Comments on: John Redwood’s contribution to the Banking Bill http://johnredwoodsdiary.com/2009/02/11/john-redwoods-contribution-to-the-banking-bill/ Incisive and topical campaigns and commentary on today's issues and tomorrow's problems Thu, 24 May 2012 13:47:51 +0000 hourly 1 By: mike stallard http://johnredwoodsdiary.com/2009/02/11/john-redwoods-contribution-to-the-banking-bill/#comment-11212 mike stallard Fri, 13 Feb 2009 05:33:59 +0000 http://www.johnredwoodsdiary.com/?p=2882#comment-11212 Do you ever feel like Cicero? He was a man who believed passionately in the Roman Republic. He fought tooth and nail for it. Of course, as we know now, he was out of his time: the Republic was doomed and had been so for a century. I reckon that if David Cameron cannot restore the "Public Thing" that we too are pretty well doomed to an eternity of Labour/EU Socialist dictatorship, incompetence and sleaze with no way of ever getting rid of the professionals in charge and no way of checking up or controlling their merry antics. Meanwhile, as Winston Churchill is meant to have said, please do keep b*****ing on! Do you ever feel like Cicero?
He was a man who believed passionately in the Roman Republic. He fought tooth and nail for it. Of course, as we know now, he was out of his time: the Republic was doomed and had been so for a century.
I reckon that if David Cameron cannot restore the “Public Thing” that we too are pretty well doomed to an eternity of Labour/EU Socialist dictatorship, incompetence and sleaze with no way of ever getting rid of the professionals in charge and no way of checking up or controlling their merry antics.
Meanwhile, as Winston Churchill is meant to have said, please do keep b*****ing on!

]]> By: Rob N http://johnredwoodsdiary.com/2009/02/11/john-redwoods-contribution-to-the-banking-bill/#comment-11211 Rob N Thu, 12 Feb 2009 08:32:57 +0000 http://www.johnredwoodsdiary.com/?p=2882#comment-11211 John, Here's some more information to use that elaborates on the Governments current plans and how bad it could turn out. http://www.businessinsider.com/2009/2/how-not-to-trigger-great-depressions John,

Here’s some more information to use that elaborates on the Governments current plans and how bad it could turn out.

http://www.businessinsider.com/2009/2/how-not-to-trigger-great-depressions

]]> By: THE ESSEX BOYS http://johnredwoodsdiary.com/2009/02/11/john-redwoods-contribution-to-the-banking-bill/#comment-11210 THE ESSEX BOYS Wed, 11 Feb 2009 23:02:32 +0000 http://www.johnredwoodsdiary.com/?p=2882#comment-11210 After the revelations about Sir James it seems the PM's aversion to due diligence extends to key advisors as well as behemoth banks! With more and deeper incompetence coming to light every week we can well see why Harry above thinks that 'incompetence' might in fact be 'conspiracy'. As a wise ol' fella in the pub said to us the other day.. "If all this fiddling and deviousness is stuff we know about, just think of what's going on that we'll never find out!" After the revelations about Sir James it seems the PM’s aversion to due diligence extends to key advisors as well as behemoth banks!

With more and deeper incompetence coming to light every week we can well see why Harry above thinks that ‘incompetence’ might in fact be ‘conspiracy’.

As a wise ol’ fella in the pub said to us the other day..

“If all this fiddling and deviousness is stuff we know about, just think of what’s going on that we’ll never find out!”

]]> By: Harry Fredericks http://johnredwoodsdiary.com/2009/02/11/john-redwoods-contribution-to-the-banking-bill/#comment-11209 Harry Fredericks Wed, 11 Feb 2009 15:51:06 +0000 http://www.johnredwoodsdiary.com/?p=2882#comment-11209 Mr Redwood. I would not offer any more money to the banks. Not a penny. Not even a farthing (I rather liked farthings). This is not proper government, surely that is obvious to all. We have here a Government that likely colluded in the massive debt build up. In any event a German economic team that carried out an investigation on Gords' Golden economic miracle the year before pointed out that it was more of an economic "Mirage" than a "Miracle". The same team put the debt figure at 1.3 trillion. So it was in the open, yet no action was taken. We now learn that Gords' bosom buddy Sir James Corby was warned of the risks being taken. Once again no action taken beyond sacking the upstart that dared to raise the alarm. I put it to you that is in no wise Incompetence. It is something else. Conspiracy?... Quite possibly so. Either way the BoE must be taken into public ownership. There is no argument extant any longer to give credence to the argument that having the BoE in private hands is beneficial. It would be a wonderful idea to enact the "Monetary Reform Act". REPLY The Bank of England is in public ownership The times of a few individuals enjoying endless wealth on the backs of productive workers is past. End the National Debt crisis, which forces nations into eternally paying interest on debt without ever gaining solvency. Operating has benefits only for the Bankers and the insiders. Mr Redwood. I would not offer any more money to the banks. Not a penny. Not even a farthing (I rather liked farthings). This is not proper government, surely that is obvious to all. We have here a Government that likely colluded in the massive debt build up. In any event a German economic team that carried out an investigation on Gords’ Golden economic miracle the year before pointed out that it was more of an economic “Mirage” than a “Miracle”. The same team put the debt figure at 1.3 trillion. So it was in the open, yet no action was taken. We now learn that Gords’ bosom buddy Sir James Corby was warned of the risks being taken. Once again no action taken beyond sacking the upstart that dared to raise the alarm.

I put it to you that is in no wise Incompetence. It is something else. Conspiracy?… Quite possibly so.

Either way the BoE must be taken into public ownership. There is no argument extant any longer to give credence to the argument that having the BoE in private hands is beneficial.

It would be a wonderful idea to enact the “Monetary Reform Act”.

REPLY The Bank of England is in public ownership

The times of a few individuals enjoying endless wealth on the backs of productive workers is past. End the National Debt crisis, which forces nations into eternally paying interest on debt without ever gaining solvency. Operating has benefits only for the Bankers and the insiders.

]]> By: Mark Wadsworth http://johnredwoodsdiary.com/2009/02/11/john-redwoods-contribution-to-the-banking-bill/#comment-11208 Mark Wadsworth Wed, 11 Feb 2009 13:52:31 +0000 http://www.johnredwoodsdiary.com/?p=2882#comment-11208 Call me old fashioned as well! Banks can be fixed by debt-for-equity swaps, demergers, by setting up New Good Banks and turning the old ones into closed funds etc etc. (click link for summary) anything has got to be better than bail-outs. Call me old fashioned as well! Banks can be fixed by debt-for-equity swaps, demergers, by setting up New Good Banks and turning the old ones into closed funds etc etc. (click link for summary) anything has got to be better than bail-outs.

]]> By: oldrightie http://johnredwoodsdiary.com/2009/02/11/john-redwoods-contribution-to-the-banking-bill/#comment-11207 oldrightie Wed, 11 Feb 2009 11:52:58 +0000 http://www.johnredwoodsdiary.com/?p=2882#comment-11207 A refreshing sight to observe genuine and informed debate but this does not suit Government spin meisters, whose only care is for soundbite politics and sod The Country. A refreshing sight to observe genuine and informed debate but this does not suit Government spin meisters, whose only care is for soundbite politics and sod The Country.

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