Comments on: Media’s take on bank bailout http://blogs.reuters.com/uknews/2008/04/22/media-round-up-moral-hazard-and-the-banks/ Our UK correspondents' insights Sun, 7 Sep 2008 04:34:51 +0000 http://wordpress.org/?v=2.3.3 By: Mike T http://blogs.reuters.com/uknews/2008/04/22/media-round-up-moral-hazard-and-the-banks/#comment-2141 Mike T Tue, 22 Apr 2008 11:36:20 +0000 http://blogs.reuters.com/uknews/2008/04/22/media-round-up-moral-hazard-and-the-banks/#comment-2141 Throw more easy money at a problem that was caused by too much easy money. Nice one, Bottler. Dress it up as "help" for heavily mortgaged homebuyers, but it is no more than a cynical attempt by Labour to buy back its rapidly disappearing vote in Middle England. It will be paid for with inflation destroying the value of hard-earned savings and pensions. No problem for Bottler and his buddies with their taxpayer-funded index-linked pensions. Too bad for the rest of us. And so much for the financial wisdom of those in the media who support the move with their ridiculous comments quoted in the blog. Prats. Throw more easy money at a problem that was caused by too much easy money. Nice one, Bottler.

Dress it up as “help” for heavily mortgaged homebuyers, but it is no more than a cynical attempt by Labour to buy back its rapidly disappearing vote in Middle England. It will be paid for with inflation destroying the value of hard-earned savings and pensions.

No problem for Bottler and his buddies with their taxpayer-funded index-linked pensions. Too bad for the rest of us.

And so much for the financial wisdom of those in the media who support the move with their ridiculous comments quoted in the blog. Prats.

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