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Let the law deal with the spivs fixing lending rates

Politicians are, by nature, meddlesome, so it is not surprising that, in the face of any alarming news, their first instinct is generally to declare that "something must be done".

They're not alone in this impulse. They share it with the majority of the population. The problem is that politicians seldom do what ought to be done, but insist upon doing something new. This, they hope, will justify their existence.

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