Tuesday 11 May 2010

Money matters - so the markets say

In my blog on 7 May, I mentioned Mariella Frostrup's frustration about why we as a country still seem to be at the mercy of the money markets. I was interested to read yesterday Gary Younge's article in The Guardian entitled, The People have spoken. Don't let the Money Markets shout them down. It included this paragraph:

So the very sector we bailed out with public money, run by incompetent people who are once again paying themselves bonuses, is now threatening to destabilise the next government unless it fires thousands of low-paid workers, cuts their wages and withdraws the services to millions of mostly poor people.



I think that says it all really. Thank you, Gary.

You can read the whole article at

www.guardian.co.uk/commentisfree/2010/may/10/people-markets-democracy-capitalism

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