Reply to: 'Fairy godmother' taxpayer faces funding £200bn British bail-out for greedy bankers

[BrilloPad]

http://www.creditaction.org.uk/feb.html

£1,185bn

So 15% of mortgage debt going down the pan? Or does the 200bn cover other debts too?

[BrilloPad]

No, I don't hate the city. I'd tell you whom I really hate but I don't want to get Po-210 into my tea

SG has got access to Po-210?

[Cyberman]

All of those greedy banks should be allowed to go bust.

[AlfredJPruffock]

Its not only a matter o paying everyone’s mortgage, there are also other factors to consider, e.g. employment and commercial factors, if there is no banks, there is no business, there is no jobs, the few remaining banks would dominate the market, unemployed people and surviving business, would be charged loads more, they may have a roof over their head, but they still need the jobs. Also they wont be able to sell their house to move on as no one is able to buy a house or get a mortgage…i.e. the whole wheel would come into a grinding holt.

What I want to know is - who owns the Central Bank ?

[Bob Dalek]

yep best thing to do is Yawn

You've been drinking, I see.

[Board Game Geek]

http://www.creditaction.org.uk/feb.html

Thanks Dim !

That site is simply mind-blowing....

[OwlHoot]

ATW, change the record, this is getting very boring. I think it is fair to say everyone on here knows you hate the city....

and the LHC

[AtW]

I think it is fair to say everyone on here knows you hate the city....

No, I don't hate the city. I'd tell you whom I really hate but I don't want to get Po-210 into my tea

[SandyDown]

Yawn!

yep best thing to do is Yawn

[DimPrawn]

Its not only a matter o paying everyone’s mortgage, there are also other factors to consider, e.g. employment and commercial factors, if there is no banks, there is no business, there is no jobs, the few remaining banks would dominate the market, unemployed people and surviving business, would be charged loads more, they may have a roof over their head, but they still need the jobs. Also they wont be able to sell their house to move on as no one is able to buy a house or get a mortgage…i.e. the whole wheel would come into a grinding holt.

Yawn!

[SandyDown]

Its not only a matter o paying everyone’s mortgage, there are also other factors to consider, e.g. employment and commercial factors, if there is no banks, there is no business, there is no jobs, the few remaining banks would dominate the market, unemployed people and surviving business, would be charged loads more, they may have a roof over their head, but they still need the jobs. Also they wont be able to sell their house to move on as no one is able to buy a house or get a mortgage…i.e. the whole wheel would come into a grinding holt.

[aceboy]

ATW, change the record, this is getting very boring. I think it is fair to say everyone on here knows you hate the city....

[DimPrawn]

Interesting idea..I wonder what the total mortgage of the population of the UK (for homes in the UK) currently stands at ?

http://www.creditaction.org.uk/feb.html

£1,185bn

[Board Game Geek]

Wouldnt it be cheaper to pay off everyones mortgage and let the banks go bust?

Interesting idea..I wonder what the total mortgage of the population of the UK (for homes in the UK) currently stands at ?

[The Lone Gunman]

Wouldnt it be cheaper to pay off everyones mortgage and let the banks go bust?