The Bank of England....They lost it!

[Mega]

No Jokes, just read how EVERYONE is now to be F*cked!
http://www.bbc.co.uk/news/business-12282405
Bastards!
Mike

[thriftyandboringinohio]

Re: The Bank of England....They lost it!

Well Mike, look at the bright side.
The article says your VAT is going up so the financiers can get all THEIR income.
So not exactly EVERYONE in your country is buggered.

[Mega]

Re: The Bank of England....They lost it!

Bank of England to Nation:-
Your F8cked, you are TOTALLY F8CKED !
http://www.telegraph.co.uk/finance/e...nce-1920s.html

[lektrode]

Re: The Bank of England....They lost it!

Bank of England to Nation:-
Your F8cked, you are TOTALLY F8CKED !
http://www.telegraph.co.uk/finance/e...nce-1920s.html

heeeerrrrrrrr it comes......
noted the image about 'asian bling' ?

have been wondering that the current downstroke in the PM's is starting to show 'tsunami' characteristics?
(as in: just before the really big wave rolls in.... the tide goes out.... really fast.... and really loooooow.....

huh?

[Mega]

Re: The Bank of England....They lost it!

Totally, totally....TOTALLY F 8 C K E D !!!!!!!!!!
http://www.independent.co.uk/news/bu...d-2194534.html#

[Chris]

Re: The Bank of England....They lost it!

I guess Merv was sick and tired of being made to look a fool by successive governments (particularly Labour) and decided enough is enough. I'm glad to see he's finally telling it like it is. The politicos have got away with destroying the economy for far too long.

[unlucky]

Re: The Bank of England....They lost it!

Mr King said he was unable to offer any imminent hope of a rise in interest rates in coming months because of the poor economic outlook. Savers and “those who behaved prudently” would be among the biggest losers in the squeeze, he admitted.

"Further rises in world commodity and energy prices cannot be ruled out," he said in his speech.
"Attempts to resist their implications for real take-home pay by pushing up wages would require a response [from the Bank's monetary policy committee]."


In other words, the Bank Of England will NOT raise interest rates to combat general inflation (which is supposed to be its job), but WILL DEFINITELY raise interest rates to combat wage inflation for workers. Very, very interesting.


There is a theory going around that the whole purpose of so-called "independent" central banks was always to ensure that the CBs serve the interests of the financial community, instead of serving the people.