The banks are to inject 75 billion into the economy, as fuck all is happening in the way of growth – there is no plan B states Osborne. The difficulty is that all the additional money (in a brown paper bag in the third bin from the left on Hampstead Heath) will not be passed on by the banks; fuck the small shopkeepr, the local independent trader, the banks aren’t giving out additional loans but they still are paying their own bonuses. Didn’t Cameron just state that debt has got us into this problem and advised us all to pay off our credit cards (how the fuck do you do that), so the policy of quantitative easing doesn’t quite stack up.
As usual it will be a way to pump money into the city and bollocks to the rest of us.
Jason E Cooper 