August 22, 2012 at 11:13 am
Biggest insider dealing scam of the last 10 years? Labour politicians using ‘expenses’ to do up multiple properties knowing full-well that the government would do everything possible to maintain runaway house pr*ices.
Turn a blind eye to reckless lending? Oh yes.
Ignore house price inflation to justify low interest rates? Oh yes.
Change from RPI to (lower) CPI to justify lowering interest rates? Oh yes.
Employ one million bedwetters, box-tickers and bastards on job-for-life deals and set them loose on the limited housing stock available? Oh yes.
Reduce interest rates to 0.5% to artificially prop up house pr*ices even more. Oh yes.
Guarantee mortgages to the (newly) unemployed for two years. Oh yes.
No wonder the likes of Alistair Darling flipped five (was it?) flats.
C*unts. Destroyed the UK economy so they could make a few quid in property speculation.
Darling, Balls et al, not to mention the Bory's, were all at it - whilst I think this was merely a symptom of a deeper malaise it is but a gold seam to add to a rather thick and luxurious noose we should be hanging the lot of them by.