So . . . it was the 'bankers' after all . . .

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Capodecina
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Mervyn King tells MPs: 'The price of this financial crisis is being borne by people who absolutely did not cause it'


Mervyn King has risked reopening the bitter argument over blame for the financial crisis by saying that government spending cuts are the fault of the City and expressing surprise there has not been more public anger.

The governor of the Bank of England said that people made unemployed and businesses bankrupted during the crisis had every reason to be resentful and voice their protest. He told the Treasury select committee that the billions spent bailing out the banks and the need for public spending cuts were the fault of the financial services sector.

"The price of this financial crisis is being borne by people who absolutely did not cause it," he said. "Now is the period when the cost is being paid, I'm surprised that the degree of public anger has not been greater than it has." (The Grauniad)
Still, what would the Governor of the Bank of England know about anything?

Remind me . . . doesn't our esteemed Prime Minister come from a family of 'bankers' :confused:
 
Remind me . . . doesn't our esteemed Prime Minister come from a family of 'bankers' :confused:

and?.. what if he does?.. they don't have to be directly or indirectly responsible for what happened at all... honestly it used to be considered an amazing proffession, and now everyone treats them with the same attitude as they do to sex offenders..


oh and

lol stockhausen
 
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