Errors Of Judgement
Friends and readers. From time to time and human nature being what it is we all make mistakes,the big question is,do we learn from Them?
De-regulation of the banking system under this Government was a big Mistake,it helped in no small way to the biggest financial crash in History.
But what happens?the people who the banks shafted are the ones who have to bail them out,on top of which they still refuse to lend despite the fact we now own most of them and they were instructed to do so.
Are we missing something here or what?The banks hoard the money that the taxpayers gave them to ward off another rainy day and to make matters worse the Royal w–k of Scotland decides to give yet another handout of taxpayers cash to their new boss who replaced that clown Goodwin.
Dosen’t make any sense and the Government do nothing that dosen’t make any sense either,but then again what does in the banking world.
Of course the age old excuse is churned out,we need to pay top dosh to get or keep the best people,what utter shit.
The Government in our name should be demanding an end to this obscene scandal and capping their abuse of our cash.
Crisis what crisis as far as the Royal bank of Scotland is concerned when it comes to helping themselves to taxpayers money, while they strangle mortgage holders and businesses alike.
If taxpayers money is to be shoveled into the banks then grass roots taxpayers should be on their boards,but of course that won’t happen couldn’t possibly have these plebs on the boards they wouldn’t know what they were doing.
Well we have news for that closeted world we couldn’t do any worse. The snooty world of banking who self governed themselves to the edge of ruin bringing the population with them have proved they cannot be trusted to look after this nations financial interests.
But the old school tie brigade will tough it out and end up in the house of Lords or retired on some grossly inflated pension lording it over the rest of us mere mortals who have to pick up the tab of their incompetence.
Time must be called on these chancers and public ownership must be exactly that and ordinary members of the public given the opportunity to sit on these secretive boards with full voting rights and minutes of the meetings made public so we the punters can see and read what is going on.
Will that or similar ever happen? No chance,more chance of Labour winning the next election.