Friday, 13 July 2012

  • AvatarYou posted a comment in Let the moaning end and the Games begin · 20 hours ago
    They don't call you whingeing Poms for nothing, mate..
  • AvatarYou posted a comment in Andreas Whittam Smith: We could tax all over 50s to pay for old age · 2 days ago
    Just looking for an explanation: if an older person has to move into a care home and the state subsidises them so that they can keep a house that they no longer need, is that not a state subsidy of an someone else's inheritance? Or a subsidy to keep houses empty? (I do accept the logic, both social and economic, for someone who has the possibility of moving back out of the care home.)
  • AvatarYou posted a comment in Diamond to get £2 million pay off · 4 days ago
    Good for him. That is what i call real commitment to damage limitation and protecting the brand of your employer.
    One of the most difficult things to do in business is to create incentive schemes. There are always unintended consequences as the incentivised learn ways to game the system. We almost all think that profit is a good idea - both for our own portfolios and as a measure of how well a business is doing. But when profit is the main or only determiner of employee reward, do not be surprised if profit is sought by any means necessary.
    The real question one asks oneself is: how did the market come to rely so heavily and pin so many financial outcomes on self-report data? Was it that we thought a banker 's word is his bond or was it just that we were unable (or unwilling or too lazy) to demand hard data?

  • AvatarYou posted a comment in Tories plan to axe pensioners' benefits · 4 days ago
    "The Prime Minister has previously opposed such cuts because he promised during the 2010 election campaign that a Conservative government would retain them."
    Yeah, but it was only a promise to old f@rts, so who cares. Besides, we oldies have outlived our usefulness, so if you can starve or freeze us, we'll be gone sooner. ...and TV just rots our brains anyway. Do keep the bus passes though, without the fuel allowance, public transport is the only warm place left to sleep.
    Of course, that kind of deprivation is unknown to the filthy rich amongst us (those making 11 thousand a year) who can just stay at the Ritz whenever it gets cold.
    Still, he is right, we old fogies should bear some of the pain. I've got it: how about we take a cut of the same percentage of our income as parliament plans to drop their own salaries by. Would that be fair?

  • AvatarYou posted a comment in Cameron accused of breaking election pledge to increase NHS spending · 7 days ago
    This is outrageous! We want MORE money spent on the NHS every year, as long as it comes from someone else.

  • AvatarYou posted a comment in Government plan to force ISP backups of emails could lead to leaks, warns cyber security expert · 7 days ago
    Well, I don't see what is wrong with this - provided the post office is also required to open every letter and scan it into a file.
  • You posted a comment in Bob Diamond could receive £30 million payout despite being forced to resign as Barclays chief executive · 10 days ago
    Either he knew - and should be fired for allowing it to continue or he didn't know - and should be fired for lack of control. Either way, pay him what he is owed under his contract, unless you want to continue the image of Barclays as a bunch of cheaters.
    PS: the 30 million figure is made up out of whole cloth to get a nice headline. As they say in the movies: any resemblance between this number the real payout is purely coincidental

  • AvatarYou posted a comment in What if Britain left the EU? · 11 days ago
    When considering a binary proposition, it can help to turn it on its head: How would you feel if the EU expelled Britain and what would be the consequences?
  • AvatarYou posted a comment in What if Britain left the EU? · 11 days ago
    "The EU has to date disposed of two democratically elected nation state Prime Ministers, replacing them with two unelected Brussels’ placemen, ignores voters wishes, (as seen from the Irish referendum) and threatened Greece with expulsion..."      So, not all bad then.
  • AvatarYou posted a comment in How to spend it like the Queen? Try a £1m asbestos bill · 11 days ago
    How dare she! Follow the law and protect workers in a house she does not own but is required to live in? Spend public money on a public building? What cheek!

  • Avatar
    You posted a comment in Insurers loses Supreme Court appeal over fraudulent injuries claim · 16 days ago
    Clear message: "Go ahead and lie - you might win big and even if you get caught, you'll still get a reward

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