Nationalization of the financial industry in the UK too

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  • xmas13
    Confirmed User
    • Dec 2004
    • 5176
    #1

    Nationalization of the financial industry in the UK too

    After the quasi-nationalization in the US of mortgage giants Freddie Mac, Fannie Mae, insurance giant AIG, here comes the UK government-sponsored merger of Halifax and Lloyds.

    http://www.dailymail.co.uk/news/arti...0-Britons.html

    "Joining the two gives the new company 39 million account holders, 30 per cent of all mortgages and 35 per cent of all savers' cash."

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    • scottybuzz
      Too lazy to set a custom title
      • May 2006
      • 14799
      #2
      You contradict yourself retard.
      $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

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        • xmas13
          Confirmed User
          • Dec 2004
          • 5176
          #3
          Originally posted by scottybuzz
          You contradict yourself retard.
          How, moron?

          Covert cartel, covert nationalization, covert politics.

          Welcome to the Anglo-Saxon financial industry.
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            • TheSenator
              Too lazy to set a custom title
              • Feb 2003
              • 13330
              #4
              One World Order is coming soon!
              ISeekGirls.com since 2005

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                • xmas13
                  Confirmed User
                  • Dec 2004
                  • 5176
                  #5
                  You are getting ass raped by your government, and you are not doing anything. British exodus highest level in the past 50 years. What the hell. Cowards. You rather move out to Australia than stand up against a bunch of fags in London driving mini-cars.
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                    • xmas13
                      Confirmed User
                      • Dec 2004
                      • 5176
                      #6
                      I think I'm not the only one sick of English finance/petroleum politics. Millions of refugees abroad, millions of families ass raped at home. Jeez. For whom? A bunch of fags in tower glasses between New York and London?
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                        • xmas13
                          Confirmed User
                          • Dec 2004
                          • 5176
                          #7
                          The English themselves are fed up, over half polled would emigrate if given the chance. Wake up.
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                            • buzzy
                              Confirmed User
                              • May 2007
                              • 2606
                              #8
                              Originally posted by xmas13
                              The English themselves are fed up, over half polled would emigrate if given the chance. Wake up.
                              Yeah but only because of the weather really.

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                                • scottybuzz
                                  Too lazy to set a custom title
                                  • May 2006
                                  • 14799
                                  #9
                                  Originally posted by xmas13
                                  How, moron?

                                  Covert cartel, covert nationalization, covert politics.

                                  Welcome to the Anglo-Saxon financial industry.
                                  Don't backtrack faggot. You got it wrong and you have got to admit that.
                                  $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

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                                    • xmas13
                                      Confirmed User
                                      • Dec 2004
                                      • 5176
                                      #10
                                      FED + Bank of England + ECB = Axis of evil.

                                      Private and independent, my a$$. That's why the staff is nominated by government officials.
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                                        • xmas13
                                          Confirmed User
                                          • Dec 2004
                                          • 5176
                                          #11
                                          If authorities told ya to merge your company A with company B, how independent would you be? Think about it. That's how things are done in China, Russia. Usually it's a gangster or a state official behind the "offer you can't refuse".
                                          Last edited by xmas13; 09-18-2008, 08:18 AM.
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                                            • roly
                                              Confirmed User
                                              • Aug 2002
                                              • 1844
                                              #12
                                              Originally posted by xmas13
                                              If authorities told ya to merge your company A with company B, how independent would you be? Think about it. That's how things are done in China, Russia. Usually it's a gangster or a state official behind the "offer you can't refuse".
                                              lloyds would have loved to have bought halifax in the past anyway, but in normal circumstances wouldn't be allowed because of competition rules. the only thing the government has done is to say that they will allow this merger to go ahead rather than risk seeing hbos sink. what has that got to do with nationalisation?

                                              the governement nationalised a building society called northrern rock earlier in the year though.
                                              Last edited by roly; 09-18-2008, 08:26 AM.

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                                                • xmas13
                                                  Confirmed User
                                                  • Dec 2004
                                                  • 5176
                                                  #13
                                                  State officials, through their central banks, made loans that would not be repaid.

                                                  Now the victims (private commercial enterprises) are defaulting on their obligations, and the state has acquired overnight considerable leverage over private business.
                                                  Last edited by xmas13; 09-18-2008, 08:30 AM.
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                                                    • roly
                                                      Confirmed User
                                                      • Aug 2002
                                                      • 1844
                                                      #14
                                                      Originally posted by xmas13
                                                      State officials, through their central banks, made loans that would not be repaid.

                                                      Now the victims (private commercial enterprises) are defaulting on their obligations, and the state has acquired overnight considerable leverage over private business.
                                                      well in the case of the UK, you haven't got a clue.

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                                                        • _Richard_
                                                          Too lazy to set a custom title
                                                          • Oct 2006
                                                          • 30989
                                                          #15
                                                          Originally posted by xmas13
                                                          If authorities told ya to merge your company A with company B, how independent would you be? Think about it. That's how things are done in China, Russia. Usually it's a gangster or a state official behind the "offer you can't refuse".
                                                          you know, you have a point. But there still is levels of acceptable/required government influence.

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                                                            • pornguy
                                                              Too lazy to set a custom title
                                                              • Mar 2003
                                                              • 62910
                                                              #16
                                                              Originally posted by xmas13
                                                              The English themselves are fed up, over half polled would emigrate if given the chance. Wake up.
                                                              Thats because people are too scared, lazy, stupid or complacent to do anything.
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                                                                • xmas13
                                                                  Confirmed User
                                                                  • Dec 2004
                                                                  • 5176
                                                                  #17
                                                                  It's not Adam Smith invisible hand, it's the one of Big Government advocates.

                                                                  More centralization, more indirect taxes, for more control. Those guys are control freaks.

                                                                  You will see.
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                                                                    • xmas13
                                                                      Confirmed User
                                                                      • Dec 2004
                                                                      • 5176
                                                                      #18
                                                                      The borders are wide-open by choice, officials feign incompetence. Unelected bureaucrats run day-to-day operations and they don't give a shit about what you want.

                                                                      Last edited by xmas13; 09-18-2008, 08:53 AM.
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                                                                        • ADL Colin
                                                                          Too lazy to set a custom title
                                                                          • Feb 2001
                                                                          • 11929
                                                                          #19
                                                                          Originally posted by xmas13
                                                                          It's not Adam Smith invisible hand
                                                                          I think a finger got cut off last year


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