Re: No Bail Out for Morgage Defaults on the Cards - Elderfield
At this stage the majority of these Bondholders are either :
-A powerful and connected Mix of our own Billionaires and Multi-millionaires
- Major European Institutions, German or British.
In any case, our Govt decided it could not allow these Groups to suffer their losses even if it meant handing us the Bill in its entirety. Did they decide this of their own accord or was pressure applied?
The first robot president won by exactly one vote. Ah, yes! John Quincy Adding Machine. He struck a chord with the voters when he pledged not to go on a killing spree. But, like most politicians he promised more than he could deliver.