HOLLYWOOD
Member
- Joined
- Nov 29, 2007
- Messages
- 22,314
British Bungle Bank Bailout...
Everything should be balanced... when you add somewhere... you must subtract. Governments are Reckless and the founding fathers, especially Thomas Jefferson were aware of the "Corrupt Fiscal Policies"
LOOK at this MESS that just happened in the UK! First the taxpayers bail them for like $25 BILLION via the UK Treasury and now, the TREASURY has to buy them out...
Congratulation Bank of Britain(TREASURY) your now the proud owner of a BANK corporation: Northern Rock
Northern Rock gets Bank Bail Out!
http://norris.blogs.nytimes.com/2008/02/17/british-bungle-bank-bailout/
Cause and Effect... No one ever looks at the reality of those to words in fiscal policies.
Everything should be balanced... when you add somewhere... you must subtract. Governments are Reckless and the founding fathers, especially Thomas Jefferson were aware of the "Corrupt Fiscal Policies"
LOOK at this MESS that just happened in the UK! First the taxpayers bail them for like $25 BILLION via the UK Treasury and now, the TREASURY has to buy them out...
Congratulation Bank of Britain(TREASURY) your now the proud owner of a BANK corporation: Northern Rock
Northern Rock gets Bank Bail Out!
http://norris.blogs.nytimes.com/2008/02/17/british-bungle-bank-bailout/
Cause and Effect... No one ever looks at the reality of those to words in fiscal policies.