reply to post by Lightbringer38
Don't mean to be picky but was it not aired on 28/6/2012 ?
I watched it and agreed with everything Tony said .... but then as others said we on ATS have been saying this stuff for years.
Today I spotted
THIS on
twitter.
France are going to create a public bank. When the likes of RBS failed and the UK government spent hundreds of millions bailing them out I didn't see
the point. The banks have still not done what everybody wants them to do which is stimulate the economy by lending to small business.
So would it not have been much better to have put the same money into a nationalised bank which would have as its main function to help the people of
the country, instead of giving money to a private company who's main purpose is to make profit for its shareholders and big bonuses for its
directors.
RBS to all intents is owned by the UK tax payer and yet we seem unable to make it do what we want. Actually the government's main concern regarding
RBS is not whethr it helps the business of UK but whether it will at some time get its money back. All it wants to see is the RBS share price go up.