Financial Turmoil
I am a Boris fan and in today’s Daily Telegraph, Boris Johnson wrote an article that whilst acknowledging the greed and stupidity of some in the City, also defended it’s importance not just to London but also to the whole UK economy.
I suppose that I am old and experienced enough to have guessed before I even read them, the vehemence, bile and condemnation of all Bankers that was to follow in the comments section was no surprise. In some ways and although loony, it was amazing just how many unrelated topics came to the surface like: “Finance Industry is NOT an industry, it doesn’t make anything…”.
So For Fun
As I am writing up my blog this evening, I checked back on that particular comments section and a quick browse through seemed to indicate it had turned into a bit of a bar room brawl but I think that they are all exhausted and punched out now. I posted earlier on and for fun below is ‘wot i rote’ and deliberately no explanations, see if you can piece it together…
My Twopence Worth
Well said Boris and for those who think you are wrong to write as you do, perhaps they should remember that your job concerns the well-being of London. The most sensible article I’ve seen so far was William Rees-Mogg in yesterday’s Times as ever thoughtful and considered, the idiot who was Chancellor for 10 years would have done well to consult him.
I will claim no expertise in these matters the same clearly as Gordon Brown, so my comments are purely “gut reactions” as it were. The emotional chants from the streets about “Greedy Bankers” seems to me little different from those concerning “Drug Abusers, Paedophiles, Civil Servants, Single Mothers” the list goes on and seems almost inexhaustible as people seek to heap blame on someone else and accept none themselves according to whatever the current news story is.
Proof, look through these comments, “The Tories let our manufacturing wither away…”etc. Totally incorrect, we as consumers let our manufacturing wither away; we weren’t prepared to buy sub standard British Leyland products and instead voted with our feet to buy VWs, Audis etc. We wanted to be paid a “living wage” but were not prepared to pay 50% more for a fridge made in the UK by British workers who also wanted a “living wage” when we could get one cheaper from elsewhere. Please don’t kid yourselves, look at what is parked on your drive.
It’s a bit like kids wanting to eat junk food and bugger the healthy stuff. Let us stop the “Blame Game” and start taking responsibilities for our own actions as consumers, Government and Commerce, we have all conspired in this Fool’s Feast and we shall all have to work together to solve it. My personal view is that the biggest mistake Brown made was not letting Northern Rock go bust, whether by nationalising that crock of pooh or devising more “City Regulations” the only thing that has been proven is Governments should stand well back because they are not qualified to deal with this stuff.
