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Re: Britain. Ruled by the banks for the banks.
Quote:
Originally Posted by Chrysalis
cue the the bankers elite core to say we as a country need these greedy capitalists.
Yes I am aware if we let them leave there would be a gap in tax income, but the entire financial sector wouldnt be gone, retail banking would remain, its just the investment side I want either gone or severely legislated and taxed.
That storyville documentary where there is a economy based on people betting on defaults and the like makes me sick to the stomach. The US and UK financial success always based on house prices and investment bankers and we now know why governments fight so hard to keep the housing market up.
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If by "bankers elite core", you mean those who don't have a one-sided view on the subject*, and want to consider the implications of any drastic proposals on the overall economy, count me in as a member of the "bankers elite core". 
*but who do think that the bankers shafted the world economy due to the disconnect between risk and reward, but that they were also supported in this by governments who deregulated too far and by consumers who spent too much without thinking through who was going to have to eventually pay for this cornucopia of consumer goods and housing.
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