You could use that same justification for anything. Yes people do get self-righteous over it but its hardly suprising that someone like Fred Goodwin is getting so much publicity. To look at an unrelated incident I imagine people got self-righteous over Steve Mclaren getting paid £2m(?) for failing to quality for Euro 2008. That doesn't mean that he shouldn't take the money but at the same time it means he isn't immune from judgement.
So now he might just move abroad and we lose a huge amount of tax income... great.
Please take a while think about who is actually going to pay for the repairs. Yes that's right, us. Normally I'd say 'this is wrong', but I'm finding it incredibly hard to dissent on this one.
Who cares. Everything is just about as ****ed as it can possibly be anyway.
You think he pays any tax anyway? No one knows where he is, it's rumored hes in Spain right now. He's certainly not at the house that got vandalized.
No it isn;t I'm not seeing people buying bread with wheelbarrows full of money. nor thousands forming shanty towns after losijng everything.
things are still pretty much ok. if it was "as ****ed as it can possibly be" then you wouldn;t have the time to be posting on here nor the capability.
While I don't like the man, I don't agree with vandalising anyone's property.
a) Brought a private owned bank to the brink of collapse, costing each and every tax payer in this country, yourself included, a sizeable sum of money. Some of which is paying his obscene pension.
[TW]Fox;13750531 said:Sigh, simple minded morons.
Fred Goodwin was just doing what all the other bankers have been doing for the past 12 years ever since Labour took power. The *first* thing Labour (and specifically Gordon Brown as chancellor) did was deregulate the banks. He basically said "don't worry, give loans to anyone, even dodgy looking Russians, we won't stop you!".
Now Labour, wanting to divert attention from itself, has started blaming the bankers and for some reason singled out Fred Goodwin because he was a particularly public face and could be easily picked on.
It's pathetic.
Gordon Brown is getting hardly any flak for this situation he has created. The BBC seems more content with reporting the death of Jade Goody than what really matters at the moment.
Haha, I don't know where you get your ideas from. So it is entirely Labour's fault, despite the majority of the world and America failing to see it happen?The banking collapse is entirely Labour's fault due to their ridiculous policies and deregulation.
They may well be.Labour are blaming Goodwin and simply passing on the blame to him.
It isn't. If we're going to blame anyone, it is the ratings agencies (but you could in turn blame the banks for trusting the ratings agencies, etc).It is entirely their fault.
I thought you just said that they don't have enough control over the banking environment? What angle are you going to settle on?They control the banking environment
The government didn't encourage the bonus culture.. the banks didand if they create a banking culture which has little regulation and which encourages huge bonuses in the short run
No, you can't blame the investors for doing their job (selling products at a good price to generate big profits).then can you really blame all these bankers for taking advantage of it?
A minority of them have, by no means a majority. At all. Not even close.For the record economists have been warning the Government that our consumption/debt led economy is unsustainable for a long time now.