“This is a scandal. It is extremely serious. They've had a very large fine and quite rightly. But frankly the Barclays management team have some big questions to answer,"
"It is clear that what happened at Barclays and potentially other banks was completely unacceptable, was symptomatic of a financial system that elevated greed above all other concerns and brought our economy to its knees."
But does anyone believe this is different from that Maori rugby player screaming death and blood at his opponent? After the game – after the Commons statements, frowny appearances on the BBC and “we will act” articles in today’s chosen Sunday paper – the people making these statements (Osborne, Cameron, Miliband, Balls) will be stood at the bar with the people they condemn.
The stately dance has become a dark ritual, a celebration of the demonic bargain struck by politicians with banks to allow them the means to use tomorrow’s tax (and today’s inflation) to bribe chosen groups of voters. Not satisfied with encouraging us to vote to spend other people’s money, we voted to spend money that didn’t exist, to create a magical money tree.
And all the while the dancers piled up cash, assets and power while we – the poor suckers – piled up debts. Yet we carried on- and as we’ve seen in Greece will always carry on – pretending (are we really such fools) that it isn’t us who do the living and dying round here – that the magicians of government will solve all the problems.
That dance – that black dance – was the deal that made this possible. And it was, is, will be a monstrous deception. The greatest of great lies.
The thing we thought was a money tree? It’s a gibbet. And those dancers will hang us from it.