Are The Bankers Going to Get Away With It?

'The Bankers' have taken a pounding in the last year or so. But are they really going to take full responsibility for the state of the nation's finances?

I hope not.

It wasn't the extraordinary 'profits' made by the bankers that caused the current debt problems. It was the fact that the government taxed those profits and then spent every penny - they just racked up spending and as George put it 'didn't fix the roof while the sun was shining.'

The Labour party will inevitably try and blame the bankers but it makes absolutely no sense for Conservative politicians to allow them to avoid the blame.

Sayeeda Warsi did a great job on Questiontime last night. Having been roughed up earlier in the week by Andrew Neil, she started weakly and was on the ropes within the first few minutes. But as the Conservative Party's answer to a Female Muslim Rocky Bilbao (hmmm) she stormed back into contention and delivered some knockout blows in the last rounds.

So perhaps it's a bit churlish to point out but unfortunately the biggest clap of the night she got was when she slammed the bankers and in so doing validated Labour's claim that 'it weren't us guv it was them nasty bankers...'