Bailing out the bankers

Last Updated on Monday, 06 June 2011 12:53 Written by Press Office Monday, 06 June 2011 00:00

THE coalition Government is dishonestly trying to blame cuts on to the last Labour government.

But it is obvious to anyone that the international banking crisis got us into this mess and it should be they and the other parasites in the banking and finance industry who should shoulder the main burden for getting us out of it.

The irresponsible, short-term greed of the gamblers and spivs is clear for any honest person to see.

Yet, incredibly, the bankers are still paying themselves £7 billion in bonuses in this year alone.

Why are working class people and the most vulnerable people in society being made to pay for the banker’s crisis?

There is no example in history where such a thing as all these cuts has ever worked.

It generated double dip recession. This Government has taken a big gamble on the backs of working people and the most vulnerable people in society.

The choice made by this Con/Dem coalition Government to make these cuts, is a political choice to undermine the welfare state and the public sector, not an economic choice and the cuts do not need to happen.

Keith Henderson
Clacton Labour Party
Parliamentary Spokesperson