Comments on: RBS: Osborne hands back control to the people who caused the financial crisis https://leftfootforward.org/2015/08/rbs-osborne-hands-back-control-to-the-people-who-caused-the-financial-crisis/ Left Foot Forward is the home for UK progressives. We provide evidence-based analysis on British politics, news and policy. Thu, 06 Aug 2015 12:14:00 +0000 hourly 1 https://wordpress.org/?v=6.9.5 By: David Cain https://leftfootforward.org/2015/08/rbs-osborne-hands-back-control-to-the-people-who-caused-the-financial-crisis/#comment-719657 Thu, 06 Aug 2015 12:14:00 +0000 https://leftfootforward.org/?p=106063#comment-719657 In reply to Selohesra.

RBS was saved by taking it into public ownership. It belongs to the people, and the function of the political class is to work in the interests of the people. So which part of your right-wing economic policy says that elected member of the government can sell the property of the people to rich mates at a massively cut price? Where did that appear in the manifesto, or was it one the “we’ll let you know after we’re elected” bundle? It’s OUR money he’s handing away.

]]> By: Cole https://leftfootforward.org/2015/08/rbs-osborne-hands-back-control-to-the-people-who-caused-the-financial-crisis/#comment-719586 Wed, 05 Aug 2015 16:29:00 +0000 https://leftfootforward.org/?p=106063#comment-719586 In reply to Selohesra.

When most people buy a share, their reference point is the price they paid – and whether you make a profit on this or not. Ecen right wingers surely understand this.

Osborne is probably selling now for ideological reasons. He doesn’t like the state being involved, he’s now got a Tory majority so he’s getting out. Doesn’t matter what the economic consequences are for we little people.

]]> By: GTE https://leftfootforward.org/2015/08/rbs-osborne-hands-back-control-to-the-people-who-caused-the-financial-crisis/#comment-719557 Wed, 05 Aug 2015 12:01:00 +0000 https://leftfootforward.org/?p=106063#comment-719557 So the welfare state has lost 9,200 bn.

And your worried about Gordon Brown’s share trading losing 1 bn.

Get your priorities right

]]> By: stevep https://leftfootforward.org/2015/08/rbs-osborne-hands-back-control-to-the-people-who-caused-the-financial-crisis/#comment-719556 Wed, 05 Aug 2015 11:58:00 +0000 https://leftfootforward.org/?p=106063#comment-719556 Any more Trolls on this page and it`ll be like “Lord of the Rings”. Where`s Gandalf when you need him!

]]> By: Jacko https://leftfootforward.org/2015/08/rbs-osborne-hands-back-control-to-the-people-who-caused-the-financial-crisis/#comment-719547 Wed, 05 Aug 2015 11:12:00 +0000 https://leftfootforward.org/?p=106063#comment-719547 Just think Natalie, if you believe the share price is too low, you could buy a chunk out of the Green Party coffers and sell in a few months’ time for a handsome profit for the party. You could then use that money to fund future campaigns. No?

]]> By: Selohesra https://leftfootforward.org/2015/08/rbs-osborne-hands-back-control-to-the-people-who-caused-the-financial-crisis/#comment-719536 Wed, 05 Aug 2015 09:11:00 +0000 https://leftfootforward.org/?p=106063#comment-719536 We’ve had this loss for ages – referencing the proceeds to the historic cost is silly and meaningless – perhaps like lefty-green economic policy. If you know for certain that a much better price could be achieved by waiting a bit longer I suggest you pile in now – but I for one will not be buying

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