Economic crisis

RBS bosses' pensions, cartoon by Steve Bell

Britain: Alistair Darling, the Chancellor of the Exchequer, has just announced the world’s biggest bailout for a single bank in a bid to rescue the Royal Bank of Scotland (RBS): here.

Quebec: The ruling elite views the province’s deteriorating fiscal position as an opportunity to press for changes in socio-economic policy that it has long sought, including cuts in public and social services, hikes in university fees, electricity rates, and user fees for many government services: here.

USA: Taxpayers on hook as some bailed-out firms prove frail: here.

3 thoughts on “Economic crisis

  1. Pingback: Corporate media, sycophants of warmonger politicians | Dear Kitty. Some blog

  2. Pingback: JPMorgan bank advocating dictatorship | Dear Kitty. Some blog

  3. Pingback: Most people critical of capitalism | Dear Kitty. Some blog

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