now, after a disastrous launch in America, staff cutbacks and talk of a financial crisis, the magazine faces an uncertain future...
On the streets around Euston station last night, the talk among vendors was anger directed towards john Bird- The Big Issues' founder and and editor- in - chief, who this week confirmed that 6 out of 13 journalists ij cluding the editor are taking redundancy... "Its John Bird that owns it, its him thats getting rid of all the staff. Its all I, I , I with him"

The Times suggests that the failed attempt to 'break' into the USA cost some £250,000, and if so, the question is WHY Mr Bird felt the need to speculate in this way, as if perhaps he was managing a second-rank rock band ? As always, once the profit motive becomes uppermost, the well-being of those the project was set up to benefit will be forgotten. Capitalist methods cannot ultimately succeed.

You heard it here second...

Comments

Display the following 6 comments

  1. yes... — stinkbomb
  2. I feel Quite sad — occasional Buyer of Big issue
  3. Heres a Keynsian Tip to help the Sellers — Occasional Big Issue Buyer
  4. Dickens ? really ? — Occasional Buyer
  5. Non-Issues — Reader's wife
  6. Good riddance — Wellington Buffet