A phrase...

As Heath raised the question 'Who governs Britain?', the people's response came: 'Not you, mate!'

So went the battle between Heath and the unions in the early 1970s.

Who runs Britain now - the Government or the financial sector? It's kinda ironic that after the government bailed out the banks (putting private sector debt on the public books), the banks are now repaying the favour (along with credit rating agencies) by giving several European countries a good kicking in.

In his farewell address, President Eisenhower warned about the 'military-industrial complex'.

As former Clinton advisor James Carville once remarked, 'I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.'

But nobody writes about the consultants-financiers complex. That's a shame.