09 Feb
Posted by Finance Analyst as training institures and schools
Is the govt (ie Mr Brown) right to pour money into the finance institutes, when we know its its the public who have to pay for it. is he saving jobs or saving hes city friends . the jobs are still disappearing.
This applies to bush and the wall st idiots the same .
what is happening to all this money being borrowed .
are the public actually seeing any of it, or just being asked to pay for it in the future.
so far as i can see the only help to the public in general is the VAT cut and that has cost the sales world millions to implement it and the customer only benefits if he/she spends money, and thats what most dont want to do at the moment.
The pound is down world wide because of the rate cut while most banks and mortgage lenders choose not to pass it on.
And savers are saying what the hell why has my savings been hit , to help others its not my fault.as now the elderly and wise are paying for the profligasy of many of the rich and young, who werent really rich only more in debt.
Basically is Cameron right.
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