Let the free market rip!

[TimberWolf]

Well I rather object to my admittedly not very hard earned money being used to bail out the profligate people who’ve always lived beyond their means.

Ah well, that's capitalism.

[Bagpuss]

Are there that many savers who have lost everything?
I'm sorry but people who put their money in Icelandic banks offering huge interest rates are guilty of not heeding the cardinal rule of money: "nothing's free, if it seems too good to be true, it certainly is"

And you do not look for the best deals? The Icelandic banks were not offering that much more than the other banks

[Scotchpie]

savers should lose their money as borrows should lose their debts.

So those of us who have lived within our means should loose it all while those who racked up huge credit card debt should get off scott free?

For example according to your viewpoint a family who have lived prudently, do not have credit cards and only bought what they could afford should loose everything, whilst some selfish bast'd of a chav gets to keep everything?

[DimPrawn]

So those of us who have lived within our means should loose it all while those who racked up huge credit card debt should get off scott free?

For example according to your viewpoint a family who have lived prudently, do not have credit cards and only bought what they could afford should loose everything, whilst some selfish bast'd of a chav gets to keep their plasma TV's. flash cards and big houses, which, incidently, they probably had no intention of paying for when they bought them?

Sounds like a Labour policy in the making.

Savings are theft Comrade.

[DiscoStu]

Would you have sex with any of them first?

Only Caroline Flint. Phwooar!

sasguru

[Cheshire Cat]

So those of us who have lived within our means should loose it all while those who racked up huge credit card debt should get off scott free?

For example according to your viewpoint a family who have lived prudently, do not have credit cards and only bought what they could afford should loose everything, whilst some selfish bast'd of a chav gets to keep everything?

lose

[d000hg]

OK, but how about the savers who've lost everything? Do they have to start all over again?

Does letting the bank go bust imply all their portfolio is destroyed?

[Chugnut]

So those of us who have lived within our means should loose it all while those who racked up huge credit card debt should get off scott free?

For example according to your viewpoint a family who have lived prudently, do not have credit cards and only bought what they could afford should loose everything, whilst some selfish bast'd of a chav gets to keep everything?

I like how you quoted a post with the correct spelling of "lose" but typed "loose" yourself. Twice.

Nice one.

HTH

[Mich the Tester]

Does letting the bank go bust imply all their portfolio is destroyed?

Not if the savings are guaranteed.

[Platypus]

I have been doing a lot of thinking recently and have come to conclusion that all these bailouts etc. are merely postponing the inevitable.

No tulip Sherlock !

I expect better from sas. It took you "a lot" of thinking to come up with this brainwave?