Forgetting the role of the banks

Scenes from the Çukur neighbourhood of Istanbul, originally uploaded by CharlesFred.

They not only took risks which almost brought down the workd economic system and threw the world into recession. They not only had to get rescued by the governments around the world. They did not only have to pay themselves massive bonuses all thorugh the period, using money taken from the governements.

But the banks now seem to be having sport by undermining countries one-by-one. Those problems I mentioned about Greece yesterday seem to have been exploited by the banks who are now the ones which are undermining the Greek economic system and speculating against the Greek government bonds in a battle which they will, no doubt, win.

And now it seems they have their eyes set on Portugal and, no doubt, after Portugal, Ireland.

And then they have the cheek to ask why they should not be paid their bonuses. Incredible!