Listening to the way RBS is holding the government to ransom I wonder how many consumers are saying ‘told you so’. Banks are not here to help consumers they are here to make money out of you and me. 

How else can they maintain their inflated salaries, they believe they are irreplaceable and the more people talk about it the more it becomes the norm. 

I argue they are replaceable, there are plenty of young talented individuals out there looking for work and would be happy just to receive a decent wage in troublesome times and do a pretty good job. 

I also need to make this point quite clear, not all bank staff are on puffed up wages, many are hard working individuals that are probably very embarrassed by a select few of their so called colleagues.

What really irritates me is that the bank is lucky to be in existence, their business model over the past few years has been flawed which is evident in the fact that they are insolvent. 

It is arguable that RBS should have been nationalised last year. More so with the recent revelation that the Bank of England (BoE) bailed out RBS and HBOS with a secretive emergency loan of £61.6bn last autumn, apparently to prevent loss of confidence with the financial system. This is was probably the best time to go for nationalisation; we didn’t and now look at how the bank says thanks. 

If the consumer/tax payer had not rescued the banks then the board would not be in place nor would the so called high fliers have their jobs. RBS staff should be thankful they have work and a regular income which enables them to meet their monthly commitments such as mortgages, food on the table and heating bills, unlike many consumers.   

There are only so many jobs around for these bankers; once the top slots are filled they will be grateful for anything. 

Everyone is replaceable, I feel we should call the board’s bluff, kick them out and nationalise the bank, call it the ‘People’s Bank’ and start bringing back normality to those business and consumers that have been stuffed by RBS. 

We should not be rewarding failure and held to ransom by what is an insolvent bank.