So did a UK MSM finally wise up to what has just happened with Libor/Europe/UK ruling establishment and realise it has to take it back to the Americans. To the Americans – you need to realise the Europe issue runs very deep with the British ruling establishment and public they will never, never have the Euro so bring it on
Great editorial on “The Slog” this morning:
CRASH 2: Thank God it’s Friday?
Talks about all of the damage to the Financial elites, region by region, as lieborgate spreads,very logical.
His take on Wall Street and the end of the piece:
Wall Street is viewed by many Sloggers and the world at large as both unassailable, and beyond the very short arm of the Law. But events are now so neatly arranged into what is being called The Perfect Storm, I do not think the Street will survive as an institution of World significance. An EU heading for the cliff will overwhelm the American banking system in a Second Flood of poorly managed derivatives and obligations, revealing for good and all how investment bankers had their Tulip Moment by ridiculous over-valuation of what is, in most cases, nothing more than the IOUs of bankrupts.
As and when this happens, if it’s before November this year, Obama will use it as a stick with which to beat Mitt Romney and his addiction to the Greed is Good philosophy. If it happens later (and that is still the most likely outcome) he will use it to bash the Republican Party and have his revenge upon Lloyd Blankfein and his pals. It won’t alter the reality of a USA very quickly drowning in debt as the inevitable global protectionism takes hold of everything from imports to interest rates, but it will damn banking globalism to history. And as American power thus fades, the Stall Cheat Wankers will never rise again.
Sloggie is smarter than the majority of MSM put together
GOD = FRAUD
OK…..thanks Lloyd for straightening that out
Article date: 8:43AM BST 19 Apr 2010
The moral of the story must be then;
We’re all wasting our fu^%ing time, nothing will happen, nothing will change, if the people leave it to the “authorities”.
Neolibralism tells us “god = market” so… by raping god hes… helping him? to… mastrubate?!
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