HANG THE BANKERS?

The BBC narrative is clear. Bankers were solely responsible for the global financial crisis. Go a little deeper and the narrative refines itself even more alarmingly; Capitalism was solely responsible for the global financial crisis. If only the State could control things. Next, seize on every opportunity to nail this in the public psyche. Take this current onslaught against RBS Chairman Stephen Hester. His crime has been to abide by his contract - a contract put in place under the gaze of a Labour Government. Now, the BBC allows Labour spokesman Chuka Umunna to rage against the sheer iniquity of what HIS party facilitated in the first place! Mike Cunningham, one of my fellow writers over on A Tangled Web, tackles the issue here.