Author Topic: Tory Bribes?  (Read 1011 times)

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Offline Steve Wakefield

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Tory Bribes?
« on: February 21, 2010, 11:06:56 AM »
According to the Times the Tories want to sell shares to people as poll divides.

Great Tory idea, sell people shares in the banks they already own. Where does Osborne get his ideas from? It is just more Bribes and corruption from tories sorry tory sweetners like the right to buy and the shares sell off. Still that is my view what do theres think?

Osborne says it is to help families on modest incomes to have the opportunity to own shares, but George we already own em, why don't you just divy them up like some labour co-operative scheme? Stop pratting playing about.


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robert feal-martinez

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Re: Tory Bribes?
« Reply #1 on: February 21, 2010, 11:19:23 AM »
According to the Times the Tories want to sell shares to people as poll divides.

Great Tory idea, sell people shares in the banks they already own. Where does Osborne get his ideas from? It is just more Bribes and corruption from tories sorry tory sweetners like the right to buy and the shares sell off. Still that is my view what do theres think?

Osborne says it is to help families on modest incomes to have the opportunity to own shares, but George we already own em, why don't you just divy them up like some labour co-operative scheme? Stop pratting playing about.

I agree let every one have a 'share', with a no sell for 10 years rule, the time we are told that it will be that we come from under these debts

I am afraid the Tories are going no where fast at the moment.

Offline Richard Symonds

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Re: Tory Bribes?
« Reply #2 on: February 21, 2010, 11:24:42 AM »
Osbourne is barking and this is the final straw.  My poor old Auntie now 81 worked at the Westminster Bank which became Natwest all her working life and as a single lady bought shares.  She even tried to seduce me into joining her there, but now the shares are worthless thanks to Gordons mate Fred the Shred of RBS fame and now Osbourne wants to make sure they remain so.  I give up where did this idiot study his economics or has he adopted the on the hoof policies dictated by the heir to Blair one David Cameron.

They are no more fit for government than labour but the difference is you will know what you will get with labour with the Tories anything could happen.

This really frightens me.

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Offline komadori

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Re: Tory Bribes?
« Reply #3 on: February 21, 2010, 11:45:17 AM »
Great Tory idea, sell people shares in the banks they already own. Where does Osborne get his ideas from?
From the back-catalogue of 1980s policies, as you've noted.

like the right to buy and the shares sell off.

Osborne says it is to help families on modest incomes to have the opportunity to own shares, but George we already own em, why don't you just divy them up like some labour co-operative scheme?
Because there are debts to be paid? Giving the shares away would still leave us with Mr Brown's stonking debt to pay off. Having said that, my recollection from the '80s is that when the government sold shares to the public, they were heavily undervalued. So as a economic idea, it's crass; as a political manoeuvre, it might not play too badly with those young enough not to remember what happened last time this was tried.
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Offline Mart

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Re: Tory Bribes?
« Reply #4 on: February 21, 2010, 01:35:13 PM »
Mmmmm.

I am no financial whizz but given that the public 'own' the banks (well, the red bits on the balance sheet anyway) thanks to  Punchy Gordnon's economic miracle which has delivered this socialist miracle isn't it a bit, erm, cheeky to offer to let us buy them again?

How many times do you suppose you have to buy something before you own it?

Sometimes I think you have to march right in and demand your rights, even if you don’t know what your rights are, or who the person is you’re talking to. Then, on the way out, slam the door.

Offline komadori

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Re: Tory Bribes?
« Reply #5 on: February 21, 2010, 02:37:53 PM »
But ultimately, one way or another, we are going to pay for bailing out the banks, either by individuals buying shares off the government or through higher taxation.
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Offline Alligator

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Re: Tory Bribes?
« Reply #6 on: February 21, 2010, 03:18:12 PM »
I think the devil will all be in the detail.  It seems that this will come with some social responsibiluity by offering greater discounts to the lower income families so I guess they're trying hard to ensure that there wouldn't be any fat cats gaining on this. I'd also expect that there would need to be an upper limit on the number of shares available to each person. 

Stripped down to the basic principle of letting individuals decide if they want to pay up to own a share in the banks may not be a bad thing, as komadori says, these bills will have to be paid somehow and if this helps save a few nurses or firemen or whatever, then it may be part of a solution if handled in the right way and at the right time.

Personally I'd prefer to see this type of policy being applied to the investment in wind power instead of simply awarding licences to foreign owned utility firms.

Offline Steve Wakefield

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Re: Tory Bribes?
« Reply #7 on: February 21, 2010, 04:10:24 PM »
Shares may go up as well as down and I know lots of people older people at that who had shares as a supplement to their income. Bradford Bingley shares come to mind. I do not have shares and would say if you look back through all the great collapses. the poor who ventured their money lost it, the rich and the governments did not. These shares are worthless so does that mean they can join all those other certificates for railways and Russian companies that adorned peoples walls as decorations.

This is a typical Spive trick no sorry pyramid scam no a great tory idea. As a youth I read Das and the more I look at what is happening at present the more I see its words ringing true. In the last Tory fire sale Thatcher Privatisation the amount of money raised from all the sell offs did not raise as much money as the Right To Buy RTB, coz property always does better than shares. People on modest incomes or who have modest means for those that went to Oxford, may be better off paying down their mortgages. But like all things you pays ya money and takes your chance. Are all politicians now playing in the casino? :-\
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Offline Mart

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Re: Tory Bribes?
« Reply #8 on: February 21, 2010, 05:28:15 PM »
Russian Share Certificates are worthless?

Oh bugger.

I'll buy. buy. buy Betamax.

Before Gordnon does it for me, the Dave sells them back to me, from me. Or sumfink.

Is that a hedge fund?
Sometimes I think you have to march right in and demand your rights, even if you don’t know what your rights are, or who the person is you’re talking to. Then, on the way out, slam the door.