THE UNIONISTS SHOUT ABOUT LONDON'S FINANCIAL CLOUT BUT WHAT HAS IT DONE TO BRITAIN?

CLICK TO ENLARGE

We're often told how much we should be indebted to the City of London's financial clout but looking at the figures above we have the lowest growth in the G20 with the exception of Japan, which had an earthquake and a nuclear disaster!

What that means of course is that thanks to our lax banking system, put in place by Labour, we are basically fucked.  We are falling behind most of the G20's other countries as countries like Argentina, India, Russia and China race ahead.  How long will it be, until their standard of living is higher than ours?

Look as well at the debt figures.  Many of them are much lower than ours which enables them borrow more should they need it to promote growth.  I'm fortunate to bank with an Australian bank, (the Clydesdale), which wasn't allowed to gear up their lending by the Australian government, unlike what happened here.  Their debt ratio is 13.6% of GDP.  Other Western countries like the US are in a similar position, to us, although their growth is higher meaning that they will get out of debt quicker.

So in other words, the country has been bankrupted by the banks as we all knew.  We then bail them out and another part of the bankster hierarchy lends us the money to do it and every time money moves in the world they make money!   Merrily, they fucking laugh!

I THOUGHT WE OWNED THE BANKS?

New mortgage lending fell to a record low in 2010 and advances are expected to drop further during the coming year, figures showed today.
Credit card interest is at a 13 year high of 18.9%, when the Bank of England, base rate is 0.5%.

I THOUGHT WE OWNED MOST OF THE FUCKING BANKS? 

I just said that for a laugh, BTW.  As usual the wee man, (that's us), are getting stuffed by our 'masters'.  The people of Egypt are fighting to attain what they call, 'democracy'.  They'll find out as we do continually, as least we would if the 'sheeple' didn't lick arses, that there is no such thing.  


My friends we live in a 'Quasi-Meritocracy', where we are governed by an elite.  This elite, voted for by us, cheat, lie and never, never lose.  I see Mervyn King is due a pension of £189,000 PA, when he retires in 2 years.

It's time we were out on the streets, as well as the Arabs!

ARE STATE OWNED BANKS GOING TO BE ALLOWED TO SCREW THEIR CUSTOMERS?

First-time buyers face a huge rise in the cost of their mortgages at Britain’s biggest lender.

Halifax has revealed plans to raise its loan rates from January for all new borrowers.

In a further blow, the lender – part of Lloyds, which is 41 per cent owned by the taxpayer – is also scrapping a promise that its standard variable rate deal will never be more than three percentage points above the Bank of England’s base rate.

This clears the way for the bank, which would have collapsed without a taxpayer bailout, to charge as much as it likes for its mortgage deals.

Yesterday, experts warned that other lenders are likely to follow the controversial move, which comes as millions face acute financial pressure.

Sorry?  I thought we owned these fucking banks?  Why then are the coalition allowing them to screw their customers with rates way above what they need to make a profit?  Why are credit cards at 29% and above in some cases?  Why can't we have a state owned bank which only deals in mortgages and small companies finance?  If these banking bastards, want to get back to their risky investments, which the Tories will believe me allow, why should any more tax payers' money be involved?

GOOD NEWS FROM LABOUR-TIMESHARES IN DUBAI FOR ALL TAXPAYERS

The Chancellor of the Exchequer announced this evening that he is going to insist that the £30 Billion owned to nationalised banks in DUBAI, is paid in property and all 20 million taxpayers WILL BE ABLE TO HAVE ONE WEEKS TIMESHARE ACCOMODATION every 3 years or so.

Alistair Darling told DL, " we might as well get something for our money instead of fucking wasting it like what we have done up to now.  DUBAI is ideal as a holiday destination as the weather is fucking roasting all year round and we'll soon own BRITISH AIRWAYS, so we'll be able to offer cheap flights as well.  Not just from English Airports either.  We expect to see flights leaving from all Scottish Airports, including BENBECULA and BARRA.  Whether anyone will come back is a different story.

AT LAST, Labour does something for Scotland.  So this is the UNION DIVIDEND THEY TOLD US ABOUT!  Well Alex, you can stick your SNP UP YOUR BIG, FAT ARSE, we're off TO THE SUN!