UK... "The banks are fucked, we're fucked, the country's fucked."

The United States is suppossed to be in bad shape, what about the United Kingdom? I love that quote from the cabinet minister.

http://www.guardian.co.uk/politics/2009/jan/19/economy-banking

As the Treasury last night finalised its second sweeping banking revival package in three months, Downing Street was preparing to go on the offensive, justifying the package not as a bail-out for the banks, but an attempt to protect companies and families trying to secure a mortgage. The £200bn insurance scheme is not for the culpable banks, but for their innocent customers, ministers will say.

The tone towards the banks is becoming more aggressive. Gordon Brown and a phalanx of ministers will say they share the frustration of the public at the irresponsibility of past lending practices, the slowness with which they have revealed their debts and their stubborn refusal in the past few months to release credit.

The tactics, however, betray a nervousness in Labour circles that the public will simply not understand why there is a second tranche of help going to Britain's bankers, who have already received billions of pounds of loans, guarantees and capital. There is also a worry that Brown's inadvertent title as saviour of the world might be slipping.

Opinion polls show government popularity falling in the new year. David Cameron may be internationally isolated in his opposition to a fiscal stimulus, but it does not seem to be hurting him. A YouGov poll in the Sunday Times showed Cameron's Tories rising four points to take a 13-point lead.

Privately, something close to desperation is starting to develop inside government. After watching the slide in bank shares on Friday, one cabinet minister did not altogether joke when he said: "The banks are fucked, we're fucked, the country's fucked." ...

I think the whole world is fucked up economically.

Ladies and Gentlemen, seen any unicorns or little people around? Cos fuck me, I just read honest words from a politician.

You gotta laugh though....the banks take the piss with our money in order to line their own pockets, they fuck it up, and then ask for more money from us to save their arses. If they get it, it's good money after bad because it'll all go on stress bonuses and golden parachutes, and if we don't give it to them we're fucked anyway.

Keep your country tidy, kill a banker.

Doctor? wrote: Ladies and Gentlemen, seen any unicorns or little people around? Cos fuck me, I just read honest words from a politician.

You gotta laugh though....the banks take the piss with our money in order to line their own pockets, they fuck it up, and then ask for more money from us to save their arses. If they get it, it's good money after bad because it'll all go on stress bonuses and golden parachutes, and if we don't give it to them we're fucked anyway.

Keep your country tidy, kill a banker.

Nice one Steve. It is amazing that all the taxpayers money thrown in their direction,interest rates coming down...yey fuck me,my mortgage is going up by £100.

paid off a loan first week of Jan, had the dollar so for piece of mind in these uncertain times etc

earlier this week got a phone call offering me another loan,alternative house insurance, come in for a chat etc, we'll put the kettle on and get the best biscuits out

they said this call was a COURTESY call

it was 7.45 at night

I was having my dinner

it wasn't very courteous

and it was off the set of twats who in november billed me thirty quid for a letter that said I'd gone overdrawn by just under £5 !!

on Monday will be putting the mac kopeks into a building society or a box under me bed

fuck 'em

if you just ignore it, stop believing everything the media comes out with and get on with life you'll find in a few years time you'll have forgotten all about it, just like all the other times this has happened.

now just relax and listen to some music, that's far more important.

Jed Stephens wrote: if you just ignore it, stop believing everything the media comes out with and get on with life you'll find in a few years time you'll have forgotten all about it, just like all the other times this has happened.

now just relax and listen to some music, that's far more important.

Jed for PM!

0_o wrote: The United States is suppossed to be in bad shape, what about the United Kingdom? I love that quote from the cabinet minister.

http://www.guardian.co.uk/politics/2009/jan/19/economy-banking

As the Treasury last night finalised its second sweeping banking revival package in three months, Downing Street was preparing to go on the offensive, justifying the package not as a bail-out for the banks, but an attempt to protect companies and families trying to secure a mortgage. The £200bn insurance scheme is not for the culpable banks, but for their innocent customers, ministers will say.

The tone towards the banks is becoming more aggressive. Gordon Brown and a phalanx of ministers will say they share the frustration of the public at the irresponsibility of past lending practices, the slowness with which they have revealed their debts and their stubborn refusal in the past few months to release credit.

The tactics, however, betray a nervousness in Labour circles that the public will simply not understand why there is a second tranche of help going to Britain's bankers, who have already received billions of pounds of loans, guarantees and capital. There is also a worry that Brown's inadvertent title as saviour of the world might be slipping.

Opinion polls show government popularity falling in the new year. David Cameron may be internationally isolated in his opposition to a fiscal stimulus, but it does not seem to be hurting him. A YouGov poll in the Sunday Times showed Cameron's Tories rising four points to take a 13-point lead.

Privately, something close to desperation is starting to develop inside government. After watching the slide in bank shares on Friday, one cabinet minister did not altogether joke when he said: "The banks are fucked, we're fucked, the country's fucked." ...

o, how does it feel to be 'fucked' now!