Posts Tagged ‘banking’
Banking Cancer
Rare Integrity
We need radical surgery. The corrupt and avaricious arrogance of the bankers is beyond belief. Project Merlin (see here) is a confidence trick and our weak, pathetic government is knowingly complicit in it.
Bob Diamond of Barclays, Stephen Hester of RBS and Eric Daniels of Lloyds are all rogues, thieves and charlatans. The excuse of “I was only following orders” was thrown out at Nuremberg. These men are even worse than the Nazi war criminals because their motivation is the most base and venal of all. They cannot even claim the excuse of some sort of perverted political philosophy. Their only concern is selfish greed. They are parasites and a scourge on our society. They should be rotting in jail rather than heaving their replusive, corpulent frames into another disgustingly expensive dinner or self-indulgent debauchery.
Banking is one of the greatest evils in our world. It takes over our society with insidious, insistent and poisonous infection. It produces corrupt and distorted growth that is entirely false, only a deception for the immediate and personal gain of the individuals in charge. These people are pirates and their adventures destroy decent people, honest businesses and the whole basis of our economy and society.
We must cut them out and we must cut deeply to ensure that every last vestige of the putrification is gone. It will hurt. It will even endanger our existence but there is no other option. To continue as we are is to buy into their corrupt plan, to feed them even more obscene amounts of money while the poor, vulnerable and needy in our society suffer.
There is no other option. We must inflict this huge damage on ourselves in order to be rid of the cancer. Recovery will be long and difficult but at least it will be honest and healthy.
The only man with any integrity left in parliament was Lord Oakeshott and he has now resigned. Cameron, his poodle, Dr Cable and babyface Georgy Porgy are carcinogenic agents. We must take the knife to them without mercy.
Banker Robber Gets Away With £4 Million
Stop Thief!
Eric Daniels, chief executive of Lloyds, 41% owned by the taxpayer, is to be given a £2 million cash bonus and receive a further £2 million in shares.
This is nothing short of robbery. No one is entitled to earn that amount of money when the survival of their business has been contingent on taxpayer support. Any incentive scheme or agreement which tries to permit such payments is itself fraudulent. If Daniels takes this money he should be arrested, his assets frozen and he should face trial for conspiracy and deception.
The man is a rogue and a charlatan. Nothing he has done is of any real value and even by the corrupt and perverse standards of the banking system, he is a failure. He is entitled to no credit at all for the recovery of Lloyds.
He is another banker robber. No different from a bank robber. He pilfers old people’s savings and cheats hardworking businessmen. Let’s lock him up before he gets away with it!
Hoodwinked By The Banker Robbers
That’s you and me. We’re the one’s who’ve been conned and cheated. Gordon, Alistair, the FSA – they’re all either criminally negligent incompetents or co-conspirators.
Absolutely nothing has changed in the world of banking. Is any more proof needed that the people running banks are liars, cheats and thieves? Aside from the systematic extortion of the taxpayer, none of the promises about lending to the real ecomony or reining in their depraved “culture” have been kept.
Spineless assurances will not do anymore. The government must radically overhaul the terms of the licences under which banks operate. Real leadership and responsibility is needed now to ensure that this happens before the end of the year – not after months or years of consultation and behind the scenes corruption.
Businesses that want to enjoy the huge privilege of serving UK consumers as bankers must be held to a strict and rigidly enforced rulebook. No participation in casino banking, minimum levels of lending, maximum levels of interest rates and charges, a “right to borrow” for those businesses and consumers who meet straightforward criteria.
These steps are essential to re-establish the operation of an effective market economy. In a world which has become entirely monetised we can no longer be subject to the rapacious and avaricious behaviour of those who run the money business.
Peter Reynolds 