THERE’S more than a hint that something’s wrong when a bank rewards its staff with £1.6 billion bonuses for losing £3.6 billion.
Words like ‘obscene’ and ‘immoral’ spring to mind and so, too, does the biblical word ‘usury’ – the Old Testament ban on loan-sharking.
God kindly laid down principles of economic care and compassion for good practice in the market place, and letting go of these caring values has brought us to our present disgrace of debt and failure being rewarded exactly the same as profit and success.
Amazingly, 84 per cent of the offending Royal Bank of Scotland is owned by you and me yet we’re still being robbed.
Should bonuses not at the very least be channelled back to taxpayers, especially when many can’t even persuade fat bankers to give loans?
Even further, is it not time for a radical re-design of our fantasy economy that booms and busts us into depression every two decades?
For instance, governments produce only three per cent of the world’s money. The other 97 per cent is created out of nothing by the banks, often only existing as digits on a computer screen.
They play fantasy funding like those fantasy footballers in our daily papers, and only get away with the mass of debt so long as growth and confidence continue.
Sooner or later reality bites. We see the king has no clothes, or rather the bankers are bare-faced users, nude of all principal.
Maybe the bite is actually a divine nibble, God nudging us back to his original way rather than trusting bankers who make politicians look like saints.
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