Skip to main content

Another Brown fiddle

The link relates to the plan for the government to sell its loan to Northern Rock whilst continuing to guarantee repayment. This is actually much worse a position than they are currently in. At the moment they have some control over the situation. They lose all control over the situation, but continue to take on the risk. The figures today may look better, but the liability remains with the government.

Comments

Popular posts from this blog

Six months for recording a court hearing - Norman Scarth

The link is in Russian about the imprisonment of Norman Scarth who is actually 85. He has a complex history including a court hearing which found that he used a chainsaw to fight off bailiffs when he was 75. [a court judgment which is disputed see comments] However, that does not justify imprisoning him for 6 months for recording a court hearing (see the link and ask google to translate it if your Russian is not up to it). It has got into the Argyll News Because he has been held such that people cannot get to him to sign paperwork an application for a writ of Habeas Corpus was made today. This has been adjourned until next week. The English judicial system is really not good at responding to major abuses of human rights by the judicial system.