Thursday, 7 October 2010
Another day, another (massive load of) dollars
First, a massive and unprecedented bail-out and accompanying recession left a generation of people saddled with debt and a huge range of countries with a future of declining investment in public services and infrastructure.
Then, the very same elite - rich from billions of taxpayer pounds and, for others, from the ability to borrow money at hysterically low rates of interest as a result of the guarantee that they are 'too big to fail' - resisted any attempts to reform or regulate them
And now, well, they are just taking the p*ss. You could write a blog entirely composed of examples to give credence to this statement - but, for today, let's give three examples:
Posted by EtonMess at 10:54