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Re: Northern Rock Nationalised!
Rant and rave? ... seems to me that any posts that are negative to the New Tory cause are regarded as "ranting"..and as for you my son..don't give it the big un.. you live in Spain you daft h'pence!
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Re: Northern Rock Nationalised!
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My family live in the UK and I fear for them under the present regime. As for being your son ( A term which you seem to use as an insult) Anyone who calls you Dad must be very proud :eek::eek: |
Re: Northern Rock Nationalised!
eh royboy .."my son" is a term I keep aside specially for you my son... if you continue posting kak.. you can rest assured it will always be held for you...my son!..oh just an edit... or would you rather me call you toryboy?
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Savings are protected(up to £35K so 'ordinary' people are unliekly to have more than that in one instituition) so you never had any worries there, those who chose to invest did so knowing full well "The value of shares can go down as well as up", it was as much a gamble as putting it on a nags head. particularly interesting was the clamour when it was in trouble, I will admit I considered investing when they dropped like a stone as I thought as many did that they would weather the storm, luckily for me I was too lazy to do anything about it! :D If anything the weak are getting unfair protection over this, why should my taxes be propping up what was a private company? why should NR get better support than the other companies who go bust each year through poor business decisions which is what it came down to. |
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Thankfully, we are not facing that problem in Canada. Canadian lending institutions will not give mortgages unless the borrower puts out at least 5% of the value of the property as a deposit. Business does not give a flying you-know-what about the public .... they are interested in nothing but profit, at any expense. There is no such thing as free enterprise; major corporations are not interested in competition, or giving the consumer the best deal, or making the national economy strong ... these are the enteties that out source jobs from your country to areas where wages are low, and workers are unprotected by legislation guaranteeing worker saftey etc is not in place. |
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