Osbornes latest

[andyofborg]

My Mothers side have been Yorkshire since the Ice Age ended.

My Grandfather was a Sligo man

When he came over it was before partition, it was in 1895 I believe.

So we have been here since Adam was a Lad.

I am a Yorkshireman to my bones.

 

so you are still a newcomer then

[I1L2T3]

The problem with the credit easing is it subverts the role of government. It is the government underwriting risk where the banks won't take it on. Banks are clever - the money will not be on the table for a reason so why should the taxpayers foot the eventual bill for loan defaults? It also sends a message to the banks that in future difficult times they can plan to socialise risks and losses in business lending.

 

This is a seriously misguided intervention in the market and a clear admission that the government has no control at all over the banks. Banking is simply not a free market. The market is massively distorted in favour of the banks at our expense.

[I1L2T3]

He is very clever though, and posts as if he has knowledge and authority.

 

Surely some mistake

 

[upinwath]

My Mothers side have been Yorkshire since the Ice Age ended.

My Grandfather was a Sligo man

When he came over it was before partition, it was in 1895 I believe.

So we have been here since Adam was a Lad.

I am a Yorkshireman to my bones.

 

You're of foreign stock.

I wonder if the BNP or EDL members here know they have a half breed on the forum.

You only claim to be Yorkshire in an attempt to fit in but you'll always be a foreigner according top your extremist pals.

[Balpin]

so you are still a newcomer then

 

Not at all.

Remember what country the duke of boot was born.

Because a dog was born in a stable, does not make it a horse.

[Anna B]

And my Dad's bigger than your Dad....

 

Boys, boys, can we have a civilised discussion please, no name calling.

[sccsux]

if they want a successful manufacturing sector they should wherever possible buy british produced goods

 

Hardly anything that is required by life today isn't mad in the UK any more (or is far more expensive than its foreign counterparts).

 

My Mothers side have been Yorkshire since the Ice Age ended.

 

I seriously doubt that (mainly due to the fact that we are still in the ice age and there were no humans around when the one before occurred).

[Balpin]

Hardly anything that is required by life today isn't mad in the UK any more (or is far more expensive than its foreign counterparts).

 

 

 

I seriously doubt that (mainly due to the fact that we are still in the ice age and there were no humans around when the one before occurred).

 

That was meant as a joke, sccux, you know, indicating that we are are Yorkshire as they come.

[tinfoilhat]

Hardly anything that is required by life today isn't mad in the UK any more (or is far more expensive than its foreign counterparts).

 

 

 

I seriously doubt that (mainly due to the fact that we are still in the ice age and there were no humans around when the one before occurred).

 

We make cars (for others) we actually make the vast majority of scalpels in this country (I heard it on how it's made or something - can't find a link anywhere else ).

[Vague_Boy]

I know this will be a load of crap.

 

I would agree, but Ed Balls apparently does not.

 

Separately, Mr Balls said Labour would look at proposals for a National Investment Bank for small companies, tackling what he said were “market failures” in small business lending.

LINK

 

Hmmm. a "National Investment Bank", would that perchance be run (and funded) by the government?

 

And the difference between this and Osborne's plan is....?