Thursday 2 September 2010

Those RBS Job Cuts

Even though public ownership has restored RBS to profitability. How does that work? As with the previous branch closures, because the EU, no friend of public ownership, requires it. Thank you, Margaret Thatcher, for your Single European Act. It undeniably works exactly as you wanted it to. No wonder that every Labour MP, without exception, voted against it. In those days, there was a Labour Party.
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2 comments:

  1. Mr. Piccolo2 September 2010 at 21:59

    I read about the RBS cuts this morning. What a travesty. Another example of "socialism for me, but not for thee."

    On the topic of the EU, it is interesting that in the United States, many conservatives see the European Union as a kind of nascent socialist superstate. It seems like that could not be farther from the truth. The EU is more like a nascent neoliberal superstate.

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  2. David Lindsay3 September 2010 at 14:20

    There is nothing nascent about it.

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