One fifth of the countries GDP has been used to bail out the banks

I just saw this article in the guardian about the amount of money that the government in the UK has spent to bail out the banks. At least the management get their bonuses. I mean they got the money afterall... just maybe not in the way they were supposed too.

Great rundown on why we are having an economic crisis

For_Sale, originally uploaded by Mphotos90.

This is an awesome run down of whats happening to the economy due to the problems with the American subprime mortgage market.