BrainKing - Diskussionsforum (Politics)

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Politics

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5. december 2011, 21:01:50

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Ämne: Re: Banks are not the problem. Government is. Regulations are in effect, but not followed.

Artful Dodger: Right.... That's why The UK has had to stop the bank system collapsing and millions of peoples savings lost of banks like the RBS. This would have had WORLD WIDE repercussions.

... the government didn't tell the bank to engage in a consortium to buy another bank. Nor did the government tell them to ignore warnings from their own people regarding the lack of full accounts, as it did not matter... The buying of the bank was already decided to go ahead regardless...

The billions of pounds that have gone on shoring up the financial system re RBS, Northern Rock and other banks... The loss that councils in the UK are reeling from due to banks in Europe that have collapsed taking investments with them..

.. it's all the governments fault. Banks and businesses do not in anyway have any influence on governments what so ever, or do they have the ability to run themselves.

..... Our governments do that... well in the UK at least.. 'own' many of them, or in principle the people do.

"Bank greed" ... ... That's the greed that cost the UK over £850,000,000,000