oh dear : UK government to nationalise banking sector

[sappatz]

Large banks like barclays, RBS, Lloyds will receive 400 bln £ (almost same as Paulson plan in US!) in various forms from uk Government

[aceboy]

But are they taking it? RBS has not taken any money yet..

[HairyArsedBloke]

Alex cartoon has an interesting perspective.

[realityhack]

Shut up.

Alistair Darling

[AlfredJPruffock]

Next Comrades - The Nationalisation of the Housing Market.

Perfect.


I am the tool of the government
And industry too
For I am destined to rule
And regulate you

I may be vile and pernicious
But you cant look away

I make you think Im delicious
With the stuff that I say

I am the best you can get
Have you guessed me yet?

I am the slime oozin out
From your tv set

You will obey me while I lead you
And eat the garbage that I feed you

Until the day that we dont need you
Dont got for help...no one will heed you

Your mind is totally controlled
It has been stuffed into my mold

And you will do as you are told
Until the rights to you are sold

[Alf W]

Not 'nationalisation' at all. You shouldn't believe everything you read in The Sun or the Daily Mail.

[HairyArsedBloke]

Not 'nationalisation' at all. You shouldn't believe everything you read in The Sun or the Daily Mail.

You're right, it isn't; far from it.

However,but the left want to paint it like that in their smugness and some on the right call it that out of equal ignorance.

[Xenophon]

But are they taking it? RBS has not taken any money yet..

Aye, but they are interested I think. Plus pressure is mounting on the CEO:

http://business.timesonline.co.uk/to...cle4909992.ece

But ministers believe that it would be politically unacceptable for the man who led RBS to the brink of failure to continue running the bank with public money.

[Bob Dalek]

Alex cartoon has an interesting perspective.

desserts