tag:blogger.com,1999:blog-14306519.post3714511294672701708..comments2023-07-15T11:16:18.809+01:00Comments on giroscope: Some thoughts on the TUC's "Beyond Crisis" conferenceT.N.T.http://www.blogger.com/profile/13994761000416067940noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14306519.post-61792351999824211112009-11-21T18:20:11.211+00:002009-11-21T18:20:11.211+00:00I think I would have to agree that the reintroduct...I think I would have to agree that the reintroduction of something along the lines of the Glass/Steagall act has to be at the top of the priority list for any administration, be they UKIP, Cameronite or New Labour.<br /><br />Im not sure anyone in the Financial Sector really understands the level of anger tht is likely to ensue if bonuses are paid, especially to those in partly nationalised undertakings. I recll John Kay well from the Telegrphs of the late 1980´s and early 1990´s. His analysis, although slightly leftist for my tastes is quite compelling. The only problem with you hypothesis is tht I don´t think the left has yet shown a credible policy response which doesn´t involve propping up extraneous public expenditure or raising taxes which would argubly be an even greater risk. Indeed is not the very notion of a coherent response from people in hock to either Beijing or Pyongyang slightly oxymoronic?Anonymousnoreply@blogger.com