So, the banking industry has finally been called to task, after the Banking Royal Commission report was released. I’d like to say I was shocked at the findings…but I wasn’t!
For a long time now we have watched them ride rough shod over their customers. Massive profits, massive salaries to CEO’s, along with obscene bonuses. And zilch customer service!
Greedy, arrogant, grasping, appalling, voracious, money grubbing, obscene, heartless, corrupt, lying, deceitful…and these are just MY words to describe them! Jail every single one of the bastard that has been involved in this obscenity!
And this is the Royal Commission that Scott Morrison and his government…forever toadies to the higher end of town…. didn’t want! They voted against it 26 times…yes…26! Karma has now put it in to their hands to start fixing. In the meantime, both they and the Labor party have continued to take donations from them! I demand, right here, that they return any money donated by these institutions! After all, a lot of it wasn’t legally or ethically earned in the first place!
When the financial institutions were deregulated in the 80s, they were allowed to self-regulate as a way of, in part, having a more competitive edge. Many of us, at the time, didn’t think that deregulation was a good idea, as it basically allowed them to do whatever they wanted. The government insisted that that wouldn’t happen! Well…it has!
We have, over the last few decades, walked ourselves into a toxic mire through deregulation, and the sale of public assets, including privatisation! It is beyond me how even the simplest thinking individual in the community could see what was going to happen…yet our consecutive governments, both State and Federal, have continued to deny it. So, they deregulate and privatise…and we pay! Dearly!
Enough is enough! There is an election looming.! It’s time to throw some panic in to not just the government, but the opposition as well! The two-party-preferred model is no longer working! It’s time for independents and minor parties to stop giving preferences to the two major parties, and tell them to start fighting their own battles! As voters, we always end up being handed the shit end of the stick! It is supposed to be government of the people, by the people, for the people! Aren’t you sick of the rich end of town always getting what they want on gold platters!
It’s time they got fucked!
Tim Alderman ©️2019.