MEGA RIPP OFFF GIVE AWAY welcome to britain?

navin123 | 14:03 Wed 24th May 2006 | Business & Finance

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Any help to stop the banks stop making all the peoples wealth...Nationalise them or start a new national bank like the lottery? people bank in THIS bank and we use the profit to help our local population and environment. Just applied for a mortgage of �106000 and on the best deal available i have to pay back 277,778.oo back OVER 25 YRS . that is 3 times or more! What say you the People... www.firstpeoplesbank.co.uk for a start? the chairman and his gang do not take all the money or profit but it all gets used to help schools, roads, hospitals and the public...etc???

bailliffs

Insuring business office contents

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Oneeyedvic

Just curious - where do you think the money that peoplesbank will lend will come from. I am assuming that they will need to 'borrow' this themselves - at a rate of what?

Or would you want them to take people's savings - if they are not for profit, ther rates they pay on savings will not be high. How many people will want to save with a bank that doesn't pay a good rate of interest?

After paying for staff, website, premises etc, if you want them to make money to give to local population , their rates would be as high if not higher than that of a bank.

Nice idea in principle - just not sure that it would work.

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