Now, I don't really want to make a political point here, but it's a fact that most people in the government have never had a proper job of any kind, let alone run a business, not even a corner shop. But how does it happen that today we (ie, taxpayers) became the owners of RBS after the government paid 65.5p for shares that were trading at 55p in the market, meaning an instantaneous loss of £2 billion. It's getting beyond a joke: I doubt that my children will ever be able to pay this debt back, which is why I'll be encouraging them to move overseas. The Prime Minister was busy writing to X-Factor finalists today, so perhaps he took his eye off the ball on this one.
[posted with ecto]