COMMENT: Fred Goodwin loses knighthood and 2 RBS bosses turn down bonuses. So what?

Tabloid politics has its victory. In fact, it has had two in a matter of days.

Firstly, the boss of RBS, and one of his underlings, were forced to turn down bonuses and, second, Fred Goodwin has been stripped of his knighthood.

The tabloids can't claim sole responsibility for these great victories; they were aided and abetted by sound bite politicians who saw that the bankers were damaged antelope on the Serengeti plain, an easy target for the lions of Westminster.

It's all such a nonsense. It's tokenistic politics lead by tawdry journalists with little or no grasp of the bigger picture.

Why do I say that?

Because, while a bonus isnt paid out or a bauble is taken back, this does nothing to change the mechanisms, systems and culture of banking - institutions that, recent events have shown, control more governments than elected officials.

Two senior executives turn down bonuses totalling less than £2m. These bonuses were in the form of shares and required the bank's value to increase before they kicked in. Whoops! And saving £2m is less than a drop in the ocean when you remember the banks were bailed out to the tune of £70+ BILLION!

As for Fred Goodwin's knighthood... do what?! I'm sure he doesn't give a flying fig whether he has a silly title given to him by discredited politicians and a parasitical monarch who costs the nation more than £200m per year (on a normsl year, liads more on a jubilee year) with very little return (and yet gets her close family to say the nation should buy her a new £70m yacht as a pressie for having shaken hands so well).

Politicians need to do something to change the banking system and withholding bonuses and taking back baubles does nothing to achieve this.

Politicians need to take back control of economies and actually run their countries for the benefit of the people.

Cameron and Miliband (and probably Clegg, though nobody cares what he says any more) will celebrate and bask in the glory that the tabloids will bestow on them but anyone with a brain will see through the veil of spin and realise that they have achieved absolutely nothing.

Cameron, Miliband and the tabloids are like Oceania in 1984 - celebrating victories for which there is no evidence. They tilt at windmills but fail to address the real issues.

It's time for politicians to do something about the banking system - it needs a root and branch review and overhaul - and no amount of victories over pantomime villains will do anything to improve the world.

Sadly, too many see bankers as evil. They are not evil, but the system that they, and politicians, work in is corrupted beyond repair. A new system, with new purpose, a social awareness and conscience is needed.

Cameron may as well give the RBS execs their bonuses, and give Fred Goodwin his title back. These will make no difference to the all-pervading culture of greed and self in which the banks have been allowed to operate.

Any politician who suggests this week's events will make a difference are lying to the public and deserve to lose their seat.

People need to stop being fooled by superficial politicians, and manipulative newspapers trying to push the blame onto another sector of the establishment. Sadly, when the history of the last 20 years are written it may well be called the age of tokenism.