Sunday 28 February 2010

'Uncle Bernie' endorses quantitative-easing joke.

The much loved 'investment artist' has been discussing his 'savings plan that didn't deliver'.

"There wouldn't have been a problem if they'd only changed the law to make what I did legal. Lets face it, depositors with banks like RBS would have lost all their money too, if the government hadn't stepped in and bailed them out. And remember: the government did it with your money, folks!

"What a klutz I was. These politicians sure know a thing or two. Listen boys and girls, don't make the same mistakes as Uncle Bernie. If you want to part a fool and his cash, do it the traditional way. Seek public office.

"Government - it's a licence to print money."


Elsewhere in the news - One of the architects of Enron endorses the IMF! More later

9 comments:

  1. We need better education. Teach people to realise that society is based on a bed of lies

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  2. Speaking as a Goldsmith, I don't think that you can take the law for a ride.
    At least not without a first class legal education

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  3. What would you do faced with this crisis? Just let the country turn to rioting?

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  4. Government does not pay so well. You spend all your time trying to get these bankers on board so that you have a job afterwards

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  5. Phone the Pharoah28 February 2010 at 13:17

    Bankers have Darling and Brown by the short and curlies. Also the Gov knows that letting the bankers do their magic tricks is a good way of faking recovery in the short term.
    Re-build the pyramid... see if it works...

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  6. If you throw money at anything, you can make a market in it. Look at Brit art.

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  7. Any economy dependent on housing and banking was always going to be a bit of an illusion.

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  8. Boom and bust were actually more likely under Brown's economic model. Rampant house price inflation, cheap credit, all storing up a bubble that would burst at some point

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  9. And show me a Chancellor who wouldn't do the same thing in the circumstances

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