The Curmudgeon

YOU'LL COME FOR THE CURSES. YOU'LL STAY FOR THE MUDGEONRY.

Friday, October 08, 2010

Constructive Discussion

An evil European plot to cap bankers' bonuses has elicited dire warnings from one "Jon Terry, reward partner at PricewaterhouseCoopers" that such meddling in the free market could result in the incompetents who caused the financial crisis seeking employment elsewhere and bringing down the Asian banking sector as well. Assuming any regulations are imposed, the banks are expected to sidestep them by handing out pay rises, something they can well afford to do given their refusal to lend out the money which the taxpayers donated to them. It is certainly a great pity that such optional extras to the big society as teachers, nurses, transport workers, firefighters and so forth are unable to resolve their industrial disputes in so conveniently apolitical a fashion.

2 Comments:

  • At 7:06 pm , Anonymous Madame X said...

    They are as opposed to maximum wage laws as they are to minimum wage laws, so there's some consistency.

     
  • At 10:12 am , Blogger phil said...

    The trickle starts here...

     

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