"There is a crack in everything, that's how the light gets in"
(Leonard Cohen)
"Ignore all proffered rules and create your own, suitable for what you want to say"
(Michael Moorcock)
"Look for your own. Do not do what someone else could do as well as you. Do not say, do not write what someone else could say, could write as well as you. Care for nothing in yourself but what you feel exists nowhere else. And, out of yourself create, impatiently or patiently, the most irreplaceable of beings."
(Andre Gide)

"I want my place, my own place, my true place in the world, my proper sphere, my thing which Nature intended me to perform when she fashioned me thus awry, and which I have vainly sought all my life-time."
(Nathaniel Hawthorne)
“A book must be the axe for the frozen sea within us.”
(Franz Kafka)
"All mankind is of one author, and is one volume; when one man dies, one chapter is not torn out of the book, but translated into a better language; and every chapter must be so translated"
(John Donne)
“Never attribute to malice that which is adequately explained by stupidity.”
(Robert J. Hanlon)
"Life is beautiful, but the world is hell"
(Harold Pinter)

Friday, September 16, 2011

Tinkering At The Edges

EXTRACT: Communists tend to agree, for once, with Brendan Barber - the general secretary of the Trade Union Congress - who thought that the report was “merely tinkering around the edges”. We also think that David Fleming, Unite’s national officer, was right to be singularly unimpressed by the report - believing it effectively “kicks the overdue reform of the banking sector into the long grass” and that the ICB’s ring-fence/firewall “will not in any material way impact on the behaviour or culture at the top of the banks, where this crisis was born”.
More bluntly, the ICB’s reform proposals are pie in the sky. The world will not stand idly by until 2019 while the UK in glorious isolation gets its banking act together - we are in crisis now. Fear and panic is spreading throughout the euro zone, not dissipating, and will have near immediate and massive repercussions for the UK’s banking/financial sector.
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Posted by at 10:49 am

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