Oct 9, 2008

Wreckjavik and the Councils

Icelandic Vikings...

Councils in England are renowned for being run by people that couldn't find proper work and busy-body 3rd rate wannabe politicians.

It is emerging that quite a few of these morons invested lots of money in foreign banks paying high interest rates.....

The facts are that anyone who cares about finance has known for a long while now that Iceland is a giant over extended hedge fund which would sooner or later crash..

Anyone sticking millions of pounds into these banks must be.......

Now these losers are begging for their losses to be repaid by every taxpayer.....

The time for ropes and lampposts gets ever closer.

1 comment:

Anonymous said...

Idiots.

My council lost £50 million.