Quote:
Originally Posted by Osem
What sounds odd to me is that you would sacrifice tens of thousands of existing jobs and billions of tax revenues when you don't have a clue if/how, in the real world, those jobs and revenues could be replaced at a time when large portions of the western world are stuggling to manufacture and sell their goods and we're already looking at more of the same. 
In your haste to blame the 'bankers' for everything and tendency to conflate issues, once again you also ignore the public's considerable investment in those banks - do you want that back or are you happy to chuck our money away with a whole lot of other people's jobs?
You can argue all day about some sort of socialist Utopia but we are where we are and you have no answers to the above questions just a desire, seemingly, to throw the baby out with the bathwater. |
I am very confident the financial sector has lost far more then tens of thousands of jobs elsewhere.
The publics investment isnt really an investment, its a handout. It looks clear there is no chance of that money been recouped especially with the sale of NR at a loss.
We need a system reset, which involves pain. Not some sort of pretend fix which involves attacking the sick.
The size of the financial sector compared to the damage its caused is small.