I had a thought the other day about all of this sub prime banking fiasco. US person No 1, with little or no earnings, applies for a mortgage he cannot afford - he gets it and buys a house at an inflated price from another US person No2 who is "enriched". US Person No1 cannot repay and defaults. Meanwile the US institution with No.1's debt has already sold that debt on so is relatively unaffected. RBS/ABN Amro or some other UK/european finance house now has this worthless debt. UK taxpayer injects funds into banks to cover the sub prime losses. So cutting out a few middlemen, the UK taxpayer paid for US person No2's house, and he has our money. US person No2 has never said thanks. US government has never said sorry or thanks to the rest of the world for spreading this valueless debt around the world, sold with the help of AAA ratings provided by US ratings institutions. Sub prime is at the start of all of this. Capitalism has never been more unpopular and is blamed for all of this, however it was Bill Clinton that started it all - he insisted that everyone, no matter how little earnings they have, should be able to own a home and have a mortgage, this was a kind hearted but socialist ideal. Socialism has brought down capitalism. Bloody socialists. Ironic innit. And US people have our money - we have their useless debt. This is my 1000th post (cheers) so thought I should say something controversial.