The Scandal of UK’s £15.1 Billion+ Elderly Cash Cows. ‘The hottest investment sector of the decade’.

older-woman-medicines

Some months ago I’d seen a sign go up on a slightly dilapidated Victorian house – Alzheimer Nursing Home

And driven past its silence most days, wondering about the lives inside.

I saw a large dinning table and chairs through its windows but never a person.

Short plump ladies in blue overalls went in and out .

Once a white aproned man stood smoking outside and a black suited lady alighted a 4 by 4..

But no residents.

Then last week a tall older lady sprinting along the road caught my eye.

Without bag, or key .dressed in a spotlessly white cardigan and patterned, belted polyester dress, her neat dyed auburn curls freed in the breeze.

Her face ecstatic.

Appearing to embrace  the air, the sun and trees and the euphoria of freedom.

Rarely had I seen such a look of joy and expectation.

Later it struck me she was most likely a resident.

And the pathos of the futility of her escape and her last moments of freedom hit hard .

She is one of nearly a million increasing every 3 minutes The Alzheimer Society quote and on whom their recycled profits depend.

As do the experts, lawyers, social workers, trainers, nurses, GPs, care agencies, community groups, charities, pharmacies and Health and Social Care Private owners.

As with the disabled, children, education, prisons; the old are our the new growth industry.

The Care Act 2014 diluted ‘capacity’ to ‘difficulty making a decision’, and £ 433 million has been paid to LAs to safeguard and feed this industry.

https://finolamoss.wordpress.com/2014/11/20/carers-act-2014-care-to-ensnare/

https://finolamoss.wordpress.com/2016/05/19/how-will-433-million-carers-act-implementation-money-be-spent/

Anyone can assess a person covertly and remove their decisions and property, making them ‘insentient’ with no rights for life.

The Court of Protection is secret and unchallengeable .

An ‘altzeimer tax’ was unnecessary, as all property is seized by the state via COP, and powers of attorneys and Guardianships voided.

The lady in the white cardigan and her family didn’t stand a chance.

And May’s Queens speech promises consultations and more information for families on the care provided.

But not for all those families deemed ‘abusive’, or if, as it usually is, such information provision may prejudice service provision and not in the ‘cared’ for’s ‘best interests’.

And what is the use of information per se, particularly, from those providing the service?

No spy cameras will be allowed.

No check on services or medication, except by those who commissioned them, and a paper check by a CQC with no teeth.

There appears to have been no improvements to elderly care since it was exposed abusive years ago in Panorama’s ‘Behind Closed Doors’

http://www.bbc.co.uk/programmes/p01y7ygj

So why the push to help our elderly ? Why the concern that  family not be burdened?

In 2014 Anchorage Capital saw their second block care home sale in less than a year – 27 British Care Homes to the Wall St hedge fund responsible for the sale of Hollywood film studio Metro-Goldwyn-Mayer .

The Financial Times reported a ‘global appetite’ form US, Asia – Pacific and Middle Eastern hedge funds for Britain’s then £15.1 billion care home sector.

https://www.ft.com/content/6da9f5bc-f08d-11e3-8f3d-00144feabdc0?mhq5j=e3

In 2015 the Bureau of Investigative Journalism urged Minsters to investigate the buy to let boom in care homes which involved Dementia UK and Lancashire County Council..

https://www.thebureauinvestigates.com/stories/2015-12-11/ministers-urged-to-examine-new-buy-to-let-boom-in-uk-care-homes

https://www.lovemoney.com/news/48163/care-home-investing-ethical-alternative-investments

Yet despite profit motive and conflict of interests, our new government proposes even more money be siphoned off into this sector, to solve its problems, and care home closures, caused not by a shortage of money, but by greed,  lack of accountability, lucrative  buy outs and alignment for maximum profit take overs.

http://www.health.org.uk/publication/spotlight-dementia-care

It is no coincidence that our latest social epidemics- altzeimers, mental disability, adult and child abuse allow court enforcement of services for huge and increasing private profit.

Think about the millions already made in deals which, Graham Rowan, a wealth coach, described as ‘the hottest investment sector of the decade’.

How could such a sector be cash strapped ? Do hedge funds, or indeed anyone, invest in a cash starved sector ?

And think of how this money is made, on the backs of old ladies in cardigans, who should be helped to live at home with their families, not forcefully medicated and hidden in misery from society for profit.

http://www.laingbuisson.co.uk/MediaCentre/PressReleases/SocialCareConference2016.aspx

old lady rainrun-og

17 Comments

  1. I absolutely love your last paragraph and what PM May said in this regard but, the obstacle is “NO COURT NOR ANYONE WILL ALLOW THE DISABLED TO LIVE WITH THEIR FAMILIES”. They {CoP, OS and LA’s} are hellbent on FAMILY TIES BEING SEVERED FOR LIFE. It will certainly mean a change of the Law and the monstrous Judges will dislike this {especially the lucrative aspect.

    Reply

    1. It will need, nearly a 20 year change in policy, Blair brought in the MCA and the Tories continued with Care E Act .

      We need to scrap MCA and COP, and revert to previous High Court powers at best .

      This was the way care had functioned for ever, and still does in Northern Ireland where as yet no MCA, and as far as I am aware the rest of the world.

      No other country removes all a parents rights over their mentally disabled children at 18, nor deems a person insentient in secret and removes all their rights for life including all their property.

      Reply

  2. Shocking. The elderly’s [and not so elderly’s] homes + assets are stolen through closed courts – those on this gravy train supposedly “highly respected” judges, and top government solicitors. Its truly disgusting what’s going on but most people couldn’t care less when trying to tell them.

    Reply

  3. Sometimes I ask myself.. how does these blatant LIARS sleep at night..especially when they know they does everything the opposite and in the vulnerable’s worst interests!! Deep down inside.. they will pay though as it WILL come back to haunt them one day {perhaps when they are on their DEATH BEDS]. That is the ONLY hope I have as NO ONE cares to listen/address these appalling inhumane practices.

    Reply

    1. That’s because the policies have been put in place by the laws of governments of both parties.

      This is systemic, individuals are made irrelevant by it, and in any event, have you read the book The Lucifer Effect ?

      Reply

  4. Reblogged this on | truthaholics and commented:
    “It is no coincidence that our latest social epidemics- altzeimers, mental disability, adult and child abuse allow court enforcement of services for huge and increasing private profit.

    Think about the millions already made in deals which, Graham Rowan, a wealth coach, described as ‘the hottest investment sector of the decade’.

    How could such a sector be cash strapped ? Do hedge funds, or indeed anyone, invest in a cash starved sector ?

    And think of how this money is made, on the backs of old ladies in cardigans, who should be helped to live at home with their families, not forcefully medicated and hidden in misery from society for profit.”

    Reply

    1. Keep exposing this Finola, perhaps one good day it will fall into the laps of Parliament but, no one cares really.. shame on you Britain {I leave the word “Great” out for a reason}

      Reply

    1. Thank you for this.

      Had seen the Trade in People Report, which confirms as you say that LD/ASD are being deliberately widened and used as huge cash cows for life.

      The question is how and why, have successive governments been allowed to pay effectively whatever care/NHS providers demand for so long and allowed them to cause such suffering and damage to our most vulnerable and their families, and no one even mentions it, let alone does anything about it.

      Yet two tory governments have supposedly, got in on the austerity ticket, yet our deficit has doubled.

      Best Wishes Finola

      Reply

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