One Good Cut! Cut the Benefits to Bankers Not Public Services - a new campaign launched today calling for the one cut that will benefit us all, the £130bn a year taxpayers give to the bankers. By making a few simple changes to our banking system, which has growing support from economists and academia, we can end the ability of the banking sector to wreak havoc on our public services and gain us tens of £billions extra every year. http://www.onegoodcut.org/
The current government are making some the harshest spending cuts in history. They are wrongly telling us that this is “unavoidable”. But we could make one simple spending cut that could make all others unnecessary: we can cut the benefits to bankers!
Whilst vital public services are slashed around the country, ordinary people are being asked to pay for a crisis caused by the banks. Yet at the same time, banks are one of the most heavily subsidised businesses in the world, receiving up to £130 billion of taxpayer support every year.
By taking away these privileges, we can raise enough to make the spending cuts unnecessary, and stop the banks from blowing up the economy again. The changes we need to make are surprisingly simple, but if we don’t fight for it, the banks will continue to run off with more and more of our tax money every single year while our public services and our economy crumble around us.
You tube video http://www.youtube.com/watch?v=Y-LjL2yyVZo&