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OnlyMe

Laughing All The Way To The Bank

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Not much to argue with here.

http://english.aljazeera.net/focus/2009/07...2424110179.html

Business as usual, but even better!

Roll up. Roll up. Roll up.

Wall Street and the City of London - the world's two major financial centres - declare it is "business as usual" again... They are hiring, poaching each other's staff and their profits are soaring.

"Even the Bank of America's investment banking arm, which includes the once very sick Merrill Lynch, is expected to make good money this year," reports the Wall Street Journal this week.

And, of course, bonuses are back. Even at the supposedly UK government-controlled Royal Bank of Scotland; the bonus is back with a vengeance.

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Time to stop paying my 40% tax. Too poor for the next bracket. I could do with my money staying with me rather than some stealing pig in a bank.

OFF WITH THEIR HEADS!

That's easy. Put your money into investments you can claim back on. The hard part is the 15-25% component labelled "national insurance".

I regard it as my patriotic duty to keep my money out of the clutches of the present government.

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If they can't make money when interest rates are 0.5% but mortgage rates miles higher they would be really incompetent. This coupled with the reassurance that whatever the gamble and lose on the government will pay for the losses after they have taken their bonuses. It's a one way free bet!

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If they can't make money when interest rates are 0.5% but mortgage rates miles higher they would be really incompetent. This coupled with the reassurance that whatever the gamble and lose on the government will pay for the losses after they have taken their bonuses. It's a one way free bet!

Not if they have been selling lifetime trackers at or below Base before the crunch.

They might be making margins on new business, but not the existing stuff. That is still causing them problems, I would guess.

A friend secured a lifetime tracker a few years back at 0.33 below base rate.

Not much money to be made there.

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Haha cry more, this thread shows clearly what this whole forum is based on - jealousy.

Jealousy at:-

i) home owners

ii) bankers who earn good money for supposedly doing nothing

iii) anyone who is asset rich and enjoys a good lifestyle - bonus points if they drive a 4x4

No wonder you ban all the bulls... by being bullish they've actually made some money...

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Haha cry more, this thread shows clearly what this whole forum is based on - jealousy.

Jealousy at:-

i) home owners

ii) bankers who earn good money for supposedly doing nothing

iii) anyone who is asset rich and enjoys a good lifestyle - bonus points if they drive a 4x4

No wonder you ban all the bulls... by being bullish they've actually made some money...

No, it's about morals, altruism and decency...

sorry... TROLL ALERT !

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Haha cry more, this thread shows clearly what this whole forum is based on - jealousy.

Jealousy at:-

i) home owners

ii) bankers who earn good money for supposedly doing nothing

iii) anyone who is asset rich and enjoys a good lifestyle - bonus points if they drive a 4x4

No wonder you ban all the bulls... by being bullish they've actually made some money...

Nah, we just ban the *****. Cheerio!

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Haha cry more, this thread shows clearly what this whole forum is based on - jealousy.

Jealousy at:-

i) home owners

ii) bankers who earn good money for supposedly doing nothing

iii) anyone who is asset rich and enjoys a good lifestyle - bonus points if they drive a 4x4

No wonder you ban all the bulls... by being bullish they've actually made some money...

You really are trying to get a reaction aren't you?

What's your story? Deep into the anger phase?

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Haha cry more, this thread shows clearly what this whole forum is based on - jealousy.

Jealousy at:-

i) home owners

ii) bankers who earn good money for supposedly doing nothing

iii) anyone who is asset rich and enjoys a good lifestyle - bonus points if they drive a 4x4

No wonder you ban all the bulls... by being bullish they've actually made some money...

For your information, the Federal Reserve in the USA is a private bank. It has been since 1913, and was twice previously. The Bank of England is also a private bank. It has been since its creation in 1694 (its so-called nationalisation in 1946 was a sleight of hand).

Anyway, here are the words of Sir Josiah Stamp (1880-1941), one time governor of the BoE, in his Commencement Address at the University of Texas in 1927. (He was reputed to be one of the richest people in the UK.) ---

"Banking was conceived in iniquity and born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take away that power, and all the great fortunes like mine will disappear — as they ought to in order to make this a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, then let them continue to create deposits.â€

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