THE BANK OF ENGLAND is apparently going to bale out British banks by providing £50 billion worth of securities today, an act of sheer stupidity.
These would be the same banks which have reaped huge profits off the back of ordinary people and made immense profits and paid themselves huge bonuses over the last 10 years while they’ve wined and dined themselves and others and made hay while their fake sun shone.
These banks don’t need baling out at all. They require a proper riveting and kicking for behaving in an idiotic way. Truly, they are non-accountable. ♥
