Comments on: ‘We are all to blame for financial crisis’ – archbishop http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/ Insights from the UK and beyond Thu, 17 Nov 2016 21:18:42 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: debt services http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-10356 Sun, 16 Aug 2009 19:44:32 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-10356 With this method of debt relief, the debtor will no longer have to answer embarrassing phone calls from his creditors. The debtor will not receive any bills or pay the creditors directly. The debt consolidation program will directly take control over the creditors. The debtor will just need to pay the debt consolidation company a single amount every month according to the budget which was agreed upon with the debtors. So there is no need for any interaction with the creditors.

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By: Oliver Chettle http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-7672 Mon, 16 Feb 2009 02:37:57 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-7672 It is insufferably arrogant and insulting for the Archbishop to presume to know that I am to blame. I am not religious, but I did not and do not “worship at the altar of money”. Nor did I take on one penny of debt during the boom. The Archbishop may bare a share of responsibility – he purports to be a leader of society, but he failed to spot this crisis coming – but I do not.

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By: trish lindsay http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-7656 Sat, 14 Feb 2009 22:15:48 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-7656 “It is difficult to know whether to sympathise more with those who have lost their jobs or those who are left carrying even greater loads with higher targets and fewer colleagues,”

How can anyone have any difficulty with this?? At least those still in work are still able to pay the mortgage, buy food etc… the answer should be obvious, bishop!

As for losing your job being “an opportunity to reconsider what they really want out of life”, this is surely a luxury reserved only for those fortunate enough to have received a decent redundancy cheque.

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By: Matthew Wilde http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-7653 Sat, 14 Feb 2009 21:11:09 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-7653 Whilst the Archbishop of York may have made too sweeping a judgement, he does seem to have diagnosed the basic problem. Too many people have been borrowing money they are unable and/or unwilling to pay back; and too many financial institutions have been willing to accommodate this irresponsibility. The huge credit card industry and personal debt mountain already starkly illustrated this problem. Now UK banks have irresponsibly invested in American banks that irresponsibly provided mortgages people couldn’t really afford to take on. This is greed and recklessness on a massive scale. Ironically, the financial institutions who could hardly wait to lend will now not lend to anyone! Archbishop Sentamu is one of the few people to speak out fully against this fiscal madness. Whether anyone will really listen and change their ways is another question.

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By: Ben http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-7639 Fri, 13 Feb 2009 23:22:15 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-7639 For once, I think the Church has actually produced something worth a lot of merit. Short of actually finding a solution, pointing to the fault and trying to amend it is the best course of action. People like Andy and jd, I don’t dispute that you’ve worked hard for your earnings and status, but to blame the government – the government that is democratically elected, the government that represents the will of the people, the government that potentially would have been different were the nation to actually care about elections – is wrong. Criticism is all well and good, but it gets us absolutely nowhere; besides which the Church does not live off ‘the fat of the land’ and serves the purpose of guidance, and regardless of your beliefs they are wise enough members of society to be listened to and not disregarded simply because they are Christian. This is a World situation in which we need to pay attention to the others around us and actually do something to help each other; the self-serving nature of capitalism is where society has gone wrong.

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By: jd http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-7625 Fri, 13 Feb 2009 16:50:11 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-7625 blaming everyone rather than those truly at fault is cheap and false piety. like andy, i have worked hard, avoided consipcuous and needless consumption, invested prudently, and do not think my governement or neighbour owes me anything. the thanks i get is increased taxation and an economy in shambles because spendthrifts and entitled demanders would not rein-in their appetites for mammon. what a great lesson for our subsequent generations: be thrifty and prudent but, if you won’t be, just vote yourself your neighbours’ wealth

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By: Matthew http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-7616 Fri, 13 Feb 2009 14:54:13 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-7616 They’ve got it completely wrong, but given all the other nonsense they believe in, I suppose that’s not at all surprising, and it has to be said that they’re probably no wider of the mark than our esteemed government.

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By: Andy http://blogs.reuters.com/uknews/2009/02/12/we-are-all-to-blame-for-financial-crisis-archbishop/comment-page-1/#comment-7590 Fri, 13 Feb 2009 08:19:16 +0000 http://blogs.reuters.com/uknews/?p=1793#comment-7590 The bishops should keep the self-flagellation for themselves. I deeply resent these types of all-embracing “we are all to blame” comments from those who live off the fat of the land and produce nothing.

I work damned hard for my money; have always been prudent in how I spent it; have never been out of work for more than a couple of weeks because I was willing to take whatever job was available until I could find something better, and have never sponged off the state or anyone else. It was not people like me who caused the recession, but it is people like me who will get the country out of it in due course, despite the best efforts of politicians and other self-serving elements to drive the country deeper into debt while lining their own pockets.

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