Saturday, 19 January 2013

Unlevel Playing Fields

Philosopher, lawyer and political theorist Marcus Tullius Cicero once said, “When government becomes powerful it is destructive, extravagant and violent, it is a userer which takes bread from innocent mouths and deprives honourable men of their substance, for votes with which to perpetuate itself” and using austerity measures to redress the fraudulence of the banks and the greed of the corporate elite does precisely the same.

Those who would have us believe “we are all in this together” insisted,

However, during almost five years of economic crisis,
  • Bailouts continue to save the bankers and not their customers or the economy
  • Taxpayer investment provided funds for mis-selling reinbursement and rewards for failure
  • FSA investigations held no-one to account bar a few insignificant fines
  • Job losses and austerity measures reduced the incomes of the vulnerable and left them stripped of their homes

Before the crisis of 2008 those daring to suggest deregulated, reckless lending would come home to roost were labelled incompetents and lunatics. Four years later, as a direct result of bailout related austerity measures, cut backs dictate my eighty six year old mother cannot receive an attendance allowance unless she has been unable to manage her personal care for more than six months and her GP tells me he is unable to admit her to hospital unless he can secure funding for her treatment with ultra sound evidence for which the waiting list is six to eight weeks. Struggling to address her medical emergency along with her future care while unsuccessfully pressing HBOS to investigate my long overdue complaint, it beggars belief to find our banksters, who to date have remained largely unchallenged, are once again deliberating over how best to pocket obscene rewards for their gargantuan failures while the vulnerable and the innocent pay the price for years to come.

For the vast majority David Cameron’s “aspiration nation” is far from a shiny new goal for our economic future but instead a harsh and painful consequence of our bankers wicked past. After decades of unregulated pillaging, banks have bequeathed us a legacy of cut backs and cover ups and because of this, a few much loved but often fanciful aspirations are all a great many of us now have left. Marcus Tullius Cicero also said, “If the truth were self evident, eloquence would be unnecessary” and despite what some would have us believe, the playing field in this financial crisis is definitely not level however eloquently it is portrayed.


  1. Great Piece Caroline and yet another savage indictment of our broken society. Quite how the 650 morons who inhabit the Palace of Westminster can have done so little about this shambles in 4.5 years - yes it really is that long - is beyond belief. The solution, I fear, is not going to be political.

    1. As ever thank you for taking the time to comment. Wish I had reason not to repeatedly bang on about all of the above but nothing seems to change. I'm with you Ashley, the Palace of Westminster needs to get a grip rather than continually serving us hogwash and lip service to placate.

  2. Supply side thinking is not dead in the Tory party, and nor is a desire to penalise the poor.

  3. The politicians have had long enough to sort this out. Their failure will result in other means having to be found and adopted. Gandhi's passive resistance would be a start. The WWW has actually disempowered the majority. 20 years ago they would have taken to the streets an protested, today they protest alone and largely impotent. We have to use the web to organise rather than complain in solitary.

  4. There is only one solution to circulatory inflation/deflation, and irreversable multiplication of debt by interest into terminal debt.

    Think about it: How it is even possible to maintain a vital money circulation without accumulating terminal debt?

    A currency without interest with an obligatory schedule of repayment at the rate of depreciation of the property/consumption.

  5. Government is Antoinesque.
    Politics is broken.
    Democracy is dead.
    Parliament is not fit for purpose.
    Government has become the enemy of the State.

    The banksters are but one part of 'the establishment ' that depends upon corruption to exist.
    The entanglement is both endemic and systemic.
    This government is corrupt.
    The corruption is absolute, lead from the top down, and out of control.
    Being rotten to the core and from the core, everything it touches it taints.
    Having neither the will nor ability to change, outside intervention is indicated.

    Any persons who fail to act appropriately when faced with corruption,
    or condone in any way the actions of those determined as corrupt,
    become, by definition, corrupt themselves.

    There comes a time when, for the sake of humanity, society and civilisation,
    it is not only the choice of a person to throw out corrupt governance,
    but a duty.

    It is those in power who are the terrorists, having destroyed our society from within.

  6. Isn't "the economy" a mere tool, not the driving force, behind a happy, healthy, rational, humane, sane society/community. When "the economy" betrays the society/community, it needs to be rejected and replaced by a system that benefits us, humanity, not a tiny sliver of humans on this planet.

    That is why I protest "the economy" every way I can, every day, in a big city on the planet.