The New Economics Foundation are calling on the government to tame the Giant Vampire Squid that the banking sector has become. The following video explains all and you can see the campaign here.
By the way…
The ‘giant vampire squid’ was originally used in Rolling Stone when referring to Goldman Sachs:
“The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” (Full article)
If only the author knew that the situation was much worse, that the banking sector has a monopoly on the creation of money and redistributes up to £100bn of wealth upwards and inwards every year.