Mar 24

With luck Cyprus will let its banks go to the wall and start again. Worst case would be to accept 30 years of stagnation as a German colony. There are of course 100s of shades between with 100s interpretations. In reality I prefer the former as it is what the Uk should do but has instead poured 100s of Bns into a banking sector to avoid collapse all to no avail. The banks in the Uk are still broke and a under capitalised and still intent on theft or mis-selling as it is euphemistically called. Stagnation is indefinite and decline inbuilt into the destructive cycle of devaluation.

Today I read about the scam whereby an aspiring politician’s wife Hilary Rodham-Clinton had a 1000 dollars turned into a 100,000 dollars with remarkable 1 in 31 trillion chance trading through a broker. The point being in 1978 someone found the time to rig a market for an aspiring politician’s wife probably one of hundreds on the way up – these people are bought and paid for before you’ve heard of them.

The Govt of the UK and President of the US is likely to only need 25% of people eligible to vote for them or their party. Thus to hold the debts of Banks against an entire populace whether it’s the hardest working people in Europe the Greeks or the Cypriots is asinine. It may make it easier to take as you ignore their plight and pretend they are to blame.  However given the media and power of large finance to blame people because a manipulated minority voted for a particular party is surely the product of irrationality? To blame them for the morals of a corrupt and corrupting banking sector that happens to be based in their country is beyond stupidity.

Do I feel that I and my fellow Britons are responsible for our banks and the poverty they have caused in the UK and world wide? No. Do I feel responsible because Brown, Balls, Osborne, Darling and the media are evil selfish corrupt cunts? No. As said yesterday those bastards have already skinned Uk worse than the Cypriots will be. Cyprus cannot devalue which causes a crisis but the cost in 10 years time will still be less than UK bank depositors have paid.

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