Alan's Thunks

Wednesday, August 01, 2012

Its the poor whats gets the blame

 This particular blog has been caused by a letter from the FSA. I am the treasurer of a small and successful credit union serving north-east Norwich. We try to provide a safe ethical savings environment with affordable loans for those who need the, Ketts. As such we are regulated by the FSA.

  What is the heading on the letter, I quote "2011/12 FSCS major banking failures of 2008/09 interest levy", my italics. Not that everybody is having to pay for this scandal, even ordinary people in Norwich for the failure of bankers.

  They are modern day pirates, but unlike those those in Somalia we all have to pay the ransom! The similarities with pirates extends further, they have even found nice Caribbean Islands to bury their treasure. Those at the top wonder why we hate bankers, now they know, we all pay for their piracy.

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