barclays bonus's

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WesLangdon

WesLangdon

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BBC News - Barclays bank pays 428 employees more than £1m

There was a time when the UK's economic system was regarded as revolutionary and to quote able to save us from "the idiocy of rural life"
Now our post manufacturing economy rewards people who serve no useful function whatsoever...a sort of inverse evolution. Bricklayers, carpenters, engineers out of work and we overpay people who are essentially saprophytes.
 
Yes Steve, this is the same old news again. But is your dismissive response necessary? If you're not interested then don't read this post and certainly don't bother commenting.

I agree with the OP's disgust at the obscene amounts of money undeservedly paid to people. Are these people really 40 times and more better than the average UK worker on a salary of £25k? I think not. As for the usdual response of "we have to pay well or they'll go elsewhere", I say let them go elsewhere. Would someone who's willing to accept one tenth of the money do any worse than the overpaid bankers have done in recent years? I venture to suggest that they may have done even better because they may have had the desire to perform well for the company instead of short-term personal gain.

It's not just the bankers who are getting overpaid. It's endemic in far too many areas, especially within the entertainment industry. But in those circumstances we're the mugs for supporting them of our own volition. But we have no choice in the matter when our taxes are used to bail out banks that have failed because of the greed within.
 
These threads drone on and on and end up closed. We've had heaps of these tiresome sanctimonious debates on here.

I wished people never started them or if they felt the need to start them did it on another forum.
 
If these threads were once in a blue moon then I think many could live with them. But they are too frequent these days. All they achieve is to create bad air. IMHO

Lots of suitable sub-forums on PH: News, Politics & Economics - PistonHeads
 
*** said:
These threads drone on and on and end up closed. We've had heaps of these tiresome sanctimonious debates on here.
Click to expand...

You are of course entitled to your opinions. Others are entitled to theirs.
Or are they?
 
WesLangdon said:
BBC News - Barclays bank pays 428 employees more than £1m

There was a time when the UK's economic system was regarded as revolutionary and to quote able to save us from "the idiocy of rural life"
Now our post manufacturing economy rewards people who serve no useful function whatsoever...a sort of inverse evolution. Bricklayers, carpenters, engineers out of work and we overpay people who are essentially saprophytes.
Click to expand...
I dont see what the problem is unless your a Barclays major shareholder, no taxpaper had a choice with bail out so whatr can you do. Bricklayers etc are not out of work solely down to bankers the politicians and cheap labour is the issue leaves the bankers alone.
 
ashadam said:
I dont see what the problem is unless your a Barclays major shareholder, no taxpaper had a choice with bail out so whatr can you do. Bricklayers etc are not out of work solely down to bankers the politicians and cheap labour is the issue leaves the bankers alone.
Click to expand...

Virtually the whole of the Great British public are outraged by the sums paid to bankers and the pernicious role they play in our economy, their greed makes them are easy targets. The "Fat Controller" doesn't like any reference to this because he works in the casino himself.
 
Yet noone bats an eyelid over Footballers who run around for a couple of hours each day 'working' and then for 90mins at the weekend, yet earn far more than bankers per year... in a week.
 
KillerHERTZ said:
Yet noone bats an eyelid over Footballers who run around for a couple of hours each day 'working' and then for 90mins at the weekend, yet earn far more than bankers per year... in a week.
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Big difference. They are being paid out of funds built up by corporate sponsors, TV money and supporters all willingly paying their money
 
*** said:
These threads drone on and on and end up closed. We've had heaps of these tiresome sanctimonious debates on here.

I wished people never started them or if they felt the need to start them did it on another forum.
Click to expand...

Yeah but people choose this forum then they should be able to discuss their thoughts here in "off topic"? if they are forced to disuss these things elsewhere then why be a member here in the first place? The thing I most like about this forum is that its not just all about mercs. Especially when people sell their merc for an alternative brand the general opionion is "stick around".
 
Maybe threads about banking should be banned.
 
SilverSaloon said:
Yeah but people choose this forum then they should be able to discuss their thoughts here in "off topic"? if they are forced to disuss these things elsewhere then why be a member here in the first place? The thing I most like about this forum is that its not just all about mercs. Especially when people sell their merc for an alternative brand the general opionion is "stick around".
Click to expand...

MB Club UK bring together mercedes enthusiasts. Indeed if all they want to discuss is OT issues here, I'd prefer if they left altogether.

perhaps it should be changed to MB Club UK bringing sanctimonous socialist wind bags together.
 
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I like threads where people discuss issues beyond the wheelbolt.

I like pretty much everyone who takes part on this board.

I enjoy the breadth of opinion and expertise

Don't drive them off

Without them you have nothing worth visiting.

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*** said:
MB Club UK bring together mercedes enthusiasts. Indeed if all they want to discuss is OT issues here, I'd prefer if they left altogether.

perhaps it should be changed to MB Club UK bringing sanctimonous socialist wind bags together.
Click to expand...

There you go again bringing politics into it. Why couldn't you have said sanctimonious wind bags instead?
 
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Harrythedog said:
Big difference. They are being paid out of funds built up by corporate sponsors, TV money and supporters all willingly paying their money
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The bank doesn't charge me for my credit cards, debit cards, online banking, mobile banking, making regular payments, or any other facility I use with the exception of a mortgage with a next-to-nothing interest rate, which even thenis offset against credit balances, so I must cost the bank more than they might earn from me.

And i don't think i'm alone. Maybe those who invest through banks or choose to borrow money on a larger scale earn the bank more money, but it must have been an acceptable amount or else those individuals would have chosen not to invest or borrow.

So the profits must come from elsewhere, maybe corporate customers, TV companies, and other supporters who all willingly pay their money. They not only fund the profit and bonuses, but also cover the cost of the banking system for individuals, and I'm grateful that they do.

But of course we do all pay, because it's society that buys goods and services from corporate organisations and the businesses who buy advertising space from the TV companies, and provide the income to the other supporters who in turn pay their money. To the bank. Or was it the football club? Of course it's both.
 
How much?

How much tax does the money they don't avoid paying contribute to the economy?

I don't like paying tax I don't have to pay either, but I have no qualms paying what I am obliged to. Most people and organisations seem to take a similar stance.
 
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