LEAKED REPORT: David Cameron was warned that bankers are, in fact, undermining the UK economy by “actually destroying value for the UK investor at least as fast as the stock market can create it”

We should applaud this for now these bankers have more of our wealth to trickle back down upon us. But as Max Keiser says, “you can’t have capitalism without capital!”

LEAKED REPORT: David Cameron was warned that bankers are, in fact, undermining the UK economy by “actually destroying value for the UK investor at least as fast as the stock market can create it”

The damning findings come at a time of growing anxiety that millions of Britons will not have enough money for their old age. They will also raise new questions about the prime minister’s decision to veto a new EU treaty over his demands for greater protection for the City.

David Cameron has insisted that the financial sector is a vital national interest, yet the consultants brought into the Treasury claimed that the often unnecessary charges built up by traders are damaging potential economic growth.

8 comments on “LEAKED REPORT: David Cameron was warned that bankers are, in fact, undermining the UK economy by “actually destroying value for the UK investor at least as fast as the stock market can create it”
  1. Happy Dick says:

    ahhh … can you hear the crescendo? Becoming quite resonant.

  2. alan says:

    A licence to steal: When the fall comes for these crooks they will find it hard doing real work. Out of touch is right.

  3. Tritone says:

    Dudes!
    That warning from the “Banksters” was worth several hundred ” pardon slips” from the
    Bishop.
    Party Time Dudes! “Bankster Style” you got to Love them “they good”.

  4. snoop diddy says:

    If only Cameron would now turn around and regulate the crap out of London after telling the EU where to go. But that wont happen. It is interesting that Merkel is somewhat siding with Cameron, she must be worried about something to do with German banks and their access to London banking system. Anyway, it’s all too late and the people have to decide what they are going to do about it. For any good or bad the pollies are doing, they are just their collecting paychecks and benefits on a runaway train.

  5. snoop diddy says:

    Just how many countries would this be true of where pension plans are involved in the western world? Most if not all. Even supposed ‘winners’ like Australia the pension plans would be down but they’re still pushing ‘if you bet on the index (which none of them do for retail plans) over 30 years you’d be winning’ line.

    And it is compulsory to be raped by pension plans in Australia even though you can ‘DIY’ your Superannuation you still have to fork out lots of fees and they dont like you having real assets in it, just the paper stuff. It is still possible to have artwork, bullion etc but you are not allowed to have any benefit or enjoyment out of it so they have to be in approved storage paying fees to someone or leased out by someone. Not allowed to enjoy the proceeds of 9% of your own work (moving up to 12% from 9% of pay). It’s a big bullseye for parasites basically.

  6. Al Kyder says:

    @ snoop

    In Australia the pension funds have appeared to survive because unlike other cpuntries its not a Ponzi scam or a pyramid scam, its a ponzipyramid scam.

    So there is an extra layer of fraud that needs to be peeled away.

    The problem was, those baby boomers just did not breed enough. They only had 2.3 children instead of the mandatory 3 that would be needed t pay for their winnebago’s and John Williamson CD collection.

    Unfortunately being from that linear thinking generation meant that they could never reconcile their racism with the need for more people to join their.
    ….. piss poor pensioner pyramid ponzi punters.

  7. The City has already announced in their $200k report from last week that you won’t need money for retirement. All you will need is “capacity.” By the way… what is the capacity for old people?

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