RBS to axe jobs and outsource to India

[MrSmith 10]

They didn't buy them through paying tax did they, which would be the only way to make both of your statements correct.

In reality I expect that pension funds bought some bonds, so we're back at everyone having contributed.

 

I didn't say they did buy them through paying tax and not everyone pays into pension funds, so we are back to my original statement in which I said “You could argue that we didn't bail them out” and it is unlikely that any of your tax was used or will be used in the bail out of the banks, both statements being correct.

[I1L2T3 10]

You don't think it’s likely that the rich may have bought the some of the bonds that raised the money to bail out the banks and that it’s unlikely true that the poor all taxpayers bought the bonds that raised the money to bail contributed to bailing out the banks.

 

I tried to fix it for you. It wasn't easy.

 

Gilt auctions do continue as normal and so other institutions, domestic and foreign continue to buy them but he main customer for the bonds (gilts) is the Bank of England. Just last week it announced it was going to buy £50bn worth.

[Cyclone 10]

I didn't say they did buy them through paying tax

That's certainly what you implied with this statement.

 

You could argue that we didn't bail them out, unless you pay a substantial amount in tax it is unlikely that any of your tax was used or will be used in the bail out of the banks.

and not everyone pays into pension funds, so we are back to my original statement in which I said “You could argue that we didn't bail them out”

You still couldn't.

and it is unlikely that any of your tax was used or will be used in the bail out of the banks, both statements being correct.

The latter statement might have been correct, the former one definitely isn't.

[MrSmith 10]

That's certainly what you implied with this statement.

 

 

 

You still couldn't.

The latter statement might have been correct, the former one definitely isn't.

 

We will have to agree to disagree, I am happy in the knowledge that I didn’t contribute to the banking crisis and I know that the tax I pay didn’t contribute to the bail out, however it does sadden me that the next generation may have to pay the money back if the government doesn’t get the money back from the banks.

[I1L2T3 10]

We will have to agree to disagree, I am happy in the knowledge that I didn’t contribute to the banking crisis and I know that the tax I pay didn’t contribute to the bail out, however it does sadden me that the next generation may have to pay the money back if the government doesn’t get the money back from the banks.

 

Of course it does MrSmith. We all contribute.

[Cyclone 10]

Given that the government acts on our behalf the bailout was still on your behalf even if the money didn't come directly from taxation.

[CeeCee 10]

HSBC has axed about half of the IT jobs in Sheffield over the last 4 years and those that are left are busily training up the staff in India! Its not going to get any better is it?

[Balpin 12]

What a measured response. I take it you have a co-op bank account and rent a house from a labour council.

 

If not it makes your comment a tad hypocritical.

 

My account is with one of the most disreputable and unaccountable banks, Bobby's one, what a diamond gezzer, and I own my own house.

 

What way does that make me a hypocrite?

They are still stinking capitalist filth, only more so, as we trapped in their filthy corruption.

 

No wonder Islam is coming on by leaps and bounds, it seems about the only alternative to disaster, since we let the capitalist destroy socialism. (and I dont mean communist USSR btw.)

[tinfoilhat 11]

My account is with one of the most disreputable and unaccountable banks, Bobby's one, what a diamond gezzer, and I own my own house.

 

What way does that make me a hypocrite?

They are still stinking capitalist filth, only more so, as we trapped in their filthy corruption.

 

No wonder Islam is coming on by leaps and bounds, it seems about the only alternative to disaster, since we let the capitalist destroy socialism. (and I dont mean communist USSR btw.)

 

But by staying with barclays all you are doing is feeding the beast. Go to the co-op, go to a credit union. You aren't trapped at all , you are choosing not to move. You are also branding every business, large and small, as filth. I'm a small business and I find that view short sighted and stupid. Capitalism isn't the problem. It's people. It's people like the alleged criminals at barclays and the halfwits who moan that the corner shop has shut down because the asda opened near by, forgetting that a pint of milk once in blue moon won't keep it open and maybe shopping there instead of asda might have been better for the shop.

 

And if you think religion will help you, there will be no shortage of organisations of all faiths queing up to relieve you of your money made in the capitalist system.

[trans 10]

How much does the taxpayer own and we are giving jobs to India.

[Ousetunes 10]

I see our debtor has posted healthy losses of £1.5 billion, half-yearly too!

 

Time to call for our funds to be returned as it is clear the company is trading in an insolvent nature.

 

Let's inform RBS to hand back the loan within fourteen days.

 

Further, RBS's credit rating is too poor; no more borrowing folks until you get your house in order.

 

Finally, a charge of £40 for this letter and 'admin costs'.

[ricgem2002 11]

I see our debtor has posted healthy losses of £1.5 billion, half-yearly too!

 

Time to call for our funds to be returned as it is clear the company is trading in an insolvent nature.

 

Let's inform RBS to hand back the loan within fourteen days.

 

Further, RBS's credit rating is too poor; no more borrowing folks until you get your house in order.

 

Finally, a charge of £40 for this letter and 'admin costs'.

whoops looks like we losing out again https://www.bbc.co.uk/news/business-45500384