Because governments are rubbish at business. They literally couldn't organize a piss up in a brewery.Why won't the government just lend it out directly to the companies and just cut the greedy fatcat middle men out altogether?
Re: The continuing battle against the inevitable Euro area default
Because governments are rubbish at business. They literally couldn't organize a piss up in a brewery.Why won't the government just lend it out directly to the companies and just cut the greedy fatcat middle men out altogether?
There are times I wish they’d just ban everything- baccy and beer, burgers and bangers, and all the rest- once and for all. Instead, they creep forward one apparently tiny step at a time. It’s like being executed with a bacon slicer.
“Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedy.”
To learn who rules over you, simply find out who you are not allowed to criticise.
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Re: The continuing battle against the inevitable Euro area default
Originally Posted by InsaneApache
Also - I'm pretty sure it contravenes several EU treaties on fair competition, otherwise I am quite sure they WOULD be doing it by now.
Government is quite capable of acting if it means not losing the election - and the current lot know they can't win with the economy tanked.
"If it wears trousers generally I don't pay attention."
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Re: The continuing battle against the inevitable Euro area default
Who created the GFC? Government or Private Banks?
All I've seen so far is private companies over extend themselves leaving taxpayers to pick up the droppings of the banks risk taking.
Privatization of infrastructure does not always equal a better value proposition.
As seen with the too big to fail corporations. Inefficiencies scale regardless of the label being government or company. These problems get worse with burecracy and a lack of transparency & accountability.
How many of the decision makers in private industry caused this mess ended up with golden parachutes or are still in the game making bonuses on taxpayer insured decisions?
Our genes maybe in the basement but it does not stop us chosing our point of view from the top.
Pape for global overlord!!
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