BN66 - Time to fight back (Chapter 3)

[DonkeyRhubarb]

Don't order your party frock just yet!

Hmm..... Some time ago said you'd buy all the booze at the victory piss up. I am beginning to think you might well regret that. I can't half drink a lot when I try.

The day I buy that first round of drinks will be a very happy one indeed!!!

[SantaClaus]

3 years should be easy : on the other hand it will mean we wont know the outcome for that long.

I'm hoping this whole thing will go on for 10 years, seriously!
Hopefully, the govt. will be bankrupt by then
Also, that length of time is quite possible considering recent ECHR cases.

[Toocan]

Here’s a curiosity. HMRC claim they have to collect tax on the DTA schemes because that is what the law says. If that is the case, how come they have managed to “bend” the rules for RBS? Have a look here.

http://www.iii.co.uk/investment/deta...ail&id=4550905

Also, RBS had paid over £16 billion to the government between 1998 and 2007. That would be worth around £24 billion in today’s money – so if RBS was allowed to follow the rule of the law, and set their losses against past profits, they would not have needed £24 billion of taxpayer funds.

I think a few RBA shareholders would be somewhat upset by that.

Seems like Gordon Brown is far more responsible for the problems with the banks than he’d like to admit.

[poppy01]

also hints from Harriet Harman on the Andrew Marr show that retrospection might be used to claw back Fred the shreds pension. I'm no fan of the bankers, only in they are even more unpopular than us, but what a marvellously powerful tool retrospection is.

Made a mistake with policy!
Missed something out of your legislation!
Don't just grin and bear it...
with Acme Retrospective Legislation all your policy errors can be fixed in a jiffy.. guaranteed a vote winner...free from all ethical and worrisome human rights considerations...

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[Toocan]

also hints from Harriet Harman on the Andrew Marr show that retrospection might be used to claw back Fred the shreds pension. I'm no fan of the bankers, only in they are even more unpopular than us, but what a marvellously powerful tool retrospection is.

I thought what Harman the hatchet said was shocking: that Sir Fred's pension was okay in a court of law, but not in a court of public opinion.

What sort of justice does she believe in?

The Labour party have been in power far too long, the veil of corruption decends ever further.

[poppy01]

I thought what Harman the hatchet said was shocking: that Sir Fred's pension was okay in a court of law, but not in a court of public opinion.

What sort of justice does she believe in?

The Labour party have been in power far too long, the veil of corruption decends ever further.

can we also have government from the court of public opinion too please.
i believe the torys currently have a 106 majority.

no doubt they also approve of lynch mobs.....

[seadog]

One MP, Edward Davey (LibDem) has agreed to take up our cause. He has described the legislation as "immoral".

He wants a list of all MPs who have been written to, and he is going to try and get the LibDem and Tory finance teams to collaborate on this.

If you have written to your MP, can you drop me an email with just the MP's name and party as the Subject eg.

Subject: David Cameron (Con)

Please do this even if you have told me the MPs name before. I will publish the results here in a few days time.

Thanks!

DR

PS. if you and your spouse have written, send me 2 emails

I have written to my MP Helen Southworth (ex Treasury minister) Not had a reply yet.

[seadog]

I thought what Harman the hatchet said was shocking: that Sir Fred's pension was okay in a court of law, but not in a court of public opinion.

What sort of justice does she believe in?

The Labour party have been in power far too long, the veil of corruption decends ever further.

The last Tory goverment was brought down by sleaze it seems likely that this one will be brought down by drowning in it's own spin and incompetance

[phileds]

I quote Harriet Harman, QC (yes, she is unbelievably a Queen's Counsel), from the BBC website (note she also comes from a monied background and had a private school education - you know, typical Labour MP):

"The prime minister has said that [Fred Goodwin's pension] is not acceptable and therefore it will not be accepted," she added.

"And it might be enforceable in a court of law, this contract, but it is not enforceable in the court of public opinion and that is where the government steps in." (my italics)

Yes. Your eyes do not deceive you. Harriet Harman QC thinks there is such a thing as "the court of public opinion" which can sweep away legal contracts.

Now, don't get me wrong, if Fred G or any other senior banker was on fire I wouldn't piss on him - but the idea that the government can just reverse a legally binding contract is very scary coming from a government QC.

What a stupid, stupid, stupid cow. What a stupid, scary government.

[DonkeyRhubarb]

Fred the shred

In my view, he should keep his pension. Tell 'em to f*** off Fred!!! Sue the bastards if they try to take it off you. (I feel another letter coming on )

This Government are just looking for scapegoats. First they blame the "spiv short sellers" for collapsing bank shares, then they blame the boards of directors. I didn't see anyone complaining a couple of years ago (Government, BoE, FSA etc.) when the economy was booming. What are they going to do next? Retrospectively take back all the bonuses paid out over the last 10 years?

I don't know about anyone else but I'm thoroughly sick of hearing that it's all the fault of the banks and no-one else shares any responsibility. When are the Government etc. going to apologise to the British people for their role in this?