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The Credit Crisis Summed Up! https://www.breitlingsource.com/phpBB2/viewtopic.php?f=14&t=5590 |
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Author: | Damian [ Sun Nov 02, 2008 2:35 pm ] |
Post subject: | The Credit Crisis Summed Up! |
BANKS TO LEND YOU YOUR OWN MONEY 'I got confused' THE government is to invest £50bn of your money in British banks so they can lend it back to you with interest. The historic move is being hailed as a lifeline for the financial system as long as nobody asks too many questions. Julian Cook, chief economist at Corbett and Barker, said: "The government will give your money to the banks so the banks can start lending you that money, probably at around 7% APR. "Thanks to all the interest you're paying on your own money, the banks will make billions of pounds again and normality will be restored. "After a few years of this the government will cash in the bank shares it bought with your money and use the profits to build a huge fucking dome somewhere." He added: "In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot." Chancellor Alistair Darling said the decision had been taken in tandem with the banking industry, adding: "They used a lot of dirty words I'd never heard before and one of them had an angry looking dog." Meanwhile, Emma Bradford, a sales manager from Bath, said: "Why doesn't the government just give my money to me so I can buy stuff from businesses who will then make a profit and put it in a bank?" But Mr Darling insisted: "Shut up." |
Author: | Breitling Bloke [ Sun Nov 02, 2008 11:02 pm ] |
Post subject: | |
Damien - why did you post this in the "Funnies" section. I never read newspapers because this is the kind of crap they print. I HATE our politicians - just a bunch of spongers with their noses in the trough (which we have to keep full for them). ![]() I dearly love my country but hate the way it's going - nanny state etc - I'd dearly leave tomorrow. Now look - you've started me off! As a penance and for hijacking your thread with my rambling I'll post a funny to compensate. |
Author: | Damian [ Mon Nov 03, 2008 12:55 pm ] |
Post subject: | |
BB Read it again, it's a spoof ![]() |
Author: | Breitling Bloke [ Mon Nov 03, 2008 10:47 pm ] |
Post subject: | |
Yes Damian I did realise that - however it's pretty close to the truth. That's the sad part! I suppose it was only the serious bits which were true - might as well laugh at the situation I guess 'cos otherwise, well.......... ![]() |
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