"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Tuesday, September 25, 2007

Gordon orders November Election before banking system implodes

Reading last night about the voyage of Lemuel Gulliver to the Land of Brobdingnag - he spends some time telling the King about how his country is run and the Kings poses several questions,of which one is .

"What qualifications were necessary in those who are created new Lords: whether the humour of the Prince, a sum of Money to a Court lady, or a Prime Minister, or a design of strengthening a Party oposite to the Public interest , ever happened to be the motives in these advancements."

With all this exciteable talk of a snap election which needs funding ....?

" .. he was still at a loss how a Kingdom could run out of its Estate like a Private person. Who were our Creditors? and where, wwe found money to pay them? he wondered to hear me talk of such chargeable and extensive wars; that certainly we must be such a quarrelsome peple ... he was amazed to hear me talk of a mercenary standing army in the midst of peace, and amongst a free people."

The Office for National Statistics reports a net cash requirement of £5bn last month – the highest for August since monthly records began in 1984. The Government's preferred measure, the net borrowing requirement, was £9.1bn, again far higher than expected.

In the longer term, the Treasury is concerned that the turmoil banking will reduce tax payments it receives from the financial sector.

The ONS said it had transferred the debts from Tube Lines and Metronet, which maintain London Underground tracks and stations, on to the public sector's books.

" You have clearly proved that ignorance, idleness, and vice are the proper ingredients for qualifying a legislator. That laws are best explained ,interpreted, and applied by those whose interests and liabilities lie in perverting , confounding, and eluding them."

All of which caused the King to say....

" I cannot but conclude the bulk of your natives, to be the most pernicious race of little odious vermin that nature ever suffered to crawl upon the surface of the earth."

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish