Shafted by Labour again !!!!

[Dosser 52]

An excert from an article in "UK Column" read the full story here http://www.ukcolumn.org/wp-content/uploads/2009/01/ukcolumnjan09full_fin_web.pdf

 

 

 

 

Brown’s massive

banking scam

Brown has already spent £600 billion

and is now about to pawn Britain for

£900 billion to a corrupt supranational

private banking cartel. Brown has just

announced a £2-3 billion support package,

including insurance to cover the

bankers ‘toxic’ debt. Something smells.

RBS and HBOS look likely to announce

£10 billion losses for 2008 - each!

Taken across the UK sector - if the total

banking losses for the UK are going

to be in the region of £150 billion, what

has Brown done with the £450 billion

already spent? Why is he using tax payers

money to cover Banker’s gambling

debts?

This collapse is not the result of simple

incompetence. It is not, the inevitable

bust which has come after an extended

boom as part of “the normal economic

cycle.†At best, it is as a result of criminal

negligence; at worst, as a result of

corruption not seen since the fourteenth

century. Those responsible need to be

behind bars, not, as with Bernie Madoff,

sitting in comfort in a multi-million dollar

apartment on a bail of a million of his

“own†hard earned dollars.

The Labour government and their fellow

Conservative and Lib Dem MPs

would have the general public believe

that there is a “Credit Crunchâ€. The term

itself has been carefully constructed to

have an innocent almost edible attraction.

Comrade Brown would have us

believe that it is what happens when the

“credit markets†freeze up. He lies and

spins as usual - a credit freeze is in fact a

symptom. BBC financial commentators

seem to expect everything to be alright,

so long as credit starts flowing again.

But that’s like suggesting a cancer has

gone if the patient is given a strong pain

killer. Continued Page 5