"“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

Sunday, January 18, 2009

£200 Mn. Giveaway - form an orderly queue, whilst it lasts, shortage of supplies means bankers must be dealt with first (alphabetically)

Taxpayers face years of debt in bank salvage deal

Taxpayers are poised to take on the "toxic" debts of High Street lenders in a new bank rescue deal which will cost taxpayers billions of pounds.

Under the "pay as you go" plan, details of which are secretly being horsetraded between bankers, wankers and the rest of the Threadneedle flapdoodles in their elegant "parlours" , the Government will create a new insurance scheme (like the one that saved Equitable Life shareholders ?) that would see liabilities of up to £200 billion potentially kept on the public books for years. Sunday Telegraph

So we turned to Dean Swift and his exquisite tales of 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 King 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
..and he added ...

" 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 him 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."

and to conclude (and repeat) ..

But, if what I told him were true, he was still at a loss how a kingdom could run out of its estate, like a private person." He asked me, "who were our creditors; and where we found money to pay them?" He wondered to hear me talk of such chargeable and expensive wars; "that certainly we must be a quarrelsome people, or live among very bad neighbours, and that our generals must needs be richer than our kings."


Anonymous said...

Now lets see...Thats £200 Mn on top off...Opps...I will have to get a new calculator, my calculator only goes upto ten digits.

Anonymous said...

"Yellen says more fiscal aid needed"...


Anonymous said...

“Japan: City governments raiding remains of dead for precious metals”...


Anonymous said...

"Your MP may not even know about this proposal (it was sneaked out
under the Heathrow runway announcement)."...


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