Banking Panic - The Plan (9)

Banking Panic - The Plan (Prelude)
Banking Panic - The Plan (1)
Banking Panic - The Plan (2)
Banking Panic - The Plan (3)
Banking Panic - The Plan (4)
Banking Panic - The Plan (5)
Banking Panic - The Plan (6)
Banking Panic - The Plan (7)
Banking Panic - The Plan (8)
Banking Panic - The Plan (10)
Banking Panic - The Plan (Nearly There)
Banking Panic - The Plan (The Arrival)
Banking Panic - The Plan (The Next Phase)
Banking Panic - The Plan (11)
Banking Panic - The Plan (12)
Banking Panic - The Plan (13)
Banking Panic - The Plan (Exit)
Banking Panic - The Plan (1st Encore)
Banking Panic - The Plan (2nd Encore)
Banking Panic - The Plan (3rd Encore)
Banking Panic - The Circus

Tightening the Screws

Three months on in the UK: Northern Rock and Nationalisation. For the sake of protecting a bank the British public have been exposed to guaranteeing around £100bn = £100,000,000,000 or alternatively:

£100,000 millions

From the original sum 'borrowed' (£26bn) to rescue Northern Rock from its own disaster this has escalated to 4x that amount in a little over 6 months. Whatever the justifiction, it is all basically interest and skyrockets out of control with no public scrutiny whatsoever. Perhaps it is less. Or a great deal more to be revealed in the very near future. Virtual money creating a massive debt that can never be paid and locks the public into this pathetically crude attempt at control. The gun-to-the-head scenario: do as you're told or... Burden the tax payer with yet more debt and nothing to do with the public. Pass on a debt to the public to 'create' private money. A creation of [mal]administration by [inept] government. This is indicative of Gordon Brown's staggeringly good/bad (add as appropriate) performance. This is legally allowed and well rewarded poor performance. This nation is bankrupt and has been been for decades. It's just now so clearly transparent. The last decade of propping up a failed system and 'hiding' behind lies that suggest 'we've never had it so good'. Rather more like Brown has never had it so good. Inflation has been masked all these years by taking money to pay for the ongoing failures and making everything look rosy. The £bns taken in raids by the ex-chancellor, now prime minister, has been squandered propping up a failed system in a crude attempt to keep the failure hidden from public scrutiny.

Banking Panic - The Plan (Prelude)
Banking Panic - The Plan (1)
Banking Panic - The Plan (2)
Banking Panic - The Plan (3)
Banking Panic - The Plan (4)
Banking Panic - The Plan (5)
Banking Panic - The Plan (6)
Banking Panic - The Plan (7)
Banking Panic - The Plan (8)
Banking Panic - The Plan (10)
Banking Panic - The Plan (Nearly There)
Banking Panic - The Plan (Arrival)
Banking Panic - The Plan (The Next Phase)
Banking Panic - The Plan (11)
Banking Panic - The Plan (12)
Banking Panic - The Plan (13)
Banking Panic - The Plan (Exit)
Banking Panic - The Plan (1st Encore)
Banking Panic - The Plan (2nd Encore)
Banking Panic - The Plan (3rd Encore)
Banking Panic - The Circus