Looters in suits: Britain’s bankers let off the hook again and again

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Looters in suits: Britain’s bankers let off the hook again and again

September 17th, 2011

FAKE NEWS for the Zionist agenda

Max Hastings
Daily Mail
September 17, 2011

Three years ago this week, the collapse of the American investment bank Lehman Brothers signalled the onset of the global financial crisis, which has since escalated into a sovereign debt nightmare, boiling around us still.

In response to the financial services industry’s manic greed and incompetence, the British Government last year established the Independent Commission on Banking.

On Monday, the commission published its final report, calling for Britain’s banks to be broken up, ring-fencing their retail arms from the investment ‘gambling’ operations.

So far so good. But then the rocket fizzles out abruptly: reform need not be implemented for eight years. Some of us will be dead, for God’s sake, before anything happens.

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One Response to “Looters in suits: Britain’s bankers let off the hook again and again”

Think I heard that London’s ‘Daily Mail’ is a “tabloid” paper…the term has a negative conotation. But this story isn’t departing from on-the-ground reality.

Trying to weave your way through economic reports, even it you master the jargon, is next to impossible. It is meant to be that way for good reasons. Germans are in open rebellion asking what membership in EU schemes is doing for their country. Tim Geithner is visiting one of their economic confabs to get a pulse reading on the imminent collapse of the EURO and its effects. American taxpayers may offer another bailout of Europe’s staggering financial woes. What the hey!

Why are EU capitalists in such dire straights? Some say because the leaders of the major economies insured their own rise in political circles by uping pension plans and other social benefits. When the rug is pulled out from under generations who haved lived the good life, something will give. As demonstrated in Greece and England by violent riots against austerity measures.

The cost of funding social programs is being blamed and those programs will be the first subject to cuts. We in the US are hearing the same rhetoric with the fever pitch amped up against public unions’ demands for benefits and other ‘entitlements’. Lost in the conservsation, the reactionary push-back, is the banking industry’s culpability–witness to their greed run amok, the fact that governments–on both sides of the ocean–averted eyes intentionally.

The great paradigm shift occurred with hardly a notice in the MSM; the talking heads continue to chat us up with stats and predictions. The stock market careens like a mecanically-compromised rollercoaster and we wait for the government to bring relief. Good luck with that!

I see method in the madness. But that’s just me. There is only one way out: global banking control.
Oh, yeah….