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Greedy Bankers, what would you do with them?

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Ron Brind
Ron Brind
Posts: 19041
Joined: 26th Oct 2003
Location: England
quotePosted at 10:04 on 29th October 2009

Well here we go members, but do keep it family friendly.

What would you like to do with the people who supposedly keep our economy's going?

And another thing, where has all the 'world money' actually gone? Somebody dig a hole like a squirrel and bury it waiting for the winter or something?

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Ruth Gregory
Ruth Gregory
Posts: 8072
Joined: 25th Jul 2007
Location: USA
quotePosted at 02:58 on 30th October 2009

Keep it family friendly, Ron?  Maybe I'd best not post here then.  lol

Seriously, they need to be reigned in.  I think it would be great if the execs from the biggest banks would call some kind of a summit to come up with ideas on how they are going to police themselves, and to spare a thought for how they can use their power to come up with ideas that benefit the greater good.  The world depends on the banks being run in a morally responsible way.  Therein lies the rub, I think.  All that rightist govenment hands off, no regulation policy works fine and stimulates competition and creativity when there is a moral compass and a value of "do the right thing."  But when the greed gives in to "me, me, me, I, I, I want it all and I want it now, well, that's what's got us into the mess we're in.  The governments have to step in I'm afraid, because that self-policing just isn't going to happen.  

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Paul HiltonPremier Member - Click for more info
Paul Hilton
Posts: 2605
Joined: 21st Nov 2004
Location: UK
quotePosted at 02:15 on 1st November 2009

Maybe they should all fly off on holiday so they can pay the new flight taxes going towards paying for the cost of bank bailouts----under the guise of being environmental ?

 http://www.dailymail.co.uk/news/article-1224222/Flight-taxes-hiked-bail-banks-Its-environment-says-Darling.html

 

 



Edited by: Paul Hilton at:1st November 2009 02:16
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Shirley K. Lawson
Shirley K. Lawson
Posts: 2310
Joined: 17th Jul 2008
Location: USA
quotePosted at 06:11 on 2nd November 2009

I told the truth..someone didn' t like it so they wiped out my post...so expect an hell-fire lifetime ahead..because without the truth...nothing will be resolved.

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lancashirelove
lancashirelove
Posts: 1986
Joined: 18th Feb 2009
Location: UK
quotePosted at 12:57 on 2nd November 2009
Did you say B ankers ron?
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Debbie Adams
Debbie Adams
Posts: 2043
Joined: 8th Mar 2009
Location: USA
quotePosted at 13:52 on 2nd November 2009
From the words of our dear Pres.... "Share the Wealth"!!Sealed
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Ron Brind
Ron Brind
Posts: 19041
Joined: 26th Oct 2003
Location: England
quotePosted at 16:05 on 2nd November 2009
On 2nd November 2009 06:11, Shirley K. Lawson wrote:

I told the truth..someone didn' t like it so they wiped out my post...so expect an hell-fire lifetime ahead..because without the truth...nothing will be resolved.

Shirley, we are unaware of any of your posts being deleted. However, that said, Moderators are permitted to delete anything which they consider is not family friendly. I can't imagine that to be the case from you so its a bit of a mystery!
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Paul HiltonPremier Member - Click for more info
Paul Hilton
Posts: 2605
Joined: 21st Nov 2004
Location: UK
quotePosted at 17:16 on 2nd November 2009

And now the EU is forcing the UK government to break up banks now owned--partially--by the tax payer. i.e. Lloyds Banking Group and Chancellor Alistair Darling commented is to provide more competition instead of half a dozen big providers and that wouldn't be acceptable.

That seems a bit rich from him, seeing as it was his boss- Gordon Brown--that engineered the merger of LloydsTSB Bank with HBOS !!

And how much more is this going to cost the tax payer now? The Shadow Financial Sec, commented---The Government is not being straight with people. Mr Darling failled to mention the extra capital that the tax payer is apparently going to inject into Lloyds and RBS [ Royal Bank of Scotland] worth some £25 billion.

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Richard Sellers
Richard Sellers
Posts: 4691
Joined: 16th Jul 2008
Location: USA
quotePosted at 18:30 on 2nd November 2009
Let's put them all in one room,tell them we will drop a certian amount of money in the room,that will be all that will ever be available to them,forever,and see what happens,,(oh and btw,we will leave weapons in the room as well)
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Shirley K. Lawson
Shirley K. Lawson
Posts: 2310
Joined: 17th Jul 2008
Location: USA
quotePosted at 18:58 on 2nd November 2009

I know its not you guys Ron, this has been going on with me, it's an part of the way to control my thoughts, and make them other people's, but you asked an question so I thought for once I'd give you an honest answer from my days of expereince and the education of my college economic classes. We have an serious problem going on and its worldwide in some ways. I read about your bank closings this morning in the paper along with the billion dollar bankruptcies going on over here. Think the economy can take an wiping off the slate this time around and alls forgotten in time? Since they were using paper "play doll" money to begin with, are these huge debts likewise ...how do you lose something that was never there to begin with? 'I leave you with this bit advice they told us in class...

Money of itself has no value..it only gains value when it's exchanged

for an "service" of some kind...then its given an worth.  Balance your

value of money with the service it buys realistically and have the same

amount of cash flow as you do coming as going. We got off the the

 path when business and goods  thought people were worth more

then what people could pay realistically speaking.  Always have an

savings account also. 

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