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My opinion is that it wuz the bankers who got the banks (a significant part of them) into bankruptcy, and the New Labour government of T. Blair that got the Treasury into the appalling mess that it's in.
If the bankers were so great as some paint them out to be, then they should have avoided the situation that led to the 2008 banking crises, rather than taking advantage of Labour's change of banking regulations.
Of-course, Howard - and Vince Cable - are right in noting that just about no normal person has any time for feeling sorry for bankers whose bonuses are contested.
I guess the most immediate best thing that can happen is that Labour do not get back in again.
I am not sure if the last Labour 13 year government actually understood the meaning of creating and having State debits and if they ever figured out who would pay the debt back. 900 billion pounds is an awful figure, and it just kept increasing!
I know that I have to be careful what I write here, but I am not sure what T. Blair has been doing since he left the PM office, going about advising other governments with lots of cash at their disposal. Seems he earned 20 million pounds in a few years, but advising on what!
Changing the subject, and going back to the thread's topic, it would not be advisable to sell assets left right and centre to get in money to pay off the State's debts, as the earnings these assets gain would go to the over-seas investors on the long run.
