Crony Capitalism.

[crankedup]

No need for me to re-write my considerations on this subject. Suffice to say at this point I find it disappointing and a little irritating that the Governments proposed actions are no more than an hours work on the back of a fag packet. Looks like you are to be correct, all those that told me that the Government would makes lots of noise and no real actions, simply to placate the public anger. If this becomes the reality then expect a Labour Government next time around.

[davepoth]

crankedup said:

No need for me to re-write my considerations on this subject. Suffice to say at this point I find it disappointing and a little irritating that the Governments proposed actions are no more than an hours work on the back of a fag packet. Looks like you are to be correct, all those that told me that the Government would makes lots of noise and no real actions, simply to placate the public anger. If this becomes the reality then expect a Labour Government next time around.

Because they were so much better at this stuff than the current rabble?

[crankedup]

davepoth said:

Because they were so much better at this stuff than the current rabble?

Definitely! the deceit of that lot was sickening.

[Digga]

crankedup said:

davepoth said:

Because they were so much better at this stuff than the current rabble?

Definitely! the deceit of that lot was sickening.

Same st, different aholes.

Open your eyes OP.

[crankedup]

Digga said:

Same st, different aholes.

Open your eyes OP.

I already have said that I had done just that, its sickening. But if you have no faith or confidence in the Political Establishment then where the hell does it all end up?

[bobbylondonuk]

crankedup said:

I already have said that I had done just that, its sickening. But if you have no faith or confidence in the Political Establishment then where the hell does it all end up?

All ends up in your payslip under deductions!

[Digga]

crankedup said:

Digga said:

Same st, different aholes.

Open your eyes OP.

I already have said that I had done just that, its sickening. But if you have no faith or confidence in the Political Establishment then where the hell does it all end up?

Ultimately, you can look at Greece as the prime example of where this can lead.

[MX7]

Quality thread...

[turbobloke]

Soundbite thread title - what does it mean? Is it like Tony's Cronies who did so much damage to the country only not so bad?

Of more concern by far is state socialism, something needs to be done about getting rid of that permanently.

[Jasandjules]

[Mojocvh]

Digga said:

crankedup said:

Digga said:

Same st, different aholes.

Open your eyes OP.

I already have said that I had done just that, its sickening. But if you have no faith or confidence in the Political Establishment then where the hell does it all end up?

Ultimately, you can look at Greece as the prime example of where this can lead.

Really? and when did they [as we are now talking politics] start the odd war here and there in the divine belief of "freedom" [LOL] or [sic] democracy....

[crankedup]

turbobloke said:

Soundbite thread title - what does it mean? Is it like Tony's Cronies who did so much damage to the country only not so bad?

Of more concern by far is state socialism, something needs to be done about getting rid of that permanently.

You know exactly what it means. Your beloved Tory Toffs have been 'doing alright by each other' for nigh thirty years, I think this has led to a 400% increase in remuneration over and above the National average salary. Hopefully Vince can keep applying pressure to shareholders, now we have a binding vote (soon) to rein in the snouts at troughs, its not only bankers at it you see, its bloody top 100 FTSE c.e.o. and Directors. As every man and his dog have said, except the few oddballs in here.

[nellyleelephant]

crankedup said:

You know exactly what it means. Your beloved Tory Toffs have been 'doing alright by each other' for nigh thirty years, I think this has led to a 400% increase in remuneration over and above the National average salary. Hopefully Vince can keep applying pressure to shareholders, now we have a binding vote (soon) to rein in the snouts at troughs, its not only bankers at it you see, its bloody top 100 FTSE c.e.o. and Directors. As every man and his dog have said, except the few oddballs in here.

Would that Vince be the whiter than white Vince "forgot to pay all of his tax while earning £192,000 from media work" Cable?

[Jasandjules]

crankedup said:

now we have a binding vote (soon) to rein in the snouts at troughs, its not only bankers at it you see, its bloody top 100 FTSE c.e.o. and Directors. As every man and his dog have said, except the few oddballs in here.

Upon what basis should or could the state impose restrictions upon the salaries a private company pays? (which of itself precludes RBS etc).

[nellyleelephant]

Jasandjules said:

Upon what basis should or could the state impose restrictions upon the salaries a private company pays? (which of itself precludes RBS etc).

Jealousy?

[Ali G]

Jasandjules said:

crankedup said:

now we have a binding vote (soon) to rein in the snouts at troughs, its not only bankers at it you see, its bloody top 100 FTSE c.e.o. and Directors. As every man and his dog have said, except the few oddballs in here.

Upon what basis should or could the state impose restrictions upon the salaries a private company pays? (which of itself precludes RBS etc).

Currently, you cannot.

But if I look in my FD's guide to 'quick wins in persuit of huge bonuses' I will find:

(1) Screw the pension scheme - defined benefits are only for directors
(2) Offshore as much as possible
(3) Cut back office staff levels until you get 'elf & safety probs
(4) Leave before the st hits the fan

Pretty much akin to asset stripping - this time the asset is the employee.

And, yes, the level and rate of increase in remuneration for senior executives is offensive.

They ain't turning things around!

[Du1point8]

From all I have seen they are doing more to actually stop the income of tax from these private companies and the limiting of pay/bonuses using the proposals rather than doing anything much about reducing the public sector and their bonuses.

All because the public is jealous of the pay of a few individuals.

Well at least the shareholder would get a bit more money... not that I think anyone in the public who votes for any of this should be allowed to hold shares in as it would be just hypocritical to stop the pay of others just to line their own pockets.

[Ozzie Osmond]

Ali G said:

if I look in my FD's guide to 'quick wins in persuit of huge bonuses' I will find:

(1) Screw the pension scheme - defined benefits are only for directors
(2) Offshore as much as possible
(3) Cut back office staff levels until you get 'elf & safety probs
(4) Leave before the st hits the fan

Pretty much akin to asset stripping - this time the asset is the employee.

And, yes, the level and rate of increase in remuneration for senior executives is offensive.

They ain't turning things around!

Very perceptive. Very perceptive indeed. The very essence of crony capitalism. Plus a small handful of non-executive directors...

[DonkeyApple]

crankedup said:

You know exactly what it means. Your beloved Tory Toffs have been 'doing alright by each other' for nigh thirty years, I think this has led to a 400% increase in remuneration over and above the National average salary. Hopefully Vince can keep applying pressure to shareholders, now we have a binding vote (soon) to rein in the snouts at troughs, its not only bankers at it you see, its bloody top 100 FTSE c.e.o. and Directors. As every man and his dog have said, except the few oddballs in here.

Oh god your an envious little rich man carrying your father's chip.

Do a little research on your favourite little prejudice for once.

It's all public data so it should be quite easy.

Pull out the data of fTSE director pay over the last 20 years and find the spot at which it started going up exponentially.

That should take less than half an hour.

Then look at that date and see what major changes were happening at that time.

One clue is to look at Canary Wharf and it's occupants at the time.

Second, go down to your library and get a copy of Who's Who and look at the backgrounds of your beloved directors.

I genuinely think you will be acutely disappointed with what you actually teach yourself.

You're prejudice and wealth is blinding you.

But please stop trying to make out you are a liberal or socialist.

You are part of the very group which you despise.

You and your ilk are the root cause of the problems that you love to shout about but do not personally suffer from.

[DonkeyApple]

crankedup said:

You know exactly what it means. Your beloved Tory Toffs have been 'doing alright by each other' for nigh thirty years, I think this has led to a 400% increase in remuneration over and above the National average salary. Hopefully Vince can keep applying pressure to shareholders, now we have a binding vote (soon) to rein in the snouts at troughs, its not only bankers at it you see, its bloody top 100 FTSE c.e.o. and Directors. As every man and his dog have said, except the few oddballs in here.

Oh god your an envious little rich man carrying your father's chip.

Do a little research on your favourite little prejudice for once.

It's all public data so it should be quite easy.

Pull out the data of fTSE director pay over the last 20 years and find the spot at which it started going up exponentially.

That should take less than half an hour.

Then look at that date and see what major changes were happening at that time.

One clue is to look at Canary Wharf and it's occupants at the time.

Second, go down to your library and get a copy of Who's Who and look at the backgrounds of your beloved directors.

I genuinely think you will be acutely disappointed with what you actually teach yourself.

You're prejudice and wealth is blinding you.

But please stop trying to make out you are a liberal or socialist.

You are part of the very group which you despise.

You and your ilk are the root cause of the problems that you love to shout about but do not personally suffer from.