Quote:
Originally Posted by nomadking
Why should a profitable company subsidise a non-profitable company, even when in the same group.
Where do people think the money for buying government(including UK) debt and providing business loans comes from. 
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Did not say loans they should be forced to create jobs if they got the money to do so. The origanl post shows the capatlist greed atitude.
At least be forced to justify why those jobs have to be lost. If they paying ££££ to bosses or shareholders then the jobs cut refused. Regulation if businesses dont like it then maybe they should thought about way they slammed people on the dole for there profiteering/capitalist greed.
The austerity measures only around because private sector just dumped jobs for years. Sadly governments thought by public sector employment creation this started under concervative dont forget then carried by labour. Jobs NEED to come from private sector big way it NEEDS them to change there stinking atitudes.
I would go far to say this was all engineered deliberatly cause bank crisis get governments bail then hold them to ransom force austerity which WONT cull debt. More debt to bank they hold governments look at greece banker in charge. It was fake a sham that governments fell hook line and sinker. Put thenselves in debt doing it. Would not be suprised big corporations was also involved dumping the jobs to forced governments into public sector hiring.
Now with public jobs cull we also seeing contracts pulled this causing secondry disaster as private sector loses those contracts. Do we really need to make things worse it takes brave government to stand its ground tell banks your wrong.
It dont take rocket science that austerity is very very bad for economy but very good for banks. IT WONT cut DEBT as its in the complete wrong area anyway. IT will cause MASSIVE unemployment in public but worse private sector.
Dont add to the damage hold the fort but make sure that value for money gain for £ spent. In meantime we need to generate funds in right area so spending move the economy forward. Too much money going out the country or not being spent in it. Orders down job losses do need to spell it OUT. KEEP the ECONOMY TICKING