Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
Let's not overlook that, whenever a long-standing ruler is lodged from power somewhere in Africa, the West, spurred on by the people in the country concerned, proclaim how such and such a ruler and his family have hoarded assets in western countries (usually through the banks), and then confiscate these assets and hand them over to the people of that country.
So I underline my statement that a one-off confiscation of personal assets of billionaires and multi millionaires, to the extent that the concerned still remain rich, but not so stink rich, is indeed possible by law.
Guest 645- Registered: 12 Mar 2008
- Posts: 4,463
Four groups spend other people's money: children, thieves, bankers and politicians. All four need supervision.
Bastardised phrase for todays market.
Marek
I think therefore I am (not a Tory supporter)
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,706
I am all for the state minimise its level of interference in private businesses but that also means private businesses cannot come looking for state handouts when they get into trouble.
In the case of the banks if this means the state has to force through legislation to separate totally retail and merchant banking then so be it.
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
ROSS;
Yep privatisedf banks as you say should not rely on state subsidy.
other areas where private is bad(so many examples)
the blue cross care home
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
"Those who make the wrong decisions, who engage in criminality, must be identified, arrested and punished, and we will make sure that happens" 11th August, Home Secretary, Theresa May.
"The United Kingdom further states that the criminal prosecution of bank employees due to participation in tax offences his highly unlikely".
23rd August: Clause in UK-Swiss tax deal agreed by Chancellor George Osborne.
One set of laws for the public, another for the bankers......
Audere est facere.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
says it all really, no wonder there is this depth of feeling against the bankers from the public.
Guest 683- Registered: 11 Feb 2009
- Posts: 1,052
Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
An interesting read Mark , thugs in fancy suits , should these type of people be trusted with the destiny of our Country? children , the sick , the poor ?
Audere est facere.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
No.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
That's direct to the point reg
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
doubt that reg will be invited on to any chat shows in the near future.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
have to give reg his due
he has in past postings posted very long postings
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Lighter relief.
A close friend and ally of George Osbourne says the Global financial crisis caused by Bankers,Bankers casino johnies and the City players would not have happened if more women held the senior posts.
In his book ``Masters of Nothing: How the crash will happen again unless we understand human nature``MP`s conclude the current imbalance seems to be contributing to the kind of Market Manias which caused the Global financial crisis.
Perhaps ? Lehman Brothers should have been Lehman Sisters!!!
Guest 640- Registered: 21 Apr 2007
- Posts: 7,819
Posting this one below for Reg who had a spot of bother getting it up..
* *
Courtesy of Schrank at The Independent.
``The Fat Cats know they are safe with Cameron and Osbourne``
Guest 683- Registered: 11 Feb 2009
- Posts: 1,052
"The State has no role in interfering with the remuneration given in private companies, that is a matter for the shareholders. As for the banks, the government is a shareholder in some of them and its influence should be restricted to that".
If private companies and banks behaved with a degree of morality that may be ok Barry. However, what we see is a widening gulf between the rich and the poor in this country and it is getting harder to justify and to be tolerated. Capitalism, like Communism, is great in theory but what we are seeing is the inevitable individual human greed coming to the fore. Self-regulation has proved to be ineffective so someone needs to step up and the State should have the courage to do it. Sadly, so many of the 'State' are linked to big business and banks that we are seeing an abdication of that responsibility.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
It is the State that is the cause of most of our problems. The less the State does, the less it interferes and the more it leaves people alone the better.
What I see so much of here in this thread is ill-informed bigotry on the same level as racism.
Guest 683- Registered: 11 Feb 2009
- Posts: 1,052
As opposed to blinkered dogma?
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
I could also refer to the envious blinkered dogma enimating from certain sources here.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Correction; The Banks caused most of the problems to the State and global finance.
Ross Miller- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,706
As I have said before and will no doubt say again:
In a capitalist system the state should interfere in the affairs of private companies as little as is necessary to ensure fair treatment of customers and workers. The corollary to this is of course private business cannot expect the state to step in and bail them out if they cock up.
The 2 biggest problems with the current global system are
a) over regulation by various governments and pan-national bodies
b) limited liability
The first creates unnecessary costs and stifles competition and innovation, the second encourages unnecessary risk taking and a disregard for the consequences
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
