Nice to see the BBC oblige poor beleaguered Mr Brown by allowing his attack dog John McFall to posture on Today that it was the bankers that caused our economic recession, sorry, I mean down-turn that’s now on the up-turn, any day soon.
It’s my view that the Labour spin machine is trying a three card trick routine on us by introducing the evil bankers as a useful distraction for public anger from the corrupt political establishment. The Treasury Committee seems obsessed by the behaviour of bankers and suggests that it was the bonus structures that encouraged reckless behaviour. In turn, this helped crash the econ0my; ergo blame the bankers. Brown’s political DNA is all over the economic disaster we live through but oddly enough McFall can’t seem to find any of it! Oliver Kamm does provide a counter-balance to McFall’s propagandising but the BBC headline for this story is that it was the bankers wot done for us. And a lot of people just take in the headline. Natch.
Look at the right hand, never mind what the left hand is doing….