So our hapless badger chancellor and his rather bendy prime "monster", Mr Cyclops, have pissed £500,000,000,000 up the pub wall again. According to the Mail, this will cost us taxpayers around £16k per head.
Me, I'd rather he gave me a tax cut of £16k. I could then spend this with UK firms who would make a profit and put the money into a bank.
But oh no, let's not do it the easy way. Give the banks lots of cash (via a preference share injection). How did the market react to this wonderful rescue plan? A fucking plummet.
As J.K. Galbraith said of the 1929 crash, “Cause and effect run from the economy to the stock market, never the reverse. In 1929, the economy was headed for trouble,”
Brown and his impotent chancellor of the badgers are trying to fix the former. They should be looking at the latter.
Twats.
And we closed the FTSE 100 index today lower than when the Labourists seized power in 1997. End to boom and bust, you floppy haired one-eyed pisser?
3 comments:
If he was to piss the money away, why not just divide up the billions to the people?
Give me 16K and let the banks go fuck themselves.
No, money given has no value. Increase the personal allowance and that will only benefit those who are willing to work. Good idea, no?
NO NO! jUST GIVE IT ALL TO MEEEEEEEEEEEEE!
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