Tangled up in Blue
Certified Senior Citizen⭐
http://www.guardian.co.uk/business/2010/sep/07/barclays-appointment-banks-breakup-threat
A diamond in the rough or a blood diamond? :)
A diamond in the rough or a blood diamond? :)
http://www.guardian.co.uk/business/2010/sep/07/barclays-appointment-banks-breakup-threat
A diamond in the rough or a blood diamond? :)
If I wanted to read the Guardian every day, I would cut off my testicles and buy some hemp sandals.
Funny,I rarely feel the need(or desire) to read anything else-apart from El Pais,of course.
Try the News of the World.
Why is this unacceptable - because he trousers a fortune each year and you (presumably) don't?
I certainly don't unfortunately.
Check out the "casino" banking references in the article.Barclays savings bank is being led by their investment division.They can afford to buy shares,trade in future securities etc at an exceptionally low interest rate, safe in the knowledge that if their "investments" go bottom up, then the taxpayer will be forced to pay the bill to bale them out.Whereas,if they continue to make a profit then the taxpayer gets nothing.Robert Peston was making pretty much the same point on the BBC last night.
I agree with you about that, but this isn't the 'unacceptable face of capitalism', it's the unacceptable face of state intervention in business. The banks should be made to sink or swim like any other business, and under a pure capitalist system, that's what would happen. It's a system based on merit and hard work, which is generally why it has such little appeal to soap dodging tree huggers.
Under a pure capitalist system you would also get corporations that become their own states , and probably have their own armies
No they wouldn't as who ever had the largest army would be in charge . Accountability comes from individual responsibilityAnd what's wrong with that? Then everyone would be truly accountable.
No they wouldn't as who ever had the largest army would be in charge . Accountability comes from individual responsibility
Accountability comes from individual responsibility
I agree. Just about every statement you've ever made on this site has indicated that you don't.
I probably should have said armed forces . Though i suspect logistics might hamper using all of them at once.North Korea has an army nearly four times the size of the US yet I don't see them spreading their particular brand of freedom around the world.
Your grasp of the English language could then be brought into question.
Your grasp of the English language could then be brought into question.
Just so your aware that can mean :That's truly priceless.
Just so your aware that can mean :
–adjective 1. having a value beyond all price; invaluable: a priceless artwork.
2. delightfully amusing or absurd: a priceless anecdote.
I agree with you about that, but this isn't the 'unacceptable face of capitalism', it's the unacceptable face of state intervention in business. The banks should be made to sink or swim like any other business, and under a pure capitalist system, that's what would happen. It's a system based on merit and hard work, which is generally why it has such little appeal to soap dodging tree huggers.