Peter Reynolds

The life and times of Peter Reynolds

Posts Tagged ‘exploitative

Barclays’ Biggest Banker Robber Plans Smash ‘n’ Grab On Britain

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The Unacceptable Face Of Banking

We don’t want Bob Diamond in Britain. He’s to be the next chief executive at Barclays Bank.  See here.  He’s not the “right sort of chap” for us or, if you prefer, he doesn’t have “the right stuff” for Britain.  He’s a wide boy and a high stakes gambler.  We don’t want him anywhere near our banks, our savings or our overdrafts.  Why can’t he just go back to the land of the free and the home of the brave and chowdown with all the other cowboys?  He’s the wrong man for Britain.

It’s people like Bob Diamond who were directly responsible for the banking crisis and for bringing the world’s economy virtually to its knees.   He won all his bets so he’s alright.  Let’s be clear though, it’s his behaviour and those like him that is to blame for the massive cuts that we’re all facing.  He has robbed our parents of their pensions, hamstringed our business world, destroyed our children’s jobs and sabotaged their children’s education.  He is laughing all over his flabby, smug face at our expense.

He’s won a £100 million fortune on exactly the sort of gambling which has destroyed our economy.

Vince Cable should stop posturing.  He was great in opposition but it seems, even in government, all he can do is snipe from the sidelines.

I say, deny Bob Diamond entry into Britain on the grounds that he would be a danger to the country.  Barclays may claim that it has accepted no help from the taxpayer but its exploitative business model depends on blackmailing us with its size and importance to the economy, just like all the banks.

What we needed to do was clamp down hard on their excess, split them into smaller pieces, separate casino investment from banking services, force them into accountable lending policies, severly limit earnings levels and make it clear that they work for us, not vice versa.

We may already be too late.  Britain’s banks continue to be out of control.

It’s Not Drugs, It’s Drug Laws That Killed the Bradford Girls

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Forced Here By The Law

If heroin was legally available on prescription the three Bradford prostitutes would be alive today.  It is our discredited, ludicrous policy of prohibition that has led these women to their terrible deaths.  Cowardly, self-serving politicians who will not address the real issues about drugs policy have blood on their hands.

Today we also learned that the sensationalist, exploitative treatment of the death of two young men in Humberside “linked with mephedrone” was nothing but hysteria.  See the story here.  Humberside Police shares responsiblity with the media for leaping on a bandwagon, seeking kudos or some unknown advantage through lies, propaganda and misinformation.  Trying to look tough.

It’s not a good idea to use heroin or mephedrone but criminalising users and creating a lucrative black market for criminals to exploit is an absurd idea.  It’s exactly what America did with alcohol in the prohibition era when, in fact, it created organised crime.

Created By The Law

For those who become addicted to illegal drugs there is very little help available.  Almost all street crime is related to feeding a drug habit.  If, instead of the unwinnable “war on drugs” we put our money into a regulated supply and treatment facilities we would massively reduce the harm that current laws cause.

The girls in Bradford, the poor people of Jamaica, our young heroes who are dying in Afghanistan, the young man who is selling his body right this minute in Manchester, Baltimore, Hamburg or Singapore, the downtrodden people of Columbia.  They are all victims of our absurd, self-defeating drug laws.  When will our politicians and leaders stop chasing cheap political points (and expensive bribes) and face the facts?

Fighting For The Law

Legalise, regulate, tax – you pull the rug from under organised crime, you eliminate the need for most street crime, you have the resources to address the issue as a public health problem.

Transform Drug Policy Foundation has the answer.