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Message Subject Was John Smith Murdered
Poster Handle A Brit
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Interesting week for banks and the financial sector. The government announced that it would ease the banking reforms proposed by allowing banks to continue lending many times more than their actual assets to a factor of 50.

So when the banks get in trouble they again will have to be bailed out by the government with our money.

Also the £325 Billion that was printed (it was stated by a treusury select commitee member) in 'quantative easing' has not caused inflation.......because it all went to the banks and the banks have not circulated this money.

And it was announced that the government will give the banks a further £80 Billion so it will lend.

Er sorry, has the government no balls? Havebn't they thrown enough money at the banks? Is it not time for the government to initiate economic recovery programmes themselves instead of PRIVATISING an essential government RESPONSIBILITY?

It seems austerity for the masses and PIGS IN SHIT for the plutocrats, aristocracy, corporations and the establishment.

Now that really is cricket.
 Quoting: A Brit 17103120


Interesting week for banks and the financial sector. The government announced that it would ease the banking reforms proposed by allowing banks to continue lending many times more than their actual assets to a factor of 50.


Sorry did I say lending? I should have said investing in fradulent financial scams.
 
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