Tuesday, October 14, 2008

Money for nothing

While the taxpayer is fleeced for billions of pounds it transpires that the bankers were lining their own pockets even as the credit crunch struck home with some £17 billion worth of bonuses last year.

You don't have to be a rocket scientist or a respected economist to work out what the average man on the street will think of that - it is an utter disgrace. While the rest of us are tightening our belts these greedy swine have had their noses in the trough - now they have convinced our government to hand over billions of pounds worth of more swill.

Perhaps the most sickening thing is knowing that these greedy bankers, having been rescued from their own hubris by the taxpayer will not show the same consideration to those that saved them. Taxpayers will lose their homes as the banks rush to repossess at the first hint of trouble; small businesses hit by cash flow problems will fold as banks refuse to extend their credit the way those small businesses did for those banks.

It is wrong and I don't like it.

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