A View From Middle England - Conservative with a slight libertarian touch - For Christian charity and traditional belief - Free Enterprise NOT Covert Corporatism

Thursday, September 18, 2008

Bin Laden versus The Credit Crunchers

Yesterday it was put to be that the Credit Crunchers of the Sub-Prime Mortgage Fiasco had done considerably more damage to the world economy than Osama Bin Laden and his Ferral Fighters.

The Credit Crunchers have several banks to their score. Northern Rock, Lehman Brothers, Merrill Lynch, HBOS, Fanny Mae and Freddy Mac. They nearly got the AIG conglomeration, but Uncle Sam's Bag Carrier saw that one off. Which means that most Americans won't see their taxes come down anytime soon!

The Ferral Fighters have caused the full-blown Iraq debacle, Guantanamo Bay Incarceration Center, the Patriot Act, the World Trade Center and Pentagon outrages, and the London Bombings to occur.

The Credit Crunchers have almost destroyed the "system" by greed and subterfuge, causing untold misery for those with lost homes, businesses, jobs and inner well-being. However, they have not killed anybody as far as I know.

The Ferral Fighters have killed many but have yet to destroy our inner well-being and have caused considerably less destruction to the "system".

So who has done more damage? I think the jury is out on this one!

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