Its my View

my view on life and politics, nothing more than that!

Archive for February, 2012

RBS debts threaten the stability of the UK economy

Posted by michael on February 23, 2012

Having just heard a summary of the RBS debts, and how they got into that position in the first place, I would actually want to encourage those people who are obviously working very hard to stop the bank from going bust.

The RBS debt alone is apparently twice the amount owed by Greece and, yes, a lot of the debt is owed by Greece so we won’t get that back!

If we pay peanuts we will get monkeys, and I know that monkeys may well have done a better job if they were running the bank at the time of the boom, but now we need people who can do the job properly and professionally for the sake of all of us!

If the people running RBS at the moment can fix it then we will all benefit and it will be worth the money we have to pay them to do the job properly.

Perhaps we would all feel better about this crisis if those Labour shadow ministers who created this awful mess in the first place had their own pensions and salaries cut to pay towards the financial crisis most of us are suffering from!

Posted in banks, Blogroll, Conservatives, debt, economy, UK Economy | Leave a Comment »

 
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