“The public could be offered discounted shares in state-owned banks under a “people’s bonus” plan outlined by Tory shadow chancellor George Osborne. In a Sunday Times interview, Mr Osborne said the measure would be a reward for the £850bn of public money used to prop up failing financial institutions.”
BBC News – Tories propose ‘people’s bank bonus’ in cheap shares
In what way is paying twice for a share of a bank in any way a reward.
Public money – THE PUBLIC’S MONEY – has been used to buy/bailout tjis bank to the tune of 37 billion pounds, which, indecently, was just supposed to be a loan (what ever happend to that fact?), and yet the public are expected to waste even more money buying the bank again?
Why do the tories think this is a good thing?