Laissez faire is not the only culprit


Not guilty

Not since Henry I ordered “that all the mint-men that were in England should be mutilated in their limbs; that was, that they should lose each of them the right hand, and their testicles beneath” have bankers been so unpopular.

Politicians, grateful for cover for their own responsibility for this mess, issue blood curdling threats against bankers salaries. The left argues that banks should be left to stew as they brought this on themselves, a stance they have never adopted towards other failing enterprises such as coal mines or car factories. Meanwhile the ordinary voter is wondering why there appears to be a bottomless pit of cash for banks when parties are proposing spending cuts.

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