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Uncle Joe
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30-10-2015, 08:43 AM
1

Another 'nasty party' handout to their cronies

http://www.aol.co.uk/news/2015/10/29...ake-in-lloyds/
Julie1962
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30-10-2015, 09:04 AM
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Re: Another 'nasty party' handout to their cronies

Trouble is all parties seem to do it when they get into power.
Uncle Joe
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30-10-2015, 09:29 AM
3

Re: Another 'nasty party' handout to their cronies

Originally Posted by Julie1962 ->
Trouble is all parties seem to do it when they get into power.

That's another big mistake Brown made - he should have 'nationalised' ALL the banks without compensation, so that any profits made after they recovered could be re-invested in the country's infrastructure and the NHS.
dukeofearl
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30-10-2015, 09:59 AM
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Re: Another 'nasty party' handout to their cronies

Struth Joe Boy, you are starting to convert me. The Tories really are showing their true colour now they have a majority.
Julie1962
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30-10-2015, 10:22 AM
5

Re: Another 'nasty party' handout to their cronies

Originally Posted by Uncle Joe ->
That's another big mistake Brown made - he should have 'nationalised' ALL the banks without compensation, so that any profits made after they recovered could be re-invested in the country's infrastructure and the NHS.
I am not sure all banks but I have always thought we should have one or two nationally owned ones. What should have happened was leave them to sink or swim like any other business.
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30-10-2015, 10:34 AM
6

Re: Another 'nasty party' handout to their cronies

You bail the banks out and people moan.
You sell them and get the money back and people moan.
You offer the public a chance to own shares and people moan.

There's just no pleasing some people.

I think I might buy some more Lloyds shares. I've almost doubled my money on the last lot I bought.
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30-10-2015, 10:35 AM
7

Re: Another 'nasty party' handout to their cronies

The Conservatives are only trying to make the best of a bad job which was not of their making. The sooner we get shut of it the better for the taxpayer even if in means a loss. Blame the people who made the mess not the ones trying to clear it up.

There is an old saying in business, first loss is best, meaning when things go belly up get out early. It would have been appropriate in this case.

Poor old Joe doesn't know what he wants one minute he is calling for nationalisation the next complaining when they're sold off.
Julie1962
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30-10-2015, 10:39 AM
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Re: Another 'nasty party' handout to their cronies

Sounds like he has a very definite plan nationalising them would be opposite to selling them off surely.
Uncle Joe
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30-10-2015, 10:42 AM
9

Re: Another 'nasty party' handout to their cronies

Originally Posted by Rainmaker ->
The Conservatives are only trying to make the best of a bad job which was not of their making. The sooner we get shut of it the better for the taxpayer even if in means a loss. Blame the people who made the mess not the ones trying to clear it up.

There is an old saying in business, first loss is best, meaning when things go belly up get out early. It would have been appropriate in this case.

Poor old Joe doesn't know what he wants one minute he is calling for nationalisation the next complaining when they're sold off.


I most assuredly know what I want and that is not for some scumbag tory to buy shares from the bank at knock-down prices and then make a huge 'killing' when they're sold off again some days later. Better that Osborne holds onto those shares until the value of them matches the price 'we' paid for them and then sell them on the open market. Alternatively hold onto them (all) thus 'nationalising the bank in its entirety permanently.
scot37
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30-10-2015, 10:44 AM
10

Re: Another 'nasty party' handout to their cronies

Originally Posted by Uncle Joe ->
That's another big mistake Brown made - he should have 'nationalised' ALL the banks without compensation, so that any profits made after they recovered could be re-invested in the country's infrastructure and the NHS.
You are right Joe. Gordon Brown has admitted his mistakes. Mind you his advisers included the two Ed's. Enough said.

http://www.bbc.co.uk/news/business-13032013
 
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