Christmas Eve and businesses are failing all around the World. Houses are being repossessed and the price of oil continues to fall.

The only people with money are the "Rich Bankers" who have benefitted from trillions of taxpayers money to keep them in their lavish lifestyles overseeing companies that have failed but are still taking money out of people's pockets.

2009 will see even bigger collapses - the car industry has not gone under yet but is about to.....more of the high street is rocking on the edge - even large shops are now teetering on the edge.

Unemployment is going up.

So what next ? BROWN has put his feet up claiming to have saved the World with a small VAT cut....and BUSH is riding off into the sunset........

It is not looking good - in the USA the banks refuse to say how they have used the money. Worse than that banks are still not lending in the USA or UK. Mortgages are still impossible to get. Interest rates on credit cards and loans are still massively high compared to the actual Central Bank Rates of less than 3% worldwide ( Your credit card should be around 6% interest maximum at present if they were being fair with you )

We are in danger of a full depression lasting 10 years because of BROWN's incompetence and his giving of money to banks who did not deserve it. Hold onto your hats - the media is not reporting the truth for fear of scaring people ( they would be accused by BROWN of doom-mongering )..........

bail-out=rip-off

Its the greatet scam of the century and the collapse of capitalism as we know it.
This year we are seeing Thatcherism=Reaganism=Blairism and the greatest fraud of all time-gloabalisation finally reach it's conclusion in a deliberately planned plunder of state coffers by the corporate sector aided by compliant politicians.

All of these devotees of Milton Friedman are revealed for what they are-sheer hypocrits who either never actualy believed in his theories or want to play it both ways. This disaster should have been allowed to run it's full course and every shonky bank, mortgage broker etc let go to the wall. It would have been ugly but what would have emerged would have been far better.

But look at the lessons being taught !.

If you are working or middle class and hit bad times you will be allowed the "dole" for a limited period (the next scam that will be introduced in the UK similar to the USA to drive down wages and create a similar sub-class of worker as in the USA's estimated 40 million working poor ) but if in the top 5% not only is failure an option but you will be rewarded for that failure and encouraged to persist.

Manwhile polticians like Brown wring their hands and still refuse to chase the estimated yearly 80 billion pounds in unpaid corporate tax ( which would easily pay for aged pensions and the entire social security bill) and pander to tax dodgers like Rupert Murdoch (who is only one in a thousand).

I've been channelling my socialist grandfather and remember the argy bargy during dinner time discussions where he railed against the stock market ("organised theft)and 'corporatisation' whilst one brother-a stockbroker/banker /property developer angrily defended the 'system" ("he just doesn't get it" Pops would say..the brother went bust 2 years ago) and remember the signs to look for..and sure enough one emerged early last year.

In the USA in early 2008 an outrageous bill was passed that prevented ordinary citizens from declaring bankrupty for credit card debt ( sadly Barak Obama voted for it). Alarm bells rang as this bill was little reported and considering bankrupty is the necessary tool to keep capitalism re-invigorated I correctly guessed something bad was soon to be upon us. Here was a bill anticipating the collapse into lifetime debt of millions of Americans who would become indebted to banks and would forever beholden to them for compounded credit card interest.

Be aware..I guarantee it will be a Nu Labour policy within months as governments worldwide begin to shift the blaim for the great financial collapse onto ordinary people and away from their corporate masters !