Sunday, Aug 16, 2009
Why is this surprising?
Telegraph: Barclays £30 million offer sparks City pay row
The government funds billions of pounds into the banking system and yet seems perpetually surprised that people in the industry take it out as pay. The solution is to *stop giving the banks money*, but the government seem to imagine otherwise. Imagine if you were working in a company that made some widget for the car industry, and doing very badly, then to your delight and surprise some idiot starts pumping money in. What would you do? I think the obvious answer is to take it out as your own money, because you decide your wage. That we have to read this again and again and again while the government bleats makes it even more ridiculous. New Labour are so christ awful stupid they wouldn't even recognise a punch in the face.
Posted by stillthinking @ 04:19 PM (628 views) Add Comment
5 Comments
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2. crash n burn said...
... Well er, I don't know. But old Prescot certainly tries to throw a punch.
3. crash n burn said...
... Well er, I don't know. But old Prescot certainly tries to throw a punch.
4. Hiccup said...
I think you will find that its to bring the u.k. to its knee's and bring about another industrial revolution or civil war.
5. Crashwatcher said...
Isn't that close to what the Rover management did?