Alan's Thunks

Tuesday, February 24, 2015

Bankers Bonuses

  This morning on the news there was some good news, The government has just announced that it is giving £3 million to help research on on prosthetics. Trying to improve the feeling in artificial limbs. Obviously this is good and I wish the researchers well. But we should get this in perspective, £3 million sounds a lot of money but it wouldn't by the bonus for the chief executive of HBOS, who has salted it all away in some offshore fund.

  How can a banker be worth more that serious research into helping people. At the sort of rewards that bankers are given, it would be hard to use the word earn, they must be classified as leeches on society. How have we allowed our society to drift into this situation? Are we all sleep walking into a nightmare without realising it? I am not sure I know the answer but my suspicion is that those with excessive amounts of money can spend a lot of it buying propaganda to tell us that they are need it and it would all be a disaster if they didn't get it.

 We have to believe that  advertising and propaganda work as most firms spend a lot of money. Once the rich are rich it is easy to stay rich. If you get a £5 million bonus and waste half of it you are still rich.

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