We are simple folk

But we are not fools

Simple but solventSimple but solvent
I have to declare an interest here my family own Lloyds/TSB and Santander shares. Not a lot of them, about £2000 worth all together, so please don't feel sorry for us as they have fallen in value. It now seems that along with the rest of the UK we now have more bank shares following the government's decision, on behalf of the nation, to bail out people like us. How confusing, we are both the problem and the solution at one and the same time. How apt that the Lloyds shares, like the TSB ones, came as a form of bonus as I recall simply due to the luck of having an account with each bank, or something like that, it was many years ago. Suddenly we moved from customer to shareholder, what a privilege, honour and responsibility. Then years later the Santander shares were inherited from a relative who had started saving with the National Building Society. In time, for that's how these things go, The National moved in with the Abbey Building Society, or it could have been the other way around, again it was a long time ago. Whatever, the product of this union was so good that the nice folk at Santander got to hear about it and just could not resist buying it lock-stock and barrel. Well if made them happy in their quest to become a High Street bank in a foreign land why not? And thank you for the shares, they can go with the others. Capitalism is so easy, why do some people make such a fuss?

But now it all looks so different. Due more to jiggery-pokery rather than bad luck our elevation to the world of money has gone peculiar. Whilst we did not ask for our shareholding, Lady Luck smiled upon us, so we could, had we so wished, sold up at any time. Not so with our latest 'investment', the one we get from the government. It would seem that we have no option here, we are tied up with this like it or not. And it is the latter that describes our current mood. We were reluctant shareholders but eventually came to accept it as our lot. In this latest financial transaction we are, to use the dreadful jargon of these things, stakeholders. And we would like to leave go as soon as possible please. The numbers are far too large for a family like ours and anyway we do not trust the people running it. We say if you want something then save up for it and we say credit where credit is due though perhaps we should say praise so as not to confuse others. We cannot abide waste and kept our last car eighteen years. We are furious with the way things are going and cannot wait for the next general election; what a way to run a country.

With many thanks to Winslow Homer for the picture