Sunday, February 21, 2010

Dave’s losing the plot

Tories woo voters with "people's bank bonus"

Opposition Conservatives announced plans on Sunday to encourage taxpayers to buy shares in banks that were part-nationalised during the credit crunch, presenting this as a "people's bank bonus."

Posted by mr g @ 07:01 PM (1830 views)
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16 thoughts on “Dave’s losing the plot

  • They are even using Communist words now. Good gracious we are in trouble. Yes, welcome to the People’s Communist, I mean, CONservative bank party. You understand that we will all be forced to bank at the People’s Post Office before too long. Ten mile queues to get money to buy bread. Its no different to bread queues in the Soviet Union. I choose the free market bank of gold bullion.

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  • The only reason they are doing this, is because nobody in the market will buy these shares, because, after the bailouts, the shares are over priced, but Joe Shmoe will buy them with his six pack. Tell you what, how about you let them go bankrupt, and we can then go out and buy shares into the broken up companies at pennies on the pound, oh, no, that would hurt the bankers who are bonking our MP’s. Crooks.

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  • surely the taxpayers should be issued with the shares.why should you have to buy something you already own?

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  • cat and canary says:

    erm….. lets see, we already own 84% of RBS, paid for by tax rises and spending cuts for the next 10 years. [email protected] off Tories! We already own it, you cant sell it to us

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  • mountain goat says:

    Trying to move public ownership to private ownership isn’t it? Better than trying to nationalise every failing bank. Buyer beware applies to all investments as usual…

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  • I quote an associate from another site I post on:

    “Do you remember when the government disposed of its holding of BP shares? The ad. campaign had the slogan ‘Be part of it’. Just before the sell-off, the stock market fell to such an extent that the shares could be bought on the open market for considerably less than the government’s offer price. One guy who had gone ahead and bought the shares anyway was interviewed and asked why he did it. The poor sod said that he ‘wanted to be part of it.’ He meant it. I felt so sorry for him – he really didn’t understand what had gone wrong or why, he just trusted what he’d been told.”

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  • @cat and canary – we also owned British Gas etc but they re-sold it to us anyway – if you see Sid…………………………

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  • fallingbuzzard says:

    Why would I buy something that I already own? Really hilarious.

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  • fallingbuzzard says:

    A bit like getting the banks to pay for the bailouts thereby satisfying taxpayers that the money is coming back to them, whilst at the same time letting banks charge the taxpayer to get that money.

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  • Of course! Giving away cheap bank shares means they’ll be good at everything else required to run a government!
    Silly me, why didn’t I spot that?

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  • p4c not malct – surely.

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  • contrails are not a conspiracy (formerly npnh) says:

    No. Crunchy!

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  • mark wadsworth says:

    What C&C says – the taxpayer has already paid for these banks – so why not give everybody £5 worth of shares for every £100 they pay in tax for the next twelve months?

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  • What a shame-faced wheeze…..genius.
    That’s it, Botox Dave for premier then

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