Saturday, 8 July 2006

Sir Fred Goodwin's obscene deal!

On 27 February 2009, The Daily Express reported thus:
"FAILED BANK BOSS SIR FRED GOODWIN VOWED TO CLING ON TO AN ‘OBSCENE’ PENSION DEAL WORTH NEARLY £700,000 A YEAR.

IN A DELIBERATE SNUB TO TAXPAYERS FORCED TO PAY FOR HIS BANKING BLUNDERS, THE FORMER ROYAL BANK OF SCOTLAND CHIEF REFUSED TO GIVE UP A SINGLE PENNY OF HIS COLOSSAL £16MILLION RETIREMENT POT.

The 50-year-old bank boss’s £693,000-a-year deal is equivalent to £13,300 a week or £1,903 A DAY FOR THE REST OF HIS LIFE.

In an extra ordinary letter last night, he said HANDING BACK ANY CASH WAS ‘NOT WARRANTED’. And in a potentially devastating blow for the Government, the disgraced banker claimed that HIS HUGE PAYOUT WAS APPROVED BY A GOVERNMENT MINISTER.

His stubborn refusal to hand back any OF THE PENSION FUND NOW BEING PAID FOR BY TAXPAYERS came despite the revelation of a £24.1BILLION ANNUAL LOSS BY ROYAL BANK OF SCOTLAND – THE BIGGEST IN BRITISH CORPORATE HISTORY."
'£1,903 a day for the rest of his life.' No matter how many times we shake our fists at him, Frederick Alexander Goodwin will be rolling in our clover forever. And he doesn't have to lift a finger. Most of us would be happy to work all the hours God sends for £1,903 a month, never mind a day!

Gordon Brown and his Ministers may and huff and puff on camera but, out of the media spotlight, they will never make this kind of criminal pay for his crimes. After all, if the bankers were hauled before the courts, what would happen to the politicans who encouraged them to behave as they did in the first place? What would happen to THEIR gold-plated pensions if Sir Fred gets his taken from him?

If Westminster was serious about Goodwin and co. not being allowed to profit from their incompetence, they would introduce legislation to deal with the matter. But they won't. Our political masters have their snouts every bit as deep down in the trough as the banking elite does. In fact, as often as not, it is the Sir Fred type whose money ensures that only his kind of politician ever gets to slither to the top of the greasy pole.

The very same politicians that make such a great show of being as outraged as the rest of us now, will, when the time comes, protect the unscrupulous financier (and his ill-gotten gains) from the righteous fury of those they fleeced. We all know this, don't we?

What would I do to Fred Goodwin if I was the boss? I'd arrest him and charge him with treason. (The laws would have been changed to mean treason against the British people as opposed to treason against the Crown and the Government) He would be found guilty, stripped naked and caned fifty times. This process would be filmed and shown on cinema screens up and down the land, so the rest of us could have a bloody good laugh as, for once, the bad guy got his.

All his worldy goods and chattels would be seized and, after he had recovered from the judicial thrashing, he would spend the next ten years of his life slaving for the rest of us down the mines and/or in the newly reconstituted factories.

I think, if this was done, a deeply bad man might just learn to appreciate the value of a life led well. If, however, he was just as nasty when he came out as he was when he went in, well, I can assure you that the scars on his a***, the callouses on his claws and an empty bank account would make the most kleptomaniacal wallet-stuffer think twice about robbing a dead dog. You have my word on that.

What would you do, ladies and gentlemen? What would you do with all the Fred Goodwins? Would you have them protected by the state?

Or punished?

Would you do as I WOULD or THEY WILL?

A wise man once said:

"If you always do what you always did, you'll always get what you always got."
Those you keep on voting for got us into this mess, folks. New Labour favoured a corrupt and self-serving financial elite over the great mass of decent British people, just as the Tories did before them. If you would have the politicians punished alongside their banker pals,

You know where we are.

Pictured above is a bloke who doesn't appear to be crying all the way to the bank.

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