Tuesday, 1 March 2011

The King's Speech (or banker bashes banks)

Mervyn King, Governor of the Bank of England today stated that those who are now suffering from cuts are doing so because of the wrong-doing of the banks and the subsequent bailout which needed an injection of vast amounts of public cash to avert the total meltdown of the banks.

He said "The price of this financial crisis is being borne by people who absolutely did not cause it"

He also said he is surprised that there isn't more public anger about this.

Well there is but no matter how dignified the expression of anger when people try to express it they are faced with police 'intervention' as was evidenced by the expulsion of a parent of a disabled child from the recent Lancashire County Council budget meeting when the cuts necessitated by the bank bailout were visited on the disabled of Lancashire.