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oligarch Chairman of the WR Committee
Posts : 1643 Join date : 2008-01-31
| Subject: Northern Rock Mon Feb 18, 2008 3:47 am | |
| The British government has nationalized the troubled Northern Rock Bank. The Chancellor said that its only temporary but I think it needs to stay nationalized; how about you? | |
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Riddler Hero of Socialist Labor
Posts : 488 Join date : 2008-01-31 Age : 33
| Subject: Re: Northern Rock Mon Feb 18, 2008 5:35 am | |
| - oligarch wrote:
- The British government has nationalized the troubled Northern Rock Bank. The Chancellor said that its only temporary but I think it needs to stay nationalized; how about you?
Yep, the banks must belong to government/people, not individual people. | |
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revolution Member of the WR Committee
Posts : 1042 Join date : 2007-10-15 Age : 30 Location : Yanqui central
| Subject: Re: Northern Rock Mon Feb 18, 2008 6:53 am | |
| Yes, the government can better utilize resources than the individual. | |
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mattabesta Chairman of the Supreme Council
Posts : 3936 Join date : 2007-12-23 Age : 29 Location : Iceland
| Subject: Re: Northern Rock Mon Feb 18, 2008 3:26 pm | |
| If it stays nationalized it will cost the goverment billions of pounds it despretly needs to sell it | |
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Comrade Pollett Experienced Party Member
Posts : 923 Join date : 2007-10-14 Age : 30 Location : Newfoundland and labrador
| Subject: Re: Northern Rock Mon Feb 18, 2008 6:01 pm | |
| its a good way to counter anarchist punks (no offense to anarchists that aren't punks) | |
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mattabesta Chairman of the Supreme Council
Posts : 3936 Join date : 2007-12-23 Age : 29 Location : Iceland
| Subject: Re: Northern Rock Mon Feb 18, 2008 9:51 pm | |
| - Riddler wrote:
- oligarch wrote:
- The British government has nationalized the troubled Northern Rock Bank. The Chancellor said that its only temporary but I think it needs to stay nationalized; how about you?
Yep, the banks must belong to government/people, not individual people. why and how would that be better? | |
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oligarch Chairman of the WR Committee
Posts : 1643 Join date : 2008-01-31
| Subject: Re: Northern Rock Tue Feb 19, 2008 2:01 am | |
| - mattabesta wrote:
- Riddler wrote:
- oligarch wrote:
- The British government has nationalized the troubled Northern Rock Bank. The Chancellor said that its only temporary but I think it needs to stay nationalized; how about you?
Yep, the banks must belong to government/people, not individual people. why and how would that be better? Publicly owned institutions benifit the public rather than individuals. | |
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mattabesta Chairman of the Supreme Council
Posts : 3936 Join date : 2007-12-23 Age : 29 Location : Iceland
| Subject: Re: Northern Rock Wed Feb 20, 2008 1:10 am | |
| - oligarch wrote:
- mattabesta wrote:
- Riddler wrote:
- oligarch wrote:
- The British government has nationalized the troubled Northern Rock Bank. The Chancellor said that its only temporary but I think it needs to stay nationalized; how about you?
Yep, the banks must belong to government/people, not individual people. why and how would that be better? Publicly owned institutions benifit the public rather than individuals. it has been proven dozens of times that privet banks do much better than state owend. | |
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Liche Chairman of the Supreme Council
Posts : 4613 Join date : 2008-01-30 Age : 30 Location : USA-Virginia
| Subject: Re: Northern Rock Fri Mar 07, 2008 7:32 am | |
| I agree with parts of both views. Private banks are good for interest and Government owned banks are good for safety/dependability, | |
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Liche Chairman of the Supreme Council
Posts : 4613 Join date : 2008-01-30 Age : 30 Location : USA-Virginia
| Subject: Re: Northern Rock Fri Mar 07, 2008 7:36 am | |
| - BolshevikClock wrote:
- its a good way to counter anarchist punks (no offense to anarchists that aren't punks)
None taken. | |
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mattabesta Chairman of the Supreme Council
Posts : 3936 Join date : 2007-12-23 Age : 29 Location : Iceland
| Subject: Re: Northern Rock Fri Mar 07, 2008 11:43 am | |
| - Liche wrote:
- I agree with parts of both views. Private banks are good for interest and Government owned banks are good for safety/dependability,
yeah but goverment banks cost a lot of money and are just draining the govs pockets | |
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Liche Chairman of the Supreme Council
Posts : 4613 Join date : 2008-01-30 Age : 30 Location : USA-Virginia
| Subject: Re: Northern Rock Sat Mar 08, 2008 10:00 am | |
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mattabesta Chairman of the Supreme Council
Posts : 3936 Join date : 2007-12-23 Age : 29 Location : Iceland
| Subject: Re: Northern Rock Sat Mar 08, 2008 1:48 pm | |
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