Ah, some sense from someone....

[johnny9fingers]

Yesterday that class-traitor Mervyn King addressed the TUC:

www.guardian.co.uk/business/2010/sep/15/spending-cuts-mervyn-king-tuc 

But as he admits, though the current mess is the fault of the Banks, the Legislators, and those whose duty was the oversight of policy, it is the state sector that will have to pay for all this by being cut to the bone.

So there are at least two of us that think it wasn't the public sector's fault: but why do I still feel that opinion is, for the educated upper-middle class, a minority one?

Sometimes I feel some folk today have a stupid sense of entitlement similar to the Aristos of yore, but without the sense of duty that meant those Aristos weren't totally without some redeeming qualities. The bourgeois middle classes never really got noblesse oblige.

Comments

[pastorlenny.livejournal.com]

I'm not sure why we didn't simply nationalize Moody's and Standard & Poor's. If the government can grade eggs and armies, it should bloody well be able to grade financial instruments.