
| £40,000 a family: The taxpayers' cash used to fund the £850billion bailout James Chapman The extent of taxpayer support for Britain’s banks is revealed today to be £40,000 for every family in the country. An official report concludes that bailouts, guarantees, insurance and loans offered by the Government and the Bank of England reached £850billion. Not all the cash has actually been spent, and ministers insist that taxpayers will see a return when the banks get back to profitability and the public stakes are sold off to the private sector. But the total aid package works out at £ 13,800 per person in Britain, or about £40,000 per family. Despite this, the bailed- out banks are still refusing to lend. "When the people find they can vote themselves money, that will herald the end of the republic." - Fall Of The Republic - Buy the DVD here
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