Friday, 27 February 2009

Fred Goodwin, the Post Office and Current Insanity

Fred Goodwin's massive payout is an affront to every taxpayer in the country. It beggars belief that the man who presided over the complete collapse of RBS should receive a penny, let alone a fortune undreamt of by 99.99% of the British population, let alone a fortune paid for by that same 99.99% of the population. Pass a special Act of Parliament, sequester his assets, make being Fred Goodwin a criminal offence...I don't know how to recoup my money; but when I am looking at having to work three, four, five years (who knows?) longer than I otherwise would because of the destruction of the economy in part brought about by this man it makes me sick. Am I ditching my liberal values? No, the harm principle clearly applies in this case: Goodwin is guilty of white-collar crime.

And so to the Royal Mail. Of course I would not have to work three, four, five years (who knows?) longer than I otherwise would if I sat on defined benefits pension that regardless of the state of the economy gets paid to me. If the last taxpayer in England was on his knees grubbing around to survive in caves then this bloody government would still protect the defined benefits pensions of the higher-paid public sector. The combination of my blood boiling from this, and the sickness brought on by Fred Goodwin means I'd better go and have a lie down before I explode.

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