The UK General Politics Thread Page 132

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  • mcmonkeyplc 17 Jan 2014 11:43:36 39,855 posts
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    You make sure the banks have all the necessary infrastructure required by consumers before they're allowed to open.

    I agree it doesn't fix the problem but it SHOULD lead to increased competition which I think is his point.
  • Dougs 17 Jan 2014 11:47:36 72,208 posts
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    LeoliansBro wrote:


    High street banking isn't a real problem, or at least it isn't a problem this really solves.
    I can't confess to being fully up on the banking sector, but isn't this the crux of the matter? High St banking isn't where the problem was in the market - isn't it essentially a loss-making operation and banks make their money elsewhere in the market?
  • Deleted user 17 January 2014 11:49:00
    Just that the idea of a cultural union has value. We've been through so many wars that any spirit of togetherness should be commended and nurtured.

    The problem with this issue, to my mind, is that the best solution is a compromise between the two points of view; not boolean in or out.
  • Deleted user 17 January 2014 11:51:33
    mcmonkeyplc wrote:


    So we should ignore trying to make it work properly?
    No, my point of view is that the idea of an inclusive group is worth the effort of trying to make it work; even if the cost is greater on the surface.
  • mcmonkeyplc 17 Jan 2014 11:52:21 39,855 posts
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    It's not loss making unless you've got a massive cost somewhere or you've made some pretty shitty loans.
  • TheSaint 17 Jan 2014 11:55:20 15,681 posts
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    Things like current accounts are loss making if your customers are responsible.
  • mcmonkeyplc 17 Jan 2014 11:58:10 39,855 posts
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    bitch_tits_zero_nine wrote:
    mcmonkeyplc wrote:


    So we should ignore trying to make it work properly?
    No, my point of view is that the idea of an inclusive group is worth the effort of trying to make it work; even if the cost is greater on the surface.
    That's my problem though. The whole idea that it costs more than it provides is absolutely wrong to the point of mass insanity. It drives me mental.

    It may cost some of your (not you bitch) precious sovereignty but in return you get a much larger market, more growth, more jobs etc. If these things aren't more important to you than some tiny portion of your flag then you sir are strange in my opinion.

    The institutions to make the EU more democratic are already in place we just need to reform the politics so that it's directed in the correct way but that would mean national governments would shit there pants.
  • Bremenacht 17 Jan 2014 11:58:15 21,632 posts
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    I think UK banking is supposed to be amongst the most competitive and well-developed on the consumer side.

    All Government needs to do is ensure existing rules are enforced properly, that adequate monitoring/inspection takes place and that dodgy business is adequately punished. But they won't, because they're cunts. They'll appoint their City pals to monitor their City pals, and 'light-touch' will remain the norm.
  • Bremenacht 17 Jan 2014 11:59:47 21,632 posts
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    Fuck - way behind the thread, as per usual.
  • Deleted user 17 January 2014 11:59:50
    mcmonkeyplc wrote:
    bitch_tits_zero_nine wrote:
    mcmonkeyplc wrote:
    ...
    You know more about economics than I do tbh.

    Edited by bitch_tits_zero_nine at 12:00:13 17-01-2014
  • mcmonkeyplc 17 Jan 2014 12:03:28 39,855 posts
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    LeoliansBro wrote:
    mcmonkeyplc wrote:
    It's not loss making unless you've got a massive cost somewhere or you've made some pretty shitty loans.
    Massive cost like running a UK branch network, for example?
    That's a fixed cost which you should eventually be able to cover if your successful. Other retailers have this cost too.
  • mcmonkeyplc 17 Jan 2014 12:16:01 39,855 posts
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    Yeah :)
  • mcmonkeyplc 17 Jan 2014 12:19:23 39,855 posts
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    bitch_tits_zero_nine wrote:
    mcmonkeyplc wrote:
    bitch_tits_zero_nine wrote:
    mcmonkeyplc wrote:


    You know more about economics than I do tbh.
    :) It's not just economics though. The problem with the EU is mainly political. :(

    Oh and that giant clusterfuck known as the Euro...which is a clusterfuck due to politics

    Edited by mcmonkeyplc at 12:20:50 17-01-2014
  • Tom_Servo 17 Jan 2014 12:22:47 18,082 posts
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    Dougs wrote:
    http://www.youtube.com/watch?v=l93yjako2j8&feature=em-uploademail

    :D
    When I saw those little Union Jack flags I thought "Oh this must be on everyone's desk so others can see which country is being represented". Then I looked at the others. There are no flags.

    Urrrrrrrrrrgh
  • Deleted user 17 January 2014 12:37:28
    HI I'M BRITISH HAHA SILLY FOREIGNS, I'M BRITISH ISN'T IT GREAT?!!
  • mcmonkeyplc 17 Jan 2014 12:42:02 39,855 posts
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    Don't read the comments section of that video. It will make your skin crawl.
  • Moot_Point 17 Jan 2014 13:54:01 4,778 posts
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    Maybe we will be going Dutch with banking?
  • Deleted user 17 January 2014 14:04:24
    mcmonkeyplc wrote:.....
    Yeah, i think what I was alluding to before wasn't that being in europe was worse for us; more that when managing a political system, the organisational task grows in complexity as the numbers increase, population etc.
  • mcmonkeyplc 17 Jan 2014 14:08:47 39,855 posts
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    I agree with you there.
  • Moot_Point 17 Jan 2014 14:09:45 4,778 posts
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    @LeoliansBro So a strong possibility then? :D
  • Moot_Point 24 Jan 2014 23:43:33 4,778 posts
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    Do we get a vote to be in or out of the EU?

    Not on your nelly!
  • Bremenacht 27 Jan 2014 18:00:29 21,632 posts
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    whatfruit wrote:
    TheSaint wrote:
    whatfruit wrote:
    Lansdown partners made similar profits on commissions and rapid share value rise as UBS and G& R.
    Good news for pensions, charities and companies that invest in that fund then.
    also for brokers, banks and George Osborne who gets 500k in his campaign war chest for being such a good sport.

    Shit news for the taxpayer or any business that relies on royal mail when the cost of services inevitably rises.
    Bumping this subject for this comment:

    Judge the Royal Mail sale in three months, said Vince Cable. Time's up

    Goldman Sachs and UBS, the companies paid a stonking 16.9m by the government for managing the privatisation, were questioned about the price discrepancy by a parliamentary committee in November. They denied any impropriety, claimed the 330p price was correct according to their research and described the whole fiasco as a "well-executed transaction". Less than a week later, Goldman Sachs issued a note to its investors, advising them that the price of the shares would settle at about 610p.
    Allocating shares to the companies responsible for setting the price seems a bit stupid to me. Employing foxes to manage the privatisation of the chicken-shed. I'm sure they could have devised a contract to avoid a conflict of interest.
  • localnotail 27 Jan 2014 23:59:39 23,084 posts
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    "Agenda for hope"
  • TheSaint 28 Jan 2014 00:39:23 15,681 posts
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    Sounds like Michael should become a gaming journalist.
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