Seamus says we should really take them over so that:
They could then become the core of a newly accountable and publicly controlled banking sector able to channel investment where it\’s needed, rather than into reckless speculation in debt and housing bubbles.
So, who decides where investment is needed then? Got to be chummy with a politico to get funds perhaps? I suppose that\’s one way of destroying any vestige of honesty there might be in politics.
Would certainly solve the problems of party political funding though.