Ancient Roman and Christian theologian, St Augustine (354-430 AD) said , “In the absence of justice, what is sovereignty but organized crime?” and six hundred years later, not only does sovereignty continue to prove a lucrative pastime but twenty-first century organised crime is now being run by an elitist and untouchable group of bankers. This absence of justice has been the product of auditors who have endorsed rather than audit, governments who have promoted greed over governance and financial regulators who have condoned criminal behaviour rather than condemned it.Knowing this only serves to make it nothing less than incendiary to discover 80% taxpayer owned Royal Bank of Scotland plans to pay (despite a 43% decrease in its share values resulting a loss of 11 billion pounds from it's market value and the culling of five thousand RBS jobs) 4.5 million pounds to its executives in contractual bonuses over the coming weeks and, with a waive of the auditory magic wand, the banking deities have been permitted to ride roughshod over fairplay and decency in order to harvest their legitimised, but nevertheless morally obscene, rewards for failure.
Unlike those who have failed us, my own efforts have been rewarded with not so much as a listening ear let alone any understanding. Instead financial hardship for my family continues and yet another response from the Financial Ombudsman’s adjudicator, this time in answer to my complaint against Lloyds, proves those who police and regulate the banksters have little interest in fairplay or justice. Once again, and in the same tone as her FOS colleague who investigated my HBOS complaint, I have been informed there is no merit in taking Lloyds to task over such minor issues as their,
- Fabrication of my consent to make a payment arrangement,
- Refusal to supply documentary evidence of this alleged payment arrangement
- Constant harassment of me for reneging on their fictitious agreement.
- Failure to reply any of my letters with a meaningfully explanation
David Cameron regularly speaks of responsible capitalism but rewarding the bankers for their failures while ignoring the dire circumstances of their victims is nothing short of elitist capitalism and this falls a very long way short of responsible. In the words of Woodrow Wilson, “the government, which was designed for the people, has got into the hands of the bosses, their employers and their special interests. An invisible empire has been set up above the forms of democracy” and if this is indeed the case, the victims of these untouchable banksters will need a New Year’s bonus of resolve and stamina because a fairer future is clearly going involve a fight.Here's hoping 2012 is the year in which we will finally be heard.