The Royal Bank of Scotland was bailed out to the tune of $45 billion – in return, the managers systematically ripped off their own customers and undermined the British economy. After hearing countless accounts in the House of Commons last week about how business owners were deliberately and systematically bankrupted and then left to, by its own words, “hang themselves”, the government announced its intention to do… well, nothing.
Yesterday’s Parliamentary debate into RBS’ long-running scheme to bankrupt hundreds of business owners via its Global Restructuring Group was postponed after an “emergency debate” was called on the humanitarian crisis in Yemen. Sure, it’s selling arms to Saudi Arabia which is using those arms to murder, oppress and starve the Yemeni people, but there’s one surefire way to get the British Government to take foreign diplomacy seriously: threaten them with a banking inquiry.
From the colonial-imperial wars of the early 19th century through to the 1950s in Syria and the early 1980s in Afghanistan and beyond, the objectives of the Western powers has always been the same – the drive for profits. In which we critique the role both the Right and the Left in Britain have, and are, playing in the propaganda process. Has there ever been an ethical dimension in relation to UK foreign policy in Syria and elsewhere?