Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

£40,000 a family: The taxpayers’ cash used to fund the £850billion bailout

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

James Chapman
UK Daily Mail
Friday, Dec 4th, 2009

The extent of taxpayer support for Britain’s banks is revealed today to be £40,000 for every family in the country.

An official report concludes that bailouts, guarantees, insurance and loans offered by the Government and the Bank of England reached £850billion.

Not all the cash has actually been spent, and ministers insist that taxpayers will see a return when the banks get back to profitability and the public stakes are sold off to the private sector.

But the total aid package works out at £ 13,800 per person in Britain, or about £40,000 per family.

Despite this, the bailed- out banks are still refusing to lend.

Full article here

“When the people find they can vote themselves money, that will herald the end of the republic.”Fall Of The RepublicBuy the DVD here

£40,000 a family: The taxpayers cash used to fund the £850billion bailout  FOTR 340x1692 

This article was posted: Friday, December 4, 2009 at 4:41 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Feds Reject Technology That Could Secure The Border See the rest on the Alex Jones YouTube channel.

Drug Cartels/Illegal Immigrants Given All Access Pass to America See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.