Sammas said:
I frankly think you will do yourselves a world of good by kicking out the bankers involved in the global financial crisis, not the immigrants.
As if it were a coincidence, today four ex-bankers (Barclays) have been sentenced to six (four and two) years of imprisionment for fraud in what got known as the Libor scandal (prior to the 08/09 crash; price adjustment of interbank rate by 0.01% led to a net of several millions being skimmed of per day). A guy called Tom Hayes (UBS & Citi Group) was even sentenced to 14 years a bit back. Moreover, several banks (i.e. HSBC, JP Morgan, Deutsche Bank, Citibank, Royal Bank of Scotland, ICAP) involved in the manipulation had to pay massive fines of several billions of dollars each.----If you asked me, prisions terms are way too short and fines way to low. It's all a joke, I know.
However, an organisation like the EU Commission can and did create pressure. I'm not saying it was the sole reason this scandal has led to clean-ups, cos the US also had a huge interest. However, I'd think that regulating banks and the financial system is easier when countries work together. Yes, in general, the EU is very slow in cleaning up the mess from 2008/2009, well, any mess for that matter. But the UK, in which neo-liberal market principles are rated very high, has been known to impede several suggestions by the EU to regulate banks and the financial market. In this respect, the United States of A have been much faster and more rigorous. Of course, the entire financial system is far from ideal, cos there are still way too many loopholes for fraud, but I see some progress being made.
My point is that all this does not make for 'sexy' topics -- not in the media, not in politics, and not in campaigns. Well, it's not as 'sexy' as 'immigrants' for instance and sure more complicated than a three digit number being thrown around. But I'm digressing.
The real irony here is that politicians of the calibre like Farage (I'm pretty sure we'll hear of him again!) and Mr. Gove easily qualify as neo-liberal. Look into any European right-leaning political party manifesto (including some conservatives) and you'll spot the words 'immigration issue' used just a few pages apart from 'neo-liberal' whatever. It's a known combination though: Liberal Nationalism or National Liberalism? What we see right now is a counter-reaction to globalization (immigration for that matter) but an upholding of market freedom.
I really hope for Britain that this kind of neo-liberalism doesn't turn inward now, not only accellerating the watering down of government but, more importantly, aggravating the employment situation even further. Big corporations and banks act globally anyway and are known to not care for borders much. They will dictate their deals. While big players that act only locally too will most probably win, as they can now shut the door for competitors and dictate prices as they please.
I'm sorry if I contribute to the doom and gloom aspect of this thread by posting this. I really hope that I'm wrong in what I see.