Right at the start of this crisis TMP offered the world's politicians the simple way out, but no one listened.
We proposed that the US paid off Billy Bob's mortgage by printing money to employ him on public projects and thus crucially allowed the status quo to continue, while the toxic mess was sorted out and villains of the piece were identified and expunged.
Now EVERYONE is going to be forced to print money in a desperate attempt to stave off depression - except that vastly more money is now being poured on a bonfire that need never have been allowed to get to the size of conflagration we are now witnessing.
Obviously TMP would indeed have saved the world (sic) a lot of bother if only anyone had bothered to listen. But no one ever gets thanked for being right, do they?
This is now the first Conservative majority government the UK has had for a very long time. Over the past 50 years, the UK has become the fiefdom* of subversive factions that have just one thing in common: they are all minorities. Despite polling a minority of English votes, Labour even "won" the majority of English seats in 2005 by gerrymandering on a massive scale, and has damaged British society and its way of life for ever. Can Dave now fix it?
Showing posts with label toxic mortgage. Show all posts
Showing posts with label toxic mortgage. Show all posts
Friday, March 06, 2009
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