Nobody should be surprised by the 100% predictable follow-up to the bailout that despite a few mealy-mouthed / hollow / presposterously naive (select which you prefer) words from Brown and Darling that guess what… all those city bonuses will be “hard to rein in” and that the FASA has no plans to curb big bonuses and of course the fantastic riposte that if there were curbs then some of thse people (like *all* “high flyers” in the UK apparently) would go abroad.
Well – oooh – I’m quaking in my bloody boots. Let’s be honest if this bunch of scumbuckets had gone abroad some time ago, maybe we wouldn’t be in quite such a piss-poor state right now. Hell, it might not be a bad idea to spend a few bob on their plane tickets just to make sure we’re rid of the tossers.
Quite frankly I’d have held a gun to these people’s heads. *Before* lending them a single penny, explain to them that there’s not a single bonus for an exec or trader until the taxpayer is paid back in full and with interest. And if that’s not good enough for them they can bail out their own sorry arses. We’re not going to be any better or worse off whatever they do.
A golden opportunity to serve up some justice, sanity and redress completely missed.
“Capitalists can buy themselves out of any crisis,
so long as they make the workers pay.”
Lenin
As an aside to that – a long aside – one thing that I’ve noticed a fair amount of on newspaper and news websites is that whenever comments are posted by people (quite rightly) bemoaning the bailouts and get-out-of-jails being flung at the bastards that got us into this mess – which to the untrained eye seems little short of actually rewarding the fuckers – there are invariably a bunch of ripostes which essentially ask “Well what would you do?”.
What kind of question is that?
The point that these utter ‘tards clearly seem incapable of grasping is that those of us so violently offended by the bailouts know that we should not be in this position in the first place and should not have to take it upon ourselves to sort out what was such an inevitable shitstorm.
The ignorance and/or arrogance of these people is almost beyond belief…
Almost everyone I know has been living in a state of growing concern and outrage over recent years about unrealistic lending, irresposible lending and borrowing, and the utter unsustainability of it all.
How is this all somehow a mystery to the *experts* who got us into all this? (and their comment-board apologists?)
The ongoing shitstorm in ‘The City’ naturally provides the wonderful Mark Steel with plenty of ammo for a typically cynical, hilarious and impassioned column in today’s Independent newspaper.
Includes stuff like this:
The total amount of city bonuses for the last year, it turns out, is £12.6bn. Which is more, apparently, than the nation’s entire budget for transport…
Richard Lambert, director-general of the CBI, said the bonuses are “a very effective way of motivating employees”. In which case it’s a good job the rest of the country’s workforce manages to get motivated without a £12.6m bonus or hospitals would be full of frail old patients squealing: “Can you change my sheets dear, I’ve had an accident,” and the nurse replying: “Four million quid or you can do them yourself.”
Click here for the full article…
