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Post by Biggles on Oct 22, 2010 21:41:26 GMT 1
how can Trident be justified? Use it and we're all screwed. Don't use it and it's a waste of money ?
That is what is known as a deterrent sadly.
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Post by johnoakes on Oct 23, 2010 7:49:14 GMT 1
Capitaism dead?Government takes over the Banks--again half truths and VERY poor research.
Barclays hold the torch of freedom and was NOT taken over by the Government neither were MANY European banks--please try facts before you commit to the forum--spin is not dead its just moved to the lower leagues.LOL
As a Barclays customer I have always been critical of them --they never give ANYTHING away---no I am in error I once got a few pens--so rare I took some down to my Barclays branch in Grenoble where they became an item of great interest-LOL
Didn't get me anything though--Banks(spit.LOL)
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Post by maverick on Dec 13, 2010 12:52:38 GMT 1
Capitaism dead?Government takes over the Banks--again half truths and VERY poor research. Barclays hold the torch of freedom and was NOT taken over by the Government neither were MANY European banks--please try facts before you commit to the forum--spin is not dead its just moved to the lower leagues.LOL As a Barclays customer I have always been critical of them --they never give ANYTHING away---no I am in error I once got a few pens--so rare I took some down to my Barclays branch in Grenoble where they became an item of great interest-LOL Didn't get me anything though--Banks(spit.LOL) I notice you omit to mention the 47billion loan Barclays had from the US government? Indeed, VERY poor research. |
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Post by johnoakes on Dec 13, 2010 15:05:43 GMT 1
;D ;D
Whilst I do enjoy our little jousts ---come on --what do banks do?
They lend and borrow money.LOL
Its called capitalism and it works in a very simple way--banks borrow money-lend it out at a higher rate and make profits--the government taxes these profits and spends the money on policing and other contentions items.
Read the "Ragged Coated Philanthropist" I am sure you will enjoy it.--though not my favourite I'm afraid.(the title may not be exact--its a Victorian novel I once saw as a play--very left and right up your street.)
Never doubt my research--it may be slanted(or spun.LOL) but it always fairly thorough.
Try it sometime it may prove useful in preventing your foot in mouth syndrome. ;D ;D
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Post by maverick on Dec 13, 2010 16:02:43 GMT 1
;D ;D Whilst I do enjoy our little jousts ---come on --what do banks do? They lend and borrow money.LOL Its called capitalism and it works in a very simple way--banks borrow money-lend it out at a higher rate and make profits--the government taxes these profits and spends the money on policing and other contentions items. Read the "Ragged Coated Philanthropist" I am sure you will enjoy it.--though not my favourite I'm afraid.(the title may not be exact--its a Victorian novel I once saw as a play--very left and right up your street.) Never doubt my research--it may be slanted(or spun.LOL) but it always fairly thorough. Try it sometime it may prove useful in preventing your foot in mouth syndrome. ;D ;D Oh really John! You were arguing that Barclays hadn't been bailed out - whose foot in whose mouth or is it an age thing? Clearly in any battle of wits with you - you are at a disadvantage being only half armed. ho ho ho |
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Post by johnoakes on Dec 13, 2010 16:31:11 GMT 1
Oh dear--this is becoming a rather circular argument and in danger of becoming a slanging match--now whilst as a former professional politician I have a great delight in such things this is really not the place.
So lets look at a few verifiable facts--
1.The US Government would under NO circumstances bail out a foreign bank that was their chief competitor world wide.--so no bail out happened unless you have evidence to the contrary(don't bother even looking for that--just concede)
2. A loan is a normal bank transaction and not a bail out--that would involve BUYING or nationalising the bank--sorry pal that just did not happen.
3.To remain solvent during the crisis Barclays dealt with the gentlemen from the Middle East and reimbursed them after a short term loan for which they made a tidy profit--they bought |Barclay shares at a low price thus stablising the share price and sold them after the immediate crisis and made a profit.--a good capitalistic practice.
These are all verifiable facts--PLEASE do the necessary research then leave this one alone --you are getting out of your depth and showing your lack of years and experience.
Sorry--its an age thing,LOL
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