No sooner than our intrepid cash squanderer has promised to bail out our banks with our money, something that socialists will always be good at, we are then treated to a reduction in interest rates, presumably to get the nation borrowing again, as the Exchequer is missing the taxes garnered from purchases against the borrowed loot. Strange how the word 'save' has disappeared from New Labour's vocabulary. The problem with being a saver is that we finish up picking up the tab of the reckless; this includes politicians, bankers plus a large section of the public.
Don't ever forget that the Government positively encouraged excessive spending along with easy cheap borrowing. Importing millions of unwelcome immigrants was bound to force the indigenous population to form large ghettos around better quality schools, automatically pushing up house prices; leading, in most cases, to people overstretching their resources with ridiculous mortgage terms.
The bankers obviously took the lead from an irresponsible government, forsaking all their, hitherto, best practices and careering down this ill chosen route to, in some instances, oblivion; while still keeping their jobs and those who are to be removed walking away with our money.
Large tracts of the public will plead that they had little choice. Not all, but many, believed the hype that they were on a journey to untold riches, dreaming of selling their property upon retirement and leading a life of sheer paradise. The old maxim, 'The taller they are, the harder they fall' will always be with us. Brown is even more upset, as he had hoped to continue the 'con' until the next election. The crux of the matter is, the frightening aspect, people kept voting for it. Now he's also in charge of your local bank. From here on in, don't expect to have too much wealth. The Government will always find ways to take it from you.
Both politicians and bankers should be facing charges, with a view to having their pensions witheld.
THIS TO BE CARRIED OUT BY UNTOUCHABLE REPRESENTATIVES FROM THE PUBLIC.