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'Renationalisation'.....which of the crown jewels would you take back?

2

Comments

  • reduceditem
    reduceditem Posts: 3,057 Forumite
    bendix wrote: »
    And how exactly do you propose the universally acknowledged bankrupt Exchequer pays for these renationalisations? And what happens if individual shareholders like me refuse to sell.


    Well, we part-nationalised some banks without too much trouble. :)
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    PasturesNew wrote: »
    Why don't you list the choices... I've no idea what has been taken/given/whatever...

    I think you may as well just assume that we have virtually nothing involving infrastructure that hasnt been sold, and most of that to foreign companies.
  • bendix
    bendix Posts: 5,499 Forumite
    reduceditem wrote: »
    Well, we part-nationalised some banks without too much trouble. :)


    Buying stakes at depressed share prices is as far away from the concept of nationalisation, as I am from looking like Johnny Depp.

    You can't nationalise something if individual shareholders don't want to sell.
  • paul1964_2
    paul1964_2 Posts: 280 Forumite
    bendix wrote: »
    You can't nationalise something if individual shareholders don't want to sell.

    I think Northern Rock shareholders were once of this opinion.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    bendix wrote: »
    And how exactly do you propose the universally acknowledged bankrupt Exchequer pays for these renationalisations? And what happens if individual shareholders like me refuse to sell.

    We could do what is popularly known as a "Chavez"?;)
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Given the state of the government's finances shouldn't we be looking at what to sell off, rather than renationalise?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • bendix
    bendix Posts: 5,499 Forumite
    chucknorris wrote: »
    Given the state of the government's finances shouldn't we be looking at what to sell off, rather than renationalise?

    Precisely.

    And it's already happening. They will start to divest of the stakes in the banks next year. They've already started the process to get rid of Dover Ports, and other likely targets for privatisation include the Tote, the student loan book, HS2 etc.

    And long may it continue.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Kohoutek wrote: »
    The railways – the whole system still relies on government subsidy, why not stop pretending the disastrous privatisation has worked.
    Another vote for this one.

    The railways are really poor value for money in this country; no wonder the roads are clogged.

    Being able to commute cost effectively is a real enabler for people travelling to where the jobs are.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    Basically, I would rather like the post office and BBC radio to be privatised, but it makes sence to either renationalise the railways, or remove the subsidy so they are operating as private companies.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • daveyjp
    daveyjp Posts: 14,140 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Railways - Everytime I have dealings with them they need to send at least 5 people from different organisations, yet none of them seem to be in charge of "the railway" and the person who can make a decision never seems to be invited!
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