Tuesday, July 24, 2012

Tony Blair - "Hanging Bankers Won't Help"

I always thought Tony was a spoil sport. OK lets get all scientific like and conduct a double blind test. Lets hang 20 bankers at the end of the High Street and track a control group of another 20 bankers, then see which group steals the most from the British public. No doubt the experiment would have to carried out multiple times to ensure consistent results, can't be too careful when it comes to banksters.

From the Telegraph.co.uk

Original source

In an interview with The Daily Telegraph, the former prime minister launches a defence of the free market and liberal economic rules established by the Thatcher government.

The approach promoted by Baroness Thatcher’s government is not to blame for the recent financial and economic crisis, Mr Blair says, warning against taking vengeance on bankers and increasing State intervention in the private sector.

We must not start thinking that society will be better off “if we hang 20 bankers at the end of the street”, Mr Blair says.

Big international banks are still the focus of public and political attacks for what critics say was their role in causing the financial crisis.

Mr Blair cautions against letting that anger lead to regulations that could reverse Lady Thatcher’s work to reduce government involvement in free markets.

Read more

No comments:

Post a Comment