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#4
01-11-2011
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how much?
How much do they owe you?
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#6
01-11-2011
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It's not our money, that's quite safe in the bank you left it in. The Government didn't buy things from the banks using our money either. The problem is people who borrowed money from the banks and couldn't pay it back. Banks tied up these loans in complex financial instruments, traded them and then found they were worthless. If the Government had let the banks go bust, they would have taken our money with them.
As a taxpayer you haven't given any money to the banks, you have made them a loan on favourable terms in order to ensure that you don't lose the money you have deposited with them. The banks have to pay back that money, with interest. As a taxpayer, you are paying more because overall this country is paying less tax as we are buying less, being paid less and more people are out of work; and yet we still have a country to run. The biggest 'crime' is the way companies pay a pittance in tax. If you are concerned about what you are having to pay and want them to pay their share, stop going to Tesco (22% tax rate) Vodafone (avoided a £4bn bill on the purchase of Mannesman) and scores of other companies avoid tax on an industrial scale. Google it! We have borrowed huge amounts from others (via Government bonds) and eventually this has to be paid back, with interest. You can buy Government bonds and earn interest if you like - the UK's bonds are still one of the safest around. What money of yours do you think they have that they owe you? All the people I know have not lost a penny to the banks. 
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#7
01-11-2011
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I thought the uk tax payer bailed the banks!
and while I am at it why are uk service providers like British gas putting up utility bills all the time then recording massive record profits when we lose 27 thousand oaps a year due to the cold and not being able to heat their homes?
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#8
01-11-2011
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As Slowone said, we loaned them the money at favourable rates or became majority shareholders. In future those shares can be sold back to recoup the money with interest.
If either of those scenarios counts as a bailout then yes the govt did  Because they are not charities but businesses and have shareholders to answer to Because the state pension is too low Because people didn't save into their own pension as they trusted the state to look after them, etc, etc
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#9
01-11-2011
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Who's loaning the struggling small businesses at a favourable rate to stop them going under?
Any one been to the hospitals recently? They are a joke? The staff are all mega maxed out! Where I live it takes 5 hours to get seen at a&e
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#10
01-11-2011
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They will be in breech of their targets then Scott, as A&E has a 4 hour wait!
The NHS is struggling with the imposed savings at present, but like all enormous nationalised companies there is always a large amount of inefficiency through years of stagnation. It's just a case of reviewing things to find better practices and cut out waste and expensive contractors!
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4wd - X4TE 2wd - X2C (Mad Rat passed down to son!) Ansmann Racing UK RIP - MicroTech Racing Trader Feedback
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#11
01-11-2011
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Quote:
This is the problem with economies, being as everyone sees a way they should be getting something on the cheap - despite the reality that EVERYTHING costs. It's like this discussion I was having with a chap a while back, because he thought the dirt road he lived on (chose to live on) should be paved - because he paid taxes. I asked him who should pay for the paving, and he thought the city or the government should - like for the paving of any other roadway through town. And I couldn't get him to wrap his head around the idea that if every road, that had one or two people living on it (like his own), was paved that the treasury would be broke in a matter of months. Everybody wants everything, but nobody pays enough in taxes for everything to be done to their own personal liking.....  Damn I despise discussing politics.
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#12
01-11-2011
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this is quite interesting on banking and finance
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#13
01-11-2011
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Actually kayce me and my wife pay an above the average amount of tax not that that's got anything to do with anything. How does that make me want stuff for nothing?
And as for the road example I live on a private road that we own and we pay for it and it's the nicest in the area lol I am interested cause am sick of everytime the tv or radio are on,, all we here is cutbacks and credit crunch! Who ever has this money needs to be made accountable for this shite that good hard working people are experiencing 
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#16
01-11-2011
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Quote:
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#17
01-11-2011
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Cheers pro4nut I missed that bit
Kayce...... Obviously My tax pays for my health care you nob! Oh and that's proper English pounds ( hence the thread title )not dollars, do dollars even still exist? Thought there were none left lol
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#18
01-11-2011
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Quote:
And, according to what I read, you're not paying 25% - people like to say they are, but they aren't. Quote:
Dollars, pounds, euros, what-ever.
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#19
01-11-2011
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It covers everything you tit
This isn't stupid America Simple logic tell me that you don't know what planet you are on..... Uranus I recon Lots don't have a job.... So can't spend money or pay taxes...so more company's fold etc
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#20
01-11-2011
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Quote:
Who said anything about America? Simple logic, and the name of this thread, tells me you haven't even figured out the correct target for your anger.  Call them stupid if you must, but last time I was in America I didn't have to wait 4 hours for treatment at the hospital either.
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