England's Bankster Bailout v2.0

The Guardian, one of Britain’s most respected papers, reports on the British gov’t’s second attempt at bailing out their banks; without looking like they’re bailing out the banks.
As the Treasury last night finalised its second sweeping banking revival package in three months, Downing Street was preparing to go on the offensive, justifying the package not as a bail-out for the banks, but an attempt to protect companies and families trying to secure a mortgage.

The £200bn insurance scheme is not for the culpable banks, but for their innocent customers, ministers will say.

The tactics, however, betray a nervousness in Labour circles that the public will simply not understand why there is a second tranche of help going to Britain’s bankers, who have already received billions of pounds of loans, guarantees and capital.

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