I doubt very much that the banks would have gone under without that funding.
Ernest - you might well be right, I merely said that was a discussion for JetBlast, not here. I didn't defend the bank bailouts, I just said there would have been other issues if they weren't done.
Equally, if the bank bailouts were throwing good after bad, then why on earth should we do the same for airports?
.If we are going to print money, better than borrowing..Then it should be to extend the provan infrastructure at Heathrow, with a third runway.
There should be no need for either, if private funding is available for Heathrow's 3rd runway.
he used the term "sinking sands" loosely..
Thankyou - very loosely. A casual reference to the parable of building a house on the rock versus building on the sand. The point is that the risks of building in the Thames, contrary to what Silver would like us to believe, are unknown. These risks are compounded further by the need to develop a huge amount of transport infrastructure to support the new airport.