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3 months after attacking Tories for scrapping bankers’ bonus cap, Reeves says Labour won’t put it back

Published by Anonymous (not verified) on Thu, 01/02/2024 - 10:41am in

‘It tells you everything you need to know’

On 31 October last year, Shadow Chancellor Rachel Reeves – the awful Keir Starmer’s equally awful right-hand woman – derided the Tories for scrapping the cap on bankers’ obscene bonuses in the middle of the cost of living ‘crisis’, which is in reality an engineered emergency fattening corporate profits at the expense of putting millions into hardship and often outright poverty.

Today, three months to the day later, she has announced that Labour will not restore the cap, because she considers the predatory capital machine of the City of London to be a solution to the UK’s problems and not a key driver of them – and has seemingly forgotten how Blair and Brown’s support for wild banking led to the 2008 financial crash. To quote Reeves’s own words back at her, ‘It tells you everything you need to know’.

Three months. On the one hand, it’s a pathetically short time to hold a policy – and on the other it’s a lot longer than Starmer’s hollowed-out corpse of the Labour party has held onto most other positions, except those involving support for apartheid and genocide, privatising and destroying the NHS, sucking up to the US, putting the police and army beyond justice and accountability and promising to do the same as the Tories only faster.

Labour is dead and there is no depth to which the ghouls animating its corpse will not stoop.

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