The Editors’ Blog

It’s funny, don’t you think?

It’s funny, but has it struck anyone how amazing it is that in capitalism’s latest crisis, governments can suddenly find billions, nay, trillions of dollars to buy out the ailing banks? All with taxpayers’ money of course.

Yet isn’t strange how when nurses, firefighters, teachers, et al, are forced to strike for more pay and decent conditions there’s no money in the coffers? Or when repeated calls are made to eradicate child poverty and homelessness there’s no spare cash available?

Like I said, funny that…


 |  See posts tagged with:  banks  capitalism  credit crunch  economy  financial crisis  poverty


Comments

laughing all the way to the..

sighmon on 10/13/2008 | view this user's profile

Why don't the fat cats dip into their off-shore coffers? According to NI they are hamstering $1,600 billion each year.

Simon on 10/14/2008 | view this user's profile

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