Fat Pensions, Loans and Mortgages

  • Alan Mauritius
  • 03/11/08 31/05/09
  • a depositor
  • Offline
Posted: Sat, 28/02/2009 - 04:53

Our Prime Minister seems to be very concerned about clawing back some of the huge pensions given to the bosses of failed banks. He, of course, knows that most of the UK are behind him in this!

He is also very keen to get banks lending again and to encourage healthy mortgages. Also a very popular theme which goes down well with the voters in the UK.

What puzzles me is that very little is said about the backbone of banking, which I always presumed was the deposits made by SAVERS. There seems to be little reward given to those people who have planned their lives in order that they may put something in a deposit account ready for a 'rainy day'!

Some of those savers have even had there savings stolen from them!!

Could the London Team make something of the above points and get some interest from the Press...it may make 'Good Copy'!!

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@Alan Mauritious: In these straigthened times..........

  • follow_the_tao
  • 11/10/08 31/05/09
  • a depositor
  • Offline
  • Sat, 28/02/2009 - 06:01

There is a lot of debate about of debate about the cost for responsible savers, those that sensed that we were within a bubble and a set of ponzi schemes.
But the G7/G8/Gn appear to be locked in the belief that they have no choice but to reflate. Another bubble?
We are thus sacrificed.
Thw only thing we can do is fight.
And the fight with the IoMG and HMG is one such struggle.
May we prevail.