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Sunday, 4 January 2009

Throwing more money after bad

Gordon Brown and Alistair Darling seem unable to learn a simple lesson and are reported to be considering:
"a second bailout for banks as the lending drought worsens.

The Chancellor will decide within weeks whether to pump billions more into the economy as evidence mounts that the £37 billion part-nationalisation last year has failed to keep credit flowing. Options include cash injections, offering banks cheaper state guarantees to raise money privately or buying up “toxic assets”"


Hey it's only our money this Labour rabble are throwing away, only our money being spent in order to buy Gordon Brown enough time before total economic collapse hits the UK to call a General Election.

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