THE LAST DITCH
Barclays' Middle Eastern fundraising under fire | Business | guardian.co.uk.
Vince Cable has inadvertently revealed just how little the Liberal Democrats are entitled to the first part of their name. Barclays has managed to stay independent. It has not resorted to taxpayers' money. Its shares have risen 10% on the news. And Comrade Cable thinks that's a bad thing.
The LD’s would have been a sight more honest if they stayed as the SDP after the inverse take over of the Liberal Party
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Barclays actually closed nearly 16% down, having been over 25% down shortly after the news was announced. The board seems to have taken on a very expensive “rescue package” in order to maintain the company’s “financial independence” – or, the cynic in me reckons, allow them to continue paying themselves stupendous amounts of dosh whilst shafting their ordinary shareholders.
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Tom is a retired international lawyer. He was a partner in a City of London law firm and spent almost twenty years abroad serving clients from all over the world.
Returning to London on retirement in 2011, he was dismayed to discover how much liberty had been lost in the UK while he was away.
He’s a classical liberal (libertarian, if you must) who, like his illustrious namesake, considers that
“…government even in its best state is but a necessary evil; in its worst state an intolerable one.”
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The Last Ditch by Tom Paine 
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