If you watch the news regularly you'll know that the media is full of doom, gloom and all round bad news. I learnt a few years back that it is important to keep a positive outlook on things, so at the moment it is rare that I catch any more than a few minutes news a day. In fact, I hope this is the first and last negative thing I post on this web site!
From the little bit of news that does catch my attention, (other than Alistair Darling's eye brows) one thing that stands out is how there is little incentive for the UK banks to start picking things up. Only today on the BBC News web site they are talking about the public stake in RBS to increase, making it 70% owned by the tax payer.
I may only have a basic understanding of the economy though I've made my own decisions to put good money after bad, it doesn't take a rocket scientist to figure out we cannot afford to bail out the banks for ever. It is a fairly cold and harsh thing to say - and our own mortgage is with RBS - but do we need to put a cap on how much of tax payer money is spent on the banks, and maybe even let one fall on its ass?