Monday 22 February 2010

Once, twice, three times a bailout

The Tories’ latest attempt at making them the least popular government in waiting is to sell us back shares in the banks that were bailed out in 2008 and 2009.

We saved and invested in these banks all our lives; through Brown and Darling’s largesse and our tax, these same banks have been given billions to keep the banking system afloat; and now George Osborne would like to offer us shares in the identical institutions that we already own via Labour’s desperate attempt to resuscitate the economy.

Whilst ducking a mobile phone slung by his grumpy boss, Lord Mandlespin predictably announced that the Tory plan was “incoherent”. I wouldn’t call it that, but if Osborne does manage to persuade anyone to take up his offer, he should get himself a job as Director of Sand Sales, Middle East division.

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