Swindlers at the Heart of the Meltdown ; Letters

Summary


Well, well, well, here we all are again, smack bang in the middle of another gigantic fiscal pickle, that yet again poses the United Kingdom several huge questions. What caused it? Where has all the money gone? How do we get out of this colossal economic mess? And, who has to pay? The cause was obviously looting, on a colossal scale, by those in control of the vast wealth created by capitalism and who have simply run off with that money, leaving the bulk of the UK population in a serious mess. Capitalism was, of course, conceived long before our major financial institutions became heavily computerised, and these huge fiscal bodies always could absorb a lot of swindlers, mainly because these thieves didn''t have the ability to steal fast enough to cripple an entire country. Recent events have shown that this is no longer the case, and have also shown that modern day swindlers in very expensive suits now have the ability to swindle countless billions before alarm bells ring. And the money was gone long before recent swindles, (of epic proportions), were even detected! The economy is now far too complicated for regulators to know when a swindle, or even a massive blunder is in progress, and after the most recent sub-prime mortgage based swindle, (i.e. the banking collapse), there simply isn''t enough money left to support the current UK social conditions.

We''ll have to look far beyond the simplistic sound bite news items on TV which continually convey the message that we''re all in this together, and that we will all have to suffer drastic levels of austerity.

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Swindlers at the Heart of the Meltdown ; Letters

And as Professor David Harvey pointed out, (w...

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