The Mudcat Café TM
Thread #133667   Message #3036170
Posted By: Jim Carroll
19-Nov-10 - 03:21 PM
Thread Name: BS: Subsidy to Ireland to increase UK deficit
Subject: RE: BS: Subsidy to Ireland to increase UK deficit
"Nationalise the UK banks! Screams Richard, rather predictably."
Tend to agree with Willie under the prevailing circumstances - I wouldn't like to see the banks fully in the hands of crooks and icompetents, which they would be as things stand at the present time.
However, can't see he has any reason for disparaging the idea of placing the banks under control of the people at a future date - they couldn't make a worse job of it than the present crowd.
We have been told that the present crisis will last from four to ten years (no doubt an extremely optomistic projection) during which time we will see cuts in the health service, leading to an increase in poor health throughout the section of the population affected, and even deaths). Schools, social services, care homes - all will no doubt fall under the axe. There will be a rise in homelessness due to home owners not being able to meet morgage commitments, pensions will be put under scrutiny to see if they can be milked, wages will be cut and working conditions will deteriorate ..... there will be a significant general reduction in the living standards of working people, and this reduction will be targeted at the poorest and most vunerable in our society.
This is not just a case of a few greedy bankers (I think that's the right word) and corrupt and inefficient politicians - it is a major breakdown in the system we live under.
It really is necessary that people should not take this lying down and that they should consider ALL options.
I watched a leading banker being interviewed on Irish television two nights ago - he said that the present "dip" in the economy was part of the general economic fluctuation and that bankers such as himself were in no way responsible for the present state of affairs.
Now where did I put my red shirt?
Keith:
"A deliberate misrepresentation of what I actually said,"
A word of advice; never, but never state publicly anything that you may wish to disassociate yourself from at a later date.
You'll be telling us next that you never gave your support to belligerant sectarian marches and described those of us who find them offensive "killjoys".
Head between the knees and deep breaths now!!
Jim Carroll