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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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http://news.bbc.co.uk/1/hi/uk_politics/8526665.stmYou can propose damn near anything in an election build-up can't you? 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Sun Feb 21, 2010 10:22 am |
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belchingmatt
I haven't seen my friends in so long
Joined: Fri May 15, 2009 3:16 am Posts: 6146 Location: Middle Earth
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And so the cycle begins again. 
_________________ Dive like a fish, drink like a fish!
><(((º>`•.¸¸.•´¯`•.¸><(((º> •.¸¸.•´¯`•.¸><(((º>`•.¸¸.•´¯`•.¸><(((º>
If one is diving so close to the limits that +/- 1% will make a difference then the error has already been made.
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Sun Feb 21, 2010 10:35 am |
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Nick
Spends far too much time on here
Joined: Thu Apr 23, 2009 11:36 pm Posts: 3527 Location: Portsmouth
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Vince Cable is at it again. This man just talks sense!!
_________________
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Sun Feb 21, 2010 10:57 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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I agree the problem with shares is that they have gone nowhere for ten years so why invest in them? People have far more pressing needs. Secondly since the directors are selling out why should the public support the insiders getting out? It is shameless vote buying. As Vince cable says we have more pressing needs top deal with rather than speculating.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Sun Feb 21, 2010 11:02 am |
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Coref
Occasionally has a life
Joined: Mon Apr 27, 2009 6:20 pm Posts: 446 Location: ~/
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If they really wanted to help the worst off, they could sell the banks and then raise the threshold at which people pay income tax. That would mean people on benefits would find it more worth while working than claiming.
_________________ I was nickholway on the old boards.
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Sun Feb 21, 2010 1:37 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Yes but it is just like the old Tories selling us our shares at a discount which means that only the rich will benefit. Typical Tory values.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Sun Feb 21, 2010 2:08 pm |
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gavomatic57
Doesn't have much of a life
Joined: Thu Apr 23, 2009 8:30 pm Posts: 1757 Location: Cardiff, Wales
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Invest in a bank that has already failed once and has had to be bailed out by the government! Great idea! Why not bet on a horse with 3 legs while you are at it?!
Bloody idiots.
_________________ G.
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Sun Feb 21, 2010 4:25 pm |
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AlunD
Site Admin
Joined: Fri Apr 24, 2009 6:12 am Posts: 7011 Location: Wiltshire
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Well as its proven the government will step in if there is a problem then its actually and incredibly safe investment. 
_________________ <input type="pickmeup" name="coffee" value="espresso" />
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Sun Feb 21, 2010 4:49 pm |
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Coref
Occasionally has a life
Joined: Mon Apr 27, 2009 6:20 pm Posts: 446 Location: ~/
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Apart from in this case the Government is selling the shares, so the banks will be owed by normal shareholders again.
_________________ I was nickholway on the old boards.
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Sun Feb 21, 2010 5:00 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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So in order to get the shares into private hands again they are willing to short change the tax payers. Not exactly ethical. If they were to sell them properly then I would have no problem with that. They could also sell the shares in small tranches. That way the market can set the value for the next tranche.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Sun Feb 21, 2010 5:11 pm |
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