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Listed below are comments made by RRecord between Monday, 21st April 2008 and Monday, 21st April 2008.

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Mervyn bends - and how! 10:19am on 21 Apr 2008 ...and another thought. Are banks really likely to use this money to fund more mortgages at low rates now that house prices have started to slide? Aren't they more likely to chase the commodity bubbles as they seek gains rather than losses.

This could exacerbate a downturn in the economy as further rising costs of commodities puts a further squeeze on consumers.

I can't see how the government can force the banks to use the money for mortgages. Most banks are happy that the likes of NR have gone and profitability has returned to the mortgage market. Lloyds TSB announced exactly this recently - they said they were returning to the mortgage market as profitability had returned. I just don't see a return to the relaxed and stupid lending of last few years.

Is it just possible that this BoE intervention will actually make things worse!?
Mervyn bends - and how! 10:12am on 21 Apr 2008 These are 3-yr loans disguised as 1-yr loans to keep the loans out of the public debt figures. This massive Labour government fiddle should be exposed for what it is - a big lie. We are all paying for this, it amounts to something like £2000 for each person of working age in the UK. On top of the outstanding NR loans and with further loans to banks likely it won't be long before we are all supporting banks with the equivalent of an average annual wage.
Mervyn bends - and how! 09:37am on 21 Apr 2008 Be under no illusion - this directive has come from Gordon Brown and it makes a mockery of an 'independent' Bank of England.

Gordon is now using our money to buy our support for the next election. The government should not be allowed to use our money to intervene in the markets this way. It's no wonder that the gap between rich and poor has widened under this Labour government. The support of the banks in this way and the scrapping of the 10p tax band make the Labour government more conservative than the Conservatives.

And Vince Cable of the Lib Dems seems to be the only oppostion voice over this matter. Labour and Tory governments have now completely merged. I turned away from the Conservative party forever when I saw Kirsty Allsopp as the new Conservative 'housing expert' on Question Time. After 10 years of Blair spin I'm not prepared for the same under Mr Cameron
Mervyn bends - and how! 08:17am on 21 Apr 2008 It makes my blood boil! I've been priced out of the property market due to the reckless lending by the banks. Now the government is trying to keep me and thousands like me priced out by supporting the banks - with my money!!!

This Labour government has been responsible for watching over a massive housing boom and they did nothing about it. The market should be allowed to correct without intervention by the government because the banks need to learn a lesson about risk and more importantly people need access to more affordable housing. The banks are about to be effectively nationalised but with no constraints on how they behave which is wrong, if they want my money then I want to see tighter mortgage lending regulation.

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