Teddybare Posted June 29, 2012 Share Posted June 29, 2012 I see each party has an opportunity to do the right thing, however way its achieved :- 1. Cameron, knowing he is 14 points behind Labour, has nothing to lose by throwing the bankers to criminal proceedings knowing full well Brown, Blair & Balls are the major political witnesses and all were founding positively encouraging light touch regulation. Their naivety on full show to the public. Cameron & the Tories could hugely capitalise on this and gain lots of points very close to an election. 2. Ed Miliband grows some balls, and before Cameron can get him with a punch, loudly shouts that the public deserve a criminal public inquiry into the relationship with the finance industry, regulation, politicians and our media. He knows he is throwing Blair, Brown and most importantly Balls to the wolves and hes glad to be rid of them. Which one will be pressurized into it first??? Do we really need to go to the expense and hassle of having an inquiry? It could take 30years to complete. Can't we just skip to the inevitable ending where they say: "sorry, won't happen again. There needs to be valuable lessons learned from this." And then carry on as usual? Link to comment Share on other sites More sharing options...
green Posted June 29, 2012 Share Posted June 29, 2012 Do we really need to go to the expense and hassle of having an inquiry? It could take 30years to complete. Can't we just skip to the inevitable ending where they say: "sorry, won't happen again. There needs to be valuable lessons learned from this." And then carry on as usual? It needs to be a Criminal Public Inquiry, so that we can ensure it is not a white-wash. And given the losses we have already taken on board thanks to this crisis, this will be a mere fraction. Link to comment Share on other sites More sharing options...
I1L2T3 Posted June 29, 2012 Share Posted June 29, 2012 I see each party has an opportunity to do the right thing, however way its achieved :- 1. Cameron, knowing he is 14 points behind Labour, has nothing to lose by throwing the bankers to criminal proceedings knowing full well Brown, Blair & Balls are the major political witnesses and all were founding positively encouraging light touch regulation. Their naivety on full show to the public. Cameron & the Tories could hugely capitalise on this and gain lots of points very close to an election. 2. Ed Miliband grows some balls, and before Cameron can get him with a punch, loudly shouts that the public deserve a criminal public inquiry into the relationship with the finance industry, regulation, politicians and our media. He knows he is throwing Blair, Brown and most importantly Balls to the wolves and hes glad to be rid of them. Which one will be pressurized into it first??? We'll have to see. This crisis has been a long time in the making, globally. Most of the world going into financial meltdown since 2008 was the result of a 30+ year process. IMO the party that will come out of this on top is the one that can face up to previous mistakes and its own part in the crisis. You can't solve a crisis without understanding why it happened. If Cameron gives Miliband/Balls a platform at the enquiry they will use it to wipe the slate clean for themselves. They will acknowledge the problems and they will clearly show they understand how to break free and move things forward. The Tories will be hamstrung by their loyalties to their paymasters - the last thing they want is for that to be laid bare. I think Miliband will do pretty well out of this. If they weren't hooked into the Tories the LibDems would have done even better. For the LibDems the coalition wasn't the once in a lifetime opportunity, this latest turn in the banking crisis is their true golden opportunity. Or would have been. Link to comment Share on other sites More sharing options...
green Posted June 29, 2012 Share Posted June 29, 2012 I completely agree. I really hope Miliband rises upto the occasion and exposes all past & present to the public, and let them face criminal proceedings. Only then when we can confront the past, can we move on. The Lib Dems will prove once again they were on the right side of the debate. Link to comment Share on other sites More sharing options...
Stan Tamudo Posted June 29, 2012 Share Posted June 29, 2012 Your ignorance is simply breath taking. He's a wind up merchant green, everyday is April fools day in rickiethecat's world. Link to comment Share on other sites More sharing options...
saunaman Posted June 29, 2012 Share Posted June 29, 2012 Isn't it just like Punch and Judy , this mud slinging between politicians ? They all drink and talk at the same bars and restaurants in Westminster , no doubt . Isn't it obvious yet that they're all following the same agenda ?? Llamatron referred to the railways . John Prescott nominated Tom Windsor around 2006 to improve rail travel (Labour MP ). Fast-forward 6 years , what a fantastic rail network we now have thanks to Tom Winsor ....... Now he's going to push through police privatisation , hope he does a better job than with the railways... As for corrupt bankers , the message from decent people should be : we don't need you so b!*&@er off . Have just moved to the rather more ethical Co-Op bank and cannot fault them , feel a bit smug actually ( sorry) and feel a little bit more positive about the future if people can start to show a bit of solidarity for us 99% not quite shafted yet . Link to comment Share on other sites More sharing options...
Anna B Posted June 30, 2012 Share Posted June 30, 2012 Do we really need to go to the expense and hassle of having an inquiry? It could take 30years to complete. Can't we just skip to the inevitable ending where they say: "sorry, won't happen again. There needs to be valuable lessons learned from this." And then carry on as usual? Doesn't it ring any alarm bells when even an old cynic like you can predict the outcome of an 'official enquiry' as being a whitewash? You're probably right of course, but doesn't that in itself strike you as totally wrong; when we know that the powers that be will simply sweep the truth under the carpet? Have we now come to accept being lied to, by people who are supposed to have the utmost integrity, as acceptable? Isn't that corruption of justice? In this case, carrying on as usual might not be an option for much longer. Because of the banks, there is every chance that we will end up like Greece, if not worse. That's how serious it is. Link to comment Share on other sites More sharing options...
Teddybare Posted June 30, 2012 Share Posted June 30, 2012 Doesn't it ring any alarm bells when even an old cynic like you can predict the outcome of an 'official enquiry' as being a whitewash? You're probably right of course, but doesn't that in itself strike you as totally wrong; when we know that the powers that be will simply sweep the truth under the carpet? Have we now come to accept being lied to, by people who are supposed to have the utmost integrity, as acceptable? Isn't that corruption of justice? In this case, carrying on as usual might not be an option for much longer. Because of the banks, there is every chance that we will end up like Greece, if not worse. That's how serious it is. It's really not. We have a huge relatively successful economy, Greece does not. We are a first world country with our own currency, greece is a third world country with an imposed, franco-german currency. We have 10s of millions of taxpayers, Greece has 10s of taxpayers. however many 0.25% contractions our economy takes it will be millions of years before we are anywhere near as badly off as Greece. Let's lay off the doomsaying for a while, it's bad enough England went out in the quarters without getting hysterical about bankers fiddling rates. Like someone said earlier on this thread, it's a very minor issue that's being blown out of all proportion for political reasons and something to fill out the newspapers with. It rings alarm bells that people are voting for these crooks. Any and all of them. Inquiries are just a political tool to silence the opposition and the public outrage. They pay some over privileged toff a huge stipend for having years and years of lunch meetings and writing a report. Wasting time and money. If they were conducted by an independant party and there were public hangings following these inquiries they'd get my support. Link to comment Share on other sites More sharing options...
taxman Posted June 30, 2012 Share Posted June 30, 2012 Attila The Stockbroker has the right idea about bankers. Link to comment Share on other sites More sharing options...
Anna B Posted July 1, 2012 Share Posted July 1, 2012 What's the betting that dispite the current outrage, this will be all but forgotten about in a months time, and it will be back to business as usual. We are an apathetic nation. Link to comment Share on other sites More sharing options...
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