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View Full Version : At last!..........The British Goverment "Out thinks" the Americans!



Mega
01-13-09, 08:26 PM
I am just so "Proud" that we thought of this 1ST:-
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4229755/Taxpayers-to-own-part-of-small-businesses.html

Ah, you Yanks only bale out big bussiness......watch & learn!
Mike

GRG55
01-13-09, 09:01 PM
I am just so "Proud" that we thought of this 1ST:-
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4229755/Taxpayers-to-own-part-of-small-businesses.html

Ah, you Yanks only bale out big bussiness......watch & learn!
Mike

Is your nation going back to its roots Mega? :)


"L'Angleterre est une nation de boutiquiers"
--Napoleon--
From the article:


...Typically, companies accepted for the scheme will be those considered of significant importance in their local community - such as high street stores...

...It effectively means that tax payers will own a stake in local high street firms...
It would appear little has changed in jolly old England since the days of Adam Smith [emphasis mine]...


"To found a great empire for the sole purpose of raising up a people of customers, may at first sight, appear a project fit only for a nation of shopkeepers. It is, however, a project altogether unfit for a nation of shopkeepers, but extremely fit for a nation whose government is influenced by shopkeepers."
--Adam Smith, Wealth of Nations, 1776--

*T*
01-14-09, 05:47 AM
I am just so "Proud" that we thought of this 1ST:-
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4229755/Taxpayers-to-own-part-of-small-businesses.html

Ah, you Yanks only bale out big bussiness......watch & learn!
Mike

Would your co. qualify?

That would be the ultimate -- the British taxpayer buys Mega an American wife! :D