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GREEDY BANKERS-AN ARISTOCRACY OF CONFIDENCE TRICKSTERS.

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Hanging bankers from lamp-posts would do no one any good -but this bonus gravy train is just an INSULT TO ALL OF US

by

MAX HASTINGS

[Daily Mail-Tuesday, January 27,2009]

 

AS THE DISCREDITED 'MASTERS OF THE UNIVERSE' MEET IN DAVOS, SWITZERLAND

 

...few among the POLITICIANS or BANKERS, however are likely to be rash enough to be photographed sharing a JOKE.  They know that the MOOD among their respective PEOPLES is DEADLY EARNEST...

Tricksters

Some wealth will eventually return, as stock markets and property values make a faltering recovery.

This mirage was created of course, by the bankers.  We now discover this gilded breed to have been an ar8stocracy of confidence tricksters.  It is debatable whether many, or given any, committed indictable criminal offences, because they can argue

THAT THEY ACTED IN GOOD FAITH.

But the consequence of their actions was

FRAUDULENT

They paid themselves stupendous rewards for generating profits

WHICH HAVE PROVED FICTITIOUS.

They claimed unique expertise in operating a system

WHICH THEY LOOTED

leaving customers and investors squatting among the wreckage.  Many use creative accountancy to ESCAPE INCOME TAX.

TODAY, the world understands this.  Only one group of people seems oblivious and still appears not to have got the message about their responsibility: THE MONEY MEN THEMSELVES.

Latest published figures show that the big WALL STREET banks' bonus pool for the year just ended has fallen by a risible 4.7 per cent during 2007-8. An average of

130,000 PER WORKER

which takes account of typists and doormen -HAS BEEN PAID OUT.

The big players, a substantial number of them British, have of course received the lion's share, with much larger sums of money. A banker shrugs: 'If we don't pay the bonuses, we lose the talent.' To be sure, thousands of City and Wall Street employees HAVE LOST THEIR JOBS.  BUT those who remain still suppose that the rate for the jobs which they do can justly be measured in hundreds of thousands, or even MILLIONS OF POUNDS.

THEY simply WILL NOT ACKNOWLEDGE their FAILURE and EXPOSURE.  Having developed over the past few decades a gross sense of SELF -ENTITLEMENT, they CANNOT UNDERSTAND that by any objective criterion, THEY HAVE SHOWN THEMSELVES NOT WORTH THE MONEY....

 

Insult

I am a capitalist, and I believe in

REWARD FOR SUCCESS.

If we ever get out of this economic mess, and real businesses are once more generating real wealth, it seems perfectly acceptable for those who run them to receive big pay cheques.

TODAY, HOWEVER, it is an INSULT to MILLIONS of PEOPLE who are LOSING THEIR JOBS and have watched THEIR SAVINGS DECIMATED to be asked to TOLERATE the continuance of the BANK BONUS CULTURE.

It is sometimes said that this is no time for cheap revenge; that hanging bankers from the lampposts will do no one any good.  MAYBE. BUT it is quite another matter to expect us to stand waving beside the tracks, while the great golden City and Wall Street gravy train toots merrily on towards the next conveyer belt of money, MOST OF IT OURS.

It would be hopeless to expect many of the moguls assembling in Davos , Switzerland, this week to eat humble pie. BUT if they continue to PAY THEMSELVES MILLIONS  they should not be surprised to look down from their windows in LONDON and NEW YORK and see threatening faces peering upwards, and hands fingering ropes.

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[It is obvious that a great many of these  well-heeled confidence tricksters are on a planet of their own. Their world is not the world we know. It is more a selfish greedy get-rich aspiration of a computer machine ,with no conscience, which is abhorrent to most  human beings.  These people in the main have NO LOVE OF COUNTRY-NO LOVE OF VALUES-NO HUMAN SENSIBILITY. THEY LIVE ON BONUSES as a crocodile lives off its prey. They live for WEALTH and POWER.  They are rich enough to take the next rocket space ship to outer space and as soon as they go the better it will be for us.  If they try their devious dirty tricks in space we hope they get what they JUSTLY DESERVE. We hear that the Government itself has much explaining to do and if all we hear is TRUE then the GOVERNMENT itself should FALL.]

 

BILDERBERGERS

 

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[Font Altered-Bolding & Underlining Used-Comments in Brackets.]

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FEBRUARY-2009

[Brought forward from JANUARY-2009]

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