SuperTax of 50% on Bankers Bonuses!!
10 December 2009, 01:30 PM
#62
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As for your comments about the tories...
How can anyone possibly do a worse job than the current bunch of numpties? We are taxed on everything we enjoy in an effort to control us. And you think Labour is a party for the 'working man' now?
Priceless. Taken in by Labour's 'brainwashing'... that thing they all seem to do when they address people. Not a single ounce of sincere emotion in their eyes as they spout popularist drivel.Farcical.
10 December 2009, 01:32 PM
#63
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Seriously you two, this is a pathetic interchange, even by your own low standards.
You keep banging the popularist drum with the rest of the monkeys
You keep banging the popularist drum with the rest of the monkeys
10 December 2009, 01:46 PM
#64
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Who would you rather have operating the monkey?
a. The Eton Boyz, wet-behind-the-ears and with vast personal fortunes?
or
b. The experienced statesmen who are Brown and Darling?
I certainly don't want any private schoolboy pulling my monkey!
http://i.dailymail.co.uk/i/pix/2008/...25_468x653.jpg
a. The Eton Boyz, wet-behind-the-ears and with vast personal fortunes?
or
b. The experienced statesmen who are Brown and Darling?
I certainly don't want any private schoolboy pulling my monkey!
http://i.dailymail.co.uk/i/pix/2008/...25_468x653.jpg
10 December 2009, 02:39 PM
#65
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Looks like Darling has made a c*ck-up of the rules on bonuses as well. Usual story - rules too loose ... Bankers prepare to open Christmas boxes at Easter to avoid windfall tax - Times Online
"... Roy Maugham, tax partner at UHY Hacker Young, said: “This is one of the most easily dodged taxes in years. Almost all banks will be able to put off formal agreements on bonuses until after April. The ease with which this tax can be ducked raises the question of whether this is a political move to appease voters rather than a genuine attempt to raise money for the Treasury.” Lord Oakeshott of Seagrove Bay, the Liberal Democrat Treasury spokesman, said: “Bank remuneration committees will have driven a coach and horses through this by teatime. This was a cheap stunt dreamt up in No 10 which the Treasury resisted because they knew it was unworkable.” ..."
I think if I was a banker I'd be laughing my socks off!
Dave - I said *banker*!!
"... Roy Maugham, tax partner at UHY Hacker Young, said: “This is one of the most easily dodged taxes in years. Almost all banks will be able to put off formal agreements on bonuses until after April. The ease with which this tax can be ducked raises the question of whether this is a political move to appease voters rather than a genuine attempt to raise money for the Treasury.” Lord Oakeshott of Seagrove Bay, the Liberal Democrat Treasury spokesman, said: “Bank remuneration committees will have driven a coach and horses through this by teatime. This was a cheap stunt dreamt up in No 10 which the Treasury resisted because they knew it was unworkable.” ..."
I think if I was a banker I'd be laughing my socks off!
Dave - I said *banker*!!
10 December 2009, 02:43 PM
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10 December 2009, 03:03 PM
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Looks like Darling has made a c*ck-up of the rules on bonuses as well. Usual story - rules too loose ... Bankers prepare to open Christmas boxes at Easter to avoid windfall tax - Times Online
"... Roy Maugham, tax partner at UHY Hacker Young, said: “This is one of the most easily dodged taxes in years. Almost all banks will be able to put off formal agreements on bonuses until after April. The ease with which this tax can be ducked raises the question of whether this is a political move to appease voters rather than a genuine attempt to raise money for the Treasury.” Lord Oakeshott of Seagrove Bay, the Liberal Democrat Treasury spokesman, said: “Bank remuneration committees will have driven a coach and horses through this by teatime. This was a cheap stunt dreamt up in No 10 which the Treasury resisted because they knew it was unworkable.” ..."
I think if I was a banker I'd be laughing my socks off!
Dave - I said *banker*!!
"... Roy Maugham, tax partner at UHY Hacker Young, said: “This is one of the most easily dodged taxes in years. Almost all banks will be able to put off formal agreements on bonuses until after April. The ease with which this tax can be ducked raises the question of whether this is a political move to appease voters rather than a genuine attempt to raise money for the Treasury.” Lord Oakeshott of Seagrove Bay, the Liberal Democrat Treasury spokesman, said: “Bank remuneration committees will have driven a coach and horses through this by teatime. This was a cheap stunt dreamt up in No 10 which the Treasury resisted because they knew it was unworkable.” ..."
I think if I was a banker I'd be laughing my socks off!
Dave - I said *banker*!!
10 December 2009, 03:10 PM
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While we are talking schools ..... "David Cameron was embarrassed yesterday when a Conservative-controlled council admitted it was considering plans to subsidise the fees of children attending private schools if their parents lose their jobs" 
Amazing, but not surprising.
Not forgetting, of course .... "Mr Cameron was forced on to the defensive after the outspoken Tory MEP Dan Hannan declared that the National Health Service was "a 60-year mistake" ......
and Alan Duncan, the shadow Commons Leader, complained that MPs were "on rations" after disclosures about their expenses.
Slips show which side of the fence the Tories are positioned - don't be duped people!
Amazing, but not surprising.Not forgetting, of course .... "Mr Cameron was forced on to the defensive after the outspoken Tory MEP Dan Hannan declared that the National Health Service was "a 60-year mistake" ......
and Alan Duncan, the shadow Commons Leader, complained that MPs were "on rations" after disclosures about their expenses.
Slips show which side of the fence the Tories are positioned - don't be duped people!
10 December 2009, 03:29 PM
#72
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Dave
10 December 2009, 03:39 PM
#73
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Pete has indeed sunk to a new low in the credibility stakes on this one. Perhaps the admin team should add a "health warning" to his posts.
Something along the lines of "the content of this post may be even more far fetched than it first appears, surprising as that may seem"
The irony of his criticism of people not understanding basic politics and economics
Something along the lines of "the content of this post may be even more far fetched than it first appears, surprising as that may seem"
The irony of his criticism of people not understanding basic politics and economics
10 December 2009, 03:42 PM
#75
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God we need a successful banking sector
But is there no sense of a debt owed – contrition etc
Listening to Dame Angela Knight you would hardly believe we were bought to the edge of total financial meltdown, just a year ago
It would seem a bit rich to most people to think of bankers sitting giggling at how easy the Tax is to avoid
10 December 2009, 03:47 PM
#76
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10 December 2009, 03:49 PM
#77
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As i've said many times though, hodgy (to deaf ears mainly), this was a single product that caused an avalanche of chaos.
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
10 December 2009, 04:04 PM
#79
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As i've said many times though, hodgy (to deaf ears mainly), this was a single product that caused an avalanche of chaos.
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
It is the perception of bankers/banking rather than the reality -- I can understand that
And that the actual facts get lost is a sea of tabloid hysteria
Perception though works both ways, we are led to believe all immigrants are spongers and everyone on benefits is a scrounger
I do not subscribe to either view
10 December 2009, 04:21 PM
#80
These are the very same Bankers who took the world to economic collapse.
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
These are the very same Bankers who took OUR money to save themselves.
These are the very same Bankers who are now claiming the benefit for making money (when a monkey in a straightjacket could make money in this market).
These are the very same Bankers who are using OUR money to gamble.
These are the very same Bankers who should be working for FREE and be glad that we haven't lynched them in the street!
"Please remember the value of your investment can go down as well as up and you may get back less than you invested."
10 December 2009, 04:49 PM
#82
10 December 2009, 04:58 PM
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10 December 2009, 05:20 PM
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As i've said many times though, hodgy (to deaf ears mainly), this was a single product that caused an avalanche of chaos.
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
10 December 2009, 07:51 PM
#86
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10 December 2009, 08:29 PM
#87
As i've said many times though, hodgy (to deaf ears mainly), this was a single product that caused an avalanche of chaos.
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
I, and most bankers, have never traded asset backed securities.
I, and most bankers, have never repackaged uncertain cashflows into an "exotic" product.
I, and most bankers, have never mis-marked their books.
I, and most bankers in the City, have never made a penny from the public at large.
I, and most bankers, don't hold assets we can't liquidate.
I, and most bankers, don't work for banks with incompetent Boards.
I could go on.
But no, we're all "bankers", we're all "greedy", we're all "to blame". It's bloody ridiculous.
But you don't sell many papers by telling the boring facts
10 December 2009, 10:00 PM
#88
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The banks have had a part to play, but it's the bloated socialist economy Labour have created that's holding the UK back. Haven't heard anyone gloating about how great Labour are at the UK still being in recession when most others are out, or about how we're rapidly sliding down the league table of economies, or how our kids are going to have to pay for the huge debts they've built up or........nope, silence. We need a change of government to stop these deluded ******* doing any more damage.
Gordo
Gordo
10 December 2009, 10:18 PM
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10 December 2009, 10:31 PM
#90
The steel industry has been in decline for decades. It was only a matter of time before Redcar went the same way. Competition and cheaper steel is available overseas saw to that. But the number of people and business who defaulted on loans and mortgages may have accelerated the downfall.