Ok, I must admit, I'm wound-up. And how often am I angry on this blog? Practically never! But I have to say, I've just had enough of all this pious, suffering-is-necessary, cuts-are-good-for-you nonsense we're hearing from our government. Who has caused all this world-wide financial woe, this global economic shutdown? Who lent all those billions of pounds and euros and dollars and every other conceivable currency to dubious borrowers for dicey mortgages? Who gambled tax payers' money on hedge funds, options, derivatives and all the rest? Well, the bankers and financiers, of course.
They felt they had to compete with each other, and had short-term gains in their sights, with absolutely no concern for the long-term good. It's called feathering your nest. And we, the ordinary citizens, are being asked to pay for it. And the bankers? They're safe in their jobs and, moreover, still receiving handsome salaries, and bonuses on top! And now we hear that Whitehall is being fleeced for millions of pounds by private sector firms supplying cleaners, stationery, and God knows what else, at way above the market price. (Not the suppliers' fault - they're just doing business - it's the government's fault for being so naive, and so lax with their own budgeting.)
Governments allowed the so-called banking and financial experts to run away with our national equity. They turned a blind eye when the going was good. Objectors (and there were some within those banking firms) who warned about an imminent catastrophe were silenced and sidelined. And now, we, the hard working tax payers, are being asked to pay the price - for many of us to the tune of thousands of pounds annually for many years to come. I'm sure we all don't mind pulling together for the good of the country - but it rankles when our elected government can't keep their own basic finances in order, and when the bankers are getting away scot-free.
Rant over... I feel so much better now!