I agree with you.
The government had little choice, but to do something about the banks, (if they went under WE all loose out) however giving them pretty much a blank cheque with few strings attached was weak.
I can not understand why the government didn’t let the banks almost hit the wall and take any over (buy their shares for example) that couldn’t survive without help (it’s called business and something the banks understand and embrace). Banks are profitable when run well, so they’d be a great investment for the countries future if the government owned them.
You know what it is, Labour was so afraid the Conservatives could play the old Labour want to re-nationalise everything card they were too afraid to do the strong thing.
We should have benefited from the banks failure, not the other way around! Now the government are on the back foot talking about windfall taxes that will barely scratch the surface of the debts the banks failures have saddled us all with!
David
More Comments by David
Liberal Democrats Easy Read Manifesto 2017
Thanks for letting me know I’d added the wrong link to the Lib Dems Easy Read Manifesto: benefit of using the Labour manifesto article as a template, easy to make …
Government responded while there were 14,863 signatures (October 21st 2016).
It is unlikely that hunting has had a significant impact on recent population trends for woodcock, snipe and golden plover; trends …
Introduce a moratorium on the hunting of critically declining wading birds petition
Another petition regarding woodcock, snipe and golden plover : https://petition.parliament.uk/archived/petitions/167410
Woodcock, Snipe and Golden Plover are shot in the UK despite serious, ongoing population declines. A moratorium should be imposed to …
BNP are a Political Party in Decline
If you’ve been following the BNP since just before the 2010 general election you’d know the BNP are in real trouble with infighting, money problems and generally self-destructive behaviour.
Apparently BNP …
Alternative Vote Better than First Past the Post
Although I don’t particularly like the Alternative Vote system (I agree with Nick, a miserable little compromise) it’s at least better than First Past the Post voting system.
The vast majority …
More Comments on BNP Policies : BNP Pensioners Policy by David
BNP Policies : BNP Pensioners Policy
A lot of people see NI and taxes almost as a savings account for their future, well some of that money is spent on us as soon as it’s collected, …
BNP Policies : BNP Pensioners Policy
Unless society changes some how in the future (I don’t know how) we won’t be able to provide better services etc… for retired people who haven’t planned in advance, we’ll …
BNP Policies : BNP Pensioners Policy
That doesn’t exactly discuss the BNP pensions policy.
Have you ever considered how much money the average British person pays in taxes in their life time and then compared it to …