Happy Times Are Here Again


  1. #1 aubrey
    October 21, 2008

    ‘k, I’m not an american, so I’m not that up to date on your financial crisis. What exactly are you trying to say here?

    Are you pointing out that bankers have lots of money, and need none of the taxpayers’ for the bailout? That they should be paying for the bailout? That they are corrupt fatcats?

    The truth is worth getting to without waffling.

  2. #2 Paul Murray
    October 21, 2008

    Something about the bailout money not getting down to the mortgagees who need it. They gave the banks all this money, and the bastards just paid themselves out with it. What a surprise.

    Kevin (Rudd)’s idea is better – injecting the money into the bottom, and having it spent on christmas shopping. There’s also that 1% rate cut.

  3. #3 Steinn Sigurdsson
    October 21, 2008

    These institutions are allegedly insolvent, not loaning and cutting dividends.
    So they get a capital injection from the government, putting taxpayer money at risk, on very generous terms – and, voila, the christmas bonus is up – in four cases allegedly more or less exactly the capital injection they received is being paid out in bonuses.

    The kindest word for this is that it is impolitic.

  4. #4 Graham Shevlin
    October 31, 2008

    The kindest phrase for it that I can think of is “hypocritical, greedy, money-grabbing bastards”…

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