Tuesday, December 08, 2009

No, Mr. Middle Class,


I expect you to die.

In 1964, the idea of destroying the global economy and plunging the world into chaos in order to make yourself a little wealthier would have been considered so deeply and sociopathically evil that only a Bond supervillain

would have even contemplated such a thing.

Now, 45 years later, the same behavior makes you a Capitalist Superhero instead.

RBS Bankster's Holding Labour Government to Ransom for £1.5 Billion
Companies / Credit Crisis Bailouts Dec 02, 2009 - 07:39 PM

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleThe Board of Directors of RBS Bank, which is 71% UK tax payer owned is using tax payer funds to pay for legal advice to ensure fellow ban

This action is in response to Alistair Darlings intention to block the bankster's from handing out obscene and shameful bonuses in the light of RBS playing its part in bringing Britain to the brink of bankruptcy. The government is by far the majority share holder in the defacto nationalised RBS bank in all but name and thus has the right to block the Board from paying out bonuses which are more than 50% greater than the £900 million skimmed off tax payers last year.

The bonus payments are on the false premise that the RBS has generated profits of £6 billion this year, however these profits are artificially generated business as a consquences of Bank of England Quantitative Easing monetization of UK huge tranches of government debt. Which coupled with the artificially low interest rates has resulted in the bankster's enjoying extremely high profit margins, the intentions of which was for the bankrupt banks to rebuild their balance sheets and NOT to pay out billions in bonuses.
...

I am a man of peace, but honestly, these mutants need to be hunted for sport.

To extinction.

To the right theme song, of course.

5 comments:

Fran / Blue Gal said...

Or, as "M" says in Quantum of Solace, "When you can't tell your friends from your enemies, it's time to go...."

Cirze said...

I would even support hiring Oddjob as the enforcer.

S

darkblack said...

Once is happenstance, twice is coincidence, the third time use a Steadicam rig and auction off the broadcast rights.

;>)

Batocchio said...

Bravo. What really gets me is that the Randians and GOP leaders are running around accusing government regulation of causing the collapse, the press is shy about pointing out how disastrous the Bush administration was, even by objective measures, and Obama is using the Bush playbook (and like-minded personnel) far too much. The existing order must be preserved, dammit, and the peasants and townfolk will die first.

If both parties merely pandered to the needs of the middle class and poor, we'd be in much better shape. Hell, even one party...

nunya said...

Bankers 'whacked' in arcade game

Mr Hunkin said the game was "proving very popular".

"I keep having to replace worn-out mallets," he said.