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LuckyOne

This Would Be Very Clever .....

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An alignment of the interests of taxpayers and bankers would occur if this program were to be implemented. Suddenly the success of banks would benefit the public and we would have a say on pay (assuming that we could be bothered to vote our shares and make shareholder proposals).

http://www.thesun.co.uk/sol/homepage/news/money/3581882/Campaign-to-give-1000-of-bank-shares-in-rescued-RBS-Lloyds-to-every-taxpayer.html

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An alignment of the interests of taxpayers and bankers would occur if this program were to be implemented. Suddenly the success of banks would benefit the public and we would have a say on pay (assuming that we could be bothered to vote our shares and make shareholder proposals).

http://www.thesun.co.uk/sol/homepage/news/money/3581882/Campaign-to-give-1000-of-bank-shares-in-rescued-RBS-Lloyds-to-every-taxpayer.html

Reminds me of some Christmases- being given presents you neither wanted, asked for or needed.

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An alignment of the interests of taxpayers and bankers would occur if this program were to be implemented. Suddenly the success of banks would benefit the public and we would have a say on pay (assuming that we could be bothered to vote our shares and make shareholder proposals).

http://www.thesun.co.uk/sol/homepage/news/money/3581882/Campaign-to-give-1000-of-bank-shares-in-rescued-RBS-Lloyds-to-every-taxpayer.html

It should please everyone, except people who owned Lloyds shares prior to the shotgun wedding with HBOS who will see it as an insult.

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Only quickly scanned it, but think I read "non transferable, so stuck with them. Not going to happen as I think it would be administrative nightmare. You would people adding themselves to the electoral roll, just to get shares, and we have enough problems with that it, Labour inner city wards! laugh.gif

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the lifetime dole's would have something to say if this was for the taxpayer, and if they did give shares to people who was a taxpayer but made redundant during the "crisis"

its interesting though

but then it is in the sun

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Do shares affect benefit entitlement.

If they do this why stop at this?

Why not building nuclear power stations (rather than interfere in the market) and give them to the tax payers?

Edited by SarahBell

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People seem intent to peg this to income tax. Why can't we assume it was paid for by VAT - or even corporation tax?

If it is pegged to income tax, surely it is only fair and equitable that the largest contributors to income taxation receive proportionally higher share of the proceeds than those who barely contribute? Naturally anyone receiving a subsidy or rebate would be exempt from benefitting too. Only fair.

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Do shares affect benefit entitlement.

If they do this why stop at this?

Why not building nuclear power stations (rather than interfere in the market) and give them to the tax payers?

You'd probably have to give the cleanup costs to the taxpayer as well.

Though that would be better than the current bankster-style arrangement where power generation profits go to private industry and cleanup costs are mostly paid by the taxpayer.

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It should please everyone, except people who owned Lloyds shares prior to the shotgun wedding with HBOS who will see it as an insult.

It's pathetic vote buying for Conservative party popularity and their Ego's to enable them to get another term using public money!

Bet it all kicks off near next gen election! 2013 is when Osbourne/Cameron cuts wreck the country further!

Exactly the same tactic Thatcher used with the North Sea oil 'giveaways' - the revenues of which she and successive Govts completely squandered for short-term popularity.

Edited by erranta

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An alignment of the interests of taxpayers and bankers would occur if this program were to be implemented. Suddenly the success of banks would benefit the public and we would have a say on pay (assuming that we could be bothered to vote our shares and make shareholder proposals).

http://www.thesun.co...y-taxpayer.html

It would be simpler, cheaper and far more efficient to just keep them under govt. ownership.

The only reason Dave would give them away would be offload risk onto individuals directly, else to provide a nice easy money making opp. for the banksters as they're immediately sold on the market to raise cash and ultimately end up with the large holders anyway.

A sort of rehash of the failed Thatch sell offs off the public utilities. Except in this instance they're so worthless they're going to give 'em away. :lol:

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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