Much is made of the hardships suffered by bankers and investors in the recent economic downturn, but the real sufferers are of course the working class. "But the real victims of the financial collapse in the US state of Alabama's most populous county are its poorest residents - forced to bathe in bottled water and use portable toilets after being cut off from the mains supply. And there is widespread anger in Jefferson County that swingeing sewerage rate hikes could have been avoided but for the greed, corruption and incompetence of local politicians." (BBC News, 14 December) Some investors may have had to cut back on their consumption of champagne but they still have plenty of water to drink and can still go to the john! RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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