| Submit your comments on this article |
| Britain |
| Britain Unveils Second Financial Bailout |
| 2009-01-21 |
| The British government announced on Monday a fresh bailout package for its beleaguered financial system designed to spur lending and prop up the economy.< |
| Posted by:Fred |
| #2 I have a radical unworkable idea, if you want to get the consumers to spend, give the cash to the general public. One Million per each and every citizen would cost a whole lot les than the "Bailout" and would definately solve all problems today. People could pay off any mortgage, buy new cars and trucke (Hell Yatchs) and still have money to deposit makong all banks solvent again. Yup "How Dare I suggest such a wastefull thing"? I Dare. |
| Posted by: Rednek Jim 2009-01-21 13:01 |
| #1 Big Banks are sure raking in a lot of free cash lately. I wonder if the UK bailout money has any more strings attached than the US money? |
| Posted by: bigjim-ky 2009-01-21 10:15 |