Hightower: Obscenely Rich Bankers Claim to Do God's Work -- They Can Go to Hell
By Jim Hightower,
AlterNet. Posted November 18, 2009.
Top executives were initially hurt by the public's moral outrage. But their sense of entitlement quickly kicked in, and now they claim they're the good guys."Repent," the preacher cried out, startling those who heard him.
This was no street evangelist ranting at the passing crowd, but the archbishop of Canterbury, head of the Church of England. His sharp admonition was pointed directly at a particular set of sinners, who undoubtedly had never given any thought to the morality of their actions: the barons of global banking.
As in our country, people in Europe are enraged at those hustlers of high finance who wrecked the world's economies, then flexed their political muscle to get governments to replenish their bankrupt vaults. Infuriatingly, these bailed-out bankers have now returned to business as usual, including grabbing monstrous bonus payments for themselves.
In Europe, such greed is not only being assailed politically, but it is also being cast as a matter of fundamental moral failure. As another of Britain's leading clergymen put it, "There is a general feeling that the level of bonuses we've seen have been obscene."
While top executives of Barclays, Deutsche Bank, Goldman Sachs and other big investment houses were initially puzzled and hurt by the public's moral outrage, their audacious sense of personal worth and entitlement quickly kicked back in. So Europeans are now witnessing the spectacle of bankers draping themselves in radiant robes of ethical purity. .........(more)
The complete piece is at:
http://www.alternet.org/story/144026/hightower%3A_obscenely_rich_bankers_claim_to_do_god%27s_work_--_they_can_go_to_hell