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Thread: brown has to go just for bailing them out

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    Default brown has to go just for bailing them out

    http://uk.news.yahoo.com/21/20090307...g-6323e80.html

    iv just read just how much the bailout has been to lloyds and the words "" im gutted ""

    what is it then when they make money it goes in there pocket and they have made money for years without losses and now the first year of losses come around they scream "" we need a bailout ""

    but think of this brown is so far in bailing them all out he cant stop

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    This country is totally and utterly doomed.

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    Regular Member Deadman's Avatar
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    There's now a run on the UK.

    We put £75bn in in QE, and £1 trillion has been taken out.

    We're screwed:

    http://www.independent.co.uk/news/bu...y-1639413.html

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    On a Sabbatical VauxVeteran's Avatar
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    What I find most disturbing is that before Lloyds were asked to "buy" the Halifax, a bank with no morale fibre at all imo, Lloyds was a profitable bank, now they've effectively been saddled with bad debt they too are now in the mire, and as the Government seems ultra willing to bail any bank out I'm wondering if this is all just a ploy to get control of the UK banking system, and the thing I really cannot grab is how anyone struck any deal without looking at the spreadsheets first.

    Another thing I find amusing is how Hollywood has sent warning's in films for many a year, as I'm a bit of a pixel buff I watch a lot of TV and film stock, one that springs to mind right now is a Miami Vice feature, Crockett is trying to take down a Columbian cartel and resistance is coming from inside a bank, he and Tubbs are speaking to a bank manager and the bank manager informs them that they the bank loaned "our" South American cousins a lot of money and that they aren't going to pay that back selling straw bags and if they default the banks would be decimated, and that they (the banks) are America, the episode is called The Prodigal Son if anyone wants to view it, and right now it looks like that is exactly what has happened.

    If I'm right it just shows mangreed, you have the DEA trying to shut the drugs out and the banks funding more production of it for profits, I could be wrong and it may not be the case, but who'd bet against it right now.

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    Regular Member Hideous's Avatar
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    Stupid bankers.
    And they want us to pay their £700,000 a year pensions for the ones who got the sack?
    Dream on, pal.
    0.5% interest rates and all, it's really looking bad. Britain may never recover from this, and one things for sure - it's going to get, far, far worse.

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    They'll just use it to give themselves bonus's and then sit on the rest, will we see no improvements to the economy whatsoever.

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    the goverment should have canceled all credit card bills and all the loans it would have been cheaper and the public would have had money to spend.

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    Regular Member Deadman's Avatar
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    I find it amazing that us discussing the most important things in life right now is moved to somewhere that is classified as

    The place for idle chat, spam threads and basically anything with no real relevance.

    Can somebody please turn off the lights on their way out.

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    Quote Originally Posted by Deadman View Post
    I find it amazing that us discussing the most important things in life right now is moved to somewhere that is classified as

    The place for idle chat, spam threads and basically anything with no real relevance.

    Can somebody please turn off the lights on their way out.
    im glade you liked where i posted it then ,,,iv never noticed the header untill now

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    Regular Member moorlander's Avatar
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    Quote Originally Posted by VauxVeteran View Post
    I'm wondering if this is all just a ploy to get control of the UK banking
    well judging by how the fat cats have done so far then imo its not such a bad thing. at least the Gov is trying to do something - the tories would just sit back & do nothing. GB is running out of cards to deal, I am hoping this time next year we will be seeing us coming out of reccession.

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