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Thursday 11 December 2008

Hero of the Day....Peer Steinbruck.




German Minister attacks 'depressing' UK economic rescue.

He is right. Private debt and greedy banks got us into this mess and public debt will not solve it. If anything it will make matters a lot worse a lot quicker. A Scottish Socialist Prime Minister and a Scottish Socialist Chancellor bailed out a bunch of Scottish bankers and Northern Rock Numpties. Savings should have been protected and the banks left to go under. The 'good' banks will survive and the bad ones go under.

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