Thursday 18 September 2008

Lehman Bros, HBOS etc. - A Nation Mourns

Yes, we were right all along. The whole Thatcherite thang - cutting taxes on the rich, allowing banks to do what the hell they bloody well liked, pretending the government had no legitimate role in the economy - it was all bollocks. Those of us who voted Callaghan in 1979 and Foot in 1983, who have been leant on for decades to admit we'd got it all wrong - well, as we now know, WE HADN'T. The 40% top tax rate was a disaster from the start, bringing in the massive boom/bust cycle which kept the Tories out of power for more than a decade - though sadly not convincing NotLabour governments to reverse it. Given enough rope to hang themselves the banks duly did - though of course those who were really responsible never paid the price, which is being paid as always by ordinary working people. Given that these guys have fucked up our economy while still remaining filthy rich themselves, what are we going to do? They should either give up their ill-gotten gains, or DIE. As they're clearly not going to do the former, how about the latter?

Class War demonstration outside the Stock Exchange, Monday 22nd, 12 noon, Paternoster Square EC4, nearest tube St. Pauls - don't precisely know what this will achieve, but may just prove a starting point and we'll take it from there. But the physical security of the rich now has to be threatened, as they've threatened ours. Let's see some DEAD BANKERS! The forthcoming Winter of Discontent is going to eclipse anything that happened thirty years ago.

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