[Slip18]

Check the RBS’s pockets. But you gotta dig deep because they keep their money in long pockets.

[chuck_the_tv_out]

these darn nyt editorials make me so mad

there's about half a dozen vociferous posters who want to be in here agreeing with this nyt editorial i think. they certainly think it's fine for government to exert ownership controls on companies

0 is already chavez-ing the bailout companies. this nyt editorial is already happening.

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[Caipirabob]

"YOU GO, FRAULEIN!"

We are witnessing the destruction of the republic, and it's like a page out of a history book. Advantage? National Socialists were "snappy dressers".

"...and they blowed up, REAL GOOD!"

[Nathan Zachary]

"The capitalist banks have failed. They should be nationalised under workers’ control and management. They should be a public utility not a white elephant we have to feed with endless sums of our money, while wiping up their excrement at the same time."

Capitalist banks? Those aren't capitalist banks. There WERE at one time, but as soon as the GOVERNMENT took them over, they became public banks, and now the government is taking YOUR money, and shoveling out the back door of those banks to their pals. Money, BTW, that your are going to pay for in the future.

It would have been best to let the banks fail, and the people collect their insured savings, then start a NEW banks without all the baggage of the OLD banks.

This is what happens when socialist governments take over banks and figure they can spend their way out of trouble. The problem is they didn't understand what the trouble was in the first place.

Now, like idiots, the brit public, so brainwashed by socialist governments, want to hand even more money over to the government so they can run a "New" bank, after they just destryed the old.

Idiots.

[Proud_USA_Republican]

RBS has been one of the biggest worldwide sponsors of F1 racing, including being the primary sponsor of the Williams racing team.
Going to be interesting to see how that plays out with many of the pro-sports and many other businesses that depend on corporate sponsorships for their revenue streams in 2009.
I’ve been already hearing about many NASCAR and Indy teams in big trouble as their sponsors have completely pulled out.
Quietly, the major teams have been merging together to stay alive.