{"id":6792,"date":"2010-05-10T10:52:22","date_gmt":"2010-05-10T08:52:22","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=6792"},"modified":"2010-05-10T10:52:22","modified_gmt":"2010-05-10T08:52:22","slug":"bailing-out-the-markets-but-not-the-people","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/10\/bailing-out-the-markets-but-not-the-people\/","title":{"rendered":"Bailing out the markets &#8211; but not the people"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/f96a6c14-5b48-11df-85a3-00144feab49a.html\">FT.com \/ Europe - Europe agrees rescue package <\/a>.<\/p>\n<blockquote><p>Global financial authorities launched an audacious package of measures in the early hours of Monday morning \u2014 including \u00e2\u201a\u00ac720bn of government-backed loan guarantees and a commitment to buy European sovereign bonds \u2014 to combat rising financial market tensions triggered by worldwide fears over public finances.<\/p><\/blockquote>\n<p>Help for Greece was nigh on impossible to find.<\/p>\n<p>But now he poor bankers are in trouble the cash flows.<\/p>\n<p>It was ever thus.<\/p>\n<p>And that's why reform is needed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT.com \/ Europe &#8211; Europe agrees rescue package . Global financial authorities launched an audacious package of measures in the early hours of Monday morning<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/10\/bailing-out-the-markets-but-not-the-people\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-6792","post","type-post","status-publish","format-standard","hentry","category-banking"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=6792"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=6792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=6792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=6792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}