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Pingback: A Truthtelling Cartoon « Liam Kinnon
interesting comment comin from argubly the source of the most dammage to the western world. (not asbo i mean the media)
also 1st comment Yaaaaassssss
What do you mean by “damage”? I am certainly not a fan of predatory lending or their emphasis on selling us goods as happiness for great profit, but haven’t flown planes into buildings or killed thousands, either.
Surely the only way greedy bankers got to be greedy was because of their equally greedy customers?
BOooo pipped to the post
Maybe they haven’t flown planes into buildings, Robb
but
if the rumours are true, and there was some substantive reporting going on as well, those same bankers were investing in basic foodstuffs last summer as the prices rose, thus making a bad situation worse
I wonder if some folk died of starvation as a result
and that is only one, particular instance of how these guys shape trade in a way that damages the poorest
and damaging the poorest will lead to deaths…
people may point out that ‘they didn’t mean it’ no, but in way that’s what makes it worse, it’s the callousness that is so hateful and(long term) damaging
and murderous
And they’ve been aided and abetted by greedy citizens.
Heeeeeeeeeeeey, I didn’t do noffink guvvnor!!
This is pretty much the message that was coming through the times readers letters page over the course of the last few days. One of the letters today was arguing that it is very difficult to go against the flow and that as all of the banks were doing the same thing, it would have been impossible to stand against it.
I wonder if we will see the damage that bankers have done over the course of the last few years. I would bet that we wouldn’t factor into it many of the things outside of ‘directly causing death’. I wonder how many indirect deaths the financial markets have caused.
co-op bank didn’t
If the people did not take out loans they couldn’t pay off to buy houses, Plasma TVs, SUVs, vacations, raise children, they could not afford, who would banks have to prey on?
It’s like the people complaining how Wal Mart Super Center killed the local gracery store – NO, THEY did not, YOU did by shopping there instead.
You voted with your wallet and the locals lost.
Suck it up and take responsibility for your own choices and the following actions.
And the banks got themselves in some of their own trouble buy getting into risky deals with money they didn’t actually have – much the same as the citizens mentioned above.
It ain’t “the banks” it is the entirety of our culture.
Back to the morgatge thing, our wonderful Congress, by some law I forget the name of, pretty much forced banks to give loans to high-risk home-buyers.
Some folks (like me) just plain do not make enough money to be buying a home.
I need to stick to renting – not owning.
and then there’s this business of tax increases on those “rich people” with over $250,000 income – uhh, excuse me, Small Business owners, like most of the people I’ve ever worked for, have to report their business’s income as personal income – how much you wanna bet that my payraise, or even my job itself , is going to go away to pay those higher taxes?
This “class warfare” thing just irritates me to no end.
And I’m in the lower income class.
And because of my health will stay that way.
Spot on Birchy.
and a new insult comes into being. I cant think of any worse retort that ‘what a Banker…’
thanks stumpy.
i wonder how many will die next winter.
is greed as serious as murder?.. looks that way.
Who gets the prize for the non western world I wonder?
Greedy bankers, and greedy customers…
And the collateral damage isn’t limited to the western world.
indeed not, rainer.
miriworm… i suspect that accolade would go to the west too.
spot on, the thought of loosing your home, because of the financial climate’s just horrendous. the fact that this is happening to people through no fault of their own dosn’t mean people don’t feel ‘guilty’ and responsible for their own plight.
i also think the crushing poverty of not being able to do anything other than work, is grim, – where is the light for your soul?
one of the most prophetic Christian writers I’ve read, Margaret Legum, wrote about the ‘false shame of poverty’, that people in power wanted us to feel it was our fault that we were poor, that we have failed somehow, or have a lack in some area.
i read today in the Gaurdian, it’s finally been acknowledged that the ‘trickle down effect’ is a myth, that creating an economy to favour the rich, will increase the disparity, and against wide claims, nothing ‘trickles down’.
delboy makes an interesting point @ 2, re. the media.
true that!
subo – wealth DOES trickle down. But it trickles up even more.
Mr Brown’s recent comment that ‘banks should be the servants of the economy’ strikes a chord with something biblical – a far cry from the situation at the moment though.
what economy?
“it trickles up even more”, i guess so
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