Recently I wrote about the need for the government to have a greater stake, say or control in the banking industry. And, just to spite me, the Chancellor has gone straight against my advice.
You see, he belongs to a certain ilk of wealthy idiots who religiously follow neo-liberalism, the teachings of Thatcher. They are, in effect, her disciples. Now, when David Cameron said that ‘we are all Thatcherites now’, he meant that in a good way, but in the real world, the effects of neo-liberalism are most certainly not good.
When a British Chancellor privatises the little stake he has in a key industry, especially at a time of economic doldrums, he sacrifices our last chance for a recovery without a people’s revolution.
We needed RBS to invest in small businesses and communities, not carry on as the irresponsible, ghastly lumbering giant of vice that it was before the crash. I was always one of those who proposed that the Chancellor use any technique possible to bring the banks to heel, and to use them as vehicles of prosperity, but instead, he is handing it over to the not-so ‘safe-hands’ of the Trans National Capitalist Class.
Why shouldn’t we look to them? After all, it’s not as if they were the ones that caused the crash in the first place, by gambling away billions of pounds of working people’s money, in a sickening carnival of casino capitalism.
I want George Osbourne to know that I take this as a personal slight, and I will not forget, nor forgive this insult.