I hate to say the banks were put in a position to recapitalise their balance sheets whilst lending. Not really possible.
Oh I know. But in essence we have paid twice for rescuing them. I did read an article on the theory once, I think it's called helicopter theory. A broad assumption was that a lot of the money would have found its way to banks anyway
You seem to have answered your own question here. Of course it was bound to fail Brown was rather very least negligent. He didn't do bad out of it though
Brown is thought of very differently by the top European economists .turn your Conservative party iPod off
I knew it was coming and I told everyone who would listen. It was a repeat of the early 90s where an economic boom was built on property prices. Get ready for about 2022 is where the cycle of boom and bust which runs at around 15 years will reach its bust trough
If you don't trust any of the major parties, maybe put it somewhere else valuable: The green party are the most left wing national party around - the only ones standing against TTIP, up for the environment and against the capitalist agenda
so was thatcher then who oversaw the first level of the deregulation of the banking industry. Also have a read about the glass- stegall act in the USA. Or mainly about its repeal.
Definitely, voting for agreen candidate locally. However my politidal views are not left wing at all very centre ground. Left wing politics is all about surprising the working man and stifling ambition
From someone who works in the NHS, please use your vote to save it tomorrow. A continuation of the same policies as in place now will see it become only for emergencies at some point in the next few years with planned operations increasingly done for profit by the Tories mates in the private sector. Via a combination of 4%+ year on year cuts in what is already one of the world's most efficient health systems over the last five years and the slashing of social care leading to 100% increases in blocked beds, the Tories have pushed hospitals into around £2bn deficit and will use that as an excuse to end NHS provision in locally run hospitals as we know it. The situation is much worse than 1997 when hospitals couldn't set budgets until Labour got in and immediately released some cash into the service. The Tories' top down re-organisation means that money doesn't directly go anywhere except into their £3bn commissioning bureaucracy.
Correct, there is around £3bn wasted annually propping up the Tory re-organisation which set up unaccountable quangos to arrange contracts between groups of GPs and hospitals ffs. Other than that the Commonwealth Fund (an American organisation) classed the NHS as the most efficient health system in the world.
i'm voting green. on balance, seems the only party that care about common good, people and welfare. they won't get **** all votes, but hey..