Comments on: Are the bankers to blame?

By: Geraint Anderson trounced by John Redwood « Flip Chart Fairy Tales

Geraint Anderson trounced by John Redwood « Flip Chart Fairy Tales — Fri, 27 Feb 2009 07:41:08 +0000

[...] to be fair, John Redwood seemed as surprised to have won as Geraint Anderson was to have [...]

By: Will

Will — Sun, 15 Feb 2009 18:49:59 +0000

John,

I hope to hear you defending capitalism on moral grounds in due course now that you have heard Yaron Brook.

By: Rory

Rory — Sat, 14 Feb 2009 23:23:38 +0000

I’ve heard Dr Brook talk about the Financial Crisis in America, but nothing about what he thinks are the specifics of it here in the UK. Can anyone give any of the more detailed points he made regarding the British economy?

By: Ed Thompson

Ed Thompson — Sat, 14 Feb 2009 18:06:53 +0000

For a firsthand understanding of Yaron Brook’s position on the financial crisis – and an appreciation for the rapt attention to which he was afforded when he spoke, go to the Web site of the Ayn Rand Center for Individual Rights:

http://www.aynrand.org.

By: Adrian Peirson

Adrian Peirson — Sat, 14 Feb 2009 11:33:52 +0000

We have not had Capitalism, The Marxists have doen this Deliberately.
Is it an Accident when the Communist Manifesto openly calls for the collapse of free market capitalism.
http://www.youtube.com/watch?v=5EMqMgx03iM

All by design, the Head of Global Banking, I don’t mean the sacrificial lambs we saw on TV recently are all commited One World Communists.

At least one of whom is mentioned here :-
http://www.brusselsjournal.com/node/865

By: Matt

Matt — Sat, 14 Feb 2009 08:28:06 +0000

Call me cynical but the Oxford undergraduates are possibly hoping that the bankers don’t take the blame as so many of them will see themselves in the city in a few years time being those very bankers. There was probably a considerable proportion with current family links to city workers.

To be involved in a rather pointless debate about blame at this time is, I expect, a necessary part of modern politics which insists on politicians being excellent self publicists.

I’m re assured that John seems to spend rather more time trying to work out how to deal with where we are than on trying to find someone to blame.

By: mike stallard

mike stallard — Sat, 14 Feb 2009 02:42:29 +0000

Well done for winning!
I think the Labour Party has a sort of knee jerk reaction to the bankers. Partly it is the traditional loathing of the toffs who run the country. Partly it is “wasn’t me guv, it was him”. It is no coincidence that John Prescott is organising the petition to stop bonuses.The reality, of course, is that the Labour party has got a lot too close to the rich, and that includes bankers. This is now coming out quite clearly.
The wunch of bankers are certainly not blameless. They accepted the dud loans in their ridiculous greed.
And that ought to be punished, not rewarded.
Also, of course, there ought to be real regulation again.
Otherwise we can kiss London as the banking hub of the world goodbye.

By: Bazman

Bazman — Fri, 13 Feb 2009 22:25:24 +0000

Million quid a year? Guys Like us? MP’s shaking their heads? Who is to blame?

By: Atlas shrugged

Atlas shrugged — Fri, 13 Feb 2009 20:22:27 +0000

Ayn Rand Institute made an impressive speech explaining how the Federal Reserve Board and the UK monetary authorities were to blame,

I was not there of course, OR WAS I?

The Ayn Rand institute may have radically misunderstood Ayn Rand herself. However they understand her writings, which is what matters.

They made an impressive speech as you call it John, because they know as does myself what this is all about. Who has the power to make it all happen. Who has the power to stop it from all happening, and who has the power to cover it all up before, during ,and after the event.

John, if you had been properly listening. I am sure you would as well by now. You strike me as having at least as much common sense as you were born with. Which is a far above average amount, when it comes to MP’s of both parties.

By: Simon D

Simon D — Fri, 13 Feb 2009 18:08:21 +0000

In this country we love historical analysis and playing the blame game. But how many Oxford academic economists (Marxist or otherwise) were standing on soap boxes warning us about what was going to happen? They were no better at looking into crystal balls than Gordon Brown, the Conservative party, the bankers, the regulators and the mainstream media.

The real challenge is to fix the country’s problems – the broken banking system and an economy sinking into serious recession. The Conservatives must ensure (1) that Mr. Brown’s “plan” (as announced before the select committee) is subjected to proper debate and challenge and (2) that they win the next election with such a thumping majority that the Labour party is put out of business for at least the next ten years.