Is Englang on the verge of full socialism/communism (1 Viewer)

[Mike375]

Is England on the verge of full socialism/communism

The news would indicate that banks in England are being nationalised.

Given that the English as a group seem to love regulation etc.....is the nationalisation of the banks a trigger to make England a fully owned "by the state" country?

For many of us "England is the mother country" and while no longer relevant it would be a shame if England became fully socialised. Perhaps when you have 50 million or more people living on a bit of dirt the size of a postage stamp...then full socialism or communism is the only solution.

 

[Brianwarnock]

It'll make a change from the Right wing dictatorship of T Bliar.

I blame all the immigrants.

Brian

 

[GaryPanic]

No way ---
the nationlisation will be a temporary measure and only a relatively small percentage of shares will be held (enough to be able to control policy) int he short term -- once the goverment changes they will want to sellth e shares to recoup the monies spent on the nationalisation -

espically a conservative goverment which is light on goverment ownership

as to regualtion - agree way to much - but given that the US has little regulation and is the root cause of the problem ...

Reg here in the UK is the right amount but in the wrong place - its about regulating the client instead of the service provided .

 

[speakers_86]

No way ---
the nationlisation will be a temporary measure and only a relatively small percentage of shares

Temporary huh? Havent you seen Star Wars?

as to regualtion - agree way to much - but given that the US has little regulation and is the root cause of the problem ...

We screwed up! But youve got to get hurt to learn. On the other hand, I just read an article that said some people from some states governments warned the federal department that has something to do with lending that predatory lending was a problem, and they just got blown off. Ill look for the link.

Here it is.
http://www.msnbc.msn.com/id/27121535/

 

[oumahexi]

Phew! Thank Goodness I'm in Scotand!! Ah well, at least we still have one bank they won't get their hands on

 

[statsman]

I believe the French government nationalized all their banks about 20 years ago. Doesn't seem to have worked well in the current economic conditions.

I'm certain the shares the government puts back on the market a few years from now will sell big after the government has run the banks into the ground.

 

[Rich]

The directors etc. of these failed institutions are laughing all the way to the bank

 

[Rich]

Re: Is England on the verge of full socialism/communism

The news would indicate that banks in England are being nationalised.

Given that the English as a group seem to love regulation etc.....is the nationalisation of the banks a trigger to make England a fully owned "by the state" country?

For many of us "England is the mother country" and while no longer relevant it would be a shame if England became fully socialised. Perhaps when you have 50 million or more people living on a bit of dirt the size of a postage stamp...then full socialism or communism is the only solution.

We prefer it to this

http://news.bbc.co.uk/2/hi/business/7666536.stm

 

[Pauldohert]

Is Oz having a double whammy of trouble even before the credit crunch - or is this BBC journalism, ie prices have fell 30% in places - well they have here too?

 

[Len Boorman]

Do not worry

The total incompetance of the current government is now being exposed. Trouble is it will be the sensible people who will pay the bill. However GB has a date with the polls that he cannot avoid and then he will be out on his ear, or unfortunately a fat pension.

The only true thing is that there is no justice anymore.

Anyway the Brits are a stubborn bunch and enjoy rebelling against regulation or anything else for that matter.

L

 

[KenHigg]

Can I ask a simple question about your NHS Len?

 

[Rabbie]

espically a conservative goverment which is light on goverment ownership

So that's why Cameron and Osbourne have supported these moves to bail out the banks.

It seems to be working so far

 

[Brianwarnock]

Can I ask a simple question about your NHS Len?

You don't need to ask if you can ask, if we don't like the question we will just ignore it.

Brian

 

[KenHigg]

So if I ask you can we agree to keep it civil?

 

[Rich]

So that's why Cameron and Osbourne have supported these moves to bail out the banks.

Future bloody directorships

 

[GaryPanic]

So that's why Cameron and Osbourne have supported these moves to bail out the banks.

It seems to be working so far

Short term measure .. give it 5-10 years and who ever is in power will sell these shares at a profit ...

 

[Rich]

Can I ask a simple question about your NHS Len?

Your questions are alway simple Ken

 

[Pauldohert]

Do not worry

The total incompetance of the current government is now being exposed. Trouble is it will be the sensible people who will pay the bill. However GB has a date with the polls that he cannot avoid and then he will be out on his ear, or unfortunately a fat pension.

The only true thing is that there is no justice anymore.

Anyway the Brits are a stubborn bunch and enjoy rebelling against regulation or anything else for that matter.

L

I'm not sure if you are being sarcastic or not - if not - how would we be better off under a bunch of etonians rather than second tier public school boys?

 

[Rich]

I'm not sure if you are being sarcastic or not - if not - how would we be better off under a bunch of etonians rather than second tier public school boys?

Less control by the state for starters

 

[Pauldohert]

How does that help the current problem?

Or is it just a knee jerk out of the frying pan into the fire. I am no fan of labour.............but.....