Stock Markets Hammered.
The above link is a Peston report on Saint Obama's mad tirade against The Banks. Now this is the guy who cosied up to our very own Snotty just a few short months ago when the pass the parcel (debt) game ran out of chairs. (Think about it). We now face the biggest stable door closing effort in human history as the herd disappears over the horizon. This pair of muppets presided over Bilderberger bail outs when the opportunity to curb and reduce the power banks held over The World was at its most favourable. If these two Governments had bailed out its citizens, as some did, rather than their mates, this scary scenario would have been avoided.
Of course the real war is between Socialism and Capitalism. A war which is unwinnable for either side. Socialism stinks and Capitalism is too entrenched in a Bilderberger Empire. My solution? It's still possible to return tax payers money to tax payers. Let major banks fail and let personal debt be written off. It would still amount to a much smaller sum than is demanded by the major banking houses. It would hurt only if people then wasted their windfalls. Some would, many wouldn't. New, small credit clubs/mutuals, with a local base, would arise out of necessity. Hey, small government, small banking. That would be nice. Globalisation? Stuff it, it stinks of an unwanted New World Order.