have a go at their guest, Mervyn King.
The TUC see him as representing the Bankers and the City and therefore, with willful ignorance, hold him responsible for the recession. Mr. King for his part seems to wants to take his punishment by turning up - perhaps from his Ivory tower he thinks he can subdue the masses. Or more likely, Mr Osborne has told him that if the Bank of England is to become a super-regulator with all power to him, then a few small favours such as this must come out.
The funny thing is, the Unions are right about Mr King, just for the wrong reasons. The Bank of England was too slow to raise rates in the boom years, fatally slow to drop them as the economy car crashed after Northern Wreck (they had a year to drop rates and did next to nothing) and then now are sat with failed models predicting decreasing inflation which is remaining stubbornly above target. The Bank of England have nothing to crow about in their response to the crisis, it has been very poor.
see notes of the MPC meetings for the whole of this year, rabbit-in-the-headlights-paralysis). And the Unions, railing against reality - the coverage of the absurdities of public sector pay are laid bare across the media today.
With such a lack of quality amongst these kinds of leaders in the Country, we are in for a bumpy ride.