The BBC seems outraged that Banks make profit. Today, it seems affronted that RBS has made a half-year profit of £1.1bn. We have Peston droning on each morning, and the BBC not being able to make it through a sentence on RBS without reminding us that the “tax-payer” owns 84% of this bank. The way I see it, the license-payer owns 100% of the BBC and it doesn’t provide us £1.1bn profit every six months. In fact it costs us £3.5bn each year to keep this anti-capitalist parasite afloat. Given the choice, I’d keep RBS and sell off the BBC.
THE WAR ON THE BANKS….
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What a brilliant post. Thanks.
I heartily second that!
And I third that! You were on fire with this one DV!
Actually the BBC does make a profit, on DVD sales, BBC worldwide and so on (Top Gear is the billest selling shows just about on the planet). What the BBC should be doing is giving some of that money back to tax payers (we are the shareholders after all)
Of course your typical beeboid just can’t understand this, they don’t see the irony of propping up the banks and then complaining whilst we prop up the bloated BBC.
Martin, if the BBC was making a profit they wouldn’t need to be subsidized by the taxpayer.
Since the BBC is not a charity, except for its employees, if it is making a profit on DVD sales etc, it should have to pay tax on it.
RBS has made a half-year profit of £1.1bn. We have Peston droning on each morning, and the BBC… reminding us that the “tax-payer” owns 84% of this bank.
Oh, good for us. We own a profitable bank. That’s cheered me up no end. The FTSE must be going up too. Yee haw!
Peston is more concerned that the state-controlled banking works out, as that matches with his personal philosophy.
Well said David. You echo my thoughts exactly.
The BBC just don’t do capitalism or irony.
The BBC gets a huge grant, which they have done nothing to deserve, therefore the entire grant can be viewed as pure ‘profit’.