Wednesday 5 August 2009

ImmOral EarNiNgS

Immoral earnings... Everyone should just refuse to pay anything!! What could the banks do?
The UK and USA governments were forced to bail the banks out or else they faced their respective economies collapsing. Effectively they had no choice!! The banks who have made billons over the last few years (offering 125% mortgages for example) turn around and say whoops!! Meanwhile, the UK government have to make cuts to public spending!!Because guess what MONEY DOESN'T GROW ON TREES!! These cuts are only going to get worse in the next couple of years affecting education and health etc... Then this week Barclays and HSBC announce profits of 5 Billion each...It's a crazy world!!! :-( grrrr

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