Fully in agreement with you here, these banks should have crashed and burn if they couldn't survive. The savers would have been protected for about £50k an institution. They caused the problem to begin with, it sickens me that they were bailed out.
" Thatcher's Dead".....It's about Thatcher isn't it? If it isn't please tell me. Our current financial situation is down to new Labours reckless spending policies, nothing to do with Thatcher.
Any organised crime syndicates would be proud of that deceit! And we the tax payer are paying for he funeral costs? Man the British have lost it big time! Gutless spineless, I'm all right Jacks, like lambs to the slaughter, they'll go with their little voting papers come next election day!...................
Perhaps Phil you missed this with tony blair ? There is no point singling out thatcher when Blair has done this, even if it is the dirty mail ! http://www.dailymail.co.uk/news/art...airs-earnings-soar-42--pays-315-000-HMRC.html And talking of taking the piss http://www.guardian.co.uk/politics/2009/dec/16/mps-expenses-what-we-learned?mobile-redirect=false
It's YOU who has been stating that the Government should not support failing industries!!!! Or are you now being selective?
Yes ??? They shouldn't support failing businesses, that's exactly what I said about the banks, perhaps you misread my post ,??
Like I've said before Jager, Tony Blair (Mr Slime ball) is a snake in the grass with a top hat on, perhaps you missed that, though this is the third time I've stated it on here, I hate him almost as much as Thatcher, but he won't be having a Funeral payed for by us, the tax payer!!
I was trying to follow the football at the same time But it shows that the banks are protected for some resaon - can't think why
If the banks went under the contry would descend into a state of anarchy. Why should the government protect savings upto a certain amount anyway. Everybody should/would lose the same same percentage. Banking was not a "failing industry" anyway. It was (and still is) thriveing in many aspects, it was just woefully unprepared for a global crash. That's far away from industries that had been failing year on year for 20 years, costing us £Bn's every year with no hope for the future.
The bankers were corrupt the way they have handled things, how on earth you can say they weren't a failing business god only knows, northern rock were given billions, rbs were given billions, Lloyds were given billions. Any business given billions would be solvent, perhaps the government could have given billions to comet, mfi, jessops, hmv and so on ? These banks should have been allowed to crash
