Now that the “technical glitch nothing to worry about” Espirito Santo bank in Portugal is (along with its group owner) filing for “creditor protection” we would all do well to remember that in 2014 that’s us, you and I. They want protection from, not for. Big difference.
It’s supplicant plea for protection from we nasty folks who deliberately brought ES down by entrusting our money to them at 0% interest was of course accepted by a court in Luxembourg, the offshore tax evasion centre masquerading as an EU nation….from which emerged the newly unelected EU President, unser geliebte Betrunken, Jean-Claude Juncker.
I could go on for hours writing in this sarcastically ironic tone, but it would become tedious….and yet still impossible to do justice to the brass neck involved in every aspect of the contemporary EU and its banking system. As the family owners of the group face prosecutor investigations, one is left wondering why investigators worldwide seem only able to, er, investigate, as such, after there is a certainty that We The Accused will be paying for the crimes and misdemeanours of others.
I wonder where London’s Mayor Johnson is today, and what he’s up to. He keeps on telling us to stop knocking bankers (or Newscorp, or Tim Yeo) but then they keep on demonstrating why they deserve to be not so much knocked as locked up.
Related from earlier today at The Slog: How the taxpayer-owned RBS became a byword for fraud
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