Barclays - Is this the final nail in the coffin?

#61
The banking system in the western world is out of control and needs to be reminded that it’s primary reason it to serve the population, and not to strive to optimise profits at the sacrifice of “normal folks".
Surely a banks "primary reason" is to make money. Whilst there may be room for a National Bank funded by the tax payer you cannot conceivably think that the city of London or indeed any major financial centre could operate successfully if it were state owned. You only have to look at your beloved East Germany to see it will always end in failure.
 
#62
The entire banking system benefited from the >£200billions in quantitative easing generated by the B of E, while depositors suffered and continue to do so through artificially low interest rates. It was taxpayers' assets that kept the whole show on the road.
And what would have happened if they had not.
 
#63
You just can't help yourself, can you? Anything for a cheap shot at Bugsy, eh, spackerman? Why are you selfishly and deliberately derailing the thread, just so you can get in your usual moronic chips at me?

As I've stated on many occasions: I was never a "big-time drug smuggler" (which you've hyped up just to sound [melo-]dramatic) and I gave it all up in 1990. That's almost 30 fückin' years ago, you hopeless cretin!

MsG

PS, The term "big-time", when used as an adjective, is hyphenated.:-D:-D:-D
As long as you aren't bothered mate.
 

DaManBugs

LE
Book Reviewer
#64
As long as you aren't bothered mate.
It's funny how you always and every time respond to my posts, spackerman. It must be your own special intensity of "not botheredness" that inspires you to do that, oder, spackerinski?:smile::smile::smile:

MsG

PS. Whatever happened to the big pink and green smilies? They were my fayvrits!
 
#65
Dear oh my, he's an expert wbanker too.
There is no end of expertises that Bugsy can make up, fire arms, drug dealering, mafia intimidator, parachutist, boxer, picture restorer etc you name it, he'll pretend to do it..
 
#66
It's funny how you always and every time respond to my posts, spackerman. It must be your own special intensity of "not botheredness" that inspires you to do that, oder, spackerinski?:smile::smile::smile:

MsG

PS. Whatever happened to the big pink and green smilies? They were my fayvrits!
What can I say Bugsy? I just like poking spastics.
 
#67
Troo dat. Piss funny when they wig out, the eyes roll back in the head and start hammering away on the mong buttons with the head dobber while drool flecks the screen.

You can always tell when that happens.
 
#71
MSError08.jpg
 
#73

Grownup_Rafbrat

LE
Book Reviewer
#74
Of course not, I speak of our resident German speaker who has an expert opinion about everything and an inverse amount of knowledge.

He speaks German you know?
Ah, verstehe.
 

Grownup_Rafbrat

LE
Book Reviewer
#75
There is no end of expertises that Bugsy can make up, fire arms, drug dealering, mafia intimidator, parachutist, boxer, picture restorer etc you name it, he'll pretend to do it..
He's not the Messiah. He's a very naughty boy.
 
#76
It’s got nothing to do with keeping any red flag flying, Provost, but much more with achieving an optimum on required financial services for the majority of the population.

Read the articles I posted about the federal-state owned bank of North Dakota and how it weathered the financial bust in fine form and is still going strong. There’s nothing to prevent US states, or even whole economies, adopting the same basic banking/financial strategies and methods to ensure a fiscally sound economic future for everyone. The question is why won’t they do it? The answer seems to be that they’ve become so enamoured of the “Capitalist solution” that they see no other way out but to perpetuate it – and in doing so add to/compound the (their) financial problems.

The big banks and financial institutions are absolutely coining it in the present situation. Why else do you think they do everything in their (very impressive lobbying) power to supress the unquestionably positive results state-owned banks could have? They want huge profits! And huge profits are not to be gained if “normal folks” go about their financial occasions. That’s why banks took (and are still taking) so-called QI deposits to speculate on more than questionable financial instruments in the hope of making a “killing”.

The banking system in the western world is out of control and needs to be reminded that it’s primary reason it to serve the population, and not to strive to optimise profits at the sacrifice of “normal folks".

MsG
Bugsy, they say that you give an infinite number of monkeys an infinite number of typewriters, you'll eventually wind up with every work of literature ever written. But give one arsehole a keyboard, and we'll get everything you've ever posted.
 
#79
Directors picked by Blair Government on basis of service to Trade Union movement rather than banking or retail experience. What could possibly go wrong?

See this happening when Corbyn gets in and McDonnell nationalises everything. The likes of Abbott, Ashton, Mandelson and Kinnocks (4) have to be found sinecures....

My bold ... I gave that an "informative", really it should have been a "F**K me thats a horrific thought", mind you I suppose it is the way our "enlightenened" leaders have padded out the HoL in the last couple of decades.
 
#80
Except that Barclays are in Canary Wharf, and therefore under the jurisdiction of the Met.
I wonder how many times he's been holding court with the rest of smelly misfits in the SWP spouting that bollocks?
 

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