Friday, Oct 30, 2009
Vince's still small voice
Guardian: We rage at bankers, and the state-backed casino rolls on
Amongst the slavering of the house-price-rise-forever orcs, Vince offers his wise counsel.
Posted by letthemfall @ 10:48 AM (589 views) Add Comment
5 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. drewster said...
"any bonus paid in shares will attract much lower tax rates on any rise in share price (given current depressed prices, it's a one-way bet)"
Did Vince Cable just give a stock tip to Guardian readers?
2. mark wadsworth said...
Yet more Home-Owner-Ist DoubleThink.
"While bankers were doing their grubby work and pumping up UK property values by hundreds of billions a year, we turned a blind eye to their £5 billion-plus total bonuses every year. But now those evil bankers aren't fulfilling their side of the bargain, house prices aren't going up nearly so fast but they are still taking bonuses."
I suppose they should make bankers' bonuses dependent on the amount by which UK property values increase, to align interests of bankers and Home-Owner-Ists, at least that would be honest.
3. crunchy said...
Now that the drones are working for the banks for free, they are getting upset at the boss man taking what ever lands on the honey table.
What they are starting to realise now is that the boss is now going to dip into to their undeserved honey pots. The mirage of growing house
values is starting to fade. Show my the honey Mummy. NO.
4. mander said...
Vince Cable is the only lucid politician. Sad that he is not in Osborne place right now. Or maybe Osborne can get some advice from him.
5. alan said...
"The public currently sees bankers and their bonuses through a red mist".
We watch TV and the news announcer tells us the situation. The announcer defers to an "expert". We trust the announcer and the views offered. But we only get what the announcer's boss feeds us. Our attention is being diverted - soon we will see an "answer" and all will be well again, thanks to another new law.
Ever rising house prices are a myth. This is being promulgated by the government at Westminster. The same government that sponsored mass immigration into the UK so they could difference NuLab policies from a "racist" Conservative party's policy.
People, we are being manipulated to make us vote a certain way (ie: keep Gordo).