Wednesday, September 19, 2007

Independent Bank of England Agrees To Do What It's Told

Just why exactly do we pay such high salaries to all of these apparatchiks, in the Financial Services Authority, the Bank of England, and the Treasury? They always do just exactly what Gordon tells them. So what's the point of them? Why don't we simply replace them all with cardboard cut-outs to save on the salaries and the pensions? Oh, sorry, I was forgetting that Badger Darling already is a cardboard cut-out; of his Lord and Master, Toad Gordo.

Make mine a £10 billion pound 'injection' of counterfeit cash and a nationalised banking system with Toad Gordo as chief banker!

I really just can't quite believe that this week has happened, with a nationalised UK banking system feasting upon moral hazard, the sluice gates opened to massive sterling inflation with endless 'injections' of fake paper, and the Federal Reserve pouring away what value remains within the dollar to satisfy its masters on Wall Street. And it's only Wednesday! Ye Gods.

We shall repent at our leisure.

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