Happ Hazzard Posted March 23, 2013 Share Posted March 23, 2013 Private sector workers are on average paid less, work longer hours, and have fewer days off than public sector workers. The financial sector makes up a tiny fraction of the private sector. Whereas the problems with the public sector go right across the board. Link to comment Share on other sites More sharing options...
ricgem2002 Posted March 23, 2013 Share Posted March 23, 2013 Here's an odd fact, most of the private sector are not bankers. but the ones who are some will have caused this mess Link to comment Share on other sites More sharing options...
Happ Hazzard Posted March 23, 2013 Share Posted March 23, 2013 Bankers didn't cause this mess. Labour did. Link to comment Share on other sites More sharing options...
ricgem2002 Posted March 23, 2013 Share Posted March 23, 2013 Bankers didn't cause this mess. Labour did. not that old chestnut again Link to comment Share on other sites More sharing options...
alchemist Posted March 23, 2013 Share Posted March 23, 2013 Here's an odd fact, most of the private sector are not bankers. This is true, but then again the government didnt spend a fortune bailing out the rest of the private sector did they? Or did I miss something?? ---------- Post added 23-03-2013 at 16:52 ---------- Bankers didn't cause this mess. Labour did. Really????? So we didnt spend a fortune bailing out banks to have them stick two fingers up at us and still continue to award themselves outrageous and totally unjustified bonuses? Bonuses it seems that WE the taxpayer are paying to them!! Are we supposed to applaud this behaviour? Well, clap, clap. There you are. Happy now? Link to comment Share on other sites More sharing options...
Supertramp Posted March 23, 2013 Share Posted March 23, 2013 This is true, but then again the government didnt spend a fortune bailing out the rest of the private sector did they? Or did I miss something?? ---------- Post added 23-03-2013 at 16:52 ---------- Really????? So we didnt spend a fortune bailing out banks to have them stick two fingers up at us and still continue to award themselves outrageous and totally unjustified bonuses? Bonuses it seems that WE the taxpayer are paying to them!! Are we supposed to applaud this behaviour? Well, clap, clap. There you are. Happy now? The post was comparing private and public sector wastage, you the compared public sector and bankers. Which I was pointing out. Also for the umpteenth time we did not bail out Barclays and fwiw the banks should have been allowed to go bust but then people would have complained about that and people complained when they couldn't get a mortgage which resulted in sub prime mortgages and so on and so on. Link to comment Share on other sites More sharing options...
SevenRivers Posted March 23, 2013 Share Posted March 23, 2013 It's not pathetic to question the money flying around in a market that has been stabilised and subsidised by national money. Barclays weren't saved directly themselves, but they've profited and benefited from the QE and the pool of government backed credit open to the banks. It's nationalised risk and privatised profit. I agree with this post by Chris_Sleeps but just to add an excessive bonus culture can also lead to a culture of excessive risk taking which can bring down the bank and adversely affect other banks and the wider economy. So yes we definately do have an interest in what banks are up to and what they pay, privately owned or not. Link to comment Share on other sites More sharing options...
Mister M Posted March 23, 2013 Share Posted March 23, 2013 I agree with this post by Chris_Sleeps but just to add an excessive bonus culture can also lead to a culture of excessive risk taking which can bring down the bank and adversely affect other banks and the wider economy. So yes we definately do have an interest in what banks are up to and what they pay, privately owned or not. A very sensible post, well said Link to comment Share on other sites More sharing options...
Supertramp Posted March 23, 2013 Share Posted March 23, 2013 I agree with this post by Chris_Sleeps but just to add an excessive bonus culture can also lead to a culture of excessive risk taking which can bring down the bank and adversely affect other banks and the wider economy. So yes we definately do have an interest in what banks are up to and what they pay, privately owned or not. Vote with your feet, I did. I still don't want the government regulating the pay of a private company. http://www.moveyourmoney.org.uk/where-can-i-move-my-money-to Link to comment Share on other sites More sharing options...
ricgem2002 Posted March 23, 2013 Share Posted March 23, 2013 Vote with your feet, I did. I still don't want the government regulating the pay of a private company. http://www.moveyourmoney.org.uk/where-can-i-move-my-money-to and most people dont want private companies getting bailed out by taxpayers money Link to comment Share on other sites More sharing options...
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