http://www.bbc.co.uk/blogs/thereporters/douglasfraser/2008/12/dear_prudence.html en-gb 30 Tue 15 Dec 2009 08:53:20 GMT+1 A feed of user comments from the page found at http://www.bbc.co.uk/blogs/thereporters/douglasfraser/2008/12/dear_prudence.html http://www.bbc.co.uk/blogs/thereporters/douglasfraser/2008/12/dear_prudence.html?page=13#comment2 "Perhaps the most imaginative reckoning for the £20bn of taxpayers' capital injection that keeps his business in tact is that RBS has paid £15bn in taxes over the past 10 years. It seems a mega-bailout is the least it can expect in return."Wow. So can the taxpayer expect RBS to pay back the costs of healthcare, police protection, etc for its employees? Tue 02 Dec 2008 12:50:57 GMT+1 http://www.bbc.co.uk/blogs/thereporters/douglasfraser/2008/12/dear_prudence.html?page=6#comment1 Actually the weaker the pound the more likely it is that overseas investors and companies will try to snap up what's left our industry. Given this lousy Govt's recent record on foreign ownership it would not surprise me in the least that they they engineered this situation deliberately. After all we must remember that the Chancellor told the FT that he didn't believe in "economic patriotism". Mon 01 Dec 2008 23:09:30 GMT+1 http://www.bbc.co.uk/blogs/thereporters/douglasfraser/2008/12/dear_prudence.html?page=0#comment0 One thing is certain, cutting interest rates to 2% is not going to encourage investment in banks. If the people with spare cash can't find a bank paying a decent interest rate, then the money will go elsewhere and the bank will have nothing to lend. As far as the Brown/Darling sponsorred 6 months grace before foreclosure is concerned, it just makes the debt bigger and the duratio of the pain longer. Meantime the value of the pound continues to drop ,discouraging foreign investors from investing in Britain if they haven't already been frightened off by the antics of the duo incompetent Brown and Darling. There is no easy answer, and none of the answers coming from the government are going to help. Mon 01 Dec 2008 19:10:54 GMT+1