Hugh Hendry has the balls to call out the "Champagne Socialists" in government, and voice the truth with regards to the insolvent fraudulent banking system. He's a hero.
@ADONISindeed HH hasn't grasped that it wasn't the "champagne socialists" who ran the private sector banks into the ground, based on light-touch regulation that they successfully lobbied for, to the extent that the banks required state / taxpayer bailouts!
It's also noticeable that HH brushes aside the question of whether a hung parliament reflects public opinion. He doesn't care! Democracy isn't a priority for hedge fund speculators, in an era of international capital mobility.
The Markets (Banks) want to know who has money to give them ASAP.After listening to Mr Hendry, all these bailouts are not for the people, but for their banks.He stated that the Greek bailout is for French banks and they maybe betting for the Euro to fail.
People need to remember the government does not create wealth. So any bailout money comes out of any taxpayers money if, I.M.F are involved.
Its Casino Capitalism and the taxpayer is the bitch in all this. - Rant Over.
Can't news presenters just sit down?
bevok 1 year ago
Hugh Hendry has the balls to call out the "Champagne Socialists" in government, and voice the truth with regards to the insolvent fraudulent banking system. He's a hero.
ADONISindeed 1 year ago 3
@ADONISindeed HH hasn't grasped that it wasn't the "champagne socialists" who ran the private sector banks into the ground, based on light-touch regulation that they successfully lobbied for, to the extent that the banks required state / taxpayer bailouts!
It's also noticeable that HH brushes aside the question of whether a hung parliament reflects public opinion. He doesn't care! Democracy isn't a priority for hedge fund speculators, in an era of international capital mobility.
londonscot1 1 year ago 2
Fools. Fully occupied with drawing fancy charts while Tsunami is coming...
SvrchovaneCechy 1 year ago 3
The Markets (Banks) want to know who has money to give them ASAP.After listening to Mr Hendry, all these bailouts are not for the people, but for their banks.He stated that the Greek bailout is for French banks and they maybe betting for the Euro to fail.
People need to remember the government does not create wealth. So any bailout money comes out of any taxpayers money if, I.M.F are involved.
Its Casino Capitalism and the taxpayer is the bitch in all this. - Rant Over.
mccurdy316 1 year ago 4
Nothing resembling capitalism is taking place in the world now. It is all socialist bailouts and endless welfare.
pismo10 1 year ago 12
@pismo10 socialism for the rich and 'markets' for the rest of us.
DavidAKZ 1 year ago 4
KW - "So Hugh, how's it looking?"
HH - "The banking system is insolvent".
KW - "Thanks Hugh. Now on to sport".
unfundedliabilty 1 year ago 26