Remove the economic levers from politicians.

Well done Goldman Sacks of lovely cash-theyre doing so well after the collapse of Lehmann Bros. their staff will collect £14 billion in pay and bonuses this year.The new head of R.B.S ( £24 billion taxpayer loan)Stephen Hester is to receive £10 million for "turning around" the bank.This is a demanding job says the balding banker.Already some bankers are making off noises about taxes on bonuses-their arrogance is laughable.
What safeguards are in place to protect the taxpayer in the future?When the next boom comes will the next Conservative government( ?) raise taxes to stop property prices from rocketing?Will they take back the right to increase/decrease interest rates?The problem with these politicians is they need the vote and can you see them increasing taxes or asking the BoE to increase interest rates coming up to an election-thought not.It would be electoral sucide.The best way would be for all economic activity to be taken away from governments and given to non-political intellectuals who dont have an axe to grind.
Already I have noticed a marked reluctance of this Labour government to deal with the recklessness of the banks-such as the bonus culture and the 100% mortgages.Is the government on call to the banks or is it the reverse,and can we expect more pandering from the Conservatives-their natural allies?Is Mr Osbournes attack on the bonus culture to be taken seriously or merely a populist ploy to embarass New Labour?It certainly didnt go down too well at the Conservative conference so his attack on the bonus culture must be treated with suspicion.