The Labour party return to the "politics of envy" and misdirection of blame

The news that Alistair Darling is to introduce state control of bankers' bonuses via the Financial Services Bill due to be introduced soon leaves me unsurprised. Gordon Brown, Alistair Darling and the BBC have run a very successful campaign to lay as much blame as possible for the economic crisis on bankers and thus reduce the blame that should rightfully accrue to Gordon Brown. This new bill is merely the latest act in this misdirection and unless the Conservatives start telling the truth about where the blame lies rather than jumping on the blame the bankers bandwagon then much of the power of The City will disappear elsewhere.