G20 demonstrations

Oh my! Have I finally been trolled? I could do with a laugh though.

erm, you're making a comment i'm replying to it, you're replying and so forth. that's not 'trolling', that's a discussion surely?

I'm not entirely convinced that would have been the case with Northern Rock. The bulk of its business is mortgage lending (which was what got it into trouble). Who can say someone else wouldn't have come along and bought it for a penny? You can bet that however it had been handled (and I don't necessarily disagree with how it was, anyway) that noone would have lost their house. A government wouldn't let that happen, it'd be electoral suicide.

i'm pretty sure that they offered it to lots of people and no one wanted it, therefore giving the government no option other than to bail them out. if they hadn't have done so people would have lost their houses/savings.

Whoa. I didn't and wouldn't actually say that, cos I'd sound even more of a loon if I did. I think there's a good argument for being honest though and admitting that if the system doesn't work, it needs changing and if the way to do that is nationalising it all then fine, but admit what you're doing and don't pretend it's anything else because you're too scared to use that word.

i was joking. however, i'm not sure the government has really denied that their bailing out the banks, essentially i suppose it is nationalising but it's just because it's that or nothing.