rich5315 Posted November 27, 2011 Share Posted November 27, 2011 How can the government say "things are ok theres no recession, They bailed the banks out, now there going to bail private companies out to the tune of 40 billion! they tell us companies are expanding and taking a new labour force on its all clap trap!!! how can a company be doing well if its got to be bailed out, wages at an all time low!!! its because theres nothing in the order book havent they learned from the banks no orders no workforce!!! http://uk.news.yahoo.com/osborne-help-businesses-commuters-043741537.html Who they trying to kid!!! Link to comment Share on other sites More sharing options...
ricgem2002 Posted November 27, 2011 Share Posted November 27, 2011 and people slagged labour off for doing similiar ? Link to comment Share on other sites More sharing options...
rich5315 Posted November 27, 2011 Author Share Posted November 27, 2011 im not saying which party is better im saying why wont they tell us the truth, 30 million people get up for work in a morning and put there best effort in!!! why whats it all about then? so the company directors can take there 100ft yachts to monaco and park them in the harbour so they can watch the monoco f1 gp? you take aday off and your nearly sacked!!! Link to comment Share on other sites More sharing options...
ANGELFIRE1 Posted November 27, 2011 Share Posted November 27, 2011 im not saying which party is better im saying why wont they tell us the truth, 30 million people get up for work in a morning and put there best effort in!!! why whats it all about then? so the company directors can take there 100ft yachts to monaco and park them in the harbour so they can watch the monoco f1 gp? you take aday off and your nearly sacked!!! Aye, it's a rough old world, that is a fact. Regards Angel. Link to comment Share on other sites More sharing options...
Gordonb Posted November 27, 2011 Share Posted November 27, 2011 So if the condems are going to underwrite the loans directly with industry is this their way of cutting out the banks from the equation? Link to comment Share on other sites More sharing options...
Grandad.Malky Posted November 27, 2011 Share Posted November 27, 2011 and people slagged labour off for doing similiar ? The difference being that labour wanted to fund public building projects like roads, schools and hospitals …………. True to form our Tory friends want to line the pockets of private firms. Link to comment Share on other sites More sharing options...
Vague_Boy Posted November 27, 2011 Share Posted November 27, 2011 How can the government say "things are ok theres no recession" Is that what they're saying. From the last few days: Osborne warns Britain faces six more years of misery [27 November] Tories join calls for tax cuts to avoid recession [24 November] David Cameron: our plan to cut debt is failing [21 November] The problem with making up "facts" to suit your argument is that someone like me will come along and point out that you're talking utter nonsense. and people slagged labour off for doing similiar ? Quite rightly so, although I suspect that some on here who are now criticizing the Coalition were perhaps not *quite* so vocal in their condemnation a few years ago. im not saying which party is better im saying why wont they tell us the truth You want the truth? From politicians. Oh please! Link to comment Share on other sites More sharing options...
wednesday1 Posted November 27, 2011 Share Posted November 27, 2011 Is that what they're saying. From the last few days: Osborne warns Britain faces six more years of misery [27 November] Tories join calls for tax cuts to avoid recession [24 November] David Cameron: our plan to cut debt is failing [21 November] The problem with making up "facts" to suit your argument is that someone like me will come along and point out that you're talking utter nonsense. Quite rightly so, although I suspect that some on here who are now criticizing the Coalition were perhaps not *quite* so vocal in their condemnation a few years ago. You want the truth? From politicians. Oh please! That's rich coming from you Baaaaarnsley Bill, with your 'Tax-Payers Alliance' and David Icke agenda. Let he who is withou sin...................... Link to comment Share on other sites More sharing options...
I1L2T3 Posted November 27, 2011 Share Posted November 27, 2011 The OP alluded to this but what most companies need is more customers and orders not more debt. If companies are taking on debt underwritten by the government and the key difference is the debt is 1% cheaper than a bank would offer then many of those companies are probably not viable anyway - the decision of the banks not to lend at 1% extra reflects that. It ceases to be about unlocking capital but rather about the risk and debts of private firms being underwritten by the taxpayer. It was wrong when Labour did it for the banks. This is wrong too. Link to comment Share on other sites More sharing options...
andyofborg Posted November 27, 2011 Share Posted November 27, 2011 The OP alluded to this but what most companies need is more customers and orders not more debt. however some companies need to borrow money to buy new equipment or raw materials in order to get more customers and orders. the scheme is not a bail out, it is the government underwriting some loans to some businesses Link to comment Share on other sites More sharing options...
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