Quote:
Originally Posted by Hugh
And the relevance of that comment to the current economic situation is?  |
Who benefited from the grossly artifical boom of the new millenium decade which some warned about through knowledge based on past experience several years ago but were often ridiculed and laughed at for spreading a doom phylosophy even though it mounted to little more than the most basic of maths and general econmic knowledge to know it was never sustainable ?
The corporations, the politicians and the bankers, the countrys tax money bailed them out of bankrupcy and now its the population being penalised, hundreds of thousands thrown onto to the dole que through redundancies and other job loss methods whilst those putting people out of work are then pointing their fingers at the people who have suffered at the hands of corporate industry and political failure, blatantly accusing them of scrounging and whipping up a frenzy of deflected contempt that should with very good reason be directed at those who played their part in this and benefited.
The bankers in essence committed fraud on an unprecedented scale of which house prices have still yet to fall to an affordable level for the majority of regular working couples as stated by Mr Osbourne himself on an appproxiamte average of 29k net per year and 10k in thier pocket would struggle and rightly so to obtain a responsible mortgage above 91k so even with approximately 10% deposit under normal mortgage criteria the vast majority of proffessional couples could not afford a house above £105k, it is the bankers who should be writing off with full impunity any debts arising as a direct result of their folly especially where secured lending went beyond normal mortgage lending criteria, it is the bankers who should be investing responsibly into the countries future to ensure the people who can work will have sufficient placements of suitable employment and it is the politicians who should be ensuring the bankers fulfil their obligations, otherwise all the past decade has proved is the bankers and largest corporations can and will commit fraud any time they like as they are beyond reproach due to their sheer size and our politicians will do nothing but benefit from continued insider trading whilst patting their good buddy corporates on the back.
We're in this together ? Like hell we are, I dont see those in power taking a paycut, I dont see those in power scrounging a second house of the tax payer handing it back to the country, I dont see those earning money on false pretences being threatened with job loss. Looks to me like they are after deflecting the blame away from themselves and hoping for a wider multicultural civil unrest whilst they sit pretty with their ammassed wealth.
Hug a hoody ? Thats got to be the biggest joke of all because Mr Osbourne is round the corner waiting to shank them in the back, (This is just a variation on the phrase to be stabbed in the back and should not be taken litterally).
Tough on crime tough on the causes of crime, another joke as we are about to see such an increased level of poverty it will without doubt raise crime levels exponentially. The impending increase in poverty is a direct result of the current governments policies, previous governments blunders, failings within the banking sector and overall general corporate greed.
These are the people who should be footing the bill of their past discrssions, not the middle working classes or lower who can barely afford their home and regular billsand a general mediocre lifestyle. Any working family below a sultry income of say £50k or less simply should not be affected by any cutbacks, and those who have fallen foul to a wide variety of unfortunate circumstances as a direct result of our often abusive society, in particular the corporate sector and other workplaces should not ever be scapegoated, the general public should never allow themselves to be motivated to persecute those who have already had significant misfortunate brought upon them at no fault of their own, otherwise the government may aswell start supplying tickets to Switzerland instead (hence the reference to the second world war) as the drastic measures currently being implemented by the new government will almost certainly mount to some level of involuntary euthenasia. Its one thing to see if anything can be done to aid the more vulnerable people into a more fulfilling and contributary lifestyle, its something else to enforce it with a whip.