Gordon, follow Obama and save jobs & homes directly

It may take some time before our coy bankers had digested the £500bn taxpayer handout and the benefits trickled down to the ordinary people.

So Gordon should immediately declare a 90-day moratorium on all distressed debt repayments for householders and small businesses and home repossessions.

The cost to the economy is reckoned to be less than 10% of the money thrown in to rescue the bankers, but it will save our country from self-inflicting a severe social damage. 



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