Thursday, 5 March 2009

Thought for the day

It's not often that I'm in agreement with a speaker on Radio 4's "Thought for the Day". Today, however, the slot was filled by Dr. Mona Siddiqui from the University of Glasgow with a talk about banks and bankers

One section in particular resonated with me:
But all this anger at one man and his pension is neither right nor moral. Even if the moral pressure forces him top give away some of this wealth to a charity or a good cause, it wouldn't really change anything - once we had his redemption, we would look for another bogeyman, another avenue to vent our frustration at a crisis which many of us still can't get our head around. Sir Fred for the time being is an easy distraction from the real crisis of a downward spiralling economy.
She goes on to suggest that we (people in general - every one of us) have a moral duty of care over the economy, which I think is true. Perhaps if we have kept that in the forefront of our minds, we would be in a less drastic position now?

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