The FT has two stories telling a tale of importance this morning.<\/p>\n
Chris Huhne wants the Green Investment Bank for<\/a> the UK to be a real bank. The Treasury oppose it - tooth and nail.<\/p>\n The Treasury hope to privatise Royal Bank of Scotland n<\/a>ext year despite its dismal record of support to the UK economy.<\/p>\n What does this say?Simply this: that the Treasury is only worried about bankers.<\/p>\n I remember a conversation I had with a very senior person in H M Revenue & Customs in late 2008. She reflected a Treasury and not HMRC background. She said:<\/p>\n \"We have to restore Anglo-Saxon Capitalism. It's all we've got.\"<\/p>\n<\/blockquote>\n That's the poverty of thinking in the Treasury summarise in one line.<\/p>\n And that's hy bankers' are getting their way.<\/p>\n It's time they opened their eyes, very wide. Because this is not sustainable. It's shocking that Gordon Osborne has no Plan B.<\/a> It's worse that the Treasury hasn't either. But that's the reality.<\/p>\n And that's what has to be challenged.<\/p>\n","protected":false},"excerpt":{"rendered":"\n