JustMike Posted 29 June, 2011 Share Posted 29 June, 2011 (edited) I'm sorry that's nonsense, the responsibility lies with the lender. The financial sector and government were 100% to blame. Individual people are responsible for their own finances, not managing the country's. this. Remember when teachers, policemen,ambulance staff,nurses, doctors & lollipop ladies etc etc crashed the stock market, wiped out banks, took billions in bonuses and paid no tax? No, me neither. Edited 29 June, 2011 by JustMike Link to comment Share on other sites More sharing options...
badgerx16 Posted 29 June, 2011 Share Posted 29 June, 2011 ] The private sector do not have the protection of unions. British Airways ????? Link to comment Share on other sites More sharing options...
Special K Posted 29 June, 2011 Share Posted 29 June, 2011 ] I agree with this. The private sector do not have the protection of unions. Employees must either accept the terms on the table or walk. Employers will have no problem plugging the gap. Errr, how do you work that one out? I assume that you mean workers in the private sector? If so, then Unison members alone come from most areas of the private sector? If you are going to make sweeping statements like that, at least check they are not bull**** before you do. Link to comment Share on other sites More sharing options...
egg Posted 29 June, 2011 Share Posted 29 June, 2011 Errr, how do you work that one out? I assume that you mean workers in the private sector? If so, then Unison members alone come from most areas of the private sector? If you are going to make sweeping statements like that, at least check they are not bull**** before you do. Yes I mean private sector. The limited presence of unions in the private sector makes employees in that sector so much more vulnerable than those in the public sector. This is a reality, not bullsh@t. Link to comment Share on other sites More sharing options...
AndyNorthernSaints Posted 29 June, 2011 Share Posted 29 June, 2011 10 pages of whinging so far. I don't remember a thread with private sector posters whinging when we took our share of the pain. Also i'd imagine most of those complaining voted Labour and therefore voted for a useless party with a historical track record of ****ing up the economy. 10 pages of whinging compared to 11,495 posts moaning about socialists(without understanding the meaning) , public sector workers, NHS staff, Doctors, Nurses, Council workers, labour, working class people, council tennants, unemployed, miners, trade unions, scottish, Irish, Welsh, anti-apartied, europe, non english speaking people abroad, muslamic ray guns, neighbours who don't return hoovers, foxes, birds, single mothers, guardian newspaper, speed cameras, people with physical disability or mental health problems, democrats, liberals, anti racist groups, anyone with a higher qualification that HND........ etc and now teachers..... who is next on your hate list Stanley? Link to comment Share on other sites More sharing options...
Special K Posted 29 June, 2011 Share Posted 29 June, 2011 Yes I mean private sector. The limited presence of unions in the private sector makes employees in that sector so much more vulnerable than those in the public sector. This is a reality, not bullsh@t. You said that (workers) in the private sector do not have protection from the unions. That is crap, as you have acknowledged. Link to comment Share on other sites More sharing options...
Dimond Geezer Posted 29 June, 2011 Share Posted 29 June, 2011 10 pages of whinging compared to 11,495 posts moaning about socialists(without understanding the meaning) , public sector workers, NHS staff, Doctors, Nurses, Council workers, labour, working class people, council tennants, unemployed, miners, trade unions, scottish, Irish, Welsh, anti-apartied, europe, non english speaking people abroad, muslamic ray guns, neighbours who don't return hoovers, foxes, birds, single mothers, guardian newspaper, speed cameras, people with physical disability or mental health problems, democrats, liberals, anti racist groups, anyone with a higher qualification that HND........ etc and now teachers..... who is next on your hate list Stanley? pmsl Link to comment Share on other sites More sharing options...
bridge too far Posted 29 June, 2011 Share Posted 29 June, 2011 http://www.telegraph.co.uk/finance/personalfinance/pensions/8603989/FTSE-directors-now-retire-with-2.8m-pensions.html Link to comment Share on other sites More sharing options...
Lord Duckhunter Posted 29 June, 2011 Share Posted 29 June, 2011 this. Remember when teachers, policemen,ambulance staff,nurses, doctors & lollipop ladies etc etc crashed the stock market, wiped out banks, took billions in bonuses and paid no tax? No, me neither. Remember when I invaded Iraq, costing the Country billions? Remember when I sold off our gold at rock bottom prices? No, me neither. I didn't even vote for the clowns that did. Why should my VAT go up to 20%, why should I have a pay freeze for 2 years. Why should I work longer for a smaller pension and have had my contributions increased? You seem to want to live in some sort of Utopia where wealth is shared, taxes distributed fairly, and where lollipop ladies, policemen ect ect ect, only gain the benefit of a free market ecomony, but never have to pay for it's failures. My children and their children and their children didn't cause it, why should they have to pay? Link to comment Share on other sites More sharing options...
Jonnyboy Posted 29 June, 2011 Share Posted 29 June, 2011 Remember when I invaded Iraq, costing the Country billions? Remember when I sold off our gold at rock bottom prices? No, me neither. I didn't even vote for the clowns that did. Why should my VAT go up to 20%, why should I have a pay freeze for 2 years. Why should I work longer for a smaller pension and have had my contributions increased? You seem to want to live in some sort of Utopia where wealth is shared, taxes distributed fairly, and where lollipop ladies, policemen ect ect ect, only gain the benefit of a free market ecomony, but never have to pay for it's failures. My children and their children and their children didn't cause it, why should they have to pay? Most people have this, public and private. More reasons to tax the banks heavily Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 Most people have this, public and private. More reasons to tax the banks heavily Yeah blame the banks, scum, murderers- kick em out to other countries we don't want their taxes! Those horrible bankers that pay more than 50% of their hard earned wages should **** off to another country to spend whatevers left , boo hiss evil! Let's all be nurses, dinner ladies, teachers and traffic wardens, print loads of money but ban anyone earning more than £50k cos their greedy scum, murderers etc! Link to comment Share on other sites More sharing options...
franny Posted 29 June, 2011 Share Posted 29 June, 2011 http://www.channel4.com/news/how-fair-is-public-sector-pension-reform Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 http://www.channel4.com/news/how-fair-is-public-sector-pension-reform I read this morning that with the new reforms the public sector employee is expected to contribute 3-5% towards their pension with the private sector contributing 19% towards that individuals pot. Clearly these reforms don't go anywhere near far enough... Link to comment Share on other sites More sharing options...
TheCholulaKid Posted 29 June, 2011 Share Posted 29 June, 2011 I read this morning that with the new reforms the public sector employee is expected to contribute 3-5% towards their pension with the private sector contributing 19% towards that individuals pot. Clearly these reforms don't go anywhere near far enough... The private sector? Or the taxpayer? Either way could you supply a link. That sounds like an interesting read. Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 The private sector? Or the taxpayer? Either way could you supply a link. That sounds like an interesting read. My mistake, the taxpayer. Also public sector employees contributions is actually between 1.5% and 3.5%. Link below: http://www.thetimes.co.uk/tto/news/politics/article3077240.ece Link to comment Share on other sites More sharing options...
Thorpe-le-Saint Posted 29 June, 2011 Share Posted 29 June, 2011 Yeah blame the banks, scum, murderers- kick em out to other countries we don't want their taxes! Those horrible bankers that pay more than 50% of their hard earned wages should **** off to another country to spend whatevers left , boo hiss evil! Let's all be nurses, dinner ladies, teachers and traffic wardens, print loads of money but ban anyone earning more than £50k cos their greedy scum, murderers etc! Have you and your oh-so-marvellous banker chum moved in together yet? If not, you'll always have the free holidays eh? Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 My mistake, the taxpayer. Also public sector employees contributions is actually between 1.5% and 3.5%. Link below: http://www.thetimes.co.uk/tto/news/politics/article3077240.ece So the 7% that I currently pay is make believe is it? My admin staff pay 3% into the Local Government Scheme which the government accepts is in credit and is looking at separately & because of that UNISON have yet to to ballot their members It's a myth that all the funds are over stretched but it suits the agenda to ignore that. Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 Have you and your oh-so-marvellous banker chum moved in together yet? If not, you'll always have the free holidays eh? No, funny you ask as going out with him tomorrow after work where he's making a rare appearance. Meeting up with the boys in St Kaths dock, prob the Living Room, from there we'll eat at Hawkesmoor in Cov gdn before Mahiki, he's offered to pay for a table as he's made an absolute killing this weak from betting on falling oil prices! God, that's a lot of suppliers, taxi drivers, chefs, bar and waiting staff we'll be supporting tomorrow! Pop by after the protest no doubt you'll be smashing windows at, he'll be happy to buy you a beer or 2 seeing as he pays your and 10+ of your colleagues their salaries from his taxes alone. Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 So the 7% that I currently pay is make believe is it? My admin staff pay 3% into the Local Government Scheme which the government accepts is in credit and is looking at separately & because of that UNISON have yet to to ballot their members It's a myth that all the funds are over stretched but it suits the agenda to ignore that. Cool, so the reports wrong then? Link to comment Share on other sites More sharing options...
bridge too far Posted 29 June, 2011 Share Posted 29 June, 2011 My mistake, the taxpayer. Also public sector employees contributions is actually between 1.5% and 3.5%. Link below: http://www.thetimes.co.uk/tto/news/politics/article3077240.ece Really? My NHS contributions were 6% of my salary. Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 Cool, so the reports wrong then? As I and my colleagues all pay more than that at the moment then yes, it is. Link to comment Share on other sites More sharing options...
the stain Posted 29 June, 2011 Share Posted 29 June, 2011 No, funny you ask as going out with him tomorrow after work where he's making a rare appearance. Meeting up with the boys in St Kaths dock, prob the Living Room, from there we'll eat at Hawkesmoor in Cov gdn before Mahiki, he's offered to pay for a table as he's made an absolute killing this weak from betting on falling oil prices! God, that's a lot of suppliers, taxi drivers, chefs, bar and waiting staff we'll be supporting tomorrow! Pop by after the protest no doubt you'll be smashing windows at, he'll be happy to buy you a beer or 2 seeing as he pays your and 10+ of your colleagues their salaries from his taxes alone. Oh dear. Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 Oh dear. I know, damn bankers spending their wages on a night out eh?! This country would grind to a halt if bankers stayed in counting cash - fact! Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 I know, damn bankers spending their wages on a night out eh?! This country would grind to a halt if bankers stayed in counting cash - fact! No, the economy which is London and it's bubble would. The rest of us wouldn't notice. I'll add FACT for gravitas. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 29 June, 2011 Share Posted 29 June, 2011 Yeah blame the banks, scum, murderers- kick em out to other countries we don't want their taxes! Those horrible bankers that pay more than 50% of their hard earned wages should **** off to another country to spend whatevers left , boo hiss evil! Let's all be nurses, dinner ladies, teachers and traffic wardens, print loads of money but ban anyone earning more than £50k cos their greedy scum, murderers etc! Your long hours don't seem to be making you a happy person. Maybe you should re-assess your lifestyle? Link to comment Share on other sites More sharing options...
Sergei Gotsmanov Posted 29 June, 2011 Share Posted 29 June, 2011 Yeah blame the banks, scum, murderers- kick em out to other countries we don't want their taxes! Those horrible bankers that pay more than 50% of their hard earned wages should **** off to another country to spend whatevers left , boo hiss evil! Let's all be nurses, dinner ladies, teachers and traffic wardens, print loads of money but ban anyone earning more than £50k cos their greedy scum, murderers etc! I am afraid that would mean we lost alot of Union leaders http://www.taxpayersalliance.com/tradeunionrichlist0611.pdf Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 No, the economy which is London and it's bubble would. The rest of us wouldn't notice. I'll add FACT for gravitas. What about the £50k kitchen from Smallbones (based in Devizes) he bought, or his Aston (designed and made in Gaydon)? Link to comment Share on other sites More sharing options...
Sergei Gotsmanov Posted 29 June, 2011 Share Posted 29 June, 2011 Have you and your oh-so-marvellous banker chum moved in together yet? If not, you'll always have the free holidays eh? Yes accuse him of being gay. That should do it even if it is not very PC. Link to comment Share on other sites More sharing options...
the stain Posted 29 June, 2011 Share Posted 29 June, 2011 What a tit. Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 What about the £50k kitchen from Smallbones (based in Devizes) he bought, or his Aston (designed and made in Gaydon)? If you really believe that the wealth created and contained in the City impacts the rest of the country in a major way then you're not as switched on as I thought you were. I'll try and find the report, Deloitte I think it was, that showed how approx 99% of money earned in the City was spent within a 20km radius of it. One person far from proves the opposite. Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 Your long hours don't seem to be making you a happy person. Maybe you should re-assess your lifestyle? I'm part of what will be a very bitter generation yeah, the hours we have to work to get a sniff of a pension and a chance of getting onto the housing ladder will ensure my lifestyle will revolve around working as hard as possible fir the foreseeable future and why I'm happy to take that on my shoulders so my missus can be a teacher and go to work with a purpose at the end of it. I'm just a mush from harefield that works bloody hard paying huge taxes so I can live in a decent part of the city I love, Southampton and live here comfortably with the girlfriend I love in those rare moments I'm not at work. It's not a choice for my generation pal, it's that or Jeremy Kyle life for me and I'm willing to put the effort in! Link to comment Share on other sites More sharing options...
revolution saint Posted 29 June, 2011 Share Posted 29 June, 2011 No, funny you ask as going out with him tomorrow after work where he's making a rare appearance. Meeting up with the boys in St Kaths dock, prob the Living Room, from there we'll eat at Hawkesmoor in Cov gdn before Mahiki, he's offered to pay for a table as he's made an absolute killing this weak from betting on falling oil prices! God, that's a lot of suppliers, taxi drivers, chefs, bar and waiting staff we'll be supporting tomorrow! Pop by after the protest no doubt you'll be smashing windows at, he'll be happy to buy you a beer or 2 seeing as he pays your and 10+ of your colleagues their salaries from his taxes alone. For everyone lauding the private sector and castigating the public, don't forget you have this arrogant ***** on your side. I'm sure someone will put that far more eloquently than me though. Link to comment Share on other sites More sharing options...
LGTL Posted 29 June, 2011 Share Posted 29 June, 2011 It's even harder half a generation down. The 20-25's have been ****ed over in just about every possible way. Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 If you really believe that the wealth created and contained in the City impacts the rest of the country in a major way then you're not as switched on as I thought you were. I'll try and find the report, Deloitte I think it was, that showed how approx 99% of money earned in the City was spent within a 20km radius of it. One person far from proves the opposite. I'm sure your right, but me using 1 person as a sample size is not far off you using yourself and immediate colleagues as examples of public sector pension contributions. Would gave thought the money bankers spend on goods and services is then filtered indirectly into other areas though? Happy to look at said deloitte report though. Link to comment Share on other sites More sharing options...
saintfully Posted 29 June, 2011 Share Posted 29 June, 2011 Your long hours don't seem to be making you a happy person. Maybe you should re-assess your lifestyle? I think in this case its best to be sympathetic rather than offer a confusing intellectual choice... I fear he may not have developed beyond 'rich=good' vs 'poor=bad'. Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 How the f**k people are expected to get on the housing ladder is beyond me as they need to be earning big bucks, which, in a way, is why maths grads, who earn excellent money in financial services, aren't going into teaching and that is a disaster. Link to comment Share on other sites More sharing options...
shurlock Posted 29 June, 2011 Share Posted 29 June, 2011 Yeah blame the banks, scum, murderers- kick em out to other countries we don't want their taxes! Those horrible bankers that pay more than 50% of their hard earned wages should **** off to another country to spend whatevers left , boo hiss evil! Let's all be nurses, dinner ladies, teachers and traffic wardens, print loads of money but ban anyone earning more than £50k cos their greedy scum, murderers etc! Of course, its not just the loony left that wants tighter regulation of bankers - once you adjust for risk, the contribution banks make to the economy looks less rosy. Increased tax revenues is more than offset by direct fiscal costs and wider output losses. And the idea that most banks would move wholesale to another country in response to higher taxation/tighter regulation has been discredited pretty convincingly - check the Vickers report, the major report in this area. Aint got a problem with wealth creators - if anything, the case against parts of the banking industry is about protecting, not dismantling capitalism, ensuring a proper symmetry between individual reward and failure. The alternative is socialism... Link to comment Share on other sites More sharing options...
JackanorySFC Posted 29 June, 2011 Author Share Posted 29 June, 2011 For everyone lauding the private sector and castigating the public, don't forget you have this arrogant ***** on your side. I'm sure someone will put that far more eloquently than me though. For everyone lauding the public sector and castigating the private sector please remember you have this person on yourside, someone that instead of using reasoned debate resorts to hollow insults. A popular theme it seems.... Link to comment Share on other sites More sharing options...
LGTL Posted 29 June, 2011 Share Posted 29 June, 2011 At my age (23) and soon to be newly qualified, the only way i'd be able to get even a 10% deposit for a house is through help from family or inheritance. It's not the mortgage that's the issue, just the stinking deposit. Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 Of course, its not just the loony left that wants tighter regulation of bankers - once you adjust for risk, the contribution banks make to the economy looks less rosy. Increased tax revenues is more than offset by direct fiscal costs and wider output losses. And the idea that most banks would move wholesale to another country in response to higher taxation/tighter regulation has been discredited pretty convincingly - check the Vickers report, the major report in this area. Aint got a problem with wealth creators - if anything, the case against parts of the banking industry is about protecting, not dismantling capitalism, ensuring a proper symmetry between individual reward and failure. The alternative is socialism... Even the tories have said that the banks wouldn't go, despite saying the opposite previously. Bankers want to live in a world city like London which is why they come from far and wide. Link to comment Share on other sites More sharing options...
the stain Posted 29 June, 2011 Share Posted 29 June, 2011 For everyone lauding the public sector and castigating the private sector please remember you have this person on yourside, someone that instead of using reasoned debate resorts to hollow insults. A popular theme it seems.... Reasoned debate? What, you going "oooooh, I got loadsa money! Me and my mates, we're well rich, even though I struggle to know the difference between week and weak". How is that reasoned debate? Link to comment Share on other sites More sharing options...
Jonnyboy Posted 29 June, 2011 Share Posted 29 June, 2011 No, funny you ask as going out with him tomorrow after work where he's making a rare appearance. Meeting up with the boys in St Kaths dock, prob the Living Room, from there we'll eat at Hawkesmoor in Cov gdn before Mahiki, he's offered to pay for a table as he's made an absolute killing this weak from betting on falling oil prices! God, that's a lot of suppliers, taxi drivers, chefs, bar and waiting staff we'll be supporting tomorrow! Pop by after the protest no doubt you'll be smashing windows at, he'll be happy to buy you a beer or 2 seeing as he pays your and 10+ of your colleagues their salaries from his taxes alone. Yeah, you're a real mush, really remember your roots don't you? Its easy to earn megabucks if you kiss enough ass to get high up in racket which can print money and pay what it likes all covered by the tax payer even if you go out of business. Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 It's very easy to know the price of everything but the value of nothing. Link to comment Share on other sites More sharing options...
revolution saint Posted 29 June, 2011 Share Posted 29 June, 2011 For everyone lauding the public sector and castigating the private sector please remember you have this person on yourside, someone that instead of using reasoned debate resorts to hollow insults. A popular theme it seems.... You're right, of course, and I apologise - there was no need to call you a c u n t. I'll try harder No, funny you ask as going out with him tomorrow after work where he's making a rare appearance. Meeting up with the boys in St Kaths dock, prob the Living Room, from there we'll eat at Hawkesmoor in Cov gdn before Mahiki, he's offered to pay for a table as he's made an absolute killing this weak from betting on falling oil prices! God, that's a lot of suppliers, taxi drivers, chefs, bar and waiting staff we'll be supporting tomorrow! Pop by after the protest no doubt you'll be smashing windows at, he'll be happy to buy you a beer or 2 seeing as he pays your and 10+ of your colleagues their salaries from his taxes alone. It was OUR taxes that saved the banking industry wasn't it? Doesn't matter if you or your friend don't work for Lloyds or RBS because without govt. intervention the whole banking sector would have collapsed - commercial bankers chased an irresponsible dream and were driven by personal greed. Now of course having been bailed out you can feel free to enjoy big bonuses whilst everyone around you, who helped you, suffers for generations. Surely you can see why that would rankle? Link to comment Share on other sites More sharing options...
Sergei Gotsmanov Posted 29 June, 2011 Share Posted 29 June, 2011 If you really believe that the wealth created and contained in the City impacts the rest of the country in a major way then you're not as switched on as I thought you were. I'll try and find the report, Deloitte I think it was, that showed how approx 99% of money earned in the City was spent within a 20km radius of it. One person far from proves the opposite. And the tax generated from the city? Link to comment Share on other sites More sharing options...
LGTL Posted 29 June, 2011 Share Posted 29 June, 2011 No, funny you ask as going out with him tomorrow after work where he's making a rare appearance. Meeting up with the boys in St Kaths dock, prob the Living Room, from there we'll eat at Hawkesmoor in Cov gdn before Mahiki, he's offered to pay for a table as he's made an absolute killing this weak from betting on falling oil prices! God, that's a lot of suppliers, taxi drivers, chefs, bar and waiting staff we'll be supporting tomorrow! Pop by after the protest no doubt you'll be smashing windows at, he'll be happy to buy you a beer or 2 seeing as he pays your and 10+ of your colleagues their salaries from his taxes alone. The Aston Martin and posh restaurant to him is what a Ford and Tesco ready meal is to me, only less appreciated. At least when I head on holiday with my missus after saving ****iing hard all year i'll know she wants to be there and we'll have a great time. I'd rather that then have a life with some bird who loves the high life, looking after the precious darlings at home all day while ****ging the next door neighbour cos i'm never at home to satisfy her... Link to comment Share on other sites More sharing options...
CB Saint Posted 29 June, 2011 Share Posted 29 June, 2011 For everyone lauding the private sector and castigating the public, don't forget you have this arrogant ***** on your side. I'm sure someone will put that far more eloquently than me though. For every arrogant ***** in the private sector, I am sure you will find one in the public sector. It's not about sides though is it. The private sector employees have had a rough ride of it through not fault of their own and now the public sector is about to get a big dose of the pain. I don't rejoice in that. It's terrible. However we are where we are, recriminations and finger pointing won't change it. Taxing the banking sector to death won't actually improve things that much, even if they did stay here, except to make all of us feel a little bit better that someone got their just desserts. Is it fair that public sector workers are having their pension rights changed - nope. Is it fair that the taxpayer should support an every increasing public sector pension pot whilst struggling to save for their own - nope. Something does have to give though and we will all have to give a lot more over the next few years irrespective of which sector we are in. Link to comment Share on other sites More sharing options...
View From The Top Posted 29 June, 2011 Share Posted 29 June, 2011 And the tax generated from the city? For tax paid read tax avoidance. Link to comment Share on other sites More sharing options...
Sergei Gotsmanov Posted 29 June, 2011 Share Posted 29 June, 2011 You're right, of course, and I apologise - there was no need to call you a c u n t. I'll try harder It was OUR taxes that saved the banking industry wasn't it? Doesn't matter if you or your friend don't work for Lloyds or RBS because without govt. intervention the whole banking sector would have collapsed - commercial bankers chased an irresponsible dream and were driven by personal greed. Now of course having been bailed out you can feel free to enjoy big bonuses whilst everyone around you, who helped you, suffers for generations. Surely you can see why that would rankle? and sadly it will be a healthy banking sector that helps gets us out of it. Fred the Shred would have been slung in jail in China and quite rightly so. He arrived and made 18,000 redundant and then screwed up and made another 18,000 lose their jobs. Link to comment Share on other sites More sharing options...
revolution saint Posted 29 June, 2011 Share Posted 29 June, 2011 For every arrogant ***** in the private sector, I am sure you will find one in the public sector. It's not about sides though is it. The private sector employees have had a rough ride of it through not fault of their own and now the public sector is about to get a big dose of the pain. I don't rejoice in that. It's terrible. However we are where we are, recriminations and finger pointing won't change it. Taxing the banking sector to death won't actually improve things that much, even if they did stay here, except to make all of us feel a little bit better that someone got their just desserts. Is it fair that public sector workers are having their pension rights changed - nope. Is it fair that the taxpayer should support an every increasing public sector pension pot whilst struggling to save for their own - nope. Something does have to give though and we will all have to give a lot more over the next few years irrespective of which sector we are in. To be fair, you're right. I got a little annoyed there! Link to comment Share on other sites More sharing options...
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