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Tories propose 'people's bank bonus' in cheap shares

24

Comments

  • Allowing the public to buy back what they already own - genius :eek:
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    edited 21 February 2010 at 11:11AM
    Just goes to prove Cameron & Co either:

    1. Have no idea

    or

    2. Want to line a bumchums' pocket
    Not Again
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If they really want to reduce deficit why are they proposing this and increasing death duty threshold
  • ukcarper wrote: »
    If they really want to reduce deficit why are they proposing this and increasing death duty threshold

    Because they are going for the votes of the people who made money on the privatisation of gas, elec & BT etc.......

    That's a point isn't that when this whole spiral of a mess started.... :p
    Not Again
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    I think the shares should be drip fed back into the market, perhaps over a period of decades rather than as quickly as possible so that the increase in supply doesn't unduly reduce the price.

    Decades might be stretching it, but I totally agree about the drip-feeding over a period of years. It's the least disruption to markets and likely to give the best return.
  • Perhaps decades is a bit long, but I think it is possible that the government might own a large share of RBS in 10 years time. LloydsTSB ought to be pretty easy to sell off though.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 21 February 2010 at 6:43PM
    Just goes to prove Cameron & Co either:

    1. Have no idea

    or

    2. Want to line a bumchums' pocket
    those that are critics of Monsieur Brown will be over the moon when this other monkey takes charge

    Monkey Brown will be missed by them

    that's two stupid ideas put forward by the tories that i've seen today
  • WhiteHorse
    WhiteHorse Posts: 2,492 Forumite
    Degenerate wrote:
    Where do I start with this one, the Tories have lost it ...

    They haven't lost it ... they're just being what they are ... fat cats.
    "Never underestimate the mindless force of a government bureaucracy
    seeking to expand its power, dominion and budget"
    Jay Stanley, American Civil Liberties Union.
  • Christ, the Tories really are devoid of ideas. Labour and Brown should be heading for wipe out in the GE, but the supremely weak Tories just don't have a clue at the moment. Cameron in particular has no balls whatsoever. He just tries to pander to every group out there, and will change or make up policy to reflect current affairs. Like what the f*ck is this 'People's Bank' crap???

    As much as I absolutely hate this Labour government, I think I'll have to reconsider my Tory vote and just not bother.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Why would any sane person want families with just a few savings to own individual bank shares?
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