Hello Tillerpoppers. I have resolved to blog a bit more so here goes. It’s going to be great, apart from the fact that you’ll get loads of email notifications. But in this world of spam it’s just one more piece of processed web-meat.
So, as we all descend rapidly into the chasm that is the credit crunch/banking crisis/economic meltdown, let’s not forget that we’re all in this together. Apart from the fact that I’ve got a mortgage with Northern Rock that I can’t get out of. In that sense, I’m very much in it up to the neck and not even Peter Mandelson can get me out of this one. I’m on my own. But if it does all go tits up I’ll ring my mum. She may not be able to persuade my dad to pass a bail out bill through the Tiller family congress, but it’ll be a more mature debate than in Washington. What’s $700 billion between family friends?
My latest songcast speaks the truth – I do have a Northern Rock mortgage and Bradford and Bingley shares. I used to have a look at the financial pages, check out the share price and think ‘when I’m 90 these 250 shares that I undeservedly received just for having an account with a balance of £37.29 will pay for me to go to Florida and swim with dolphins.’ Now I’m left thinking that demutualisation really wasn’t worth the dolphin hope. Don’t worry, I wasn’t a carpetbagger (do you remember them?) I just had a building society account with the B&B. TO be honest having those shares has just added to my admin over the years.
Was it a total bleeding waste of time? All that demutualising and privatising. Do you remember all that? You could get some money for free, simply buy the shares and sell them immediately. It’s a nonsense. Everyone just thinking about cashing in. I know there was other stuff going on – market forces, competition bringing efficiency, but it’s not looking quite so efficient now is it. Vive la revolution.
Like I say in the latest vocal rambling, I do hope you’re all doing okay. Batten down the hatches, panic buy and kill the weaker people. They’ll be gone soon anyway and you’ll need them in the freezer when the world is a wasteland. Have you seen I Am Legend? Only Will Smith will survive and he ain’t me or you sister.
(northern) Rock on!
Lots of love n all
Matt
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