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."

http://i.dailymail.co.uk/i/pix/2008/...x523_popup.jpg

You contradict yourself retard.

How, moron?

Covert cartel, covert nationalization, covert politics.

Welcome to the Anglo-Saxon financial industry.

One World Order is coming soon!

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.

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?

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. :2 cents:

Don't backtrack faggot. You got it wrong and you have got to admit that.

FED + Bank of England + ECB = Axis of evil. :winkwink:

Private and independent, my a$$. That's why the staff is nominated by government officials. :1orglaugh

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.

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.

you know, you have a point. But there still is levels of acceptable/required government influence.

Thats because people are too scared, lazy, stupid or complacent to do anything.

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.

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.

http://www.equilibriumfans.com/Equil...ianBale)MD.jpg

I think a finger got cut off last year