Sunday, October 5, 2008


Where did it all go? Who has it? Where are they living? Where is it all stashed?
And how did they get away with it?
I'm talking about the money.
(May I just interrupt my self here for a second? Firstly, I'm still not dead. Just still recovering from a Bone Marrow Transplant and up to now most days, frankly, I hadn't the energy even to blog. But some things make the blood boil. Like this economic collapse. And boiling blood isn't good for those who have had Bone Marrow Transplants.

Secondly, I made a mistake on that blog below, the one that just says no Who Is Disabled? and nothing else. I can't get rid of it. I crash when I try. So I'll get off to the help centre when I'm finished with the economic situation.)
There is no doubt whatsoever that billions, trillions, zillions of euro, dollars, pounds, yen - whatever- were generated in recent decades.
Mostly, it was generated doing good things like building homes for people, providing infrastructure where it was needed and helping to improve those countries whose lot it is to be the poorest on earth.
Sometimes, it was generated by doing bad things, like invading other people's countries, wrecking them and then giving your mates billions of dollars to build them back up again.
And of course, propping up nasty but friendly regimes.
But now, the money appears to be gone. Vanished into thin air. Nobody knows where it is.
The banks are going down for billions, and nobody, in the banks or anywhere else, seems to have the faintest foggiest notion as to what to do next.
So it's governments - people that is - who have to cough up. We in Ireland are guaranteeing banks for €400 bn and climbing. The US has stumped up $700 bn and climbing. Britain has forked out hundreds of millions, Greece the same, The Dutch, Belgian and Luxembourg governments have had to dig deep too.
And what's in those deep pockets? Our money, that's what.
But wasn't it our money that was in the banks? Got it in one.
The banks took our money, used it, stuffed the profits in their pockets, went bust and now it's back to our pockets again to bail them out.
I mean, if it wasn't so damned sad, so damned hard for those who will suffer most (see above: those countries whose lot it is to be the poorest on earth) and so damned immoral it would be be funny.
We've been suckered by a few people - and in the context of the world's population it is VERY few people - who have played with our money, our families, our jobs, our countries, and made off with the lot.
And just to make sure, that a few years down the road it can all happen again, we're bailing them out.
Who will go to jail? (Not apocryphal)
Who will be punished? (Not apocryphal)
Who will have their ill-gotten gains removed from them? (Not apocryphal)
You know, we thought our world was run by sometimes inept, sometimes corrupt, sometimes immoral, sometimes greedy, sometimes plain stupid politicians.
But we were wrong.
It is and has been run by always inept, always corrupt, always immoral, always greedy but never, ever plain stupid bankers, hedge fund managers and economic whizz kids who profit from the doom for which they have long been harbingers.
God help us.

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