Saturday, 24 September 2011

The Continuing Rape of the Poor

It has to be said: the continuing pouring of money into the busted banking system is nothing more than the transfer of wealth from the world's poorest to the world's richest.

The muttering about restarting quantative easing (printing money or that evil of the eighties; increasing the money supply) is really a discussion about pillaging the savings and pensions of the previous working generation and the savings of the current generation.

We are paying through the nose for our generation's massive fiscal mismanagement and our children and grandchildren will be paying for this generation's largesse for decades to come.


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