Thursday 26 November 2009

Accountability - charities and banks

Charities publish detailed accounts, and as recipients of millions of pounds' worth of public money, declare the salaries of staff earning over £50,000 a year. Meanwhile, UK banks receive BILLIONS of pounds of taxpayers' money and won't declare details of staff who earn over £1 million a year. Hmmm, something inequitable there, don't you think?

Furthermore, for what reason will banks not declare their over-paid employees' income? Because, they say, such practices may drive them abroad. Yes, you have it right, the last thing we want to do is lose those fantastic employees who contribute, and have contributed, so much to the UK's wealth. Yes, those high-powered-high-fliers are just what the UK economy needs, after all it wasn't their fault that the banks collapsed and dragged the whole world into a recession, was it? Oh, it was? Sorry, I must have missed something.

In that case, why don't we just publish their names and drive them abroad, because actually the UK doesn't need people like that at all, bye bye - or if that's too upsetting at least threaten to unless they are prepared to donate their millions to charities.

Arrogant greedy bastards.