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Thanks Barry. More than the actual mechanics of how our banking system works - and I'm grateful for your info on that - what really hacked me off was that so many blind eyes were turned to what proved extremely shady practices, all under the perceived umbrella of money making for the nation's good. For starters, let us not kid ourselves that the banks weren't acting entirely out of greedy self-interest - this pretence that the banks earn a fortune for the country out of the goodness of their hearts is just plain nonsense.
And, from what I can see, nobody has been held to book for all this. The banks continue on their merry way and the directors pay themselves whopping bonuses without giving a shit as to the mess their greed landed us in. I understand and accept that the banking crisis is only a contributory factor to the national debt crisis, but I'm deeply angered by overt capitalist greed that is so damnably selfish. Most of the country cannot make ends meet whilst the remainder earn a fortune from bankrupting the country. Truly, I'm outraged by the injustice of it all and the system that allows it to happen. All in the name of banking!
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