I see the U.K. Government has been very “ busy” - running around trying to sort out the current financial crisis - with a whole “raft of measures” ( sic ) , including - restricting mortgages , changing the way credit cards are administered , preparing to raise taxes to cover shortfalls , and of course ……
Legislating against the financial industry that got us in to the hole in the first place .
No hang on .. the last one isn’t true… is it ...:)
With this in mind - what people fail to realize on this particular issue , is the financial reforms that were so trumpeted by the government - recently , are actually a set of existing, but surprisingly - non binding rules, that were put in place when the public originally bailed the banks out , but to be honest , seem to be as worthless as the paper they are written on - or not - as the case may be, and were dealing with politicians and bankers here – remember :)
Meanwhile - and back in the real world – if you take a close look at the official measures that are being introduced , it not only seems to blame the U.K. public for the crisis , but adds further insult to injury , by making us all pay for it all - years afterwards - in the guise of raised taxes and restrictive financial processes.
Whilst - back in clown cuckoo land - the banks sail merrily on , and are
“surprisingly “ back in to the big bonus culture……
This of course is oh so ironic as next week its ……bonfire night :)……
…..and we all know my thoughts on that particular one……
…but could I make a few minor changes , this time ..
…… like Parliament inviting their big business buddies to the meeting :)
Hmmmm - Two birds with one barrel of gunpowder - bargain :)
