Reaction to Northern Rock's nationalisation depends on one's particular political bent. Rejoicing amonst those saturated in class warfare; Despair amongst those who champion free markets and free people.
There is never a shortage of calls for governmental involvement in every aspect of every individual's life choices. Why not look upon this Northern Rock event as an opportunity?
For those calling for the governmentalisation of everything, here is your chance to prove that state ownership of the free-market can actually work:
- Will there be redundancies at the state-owned Northern Rock? If so, why and is that 'fair'?
- Will there be an immediate combing of the pay rolls to ensure all Northern Rock employees receive a 'living wage'?
- Will account-holders be in line for a large increase of interest rates paid upon their deposits? If not, why not?
- Will mortgage-holders in default be removed from their homes? If so, is this 'fair'?
- Will mortgage-holders be in line for a large reduction of interest rates paid on their loans? If not, why not?
These are just a few questions. The statists among us need to step up to the plate and implement their economic 'ideas' in this wonderful opportunity which has presented itself.
Put your money where your mouth is. Well, since this is the Left we are speaking of, put someone else's money where your mouth is.
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