Labour MP for Erith & Thamesmead

Teresa Pearce MP


Mr Foot

Posted on March 04, 2010 by Teresa Pearce
Mr Foot still canvassing in his 80s

Mr Foot still canvassing in his 80s

 

I was at a breakfast meeting in The City last week discussing the Banking Crisis and when stiffer regulation was mentioned the usual  cry of  ” oh we cant discourage top people or they will leave” went up.  I believe that is a mainly empty threat.  Of course if business was made impossible  then business would relocate.  But in recent years when business has been given a pretty free hand they have still restructured for tax purposes to put offices and contracts offshore so it seems the back scratching only goes one way.  People who want to make money will stay where money is made and money is made in London.

So it pleased me to read this quote from Mr Foot who died yesterday.

Quote from Mr Foot “We are not here in this world to find elegant solutions, pregnant with initiative, or to serve the ways and modes of profitable progress. No, we are here to provide for all those who are weaker and hungrier, more battered and crippled than ourselves. That is our only certain good and great purpose on earth, and if you ask me about those insoluble economic problems that may arise if the top is deprived of their initiative, I would answer ‘To hell with them.’ The top is greedy and mean and will always find a way to take care of themselves. They always do.”

 

Well said and true. Rest easy Mr Foot.

1 to “Mr Foot”

  1. Interesting and very good stuff. Maintain it coming. I am often interested inside the story






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