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A statement made by Spain's Central Bank chief Miguel Angel Fernandez Ordonez: '' The outlook for a gradual recovery is surrounded by uncertainties….in an environment where financing conditions must remain restrictive, and in which the public and the private sector have a pressing need to pay off huge debt, we can expect the pace of recovery in household consumption to slow versus the first half of the year.'' Exposure to Spanish debt among EU banks is far higher than that to any other troubled EU Sovereign. There is around €460 billion (£390 billion) of bank assets tied up in Spain. If we add the figures for the Irish bailout and something akin for Portugal we see the whole of the EU stability fund wiped out. Also Spain's economy represents about 12% of Euro GDP more than Ireland, Greece and Portugal combined. The EU will soon have to decide whether to bring everyone under a full fiscal union or allow defaults on debts, either way a poison chalice! Thing is the rest of the Eurozone banks, Germany, France etc. are hog tied to Spain because of property exposure. Just like the UK (RBS and Lloyds) if the Irish default on their property portfolios that will inevitable mean more hand-outs needed from George and Merve, providing bailout money could be seen as a cheaper alternative. Even if it is sheer madness and short-termism par excellence! We also seem to be holding quite a bit of Spanish property debts and Barclays is especially exposed to Italian property debt! Spain needs to refinance a huge 300B euros by 2013 with just under 200B in 2011. Given their bond yields are heading northwards at an alarming rate can they do so independently………..? This whole rotten pack of cards is entirely down to the banking sector deluding people they were wealthy because they could handle more and more debt with the sole aim of increasing banking sector pay-outs, lunacy! The people who did this should be locked up, the people who failed to regulate this should be locked up and the politicians who oversaw the whole thing should be locked up too!!!!! We are now taxing future generations and taking away crumbs of comfort to senior citizens to pay for banking bonuses, it's immoral!

The old adage 'It's not WHAT you know but WHO you know' still stands! 3G is right if you can get to see the boss and speak to him personally this works very much in your favour. I am in the process of trying to get a job with Nissan, this is a long and drawn out process. I think this is the first job I have tried for without being given the 'Nod' from someone I know. I promised myself that I was finished with production work and to work outdoors more, but, needs must. The hours are long, the work will be very boring but the pay is good and I've never been afraid to do something I don't want to and work hard at it. Good luck Tez and to each and everyone of you who are looking for work and 'Don't let the bastards grind you down'

Let's put our OAPs in jail and the criminals in a nursing home. This way our OAPs would have access to showers, hobbies and walks. They'd receive unlimited free prescriptions, dental and medical treatment, wheel chairs etc. and they'd receive money instead of paying it out. They would have constant video monitoring, so they could be helped instantly, if they fell, or needed assistance. Bedding would be washed twice a week, and all clothing would be ironed and returned to them. A guard would check on them every 20 minutes and bring their meals and snacks to their cell. They would have family visits in a suite built for that purpose. They would have access to a library, weight room, spiritual counselling, pool and education. Simple clothing, shoes, slippers, PJ's and legal aid would be free, on request. Private, secure rooms for all, with an exercise outdoor yard, with gardens. Each OAP could have a PC a TV radio and daily phone calls. There would be a board of directors to hear complaints, and the guards would have a code of conduct that would be strictly adhered to. The criminals would get cold food, be left all alone and unsupervised. Lights off at 8pm, and showers once a week. Live in a tiny room and pay £900.00 per month and have no hope of ever getting out.