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Jobless Recovery - Great! PDF Print E-mail
Written by steve   
Monday, 18 January 2010 12:23

You have heard the talk of a 'Jobless' Recovery. This means that economy is growing again but people are still losing jobs. However, the Banks are making a fortune out of charging much higher interests rates in a credit starved Main Street. I am not talking about 'credit' for consumer goods, but credit for essential smooth running or small and medium sized businesses such as your overdraft to assist your cash flow whilst you wait ever longer to be paid by cash strapped customers. Guess who's money the banks are loaning out at such high rates? Your Tax Payer funded Bail Out money!

If loaned someone money to get them out of a fix and they then offered your money back to your at credit card interest rates you would be excused for losing your temper with them and demanding the whole amount back instantly. So why isn't the Government jumping up and down on your behalf? The answer is clear: They want you in debt even if you dont want to be so the Banks get your future Tax earnings and you are then reliant on the Government to 'protect' you and Hey Presto! you have to vote for them or the sky will fall in.

You know see that Banks run the Government which is completely at odds with Democracy. No wonder the Arab world does not want our false 'Democracy' - neither do we! We want our money back, with all the extra interest Banks have been charging refunded. Banks can go bust - you are not taking us with you. Whenever Banks were left to go bust in the past, the recovery took barely 18 months until genuine wealth and prosperity returned on a sound footing. This recession will last 10 years unless we come to our senses and stop pouring good money after bad. Banks may have been in a planned critical state but it took Gordon Brown to hand the Bail Out money over and blame the Bank for their greed. What mug would give another credit card to a Teenage Tearaway? You can't blame the Banks for taking the handout. You can't blame us for taking it back!

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Last Updated on Sunday, 31 January 2010 13:49