Quote:
Originally Posted by Less
Couldn't we just blame it on the bankers? After all they seem to have a completely different set of rules to anybody else?
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You could blame it on the Bankers...many folk have tried....but the last government cannot absolve themselves of some of the blame for what happened with the Banking crisis....it was
they who took the regulatory aspect away from the Bank of England and placed it with the totally useless FSA.......They knew well before the brown stuff hit the fan what was going on(according to some sources 7 months before) and did nothing about it....They could have put measures in place to make sure that bankers did not get such obscene bonuses on the back of failures, but they did nothing, fearing that the Square Mile would up sticks and take the business elewhere.
The last government spent money it did not have.......projects were signed up to that they had no idea how to fund......they left us in a real mess.
So much for Prudence Brown and his 'No more boom and bust politics'.
I don't
care what colour the party is that is in power...after all there is no Labout party anymore....socialist values went out of the window when New Labour came in the door....all I want is someone who will have the guts to do what is right by the people of this country.
And while we are talking about rules.......didn't the expenses scandal teach you that the vast majority of politicians felt that they could live by a totally different set of rules too?