Saturday, February 19, 2011

Bankers quake with fear...

... according to the FT, which runs the terrifying headline '"Banker bashing"' returns as activists focus on Barclays'.

It seems that after making billions of pounds in profit, avoiding billions in tax, while drawing on the largesse of the Bank of England, as well as playing a big part in the free-for-all that led to the near-collapse of the British and global economies, Barclays is being targeted by a brutal campaign of protest. UK Uncut are going to take some books into a London branch of Barclays, and turn it into a pretend library, to highlight the mismatch between the banks enormous barely taxed profits, and the swingeing cuts of public services resulting from the financial crisis.

The FT is a great rag, but I can't help thinking that 'ordinary citizens' peaceful expressions of disapproval of banks' outrageous behaviour' would be a more appropriate description than 'banker bashing'...