Categories
Crime Economy

Economic Treason – Simple Recipe

Feel free to add to this recipe.

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Ingredients

1 ton of greed.

2 tons of cynicism.

10 tons of stupidity.

1 bucket of corruption.

1 political party.

1 financial regulator

2 prime ministers.

2 finance ministers

50 auditors (blind).

1000 estate agents (canned).

1 national broadcasting service.

1 self-obsessed mainstream media.

1 population of small country.

A barrel of optimism sauce

Hubris and snobbery to taste.

__________

Method.

Bribe prime minister.

Marinate politicians and bankers in greed, cynicism and corruption for ten years.

Soak broadcaster in hubris and snobbery.  Add liberal dash of self-importance and stupidity.

Repeat for mainstream media.

Fry population in optimism sauce.  Add stupidity.

Remove lending limits.

Soak population in money.

Boil financial regulator until reduced.

Borrow â€100 billion.  Pay interest only.

Build houses.

Take money from first-time buyers.  Pay interest only.  Keep principal.

Grease bankers’ palm liberally.

Grease politicians’ palms.

Inflate prices.

Repeat soakage of population.

Create hysteria through estate agents.

Inflate hysteria with property progammes on TV and articles in newspapers.

Buy more land.  Pay interest only to banks.  Pocket profit.

Build houses.

Take money from first-time buyers.  Pay interest only to banks.  Keep principal.

Grease bankers’ palm liberally.

Grease politicians’ palms.

Inflate prices.

Repeat soakage of population.

Increase hysteria.

Inflate hysteria with property progammes on TV and articles in newspapers.

Buy more land.  Pay interest only.  Pocket profit.

Repeat as necessary until mixture stiffens and becomes unworkable.

Replace prime minister

Pay interest only to banks.

Add second prime minister and finance minister.

Bail out banks.

Flee country with profits in suitcase.

Thank taxpayer.

Have good laugh on yacht.

Categories
Crime Favourites

Fraud Squad Raids Anglo-Irish Bank

So the cops have finally moved in to Anglo. Not bad going. It only took them six months to raid a bank that the whole world knew was a front for global fraud and economic treason.

Only six months.

I see the rats are starting to desert the ship. Last night on Q&A, we heard Minister Sawdust-for-Brains Dempsey Cullen talk about economic treason. [Typo: My mistake]

Now where did I hear it called treason before?

Oh right. It was here, on this site, back in December. Nice one, Minister Cullen. Glad to know you’re a fan, even if you are a slow reader.

The recriminations and in-fighting begin as this useless government starts to crumble and they all try to stay out of jail.

How long before we hear them questioning Ahern’s role in the whole sorry mess?