Wednesday, October 8, 2008

It is time to pay up -- for the madness of the past 8 years




The UK tax payers are going to pay serious money (£20,000 = $40,000) for people who have gone mad... -- and we are still in for a deep long recession! It could not be any more brutal, except what I am about to talk about in the next blog... I am not making all this stuff up either. I am just reflecting the reality of what is going on.
Financial crisis: £500 billion bail-out plan helps stabilise banks

Each taxpayer faces a potential liability of almost £20,000 after the Prime Minister announced the biggest emergency rescue ever launched by a British government.
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3162206/Financial-crisis-500-billion-bail-out-plan-helps-stabilise-banks.html

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