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[HPsauce]

I'm trying to get my head around this, and not doing well.
We the people (represented by UKFI on behalf of our government) own a lot of shares in "bailed-out" banks.
The idea is that these shares will, in due course when those banks are "sorted out", be sold commercially to cover the costs "we" have incurred.

If a proportion are "sold" at a cut price to "us" (or a sub-set of "us") then "we" get less money back.
That money has to be found somewhere, so presumably more taxes or more cuts.

Robbing Peter to pay Paul? 

Or has someone, somewhere re-invented the perpetual-motion money machine again?

[jeffbb]

Hi

quote Or has someone, somewhere re-invented the perpetual-motion money machine again?

Yep the government and its oiled by us the tax payers . 

Regards Jeff

[roseway]

Hopefully it's just a bit of electioneering and won't actually happen. At the moment all us taxpayers have shares in those banks. If the cut price sell-offs take place, then taxpayers in general will get a poor deal, whereas those with enough money to buy the shares will benefit. Robin Hood in reverse.

[BritBrat]

Government !!!

I thought it was the Conservatives idea and they are not in government so far.

[UncleUB]

Example...

Man in street might buy a few shares,but sooner than later he will sell them and that's where the big players will step in,scoop up and eventually make mega bucks...

Sounds familiar..  

[jeffbb]

Hi

As was once said they all p__ in some pot

Regards Jeff