Monday 31 October 2011

31st October 2011

The LSX campaign still grabs the headlines and everyone is at it.

The idea of camping out in central London in around St Paul's Cathedral in order to make your views about the mess that the financial services industry has got us into is a pretty good one.

I am sure that if there had been a Stock exchange in Bradford and there had been a similar camp, on the whole the Chapter would have welcomed the campers, although I have to admit they never really liked the modern sculpture I installed.

But what is interesting is how the real focus of attention has been the Cathedral itself.

The Dean and Chapter seem to have made a hash of both their response and the PR campaign that followed it.

Closing the Cathedral was plain silly and the queue of pompous prelates lining up to have their two penn'orth was embarrassing really.

It's not as though the protesters don't have a point.

From Madrid's 'indignados' through the 'Wall Street' protesters, an international network of peaceful protest is drawing attention to the fact that financial services and bankers have been getting away with blue murder, pocketing thousands of Euros, Dollars and Pounds in Bonuses whilst unemployment has risen dramatically as Government's have tried to cut their way out of recession. In particular unemployment amongst young people has become a scandal which should embarrass all of us.

Things are simply out of kilter.

The Euro is valued now at almost a Pound Sterling, the exchange rate is around £1 20, but if you go into a store to buy something in a Eurozone country that has an equivalent value in the UK the original calculation, divide by three and multipy by two still applies, in other words in reality the Euro is still, in terms of its purchasing power, worth 66 pence Sterling which was its opening value when it was introduced.

So who is pocketing the difference?

Whilst politicians and church leaders flounder around becoming increasingly angry with the protesters and each other, recently reported exchanges between the Italian and German leaders and President Sarkosy and David Cameron, were more reminiscent of the Kindergarten than mature political debate, the protesters coninue to ask perfectly proper questions in a language that is tolerant and inclusive.

When I was at theological college, and I wasn't a Greek Scholar, so I might be making this up and Google hasn't been able to help, but I am sure that I was told or read, that in St John's Gospel the actual translation of the word dwelt, as in, God dwelt amongst us, was tented.

Worth a thought if you are the Bishop of London or the Dean of St Paul's .......

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