Debate House Prices
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CRASH 2 ANALYSIS: This is a poker game about who runs the world
grizzly1911
Posts: 9,965 Forumite
http://hat4uk.wordpress.com/
"It’s the reality unfolding before our eyes: as I wrote last year, there is a wealth transfer likely to take place, and it has nothing to do with West and East: this is a transfer of power from Sovereign governments powered by vibrant capitalism, to Sovereign banks serving the needs of big monopolists. In Greece and Italy, it’s already in place in a de facto sense. Last year, Bob Diamond as good as told David Cameron to go f**k himself when it came to bank bonuses, since when Camerlot as a whole hasn’t uttered so much as a squeak about controlling the banks. Diamond now talks gaily about being happy to dispose of his retail network: it’s a cost centre, and the People have been bled dry….so who needs them any more?"
Why are we at the mercy of the Banks when we are the ones that bail them out??
"It’s the reality unfolding before our eyes: as I wrote last year, there is a wealth transfer likely to take place, and it has nothing to do with West and East: this is a transfer of power from Sovereign governments powered by vibrant capitalism, to Sovereign banks serving the needs of big monopolists. In Greece and Italy, it’s already in place in a de facto sense. Last year, Bob Diamond as good as told David Cameron to go f**k himself when it came to bank bonuses, since when Camerlot as a whole hasn’t uttered so much as a squeak about controlling the banks. Diamond now talks gaily about being happy to dispose of his retail network: it’s a cost centre, and the People have been bled dry….so who needs them any more?"
Why are we at the mercy of the Banks when we are the ones that bail them out??
"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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Comments
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I didn't think Barclays took a bailout, unless you count the Arab investment.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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grizzly1911 wrote: »Last year, Bob Diamond as good as told David Cameron to go f**k himself when it came to bank bonuses,
Barclays is a global business run by an American , and owned in the majority by shareholders who live outside the UK.0 -
Thrugelmir wrote: »Barclays is a global business run by an American , and owned in the majority by shareholders who live outside the UK.
I'm a shareholder and whilst he has presided over ever growing bonuses, dividends have withered.
Wonder if this year will be any different with Eddie's warnings and renewed scrutiny? Daft question.
I accept Barclays didn't take the bailout but no doubt would have done had they been in a slightly weaker position. The Barclays specific reference was in the article not my words, interesting take on it though."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
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