Debtors
I listened to part of the Gordon Brown Alistair Darling speaches this morning. If GB goes on more about the 'scourge of unemployment' then he has being in cloud cuckoo land for years.
The levels of unemployment in this country are massive, the so called disabled, the uneducated masses who could never do a job, the early retirees who don't sign on because there is nothing in it for them, the pensioners who get by on a pittance...
In the meantime we must not forget that the banks who have got us into this trouble used to be building societies, also the main banks in touble have Scottish links, Royal Bank of Scotland and Bank of Scotlan, I mean talk about pork barrel politics.
It is the former building societies which thought they could be banks that have got us into this trouble. Why should we bail out the greedy who have buy-to-let mortgages, and people who would not moan if they profit out of their property investments.
There must be a general election, confidence in this country will plummet further as it is realised that we are so heading for the knackers yard This is a Titanic economy, they said it would never sink, well we have hit the berg again, and it is about time to take to the lifeboats, only it is not women and children first it is politicians and bankers who are the rats leaving a sinking ship.
What I thought interesting was the John Humphries interview this morning with an executive of Royal Bank of Scotland, who used the words 'fess up' which I thought was some sort of low life term to admit to some crime or misdemanour. When will the government order an inquiry into the banking crisis, and the war in Iraq.
Finally, Brown refers to the credit crunch because the banks won't lend. May I suggest that he also looks at it the other way around, this is a debit crunch because why should I borrow, that is get into debt, neither a lender nor a borrower be, never has this been more true. I'm not lending my money to anybody so that they can make money on my money and not give me a fair return.TAG.
TAG.
The levels of unemployment in this country are massive, the so called disabled, the uneducated masses who could never do a job, the early retirees who don't sign on because there is nothing in it for them, the pensioners who get by on a pittance...
In the meantime we must not forget that the banks who have got us into this trouble used to be building societies, also the main banks in touble have Scottish links, Royal Bank of Scotland and Bank of Scotlan, I mean talk about pork barrel politics.
It is the former building societies which thought they could be banks that have got us into this trouble. Why should we bail out the greedy who have buy-to-let mortgages, and people who would not moan if they profit out of their property investments.
There must be a general election, confidence in this country will plummet further as it is realised that we are so heading for the knackers yard This is a Titanic economy, they said it would never sink, well we have hit the berg again, and it is about time to take to the lifeboats, only it is not women and children first it is politicians and bankers who are the rats leaving a sinking ship.
What I thought interesting was the John Humphries interview this morning with an executive of Royal Bank of Scotland, who used the words 'fess up' which I thought was some sort of low life term to admit to some crime or misdemanour. When will the government order an inquiry into the banking crisis, and the war in Iraq.
Finally, Brown refers to the credit crunch because the banks won't lend. May I suggest that he also looks at it the other way around, this is a debit crunch because why should I borrow, that is get into debt, neither a lender nor a borrower be, never has this been more true. I'm not lending my money to anybody so that they can make money on my money and not give me a fair return.TAG.
TAG.
posted by Catch22 at 2:13 AM
0 Comments:
Post a Comment
<< Home