Friday 3 October 2008

Pots and kettles

Our Government, keen to keep all those overstretched banks in business, raise their guarantee on protection of saving from £35,000 to £50,000.

The Irish Government was presumably somewhat keener, since its own guarantee is unlimited. Mr Darling is reportedly not very happy.

I must be missing something here. Other than in scale, surely there's no difference between these schemes whatever.

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