Wednesday, February 27, 2008
Speculation on the reasons behind Govt bailing out of Northern Rock
£110 billion is more than the UK government spends in one year on the entire National Health Service. So why is the UK government doing this and where is the money going? - The UK government is desperately trying to rescue a large UK mortgage lender while the Federal Reserve is secretly funding US banks to keep them afloat. The collapse of the international banking system is imminent. For the elite it will be a bonanza while for the rest of us it spells a return to servitude in a feudal society.