Harriet, you are wrong.

http://www.labour.org.uk/olympics-are-fantastically-important-for-london-and-country,2012-02-29

No Harriet, you are wrong. The Olympics are important only to business interests, corporate hospitality industry and the media.The largest part of the people in this country will only see the extravaganza, the excesses and waste. They will see the costs, rising everyday, being funded from government coffers while more cuts in services, pensions, salaries and jobs are imposed, as the  "Because We can't afford it" argument is trotted out of Whitehall. At the same time, rising prices will rise even faster as real incomes fall. We, the British people will be paying for this Olympic madness for years as every other host nation has found to their long term costs.

A Dangerous development

A dangerous situation is developing in the Capitals of Europe, as un elected “Technocrats” are appointed to form governments of other un elected individuals with the objective of managing the Eurozone financial crisis. This solution originated in Athens following pressure from Berlin and Paris and now, with the demise of Berlusconi, has reached Rome. As the speculators of “The Markets” move against other countries in the Eurozone, how long will it be before Paris, Madrid, Dublin and the other vulnerable members of the Euroclub are forced to appoint these un accountable mandarins to form un elected Governments? The problem with this solution, which strangely enough, is praised and accepted by the “Markets” is that the new Governments are accountable to no one. Elected politicians, whether one agrees with their political position or not, are accountable to the people of the country who do have an influence on who governs them. The “technocrats” on the other hand are accountable to no one and have as their first allegiance, the maintenance and growth of the financial institutions, business and status quo of the market/speculator system who caused this crisis in the first place. There is another, even more sinister aspect to these new “Governments” and those still to be established. How do the people of any given country change the make up of their Government? Is there any means of removing the “Technocrats”, in the event that they determine that the “National Interest” is best served by extending their term of tenure as the “circumstances are not yet right” to hold elections and return to normal political activity. It is not only the reins of economic power that they hold. By definition, as the Government, they are able to carry out all those acts normally in the domain of politicians, but without any checks and balances which, by and large, maintain the democratic structure of a nation.The un elected technocratic clique, can and may, quite easily turn into the appointed dictatorship perpetuating its life for its own and its vested interests at the expense of the people and country it was supposed to rescue. We have seen it all before. The 21st Century could become a fulfilment of the old quotation, “Those who do not learn the lessons of history, are condemned to relive it.”

Empty rhetoric

More empty rhetoric from Cable, the co conspiratorial hypocrite along with Clegg, Alexander and the others. Does this naive moron really believe that Osborne and Cameron will allow integrity to overcome bias? This latest ConDem hobby horse is only for public consumption and represents no threat to the cosy existance of the "City".
No one, Darling, Brown, Osborne, Cameron, Clegg et al has or had the political wiil or the personal inclination to take on their friends in the Banking and Finance sectors.
They cause the crisis and reap vast financial and influential benifits. The people of this Country pay the price.

http://www.independent.co.uk/news/uk/politics/banks-face-warning-over-secrecy-of-lavish-bonuses-2164834.html