Ill Informed Rumour & Comedy half truth
Tuesday September 7th 2010

Death V’s Debt – War cheaper than Bank Bailout

The cost of fighting and reconstruction in Iraq and Afghanistan has passed £20bn, UK government figures show, much less money than the bank bailout.
New estimates suggest the government’s recent bailout of RBS and Lloyds TSB will cost the tax payer up to £1.5 trillion. This colossal intervention represents the equivalent of between 70% and 100% of Britain’s GDP (gross domestic product) Whereas the Wars in Afghanistan and Iraq have only killed about 500 troops so far.

Wasted lives

Critics questioned why the UK was spending so much on bank bailouts instead of conflict when public finances were in a dire state. One unnamed source at the MOD didnt say – “The deaths of members of the armed forces represents much better value for money than bailing out banks, we could have invaded these banks , killed all their employees and still had change from £10 billion. Even if a 1000 servcice personll had died their lives would not have been wasted.”


Debt for nothing

Supporters of the Government point out that we ( The people of the UK) now own a 68% stake in RBS and 43% stake in Lloyds TSB respectively, which represents good value as everybody knows that owning a bit of a bank that was rubbish at banking is a better deal than taking over a country with vast natural resources…er cough honestly.

Invade and Kill Banks

Professor Malcolm Chalmers, a defence analyst for the Royal United Services Institute, said about 30% of the UK’s defence budget went on operations in Afghanistan, going on not to say – ” On paper at least killing people and simply taking their resources or assets is a much better business proposition than propping up a failed business. Its almost as if the Government or somebody wants the population to be impoverished and indebted to a few international banks.
Perthaps we should consider Invading them and killing their owners …just a thought”


Survive to pay the bill

So far this financial year Government borrowing has totalled £67.2billion, a figure that’s almost three times higher than the £23.1billion recorded at the same time last year, according to the Government no one has died or been blown up to achieve these massive debts.

Meanwhile the true cost of our policy of international adventures is now being shown – £20bn is 10 times the amount it would cost to scrap student fees in England, and 20 times the cost of shooting all the bankers in Europe in the head with gold plated bullets…something to think about.

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