Soviet Democrats Call For Government Intervention In The Rock

mkpdavies · 17-11-2007, 08:19 PM

BBC NEWS | Business | Lib Dems call for Rock takeover

Quote:

The Liberal Democrats are calling for the government to take over control of ailing bank Northern Rock after its chief executive resigned.
Acting Lib Dem leader Vince Cable said a temporary government takeover was the best way to safeguard the £24bn of public money loaned to the bank.

Why? Why should the taxpayer bail out this failed investment? Can I claim back all the money I lost during the dot com bubble burst then?

Westcountryman · 17-11-2007, 08:25 PM

Why are they talking about nationalising a bank?

mkpdavies · 17-11-2007, 08:40 PM

As if the government would make any better job of it. It's much easier to run a **** business, when you have billions of stolen/taxpayers money to call on.

17-11-2007, 08:25 PM	#2 (permalink)
Westcountryman Uber Member Join Date: Dec 2005 Location: The Westcountry. Posts: 5,827 Party: None	Why are they talking about nationalising a bank? __________________ the cake is a lie. the cake is a lie. the cake is a lie. the cake is a lie.

17-11-2007, 08:40 PM	#3 (permalink)
mkpdavies Uber Member Join Date: Sep 2004 Location: Woking Posts: 30,615	As if the government would make any better job of it. It's much easier to run a **** business, when you have billions of stolen/taxpayers money to call on. __________________ http://brits4ronpaul.blogspot.com/ http://wokinglibertarians.blogspot.com/ http://lpuk.org My ignore list Labour, Blue Labour, Lib Dems

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