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tuggybear

Bank's Patronising Attitude Is Insulting

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Bank's patronising attitude is insulting.

Bank bosses going cap in hand for help from the Bank of England is an image unimaginable just a few months ago. Despite this, the fuss the Bank made around HBOS on Wednesday and the severity of the credit crisis we're all facing, the four-line statement the Bank issued last night after meeting the banking industry was frankly insulting. It will have done nothing to reassure the average consumer naturally worried about the state of Britain's banks.

Read on! :

http://www.telegraph.co.uk/money/main.jhtm.../21/ccom121.xml

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Bank's patronising attitude is insulting.

Bank bosses going cap in hand for help from the Bank of England is an image unimaginable just a few months ago. Despite this, the fuss the Bank made around HBOS on Wednesday and the severity of the credit crisis we're all facing, the four-line statement the Bank issued last night after meeting the banking industry was frankly insulting. It will have done nothing to reassure the average consumer naturally worried about the state of Britain's banks.

Read on! :

http://www.telegraph.co.uk/money/main.jhtm.../21/ccom121.xml

Yeah too right ... bloody bank of England why arent they turning up the printing presses to full speed to bail out the reckless, bonus munching, lenders of the city. If they dont get their fingers out, like the courageous Americans have, we can kiss goodbye to the most overvalued housing in the world.

This tide of sentiment suggesting that the FED are a courageous bunch of action men daring to use tax payers money, the printing presses and savers money to bail out wall street as opposed to our own dithering BOE fretting about moral hazard and inflation and protecting the value of our currency is starting to make me feel quite nauseous. There does seem to be quite a campaign going on to force the BOEs hand to slash rates and ramp up the printing presses.

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The Banks who have been taken over by foreign investors, who then charge the British Public 50quid each and every day for being overdrawn by 2 quid, are then bailed out by the same people they overcharge, namely the TaxPayer.

Gordon Brown is the most useless incompetent in bed with the boys subprime minister this nation has ever seen, its amazing the British Public ever elected him.

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And we had the vile new leader of the Liberal Democrats - Nick Clegg - more extreme than the most rightwing Tory in many ways - asking why the BoE wasn't following the excellent example of the Fed - what a total A$$$$$$e

Edited by gruffydd

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Yeah too right ... bloody bank of England why arent they turning up the printing presses to full speed to bail out the reckless, bonus munching, lenders of the city. If they dont get their fingers out, like the courageous Americans have, we can kiss goodbye to the most overvalued housing in the world.

This tide of sentiment suggesting that the FED are a courageous bunch of action men daring to use tax payers money, the printing presses and savers money to bail out wall street as opposed to our own dithering BOE fretting about moral hazard and inflation and protecting the value of our currency is starting to make me feel quite nauseous. There does seem to be quite a campaign going on to force the BOEs hand to slash rates and ramp up the printing presses.

You are spot on my friend.

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The Banks who have been taken over by foreign investors, who then charge the British Public 50quid each and every day for being overdrawn by 2 quid, are then bailed out by the same people they overcharge, namely the TaxPayer.

Gordon Brown is the most useless incompetent in bed with the boys subprime minister this nation has ever seen, its amazing the British Public ever elected him.

It does not matter whether the owners of banks come from Peckham or Mars.

The British public didn't get a say in whether he got elected as Prime Minister.

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errrrr....they are , and the working mans socialist Gordon Brown was the chief architect of this mess :lol:

And we had the vile new leader of the Liberal Democrats - Nick Clegg - more extreme than the most rightwing Tory in many ways - asking why the BoE wasn't following the excellent example of the Fed - what a total A$$$$$$e

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Gordon Brown is the most useless incompetent in bed with the boys subprime minister this nation has ever seen, its amazing the British Public ever elected him.

It is interesting to note that Brown was elected as an MP in the role of Chancellor solely by residents in Kirkcaldy - a well known centre of fiscal expertise, not.

You should visit, I did.

:)

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The Banks who have been taken over by foreign investors, who then charge the British Public 50quid each and every day for being overdrawn by 2 quid, are then bailed out by the same people they overcharge, namely the TaxPayer.

Gordon Brown is the most useless incompetent in bed with the boys subprime minister this nation has ever seen, its amazing the British Public ever elected him.

The British Public elected Gordon Brown? When was that?

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Thanks for the tip A.Steve, alas I already have holiday plans so shall have to give Kirkcaldy a miss this year :(

It is interesting to note that Brown was elected as an MP in the role of Chancellor solely by residents in Kirkcaldy - a well known centre of fiscal expertise, not.

You should visit, I did.

:)

Edited by FernandoMorientes

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  • 292 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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