I don't fully understand the ins and outs of the banking malarkey that has been going on. My banking involves using a cashpoint, so the only time a crisis occurs is if I am so inebriated I have forgotten my pin number. And usually the only way banking and interest enter my head is in the sentence 'I have no interest in banking' .
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| Under their masks all bankers look like this... |
However I find I am increasingly interested in banking lately, or bankers, and their apparently without morals urge to earn ever increasing pots of cash. In my mind bankers are like Golem, weird hunched creatures in corners grabbing every piece of digital gold they can and clutching it close to them while gibbering about precious things. People so driven by the pursuit of cash over everything are hardly going to care about a lost generation of youth with no jobs, or pensioners savings becoming worthless, or any of the other ways banking is screwing the rest of us. They don't care because the unemployed youth, and the pensioners hit by low interest on their modest savings do not have enough money for them to be deemed of any value to the banker.
Even the ones who have been caught out seem to be compensated for their wrong doings with large pay offs. I am thinking that perhaps the way forward is that each time a bank/banker is found to have broken a banking code, or behaved in an immoral, misleading or downright dishonest fashion then we should increase the personal tax that those involved pay by 1%, for the rest of their life. At least that way we can start as a country to claw back some of the riches their grasping behaviour is being rewarded with. And if they carry on doing naughty things, then another 1% for each infringement. In fact, sod it, why stop at 1%, why not 5 or 10%... I don't know if that's feasible but at least it would hurt them in the only way they seem to care about.
Miss Cisco
What you say is obviously completely right, and I'm with you- 99% of the way. The other 1% is reserved for me and my lowly colleagues who haven't done anything wrong, but face daily abuse because of something these 'Gollum' types have done (love that by the way- preeeeeeeeeeecious).
ReplyDeleteI am with you on the tax increase, but it must be kept personal to individuals and stop being used to punish banks as a whole. I have personally lost a lot of my savings and pension contributions because of the way the government have deemed they 'put this right'.
And fin!
*dismounts high horse*
Absolutely- I direct only at the high earning non caring arse, not your average bank branch staff, and am sure there are a fair proportion of city bankers who stay within the rules too. And yes, I definitely mean their personal tax!
DeleteAnd I am sorry that people are daft enough to abuse people who clearly are not to blame, poor you lot xx
It's so unfair that ordinary savers and banking customers, and high street bank staff, have been so badly affected by the so-called casino investment bankers.
ReplyDeleteThe thing is: they do make money for the City, if only that was translated in taxes the Government could use :-)
Great post. Love the no interest in banking line. And I am in full agreement!
ReplyDeleteI really, really don't understand how certain people can think the work they do is worth so many times more than the work most people do. Particularly when the results are so bloody disastrous.
ReplyDeleteI like you're thinking, certainly better than sacking them and then they get a few million pounds in compensation. Having worked in a corporate treasury for the last 7 years I've had a lot of contact with bankers and while there are many nice and genuine ones I certainly met some sleaze bags.
ReplyDeleteSome of the money making ideas they came up with were truly mental and it never ceased to amaze me that so many people couldnt see that it was a house of cards waiting to fall.