What a screwed up world ! Banks, long seen as the pillars of the establishment have managed in a few short years to bring that establishment to it's knees, and us along with it. Of course the question of "who pays?" is pretty much moot. The governments around the world have made the decision for us. We pay. Or, if the amount of money needed is as vast as I think it is - our great-great-grand children will be paying.
Yet another bank had to be bailed out yesterday - HSH Nordbank needed 13 billion Euros of German taxpayer's money to keep it afloat. I can barely bring myself to think about the latest garbage from Gordon "no more boom and bust" Brown, as he pours another £14 billion into Northern Rock, as Northern Rock says "Fuck you, we want our bonuses for 2008.," despite posting enormous losses and being bailed out - twice. Protests are mounting around the world at bankers excesses, although to read a typical newspaper, you would think everything is hunky-dory. I am amazed at the duplicity, cunning and downright lies pouring out of the Government INC around the world. Every lying sack of shit politician has promised no more bonuses, and every bank has been carefully instructed how to go about avoiding that. These are a selection of photographs from protests that Fox news, the BBC et al seem blissfully unaware of. These are on Wall Street, outside The Bank of England, Iceland and Paris. All recently.
Bank is definitely the new four letter word, although I think we now need a new three letter word - Car. The Germans are pondering whether or not to bail out Opel, goodness knows how much money is going to be poured into GM and Chrysler, (although Ford demonstrated their commitment to frugality by unveiling an automatic parking gadget recently).