Archive for the ‘Political’ Category

Labour may have just chosen who I vote for

Wednesday, April 28th, 2010

Looks like Ken Clark (a Conservative MP for those not in the UK) decided to say the Labour party did something right.

Immediately the Labour party jumped on this as if he has been saying hisown party makes all the wrong decisions.

Way to go polarising parties and damaging the ability of parties to co-operate. I mean, what the hell is that all about. Yes politics is supposed to be confrontational, but when someone says you were right, you then go put their backs up by crucifying them. How DUMB are you.

So add that to the David Davis civil rights stand, and, even though I think a lot of their policies are hot air and they really do have a fine are of pulling numbers out of their ass, the Conservatives just increased their chance of getting my vote, to the detriment of Labour.

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Banking Bonuses

Wednesday, March 31st, 2010

Well, the armchair drivers of the country who think they know everything. Lets look at your latest screwup.

The banking sector has been having a bad time. They made some bad decisions, and lost a lot of money, but let us look at why.

1) Companies traded on the stock exchange are legally obliged to maximise profit for investors. This means that they have to take risks and try and do whatever they can to make profit.

2) When the banks got into trouble, because of point 1), everyone blamed the bank bosses. The same bank bosses that had made huge profits for the last 15 years, because this year they were hit with problems caused by a global economic crisis that, lets face it, the armchair critic didn’t see coming any more than the top financial analysts in the world, then suddenly these bosses are ‘useless’. Really, because they have a failure rate of just over 6.5%. I bet that the VAST majority of people in the country don’t keep out of their overdraft for 15 years.

3) So, the bank bailout. Oh my god how can the government step in and spend billions of our tax money to save banks that screwed up? Well, because if they didn’t the following would happen:

  • Everyone who has money in the bank would lose it. Sure they get it back through the banking insurance system (up to a limit), but who do you think pays for that? The taxpayer. You pay for it either way.
  • Once you let one major bank fail, you lose a lot of confidence in the sector. Other banks become at risk and possibly fail. More expense for the insurance payouts. OR, you realise you need to save the banks, but now it is much more expensive due to weakened conditions compared to if you had saved the first one
  • Allowing a banks to fail, lets take RBS for example, would lead to 141,000 redundancies, right there, 141,000 people out of work, claiming benefits and not paying taxes. Who pays for these benefits, the taxpayer. Who gets hit with higher taxes to make up for the shortfall of 141,000 well paid people? The taxpayer.
  • The RBS investment bank division made 5 billion in profits last year. That means about 1.4 billion in tax revenue, plus about 3 billion in increased value of the company. That is about 120 pounds per taxpayer last year that the government didn’t have to find elsewhere. That is money you get to keep.

So now we come to the main point of the article – bank bonuses.

Everyone is screaming how bank bonuses should be suspended because of the problems. RBS cut bonuses and people left. Who cares right, they were the greedy ones.

Yeah until you look at the numbers. They cut 400 million in bonus payments and lost staff who they expected to make profits for the company of 1bn

That is a net loss of 600 million pounds. Money that is lost from a company that the taxpayer owns. Because the armchair expert decided they knew best. And thanks, you cost every taxpayer in the country about £20 right then and there. Thanks for that.

The banking sector is incredibly complex. The more we stop rewarding success, the more this sector, and every other with that attitude, suffers. Rewarding success is the only way to ensure success. If we lose the strong banking sector that the UK has, we become a third rate power. You can expect to see 10 million unemployment, and getting handouts from the IMF, because it is our biggest industry, and if we don’t protect it, we as a country are screwed.

So, before you become an armchair expert – remember this one fact

YOU AREN’T AN EXPERT, YOU DO NOT KNOW WHAT YOU ARE TALKING ABOUT. STOP KNEE-JERKING OUR COUNTRY INTO OBLIVION!

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FFS – Facebook is NOT dangerous!

Thursday, March 18th, 2010

I cant believe the hassle facebook is getting for the fact that one person was killed after being tricked into meeting someone they shouldnt have, and how facebook is being dragged through the mud over it.

ONE PERSON!

Lets look at the stats shall we.

Facebook has 400 million users

Average user spends 55 minutes a day on facebook

The average age of a Facebook user is a bit over 25, so lets say that, on a curve, 15% of users are in the ‘at risk’ age group.

That means 60 million hours of facebook time for kids.

That would mean, as an equivalent, of all the recreation time of all the children in the UK. And one – ONE gets killed. Compared to the much higher number that vanish through means such as walking through a park, or getting into the wrong car. Do we force car manufacturers to add safeguards. Hows about park owners (the government themselves). No. Sure, keeping kids safe is good, but THEY ARENT MADE OF GLASS. You do not need to overprotect kids, just be sensible! Just because it is THE EVIL INTERNETS, it is – looking at those – SAFER for them to be on facebook than roaming the streets.

Get off of facebooks case, deal with REAL PROBLEMS in the world rather than new companies who are easy targets for public outrage because it is a vote winner.

UK Government – YOU SUCK.

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Compulsory Dog Insurance

Tuesday, March 9th, 2010

In the latest example of disassociated thinking, the government is proposing mandatory insurance for all dogs in the UK. This is to provide compensation for people that are attacked, and is supposed to deter people from owning dangerous dogs.

Hold on, what?

You deter people from owning dangerous dogs by making them pay a small premium to move the responsibility elsewhere? Wow, let me get TWO dangerous dogs, I am not at risk of financial penalty any more!

And tell me, WHY should the owners of mild mannered dogs, and the owners of Yorkshire terriers that, even though they are viscous little buggers, couldn’t even break the skin on most people without a week of effort, pay for the problems caused by pitbull owners?

YOU ARE DOING IT WRONG!

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Chocolate Tax

Thursday, March 12th, 2009

The UK is currently considering a tax on chocolate, apparently as a way to reduce health problems caused by an overweight population.

Obviously as taxes on smoking and drinking worked (yeah right), this is going to work just about as well. Or lets face it, this is just yet another way of the government to tax people and say its for ourown good. On the plus side, no government will be able to pass a law like this without being chucked out of office next election. YOU DONT MESS WITH OUR CHOCOLATE!

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Custarding of Mandelson

Friday, March 6th, 2009

A protester seems to have, today, thrown a load of custard powder at a British MP in protest about a new runway at Heathrow. She is reported to have said that members of the government were ‘unaccountable to the public and had sided with big business against the interests of the public’ in the matter of building a new runway.

Hold on, do you want to THINK for a moment you stupid stupid woman. If UK businesses in the area need a third runway, what do you think they need it for? Plane-spotting? Do you think we just have too much concrete and need to get rid of some? Or is it possibly for business reasons, making these businesses able to do more business which will make them able to grow and to – wait YES – EMPLOY MORE PEOPLE. Because obviously employing more people is bad for the ‘interests of the public’, cos we’d all love to be unemployed.

Just because some hundreds of people may be inconvenienced, maybe some of them will have to move house, think of the millions who will benefit. The jobs, the economic boost, and people able to feed their children. Now stop being so selfish about a strip of concrete and do something useful with your life, protest on sensible things when you have thought them through to the end of the process, rather then running screaming into the attack every time you have a kneejerk reaction about the first stage of a process!

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