from the Times
Great, so more taxpayers' money is to be used to help our profligate financial institutions. Brilliant. Never mind that schools, hospitals, defence force etc need money we have to keep bailing out the bankers.
And why so much intervention to keep house prices from falling? The government did not see fit to intervene when property prices were booming, though it transfered vast wealth from the relatively poor to the rich and from young to old. Now when it seems like prices might fall so that a stable home might finally be within reach for many first time buyers, it is all "doom and gloom" and need for intervention...
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Alistair Darling is poised to intervene to help banks and building societies to secure more finance to grant new mortgages
23 replies
Upwind · 13/08/2008 09:38
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