Nearly a week after the triumphant Brexit campaign many Leave voters have been voicing their disappointment. "I just understand why it's not 1959 again," one voter told our reporter. "Why have all these black, brown and eastern European people not left already?" Another asked, "Where is Margaret Thatcher or, better still, Winston Churchill? Once they return from the grave we'll show these Johnny Foreigners what's for. Have they been deliberately hidden away from us by Parliamentary Remain campaigners? Without them how will we ever mount another D-Day invasion of the Continent to save the miserable people of Europe from themselves?" Meanwhile desperate Remain voters have been tossing bottles into the Channel (now definitely the English Channel once more) begging for help. The messages seem to be more or less the same; "Help! I am trapped on a cold rainy and windswept island in the North Atlantic where 52% of the population are clinically insane and government is non-existent." Still, the latest round of news should cheer them up as George Osborne, the only Tory politician still working it seems, plans to raise taxes (for working people, not the hard-pressed rich) and announces that the NHS is no longer affordable and spending on it must be cut as soon as possible. In further good news for Leave voters the EU has just announced that British banks will no longer be able to trade in Europe along with all other service industries in what was once the UK. As Nigel Farage said only a couple of days ago, "You're not laughing now are you?"
The News In Shorts
How the news would look if everyone stopped waffling and told the truth.
Showing posts with label Banking Industry. Show all posts
Showing posts with label Banking Industry. Show all posts
Wednesday, 29 June 2016
Disappointed Brexit Voters.
Nearly a week after the triumphant Brexit campaign many Leave voters have been voicing their disappointment. "I just understand why it's not 1959 again," one voter told our reporter. "Why have all these black, brown and eastern European people not left already?" Another asked, "Where is Margaret Thatcher or, better still, Winston Churchill? Once they return from the grave we'll show these Johnny Foreigners what's for. Have they been deliberately hidden away from us by Parliamentary Remain campaigners? Without them how will we ever mount another D-Day invasion of the Continent to save the miserable people of Europe from themselves?" Meanwhile desperate Remain voters have been tossing bottles into the Channel (now definitely the English Channel once more) begging for help. The messages seem to be more or less the same; "Help! I am trapped on a cold rainy and windswept island in the North Atlantic where 52% of the population are clinically insane and government is non-existent." Still, the latest round of news should cheer them up as George Osborne, the only Tory politician still working it seems, plans to raise taxes (for working people, not the hard-pressed rich) and announces that the NHS is no longer affordable and spending on it must be cut as soon as possible. In further good news for Leave voters the EU has just announced that British banks will no longer be able to trade in Europe along with all other service industries in what was once the UK. As Nigel Farage said only a couple of days ago, "You're not laughing now are you?"
Tuesday, 13 November 2012
Cameron On The Side Of The Banks.
In Iceland corrupt bankers and politicians were arrested and the huge debts that they had imposed on the country in order to line their own pockets were repudiated. As a result Iceland's economy not only recovered faster than any other economy in Europe, it is now growing at a faster pace than either the United States or Europe. Meanwhile in Britain David Cameron has used the occasion of the Mansion House Speech, by tradition a speech dedicated to foreign policy, to make it clear that he not only supports the banks but is wholly on their side. Warning that "trashing" the banks risks "trashing" the country, he laid out the fatcat view of the world. Essentially while the banks "trashed" the entire world economy because they were greedy, stupid and completely out of control, David Cameron thinks it is time for us to forgive and forget. "Go back to sleep" he urges us, "the economy is safe in our hands. We've instituted new controls over the banks whereby errant bankers will be severely punished if they break the rules - that is exiled to a sunny climate with only a few million quid to live on. Other than that it's business as usual. Just pay your taxes, accept the cuts to your standard of living and services, pay through the nose for petrol, gas and electricity and let the banks do what they want and everything will be tickety-boo." Referring to his recent jaunt around the world to sell arms to various nasty regimes who like to kill their own people if they disagree with them, the Prime Minister assured the country; "Don't worry about things like that. Every country has the right to kill, maim and intimidate if it likes and the arms trade is completely justified if the businesses involved are privatised. There is nothing wrong with profits, especially if some of it is diverted to the Tory party through "donations"".
Wednesday, 15 August 2012
What Does It Take To Close A Bank Down?
What does it take to close a bank down? Between them the world's leading banks have been guilty of laundering money, rigging markets, rigging interest rates and crashing the world's economy. There is, it seems, no crime that their executives will not entertain in order to boost their bonus payments, no risk they would deem to be too dangerous and no swindle they won't try. Yet, despite being found repeatedly with their hand in the cookie jar, not one of them has been prosecuted and not one of them has lost its licence. Governments across the world, with the glaring exception of Iceland, have chosen instead to "fine" them - a practice that is little more than an opportunist tax on criminal activity - while the banks pass on the costs of these to their long-suffering customers. Not only have they been considered to be "too big to fail" they have also been regarded as "too important to prosecute." The banking industry stands revealed as the largest criminal conspiracy the world has ever seen - far larger than the mafia, illegal arms dealers or drug traffickers - and yet not one executive is in prison and not one of them has been closed down. Nothing demonstrates the parlous nature of our much-vaunted democracy in the west than this brazen and unpunished criminality at the very heart of our financial industry and nothing demonstrates more forcibly the sham it actually is. Where is the rule of law in all this? As usual, when it should be applied to wealthy people, it is no where to be seen.
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