How ironic that the British Banking Association is slating the media for its negative coverage, inexperienced press reporting and for ‘failing to understand’ the economic crisis. So exactly what is there to be confused about? It is patently clear how our ‘fat cat’ and unaccountable bosses have dragged the economy through the mire through a collective lack of foresight, planning and experience. I applaud the media’s condemnation of the captains of industry who, far from steering their respective vessels through stormy waters, have smashed them to smithereens on the rocks, and bailed out with their pensions in tact. So much for the age old honorable precedence of captains going down with their ships! These people have ruined the banking industry for which Britain was respected for decades for its ‘conservative’ approach. They have also played a major role in compounding the misery of life on the dole with employment now surpassing the two million mark as the recession takes hold. Giving the fat cats a helping hand in the debacle are culprits including The Governor of the Bank of England and the Prime Minister who is guilty as charged for giving the Bank of England its independence in 1997. If the British Banking Association wants the media to halt its negative coverage, it had better hurry up and give journalists something positive to report.
