Helping out the banks.

This forum provides an opportunity for people to debate and discuss the latest current events; to talk about what's going on in the world today and discuss what's behind the news headlines.

Re: Helping out the banks.

Postby £3.73 » Wed Oct 15, 2008 7:28 am

After the Wall St crash of 1929 (which was a premeditated scam btw) ...

safeguards were put in place to ensure such a thing could never happen again ...

... until they were removed by the Bush administration ! (kinda similar to taking the brakes off your car ... what did they think would happen ?)

A financial 9/11 .... take the brakes of the market, scares & panics ensue, share prices fall, top executives get huge payouts to disappear into the sunset, .... people panic & demand action ...... Governments can now snap up the highly devalued shares & obtain a majority shareholding in the banks. Public breathes a sigh of relief ...

Lots of banks .... one owner !!!

Work out the potential pitfalls in that for yourself ... be afraid .... be very afraid !

(btw did anyone else notice it's a G7 again ?)
most days I feel like Gene Hackman in the Poseidon Adventure
£3.73
Can't Stay Away
Can't Stay Away
 
Posts: 601
Joined: Mon May 01, 2006 12:24 pm
Location: Campbeltown


Re: Helping out the banks.

Postby £3.73 » Wed Oct 15, 2008 7:46 pm

... spoke too soon .... it's the G8 again !!!

and now the IMF is being "rebuilt" ...

http://news.bbc.co.uk/1/hi/world/europe/7672514.stm

Here was me thinking all the one world bank nonsense was just a stupid conspiracy theory ...
most days I feel like Gene Hackman in the Poseidon Adventure
£3.73
Can't Stay Away
Can't Stay Away
 
Posts: 601
Joined: Mon May 01, 2006 12:24 pm
Location: Campbeltown


Re: Helping out the banks.

Postby Bobbie En Tejas » Thu Oct 16, 2008 2:04 am

£3.73 wrote:...Here was me thinking all the one world bank nonsense was just a stupid conspiracy theory ...


:lol: :lol: :lol:

Just because something's a theory doesn't mean it ain't so...

I've been watching for this to happen since the 70s. The one world money system is inevitable. Just interesting watching it all unfold.
Some people die at 21 but aren't buried until they are 65.
User avatar
Bobbie En Tejas
Forum Addict
Forum Addict
 
Posts: 3535
Joined: Mon Oct 17, 2005 1:55 am
Location: Southwest of Campbeltown


Re: Helping out the banks.

Postby Hume » Tue Oct 28, 2008 2:27 pm

"It's only when the tide goes out that we see who has been swimming naked" Warren Buffet
Should Scotland be an Independent country?

Yes, I believe Scotland is a country and should therefore govern itself.
No, Scotland is not a country it is simply part of the UK and should therefore be governed from London.
User avatar
Hume
Can't Stay Away
Can't Stay Away
 
Posts: 527
Joined: Mon Feb 28, 2005 5:44 pm
Location: Cambuslang


Re: Helping out the banks.

Postby westport321 » Tue Oct 28, 2008 8:44 pm

They should all have been allowed to collapse, everything would have gone to hell much sooner and resolved sooner.
Wonder why fuel prices have taken a nose dive at the same time and suddenly the dollar is much stronger. Wish i knew who the people are that really run this planet, then the revolution could begin.
Head Scientist, Dept of Mad Scientists
westport321
Active Poster
Active Poster
 
Posts: 301
Joined: Sat Aug 25, 2007 2:22 am
Location: far far away


Re: Helping out the banks.

Postby EMDEE » Sun Feb 08, 2009 2:19 am

What's all this nonsense about RBS executives getting astronomical "performance bonuses". For what? Bringing the bank to a state of collapse? RBS states that they are contractually obliged to pay these leeches this money. I would ask "Why"?. These pampered individuals and their like have ruined the financial system, (of which they were probably to a great extent the architects), and still expect to receive at least six-figure sums for effectively ruining the country. Is the management of this organisation completely bonkers? This bank only remains trading because we gave them 20 billion, and the arrogance of RBS is unbelievable. When the taxpayer has to help a bank out, the goalposts shift, and any contractual obligations need to be revised in view of the fact that they are not "dishing out" their own money.

Tonight on the news the Treasury has ordered an investigation into bonuses for bank executives. Let's hope that it moves quickly before RBS shares out our money to these already highly remunerated parasites. :evil:

And let's hope, against experience, that it's not another whitewash! :evil:
Merda taurorum animas conturbit. Quidquid latine dictum sit, altum videtur
User avatar
EMDEE
Forum Addict
Forum Addict
 
Posts: 1932
Joined: Wed Sep 20, 2006 10:55 am
Location: Up the Rodd


Re: Helping out the banks.

Postby NelsonL1995 » Sun Feb 08, 2009 3:26 pm

I saw in the papers today that Obama is limiting the amount of money Bankers in the USA can be paid.
That should happen here.
'' If it seems to good to be true, It probably is.''
User avatar
NelsonL1995
Quite a Regular
Quite a Regular
 
Posts: 192
Joined: Tue Dec 09, 2008 10:28 pm


Re: Helping out the banks.

Postby ionnsaigh » Sun Feb 08, 2009 5:14 pm

The banks should be stormed.
O'Donnchadha
User avatar
ionnsaigh
Forum Addict
Forum Addict
 
Posts: 3714
Joined: Thu Aug 03, 2006 8:31 am
Location: The Dear Green Place


Re: Helping out the banks.

Postby EMDEE » Tue Feb 10, 2009 11:16 pm

What a waste of time were today's apologies from the estwhile bosses of HBOS and RBS. They are walking away from these jobs having done for the banking industry what Harold Shipman did for the medical profession.

Even if they never get another job, they'll hardly be retiring in penury, unlike many of the bank customers whose businesses they have helped to ruin.
Merda taurorum animas conturbit. Quidquid latine dictum sit, altum videtur
User avatar
EMDEE
Forum Addict
Forum Addict
 
Posts: 1932
Joined: Wed Sep 20, 2006 10:55 am
Location: Up the Rodd


Re: Helping out the banks.

Postby four eyes » Thu Feb 12, 2009 1:15 pm

if all those unemployed lazy gits got a job none of this would be heppnin,yes they could take over from the bankers who used to run the show.the ones who dont even have any banking qualifications.thats right they have no experience of running banks yet they were given the job.ha ha haaaaaaaaaaaaaaaaa you couldnt make it up.
we have let these idiots take over the country,but no one has the balls to stand up and say enough is enough,oh god wheres my crack pipe? :evil:
four eyes
Can't Stay Away
Can't Stay Away
 
Posts: 509
Joined: Thu Jul 17, 2008 10:23 am
Location: deep in the heart of nowhere


Re: Helping out the banks.

Postby EMDEE » Thu Feb 12, 2009 1:26 pm

It's truly amazing that to get an ordinary job you need to have qualifications and experience, yet if you want to get a top job you need sweet Fanny Adams.

The results are there for us to see.
Merda taurorum animas conturbit. Quidquid latine dictum sit, altum videtur
User avatar
EMDEE
Forum Addict
Forum Addict
 
Posts: 1932
Joined: Wed Sep 20, 2006 10:55 am
Location: Up the Rodd


Re: Helping out the banks.

Postby ionnsaigh » Thu Feb 12, 2009 5:47 pm

EMDEE wrote:It's truly amazing that to get an ordinary job you need to have qualifications and experience, yet if you want to get a top job you need sweet Fanny Adams.

The results are there for us to see.


You mean like - Her Majesty the Queen. :roll:
O'Donnchadha
User avatar
ionnsaigh
Forum Addict
Forum Addict
 
Posts: 3714
Joined: Thu Aug 03, 2006 8:31 am
Location: The Dear Green Place


Re: Helping out the banks.

Postby EMDEE » Fri Feb 13, 2009 9:06 am

Incidentally, for anyone who is interested here is a link to the online petition against RBS paying out bonuses:

http://www.ipetitions.com/petition/giveupthebonus/?e
Merda taurorum animas conturbit. Quidquid latine dictum sit, altum videtur
User avatar
EMDEE
Forum Addict
Forum Addict
 
Posts: 1932
Joined: Wed Sep 20, 2006 10:55 am
Location: Up the Rodd


Re: Helping out the banks.

Postby Beachcomber » Fri Feb 13, 2009 7:44 pm

If people really feel that strongly about RBS paying out massive amounts of money in bonuses then perhaps they should consider moving their accounts to another bank? Wouldn't that send a more tangible message to the bank's executives?
-------------------------------------------------------------------------------------
"Arguing with someone on the internet is like mud wrestling with a pig.
After a while you realize the pig likes it." - Anon.
User avatar
Beachcomber
Forum Addict
Forum Addict
 
Posts: 1074
Joined: Wed Aug 02, 2006 9:41 am
Location: Scotland


Re: Helping out the banks.

Postby ionnsaigh » Fri Feb 13, 2009 9:23 pm

Aye - send it to Loyds :lol:
O'Donnchadha
User avatar
ionnsaigh
Forum Addict
Forum Addict
 
Posts: 3714
Joined: Thu Aug 03, 2006 8:31 am
Location: The Dear Green Place


PreviousNext

Return to Current Affairs

Who is online

Users browsing this forum: No registered users and 7 guests