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	<title>Talking Bollocks &#187; financial crisis</title>
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		<title>Talking Bollocks &#187; financial crisis</title>
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		<item>
		<title>Stewart Fraser more bothered by hippies than financial incompetents</title>
		<link>http://talkingbollocks.net/2011/11/27/stewart-fraser-of-the-city-of-london-corp-ignores-criticism/</link>
		<comments>http://talkingbollocks.net/2011/11/27/stewart-fraser-of-the-city-of-london-corp-ignores-criticism/#comments</comments>
		<pubDate>Sun, 27 Nov 2011 13:29:48 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA["credit crunch"]]></category>
		<category><![CDATA[Chairman of the Policy & Resources Committee]]></category>
		<category><![CDATA[City Of London Corporation]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[occupy london]]></category>
		<category><![CDATA[Occupy protest]]></category>
		<category><![CDATA[St. Paul's Cathedral]]></category>
		<category><![CDATA[Stewart Fraser]]></category>

		<guid isPermaLink="false">http://talkingbollocks.net/?p=4496</guid>
		<description><![CDATA[Further, while I understand that bonuses can be a useful tool most investors are in it for the long term. It is therefore idiotic to pay traders massive bonuses because they made good profits in a single year.
As a man approaching retirement I require long term growth not erratic variations in my investments. As it is my investments have plummeted.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=4496&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Stewart Fraser - bothered about hippies</media:title>
		</media:content>

		<media:content url="http://talkingbollocks.files.wordpress.com/2011/11/kereru.jpg" medium="image">
			<media:title type="html">Fantastic Art Photography</media:title>
		</media:content>
	</item>
		<item>
		<title>Occupy Brighton</title>
		<link>http://talkingbollocks.net/2011/11/19/occupy-brighton/</link>
		<comments>http://talkingbollocks.net/2011/11/19/occupy-brighton/#comments</comments>
		<pubDate>Sat, 19 Nov 2011 18:25:57 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[brighton]]></category>
		<category><![CDATA[democracy]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA["credit crunch"]]></category>
		<category><![CDATA[faith]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[gold standard]]></category>
		<category><![CDATA[King and Queen]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[occupy brighton]]></category>
		<category><![CDATA[Occupy protest]]></category>
		<category><![CDATA[victoria gardens]]></category>

		<guid isPermaLink="false">http://talkingbollocks.net/?p=4478</guid>
		<description><![CDATA[An Occupy protest has sprung up in Victoria Gardens Brighton oposite the King &#38; Queen pub. A bunch of tents and some friendly people open for a  chat. They had some good slogans. "Chose love over fear" and "All money is a matter of belief".<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=4478&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
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			<media:title type="html">Occupy Brighton</media:title>
		</media:content>

		<media:content url="http://talkingbollocks.files.wordpress.com/2011/11/p1100688.jpg" medium="image">
			<media:title type="html">Occupy Brighton</media:title>
		</media:content>

		<media:content url="http://talkingbollocks.files.wordpress.com/2011/11/p1100690.jpg" medium="image">
			<media:title type="html">Occupy Brighton</media:title>
		</media:content>

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			<media:title type="html">hove station</media:title>
		</media:content>
	</item>
		<item>
		<title>Occupy protest at Saint Paul&#8217;s Cathedral</title>
		<link>http://talkingbollocks.net/2011/10/30/occupy-protest-at-saint-pauls-cethdral/</link>
		<comments>http://talkingbollocks.net/2011/10/30/occupy-protest-at-saint-pauls-cethdral/#comments</comments>
		<pubDate>Sun, 30 Oct 2011 21:09:52 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[democracy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[#Occupy]]></category>
		<category><![CDATA[#OccupyLSX]]></category>
		<category><![CDATA[@OccupyLondon]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Fractional reserve banking]]></category>
		<category><![CDATA[Lord Mayor]]></category>
		<category><![CDATA[Neil Horan]]></category>
		<category><![CDATA[occupy london]]></category>
		<category><![CDATA[occupy movement]]></category>
		<category><![CDATA[occupy protesters]]></category>
		<category><![CDATA[occupy protests]]></category>
		<category><![CDATA[Occupy Wall Street']]></category>
		<category><![CDATA[Saint Paul's cathedral]]></category>
		<category><![CDATA[St. Paul's]]></category>
		<category><![CDATA[St. Paul's Cathedral]]></category>
		<category><![CDATA[The City of London]]></category>
		<category><![CDATA[Wedding]]></category>

		<guid isPermaLink="false">http://talkingbollocks.net/?p=4334</guid>
		<description><![CDATA[On Saturday I visited the Occupy London protest at St. Paul&#8217;s Cathedral. I&#8217;d imagined that as the protesters had set up tents they would be mainly around the back in the gardens but the gardens are closed and padlocked and the protesters and their tents are all around the front and partially along the north [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=4334&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://talkingbollocks.net/2011/10/30/occupy-protest-at-saint-pauls-cethdral/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
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		<media:content url="http://talkingbollocks.files.wordpress.com/2011/10/tents.jpg" medium="image">
			<media:title type="html">Occupy London protestes at St. Paul&#039;s Cathedral</media:title>
		</media:content>

		<media:content url="http://talkingbollocks.files.wordpress.com/2011/10/confetti.jpg" medium="image">
			<media:title type="html">Confetti and Protest</media:title>
		</media:content>

		<media:content url="http://talkingbollocks.files.wordpress.com/2011/10/bride.jpg" medium="image">
			<media:title type="html">The Bride &#38; Groom</media:title>
		</media:content>

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			<media:title type="html">hove station</media:title>
		</media:content>
	</item>
		<item>
		<title>Banks recovery is a cheap trick</title>
		<link>http://talkingbollocks.net/2011/04/09/banks-recovery-is-a-cheap-trick/</link>
		<comments>http://talkingbollocks.net/2011/04/09/banks-recovery-is-a-cheap-trick/#comments</comments>
		<pubDate>Sat, 09 Apr 2011 10:23:45 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[Bollocks]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[new labour]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA["credit crunch"]]></category>
		<category><![CDATA[bail out]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[blame]]></category>
		<category><![CDATA[bonus]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[Jamie Dimon]]></category>
		<category><![CDATA[Joe public]]></category>
		<category><![CDATA[JP morgan]]></category>
		<category><![CDATA[putting prices up]]></category>
		<category><![CDATA[share the pain]]></category>

		<guid isPermaLink="false">http://talkingbollocks.net/?p=3910</guid>
		<description><![CDATA[Bankers argue that they have done a brilliant job in making profits for the banks since the credit crunch and in so doing dug the banks out of the mess they were in. This disingenuous as they have achieved all this merely by the putting their prices up. Competition has dropped out of the market, base rates are ludicrously low let yet loan rates and fees are high.

So who is really paying for the banks recovery and Mr. Dimon's bonus? You are! Joe bloody public again. The same poor bastard who also paid for the banks bail out. You don't need to pay a £3m bonus for a trick like that.

Whenever criticised bankers usually reply that you have to pay the market rate or you will lose people. Well, OK, let's lose some of these people. Firstly, where can they go? Secondly, if they have so little solidarity with their fellow countrymen then bollocks to them and thirdly their past performance IS an indicator of future results so good riddance to them.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=3910&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://talkingbollocks.net/2011/04/09/banks-recovery-is-a-cheap-trick/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
		</media:content>

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			<media:title type="html">Simple strategy: May the public pay</media:title>
		</media:content>
	</item>
		<item>
		<title>Choose debt?</title>
		<link>http://talkingbollocks.net/2011/01/14/choose-debt/</link>
		<comments>http://talkingbollocks.net/2011/01/14/choose-debt/#comments</comments>
		<pubDate>Fri, 14 Jan 2011 23:55:01 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Argentina]]></category>
		<category><![CDATA[bankers]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[BBC]]></category>
		<category><![CDATA[capitalist]]></category>
		<category><![CDATA[choose debt]]></category>
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		<category><![CDATA[ireland]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[pension funds]]></category>
		<category><![CDATA[Radio 4]]></category>
		<category><![CDATA[renumeration]]></category>
		<category><![CDATA[repay]]></category>
		<category><![CDATA[resources]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[The Economist]]></category>
		<category><![CDATA[The World Tonight]]></category>
		<category><![CDATA[working people]]></category>
		<category><![CDATA[write off]]></category>

		<guid isPermaLink="false">http://talkingbollocks.net/?p=3533</guid>
		<description><![CDATA[I have heard that Argentina defaulted on its debt in 2002 yet my recollection is that The Economist has had some good things to say about its economy. Iceland also hit troubled times and let its investors face write offs yet an Economist article on Ireland cagily suggested that Ireland could learn a thing or two from the way Iceland handled its crisis.

It seems that all the “experts” are suggesting that the debts be written off. Yes, the lenders (read your pension funds and rich bastards) will lose out in the short term but perhaps this is no worse than dragging the problem out for years and arriving at the same conclusion years later.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=3533&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
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			<media:title type="html">Choose Debt</media:title>
		</media:content>
	</item>
		<item>
		<title>Bankers, Regulators and law makers &#8220;stumble&#8221; on a bargain</title>
		<link>http://talkingbollocks.net/2010/07/20/bankers-regulators-and-law-makers-stumble-on-a-bargain/</link>
		<comments>http://talkingbollocks.net/2010/07/20/bankers-regulators-and-law-makers-stumble-on-a-bargain/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 19:00:21 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[democracy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA["credit crunch"]]></category>
		<category><![CDATA[600 branches]]></category>
		<category><![CDATA[bad bank]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[bankers]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[Charlie McCreevy]]></category>
		<category><![CDATA[DataMonitor]]></category>
		<category><![CDATA[EU commissioner]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[good bank]]></category>
		<category><![CDATA[greedy bankers]]></category>
		<category><![CDATA[House of Commons]]></category>
		<category><![CDATA[House of Lords]]></category>
		<category><![CDATA[Lloyds bank]]></category>
		<category><![CDATA[Lloyds Banking Group]]></category>
		<category><![CDATA[Lloyds insurance market]]></category>
		<category><![CDATA[Lord Levene]]></category>
		<category><![CDATA[Lord McFall]]></category>
		<category><![CDATA[lovely jubbly]]></category>
		<category><![CDATA[Neil Saunders]]></category>
		<category><![CDATA[new high street bank]]></category>
		<category><![CDATA[Northern Rock]]></category>
		<category><![CDATA[Sir David Walker]]></category>
		<category><![CDATA[Sir Fred Goodwin]]></category>
		<category><![CDATA[state rescue]]></category>
		<category><![CDATA[tax payer]]></category>
		<category><![CDATA[The Independent]]></category>
		<category><![CDATA[Treasury]]></category>

		<guid isPermaLink="false">http://talkingbollocks.net/?p=2757</guid>
		<description><![CDATA[The article in The Independent says that “executives will be appointed after the flotation”. It seems odd to wait until after the flotation to appoint executives but perhaps the new bank will be such a money spinner that they could employ any old fool to run it. If past performance is any indicator of future results then they probably will though it is not known if Sir Fred is still available.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=2757&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
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			<media:title type="html">Lord Levene - Gets his hands on the branches </media:title>
		</media:content>
	</item>
		<item>
		<title>Balls talks bollocks</title>
		<link>http://talkingbollocks.net/2010/07/13/balls-talks-bollocks/</link>
		<comments>http://talkingbollocks.net/2010/07/13/balls-talks-bollocks/#comments</comments>
		<pubDate>Tue, 13 Jul 2010 18:31:34 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[Bollocks]]></category>
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		<category><![CDATA[. “has to be pushed”]]></category>
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		<category><![CDATA[asset price bubble]]></category>
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		<category><![CDATA[Shadow Education Secretary]]></category>
		<category><![CDATA[Spanish Inquisition]]></category>
		<category><![CDATA[talking bollocks]]></category>
		<category><![CDATA[The Evening Standard]]></category>
		<category><![CDATA[tony blair]]></category>

		<guid isPermaLink="false">http://talkingbollocks.net/?p=2712</guid>
		<description><![CDATA[The Labour party wont move on until it faces up to its mistakes and rejects the unsavoury characters from the New Labour years. If it doesn't then, once the Tories have fallen out of favour, we will be faced with another Labour government  wastin ti's time on spin rather than achieving objectives. In the words of Monty Python's Spanish Inquisition the Labour party need to “Confess the heinous sin of heresy”and “reject the works of the ungodly”.  ie admit that they screwed up and chuck out the likes of Balls.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=2712&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://talkingbollocks.net/2010/07/13/balls-talks-bollocks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
		</media:content>

		<media:content url="http://talkingbollocks.files.wordpress.com/2010/07/balls.jpg" medium="image">
			<media:title type="html">Balls, Balls, Banquets and Balls</media:title>
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		<title>Sub Prime</title>
		<link>http://talkingbollocks.net/2009/01/16/sub-prime/</link>
		<comments>http://talkingbollocks.net/2009/01/16/sub-prime/#comments</comments>
		<pubDate>Fri, 16 Jan 2009 20:28:43 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA["credit crunch"]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[mortgage mis-selling]]></category>
		<category><![CDATA[mortgage self certification]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[nija mortage]]></category>
		<category><![CDATA[sub prime]]></category>

		<guid isPermaLink="false">http://talkingbollocks.wordpress.com/?p=430</guid>
		<description><![CDATA[Below is a link to a Powerpoint presentation with as good an explanation of the current financial mess as any. sub-prime1 Tagged: "credit crunch", financial crisis, mortgage mis-selling, mortgage self certification, mortgages, nija mortage, sub prime<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=430&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
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		<title>Whatever it takes? &#8211; What about stepping down Brown</title>
		<link>http://talkingbollocks.net/2008/09/20/whatever-it-takes-what-about-stepping-down-brown/</link>
		<comments>http://talkingbollocks.net/2008/09/20/whatever-it-takes-what-about-stepping-down-brown/#comments</comments>
		<pubDate>Sat, 20 Sep 2008 17:20:21 +0000</pubDate>
		<dc:creator>jonesxxx</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA["whatever it takes"]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[new labour]]></category>
		<category><![CDATA[petition]]></category>
		<category><![CDATA[tony blair]]></category>

		<guid isPermaLink="false">http://talkingbollocks.wordpress.com/?p=198</guid>
		<description><![CDATA[Just heard Gordon Brown on the radio state exactly what his government will do to sort out the financial crisis: “Whatever it takes”. This is very reminiscent of Chancellor Alistair Darling’s promise to do “everything possible”. Both statements are mere bravado and neither statement shows any understanding of the problems or the least idea of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=talkingbollocks.net&#038;blog=2000120&#038;post=198&#038;subd=talkingbollocks&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">jonesxxx</media:title>
		</media:content>

		<media:content url="http://www.telegraph.co.uk/telegraph/multimedia/archive/00667/gordon-brown-404_667800c.jpg" medium="image">
			<media:title type="html">Gordon Brown</media:title>
		</media:content>
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