Am I missing something ?
The UK is aiding the USA in two wars.
(we are still in Iraq)
At a fiscal cost of billions, trillions...
Oh who's still counting ?
While our eyes were on the war(s) and online porn,
the B(w)ankers stole all the money.
Yet they are in the club(s), casino's and brothels
whilst we get the bill for it all.
Lengthening dole queues and pay cuts for all.
(well us - again)
Now they want to implement the pension age rise.
Workers in France and Greece and...
kick off against the attacks on their living standards.
Thu UK just accepts, doesnt even criticise.
A revolution is what is needed.
We should be out on the streets.
If we dont do it now - when are we ?
Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts
Tuesday, July 20, 2010
Tuesday, September 09, 2008
Its A land Grab.
Fannie Mae and Freddie Mac taken over by the US Government.
The two companies combined accounts total more than $4 trillion.
They hold the mortgages of HALF the homes in the USA.
And they collapsed.
No damaging boardroom battles here, though.
Nationalisation, and by a right wing American Government at that.
The US Treasury said, "Fannie Mae and Freddie Mac are so large and interwoven in our financial system that a failure of either of them would cause turmoil in financial markets, here and around the globe."
Halifax, the Uk's largest mortgage lender, has major financial dealings with both companies.
Both the US and UK economies are teetering on the brink.
Credit crunch.
Recession.
Downturn in the economy.
BLAH BLAH.
The rich get richer !
The US Government ARE the rich.
Governing FOR the rich.
They own the commanding heights of the economy
and now 50% of American homes.
The two companies combined accounts total more than $4 trillion.
They hold the mortgages of HALF the homes in the USA.
And they collapsed.
No damaging boardroom battles here, though.
Nationalisation, and by a right wing American Government at that.
The US Treasury said, "Fannie Mae and Freddie Mac are so large and interwoven in our financial system that a failure of either of them would cause turmoil in financial markets, here and around the globe."
Halifax, the Uk's largest mortgage lender, has major financial dealings with both companies.
Both the US and UK economies are teetering on the brink.
Credit crunch.
Recession.
Downturn in the economy.
BLAH BLAH.
The rich get richer !
The US Government ARE the rich.
Governing FOR the rich.
They own the commanding heights of the economy
and now 50% of American homes.
Monday, April 23, 2007
They are lying to us !
Wages being kept down. (unless your a fat cat in the city.)
Inflation up. (but figures are still very low.)
Unemployment on the increase.
Insolvencies breaking records every month.
Home possessions rising alarmingly.
Yet, no one mentions RECESSION.
Every small business owner I speak to reports very slow trade, especially for the time of year.
The huge increase in Gas and Electric prices hurt everybody.
(I notice that the Power companies are profiteering by not passing on the lower costs that they now pay.)
The never ending rise above the inflation rate of Council Tax.
The ever spiralling cost of fighting TWO wars in Afghanistan and Iraq is crippling the UK's economy.
The figures showing the well-being of the UK's economy are FALSE.
In London, the number of Russian Billionaires spending on Property and Business has added to the Money-go-Round.
But, not enough.
How Broke is our Country ?
Inflation up. (but figures are still very low.)
Unemployment on the increase.
Insolvencies breaking records every month.
Home possessions rising alarmingly.
Yet, no one mentions RECESSION.
Every small business owner I speak to reports very slow trade, especially for the time of year.
The huge increase in Gas and Electric prices hurt everybody.
(I notice that the Power companies are profiteering by not passing on the lower costs that they now pay.)
The never ending rise above the inflation rate of Council Tax.
The ever spiralling cost of fighting TWO wars in Afghanistan and Iraq is crippling the UK's economy.
The figures showing the well-being of the UK's economy are FALSE.
In London, the number of Russian Billionaires spending on Property and Business has added to the Money-go-Round.
But, not enough.
How Broke is our Country ?
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