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Posts Tagged ‘rbs’

George Osborne About To Kick Butt

Mervyn King

Mervyn King

Mervyn King, the Aston Villa supporting financier has left or is leaving the Bank of England. There seems to be a few other major financier’s leaving such as Stephen Hester of RBS are going to pastures new which in my view is a sign that George Osborne is getting about fed up of the economy sluggish growth.

George Osborne needs a result and therefore needs to shake up the positions he can influence. Quantitative easing needs to trickle down to the real economy. £1.5 billion was wiped of the shares when Stephen Hester decided his position was untenable or some other such phrasing. Stephen Hester could not reconcile being a world class bank and a institution that takes risk on investing in speculative ventures.

Mervyn King knows that George Osborne wants to win the election in 2015. He can only win the election if the economy is getting stronger and bigger in a way that the ordinary public can believe in. Mervyn King would have been in the way of George Osborne ambitions and needed to go. This position is at the root of the next 2 years financial policy along with big companies evading tax and possible war in the Middle East.

2015 election campaign has just begun! 

 

 


The Daily Digest #35

Added on March 16th, 2009 by pokerknave
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We present another whinge and moan from Jack Reynard about the RBS Sir Ken Goodwin. Hopefully Cherie Blair comes to the rescue and takes the money back.

Also, a look at the saga that is Kerry Katona and her tabloid life style. Is she the long lost sister of Jade Goody? Why do these people want us to know ever little detail about their life? Why do we as consumers continue to be hustled by these people?

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The Daily Digest #33

Added on March 6th, 2009 by pokerknave
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The Demonstration Edition. The first topic is the demo outside Royal Bank of Scotland which looked outnumbered by the police. The second demo was by Leila Deen who threw green custard into Lord Mandelson’s face, and, the third was the demo of love for Michael Jackson at the O2 Arena, when he announced his farewell tour. Cynically Jack Reynard wonders if this is going to be a recurring thing with Wacko Jacko?

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The Daily Digest #27

Added on February 26th, 2009 by pokerknave
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A very angry edition on the theme ‘..because I am worth it’! The first to get attacked is Jack Tweed and Jade Goody who want their cake and to shove it in our face. The second is Sir Fred Goodwin who should not get £650,000 per year for bankrupting a bank and ruining the Scottish economy, and, finally the silly James Miller for being such an idiot.

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