That's fucking stupid

Posts Tagged ‘credit crunch’

A little birdie told me recently that a large bank in the city is due to announce another record quarter of profits, and with that another round of record bonuses will follow. The Daily Heil will no doubt bleat on about fat cats and that sort of thing but here’s why they should just sit quietly in the corner with a large box of shutthefuckup.

In the first quarter of this year the bank in question made £1.2bn profits and set aside half of that for bonus payments. It’s fair to assume that as my source described both the profits and the bonus this quarter as record breaking it will be in excess of that figure. The bonus pool for the year is rumoured to be as much as £14bn.

And around five and a half billion of that is going straight to the treasury.

That’s a lot of schools and hospitals.

Or it’s payback of about 3% of the national debt that Gordon has kindly run up for us.

Someone had to say it…

Lord Myners, Financial Services Secretary:

There is still the option for Sir Fred to do the right thing

Yes, yes there is. There is also still the option for criminals to hand themselves in, benefit cheats to hand back the cash, Gordon Brown to resign and George Bush and Tony Blair to set themselves on fire in downtown Fallujah.

“Treasury spokeman” quoted in the Daily Mail

The UK goes into this recession with low debt by international standards.

The small minded fools of the Daily Mail keep insisting that our government has broken Britain. Numerous articles on the decline of morality point the finger squarely at the British parliament for not protecting us from this and that. I recently read an article which was referred by a twitterer and I was amazed to find that 6% of under 12 girls have apparently had sex. Combine this with the story of little Alfie who got his girlfriend up the chuff when he was only 12 (even though he looks about 8, who’d have though he had it in him?) and the picture is pretty bleak.

But here’s the thing…

A few isolated incidents of extremely young kids having sex does not constitute a moral decline and 6% of teenage girls saying that they have had sex does not mean it’s true. Even if it is, 6% is pretty small and not really representative of society. Even if there were kids fucking all over the place it would not be the fault of the government and labelling it so does not improve the situation.

Personal responsibility is undermined every time someone blames “Broken Britain” for the problems of obesity or teenagers humping like rabbits. Kids are fucking because their parents are negligent; blaming it on Broken Britain just takes away the individual responsiblity and allows the teenage moms and pops to absolve themselves of the responsibility for their predicament.

Now we have a ‘credit crisis’ which means that rather than sitting at home watching Jeremy Kyle because they can’t be arse to work, the great unwashed masses can whine about how they can’t get a job and it ain’t their fault. All the while their teenage kids will continue to fuck like rabbits because their parents are not telling them they can’t.