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Maintain State ownership of the banks

Submitted on Monday 5th August 2013

Published on Monday 5th August 2013

Current status: Closed

Closed: Tuesday 5th November 2013

Signatures: 1

Tagged with

Economy ~ Individuals

Petition Action

Maintain State ownership of the banks

Additional Information

The government should not sell off their investments in the banks (e.g. Llyodys TSB) and should do the opposite, increase their investments in the banking system so that one day we will have state owner ship of the banks. Capitalism works but privatisation of the banks means that the debt holders of the world are private groups and individuals when it should be the people.

We need Socialist banking with a Capitalist economy.


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