Stating The Bleedin' Obvious Example 685...
Sir Mervyn King of the Bank of England says of yet another bank scandal "From excessive levels of compensation, to shoddy treatment of customers, to a deceitful manipulation of one of the most important interest rates and now news of yet another mis-selling scandal we can see we need a real change in the culture of the industry."
Just about everyone has had something to say but let us remember and this no excuse, this goes back a number of years. So it is not something new(I understand this goes back to 2006/2007)
The problems is who else is involved(individuals/other banks or financial organisations)How long would it have continued if not discovered? Are we just discovering what has always gone on? And when everything was ok and profits were being made would/did the Governments turn a blind eye. It's only now that things have gone "Belly up" questions are being raised.
Sir Mervyn King Attacks Banks...
And these people are in charge of our welfare and whether our country sinks...
The other day when our PM had a go at those on Housing Benefit and trotted out his stereotypical examples of who claims it and kept telling us that those who work hard are doing the right thing. On the radio tonight I heard this statistic...You won't hear it any time soon when a politician stands up to make a speech...
One in eight who claim are out of work or in reverse that means seven in eight are working and there is still no guarantee that many of those not working are "Scoungers" most of those will be looking for work or jumping through the hoops and fulfilling the conditions you have to receive help.
Cynically all this talk about welfare is a distraction especially at a time when the economy is struggling, decent jobs are hard to come by and we've had a lot in the news about bankers and people avoiding or evading paying tax and the hope is that if you play one section of society against another people will forget.
Also some policies will be passed unchallenged.
Just about everyone has had something to say but let us remember and this no excuse, this goes back a number of years. So it is not something new(I understand this goes back to 2006/2007)
The problems is who else is involved(individuals/other banks or financial organisations)How long would it have continued if not discovered? Are we just discovering what has always gone on? And when everything was ok and profits were being made would/did the Governments turn a blind eye. It's only now that things have gone "Belly up" questions are being raised.
Sir Mervyn King Attacks Banks...
And these people are in charge of our welfare and whether our country sinks...
The other day when our PM had a go at those on Housing Benefit and trotted out his stereotypical examples of who claims it and kept telling us that those who work hard are doing the right thing. On the radio tonight I heard this statistic...You won't hear it any time soon when a politician stands up to make a speech...
One in eight who claim are out of work or in reverse that means seven in eight are working and there is still no guarantee that many of those not working are "Scoungers" most of those will be looking for work or jumping through the hoops and fulfilling the conditions you have to receive help.
Cynically all this talk about welfare is a distraction especially at a time when the economy is struggling, decent jobs are hard to come by and we've had a lot in the news about bankers and people avoiding or evading paying tax and the hope is that if you play one section of society against another people will forget.
Also some policies will be passed unchallenged.
posted by The Great Gildersleeve | 7:33 pm
1 Comments:
When I was young I used to go to dad with various probs and worries, he basically use to say "your worrying about nothing, its a big universe,another 10 years and it wont matter a thing to anybody and you would have probably forgotten all about it"- mind you it was no comfort at the time LOL
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