European Citizen

What's wrong with multinationals? Anyone can become a shareholder, can you say much fairer than that?

What's next, you want to nationalise Tesco?

British-Conservatism

Whats wrong with the government becoming the main shareholder?
can you say much fairer than that?

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European Citizen

Yes, it gives the government too much power and too much control.

British-Conservatism

I would think most people want their government to be in control.
Instead of a bunch of financial bandits.

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http://conservativedemocraticalliance.blogspot.com/

European Citizen

Oh yeah sure, especially true in the cases of Stalin, Hitler etc.

British-Conservatism

It was true in the case of Hitler.
But that aside what else is government for?

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http://conservativedemocraticalliance.blogspot.com/

European Citizen

Looks like you got your wish, Britain's second biggest bank is now under state control:

Royal Bank of Scotland under state control - Times Online

Wowbanger TIP

All of them are under state control in that they are totally reliant on short term finance from the government, which means HMG has a loaded gun at their heads. The government is also the largest shareholder in Lloyd's (40%) giving it effective control of the UK's biggest retail bank. All British banks are effectively dead, choked on stupidity and greed. Their apparent continued existence is entirely due to the necromancy of HMG, they're zombies.

Since all of these banks are holding debt which has/will default as the economy seizes up the British government is now totally over the event horizon of an infinitely powerful black hole of doom which will see it bankrupted itself in a matter of months.

Tick. Tock.

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The only ones left with any confidence at all are the New Dumb. It is the beginning of the end of our world as we knew it. Doom is the operative ethic.

H S Thompson

Kingdom of Fear: Loathsome Secrets of a Star-crossed Child in the Final Days of the American Century (2004)

Millennium3

I don't think, at a time like this, you should be trying to look on the bright side!

Little Englander (sour)

Comparing that statement with the antics and actions of the EU Commission - are you sure you are a Europhile?

Do you not think that the unelected and unaccountable EU Commission has, altogether, too much power and too much control.

You must be a troll.

Or a snake.

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Little Englander (bigoted)