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[Field Marshal Dr. Opti]

Nickbat........always seems to overlook this small point BJ: .....I always thought that private enterprise was all about self reliance.....and not being a drain on the taxpayer........Apparently not ......The Banks are fully aware that they will be bailed out time and time again by the taxpayer.......only capitalists when it suits them it seems......... taking all the profits........responsible for none of the losses...... :-/ :-/ :-/

I don't overlook things,Optimist.

1. The banking crisis began in the US. There is credible evidence that the seeds were sown as a result of political interference in the markets during the Carter administration when banks were forced into making loans to less-than-creditworthy sections of the Americn society for political reasons.

2. The banks did not go  "running home to Socialist Mummy" for bail outs, as Bj suggests. Several banks refused help (e.g Barclays) while others accepted the stock guarantees as part of the restructuring requested by the  government (e.g. Lloyds). Several banks in the US also refused state assistance. In the UK it was not a crisis caused by private enterprise, nor solved by socialism. It was, if anything a crisis caused not only by White House interference in the housing market, but exacerbated by the global market, to which both socialist and capitalist states contribute.

3. Where you allege that "taxpayers" money is graciously handed out by these wonderful socialists, perhaps you should wonder where this money actually comes from. Prior to the crisis, the banks and others gave absolutely huge amounts of tax to the Treasury, whereupon our wonderful socialist government embarked on an irresponsible spending spree (hence the fact that we're bankrupt now). So, all this talk of bank greed and dear old Mummy Socialist kindly handing out it's own hard-earned cash to help them is complete nonsense.

Perhaps, Optimist, you should remember that it is private enterprise - including, and especially, the financial sector during the good times - that pays for all the public sector largesse of which you seem to be so enamoured.

  

to take your points 1 by 1 Nick

1) no-one has ever forced a bank into doing anything other than serving its own bottom line

2) Barclays went cap-in-hand to the saudis for a private bail-out, my suspicion remains they don't want govt snooping in their tax-avoiding books - and i can't take credit for Opti's wonderful line 

3) this last point beggars belief, the huge amounts of tax are dwarfed by the massive amounts of tax they don't pay - squirrelling through every loophole in the book so let's put the violins away for now.

i do admire the chutzpah tho Nick, really I do - but even you have to let go of the great banking philanthropism bs - no-ones buying (shares in banks anymore)  8-)

......if this thread was a fooball match.... the final score would be......


Banjax and Optimist 4......Albs and Nickbat 0 .

  ......give up you crazy  bank loving pair.....

[Banjax]

I dont know why your bothering speaking sense to these two Nickbat.The pair of them know slightly less than nothing on the subjects they choose to rant about and have very closed minds and are therefore unable to learn anything about anything. your wasting your time mate.

i've never been accused of having a closed mind albs, but then you're right and everyone else is wrong....that's an open mind is it? sorry i don't know much about closed minds - you'll have to enlighten us 

[Banjax]

......if this thread was a fooball match.... the final score would be......


Banjax and Optimist 4......Albs and Nickbat 0 .

  ......give up you crazy  bank loving pair.....

[/quote]

unfortunately to use your analogy Opti, the banks make up the rules, pay for the referee, remove the goalposts and decide only they can play with the ball and score as much as they like so i doubt we'd win m8 

[Nickbat]

......if this thread was a fooball match.... the final score would be......


Banjax and Optimist 4......Albs and Nickbat 0 .

  ......give up you crazy  bank loving pair.....

Evidence, if indeed evidence were needed, that it is impossible to carry out an adult discussion with people who liken such discourse to a football match and then gloat over their "apparent" victory (in their own minds only, though, it must be said). 

[albitz]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

[STMO999]

Go 'ead der Albs

[Banjax]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

i knew you were a merchant banker 

[Nickbat]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

i knew you were a merchant banker 

Abuse. Plain and simple. 

[STMO999]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

i knew you were a merchant banker 

Abuse. Plain and simple. 

Tasty tonight....innit?

[Banjax]

actually albs - you're right, i know nothing about banking, well, about as much as your average banker it would seem 

[Banjax]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

i knew you were a merchant banker 

Abuse. Plain and simple. 

jeesus h. christ first you're with the bankers and now you're calling it a term of abuse? focus man focus! 

off to watch footy before this goes downhill 

[STMO999]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

i knew you were a merchant banker 

Abuse. Plain and simple. 

jeesus h. christ first you're with the bankers and now you're calling it a term of abuse? focus man focus! 

off to watch footy before this goes downhill 

There's no footie on.

[Nickbat]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

i knew you were a merchant banker 

Abuse. Plain and simple. 

jeesus h. christ first you're with the bankers and now you're calling it a term of abuse? focus man focus! 

off to watch footy before this goes downhill 

We both know what you were insinuating and if you had read previous posts, you would have known that Albs has a family member in the industry. 

[STMO999]

I was referring specifically (but not exclusively) to the many posts you two have posted about banking. I have some close personal knowledge of the subject and Nickbat has quite a lot more. It is very obvious that neither of you has even the tiniest shred of knowledge on the subject but you seem to constantly string together bits of headlines from the mirror and the gaurdian and try to present it as articulated thought. Juvenile and laughable imo.

i knew you were a merchant banker 

Abuse. Plain and simple. 

jeesus h. christ first you're with the bankers and now you're calling it a term of abuse? focus man focus! 

off to watch footy before this goes downhill 

We both know what you were insinuating and if you had read previous posts, you would have known that Albs has a family member in the industry. 

Yeah. His full name is Albs King.

[Field Marshal Dr. Opti]

Have I missed anything ?....