Friday, February 24, 2012

Light Some More Money On Fire

Governments take over the worst companies in the world, and than taxpayers pay people obscene amounts of money to run them into the ground.

Lloyds Banking Group has painted a subdued outlook for the UK economy as the bailed out bank revealed it had plunged to a £3.5bn loss in 2011 and would pay out £375m in bonuses.

Meanwhile, connected cronies are making large amounts of money by handing over the unemployed to companies for free labor. So it's all good really.