@contradevian Posted September 4, 2009 Share Posted September 4, 2009 Another reason for letting the banks fail, then contracts of employments could have been renegotiated and people rehired. Oh hang on.. dare say TUPE would apply! Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted September 4, 2009 Share Posted September 4, 2009 (edited) Any bank that is no longer receiving state support is free to pay their staff whatever the hell they like, as long as they have the support of their shareholders. Why should they cap bankers bonuses? Because they get paid more than you? There is probably a multiple of comparative salaries for given skillsets beyond which the remuneration of debt printers, who are providing nothing much but tokens of exchange, is found generally obscene, and frankly probably unnecessary materially unless you're making up for some very ******ed up psychology. Mark to market honestly, based on what the depressed wages of your perceived Untermensch can afford and you'd soon be a little more ordinary. Is that what you're scared of? Ordinariness? Edited September 4, 2009 by DissipatedYouthIsValuable Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 4, 2009 Share Posted September 4, 2009 Adam Smith?? The Magna Carter? Contract Law? A contract is void if there is a statute in place preventing it the deal. for example, a contract to murder someone is not enforceable. Quote Link to comment Share on other sites More sharing options...
Dave Spart Posted September 4, 2009 Share Posted September 4, 2009 (edited) they can enforce a 50% tax rate on those earning more than £150k so why can't they enforce a 75% tax rate on earnings of more than £300k etc. Yep, though I gotta say I think the way to solve the whole problem is to tax the banks on their gains inversely proportionally to the duration they invested in an asset. Hold an asset a year and pay little tax on your gains. Hold it just one second and you pay 100%. You catch my drift. It's a deterent against excessive short-term risking taking and encourages sober longer term investing. Edited September 4, 2009 by Dave Spart Quote Link to comment Share on other sites More sharing options...
dr ray Posted September 4, 2009 Share Posted September 4, 2009 There is probably a multiple of comparative salaries for given skillsets beyond which the remuneration of debt printers, who are providing nothing much but tokens of exchange, is found generally obscene, and frankly probably unnecessary materially unless you're making up for some very ******ed up psychology.Mark to market honestly, based on what the depressed wages of your perceived ܮtermensch can afford and you'd soon be a little more ordinary. Is that what you're scared of? Ordinariness? No one actually needs the sort of money some of these people earn. Wages and bonuses in the financial sector are just a proxy for dick size. Why not just measure their dicks? Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted September 4, 2009 Share Posted September 4, 2009 Any bank that is no longer receiving state support is free to pay their staff whatever the hell they like, as long as they have the support of their shareholders. Why should they cap bankers bonuses? Because they get paid more than you? name ONE bank that isnt here because of state support. remember, the bailouts were not for the individual banks involved, it was to stop a TOTAL SYSTEMIC FAILURE. No System, No banks. They ALL benefitted. Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted September 4, 2009 Share Posted September 4, 2009 (edited) No one actually needs the sort of money some of these people earn. Wages and bonuses in the financial sector are just a proxy for dick size. Why not just measure their dicks? And give them each a quant to help them big it up a bit, if they're worried about marking to packet. Edited September 4, 2009 by DissipatedYouthIsValuable Quote Link to comment Share on other sites More sharing options...
mosstrooper Posted September 4, 2009 Share Posted September 4, 2009 its all bool5hit the banks have been looted the wealth has been stolen by the establishment. as long as the gubmnt gets backhanded by the banks they can do what they like. like the man says - WAKE UP what else is there to be said ? theres a recession and some people are being handed millions for doing their job ? its a joke Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted September 4, 2009 Share Posted September 4, 2009 (edited) Wide wage disparity inflates prices beyond the means of the many for the few. Now, there's a point to which this will be tolerated, and a point at which the many will simply start removing heads rather than starve, lose their homes, their pensions, or their savings. I mean, what the hell are banks actually for? Maybe I'm just very naive in thinking they should attempt to provide the means of exchange for the society they serve for the betterment of the lives of its constituents. I wouldn't behead many of those bankers. Edited September 4, 2009 by DissipatedYouthIsValuable Quote Link to comment Share on other sites More sharing options...
dr ray Posted September 4, 2009 Share Posted September 4, 2009 Wide wage disparity inflates prices beyond the means of the many for the few.Now, there's a point to which this will be tolerated, and a point at which the many will simply start removing heads rather than starve, lose their homes, their pensions, or their savings. Do you think so? In the UK? Went round a Stately Home last w/e. Barrister made a fortune in the South Sea Bubble and built the house in 1700. Employed 50 gardeners alone. Lived in luxury even by todays standard while the common man was being driven off the land by enclosure. And yet we had no mass riots or lynching. Small disturbabces were brutally and efficiently suppressed just as now. While there is still telly and footy all will be peaceful in the UK. Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted September 4, 2009 Share Posted September 4, 2009 Do you think so? In the UK?Went round a Stately Home last w/e. Barrister made a fortune in the South Sea Bubble and built the house in 1700. Employed 50 gardeners alone. Lived in luxury even by todays standard while the common man was being driven off the land by enclosure. And yet we had no mass riots or lynching. Small disturbabces were brutally and efficiently suppressed just as now. While there is still telly and footy all will be peaceful in the UK. Perhaps you're right. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 4, 2009 Share Posted September 4, 2009 (edited) When you say we can't Cap bankers...does that include knee capping ? Maybe they shouldnt cap them but tax all bonus payments in the banking sector at, lets say, 95% Buy hey, would you take money off your friends ? Edited September 4, 2009 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
babesagainstmachines Posted September 4, 2009 Author Share Posted September 4, 2009 My personal point in posting this was that Darling says they can't enforce such a law, he is lying. As for jealousy, damed right I'm jealous, but that's not the point. The banks should have been allowed to go bust, end of story. It's patently obvious that the government are controlled by skimmers not wealth creators, and this country is therefor screwed until the balance is redressed. Quote Link to comment Share on other sites More sharing options...
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