Somehow there's little surprise in the news that the Guardian reports that:
Financiers in the City of London provided more than 50% of the funding for the Tories last year, new research revealed last night, prompting claims that the party is in thrall to the banks.
A study by the Bureau for Investigative Journalism has found that the City accounted for £11.4m of Tory funding — 50.79% of its total haul — in 2010, a general election year. This compared with £2.7m, or 25% of its funding, in 2005, when David Cameron became party leader.
The clutches of the City state extend to the state as a whole.
It is the tax haven enemy within.
Is there any surprise that the Tories are promoting the most extraordinary tax cuts for big business, and big business alone in the UK?
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Is it as low as 50%? Is this really news?
Given the kid gloves treatment the banks have received from the government, this comes as no surprise at all. Even if the policies that Richard advocates re taxing the banks aren’t followed, a great deal more money could have been extracted from them, as soome small recompense for the damage they’ve caused.
But no, they’re being allowed to get away with murder by a government that’s set to devastate other areas fo the country with it’s cuts. Given the failure of both this and the previous governemnt to punish and reform the bailed out banking system, I’m forced to the conclusion that they should have been left to go bust. That would have been short term pain for long term gain, but at least the bankers would have been in the same mess as everybody else.
Now, they’re just laughing all the way to the bank……..