NICS Voluntary Redundancy Scheme

qwert_yuiop

Bankers hardly repreSent the entire private sector, but, you're right - if I was as bad at my job as they were at theirs, I'd be in gaol.

How would you have handled it? I think it was a mistake not to let the normal rules of capitalism apply, and just let them go bust. We might be more likely to be over this all by now. Instead it was "give us a billion quid or the world's going to end in the morning", and unlike every failing business from coal mining to growing flax, they got it. We wouldn't be hearing all this fuss about wealth inequality and the 1% since they'd have suffered colossal losses and the whole system might have been rebooted. Difficult to see a way out if it but I'm not an economist. Then again, as the queen pointed out, neither is anyone else.

emmett123

qwert_yuiop wrote: »

Bankers hardly repreSent the entire private sector, but, you're right - if I was as bad at my job as they were at theirs, I'd be in gaol.

How would you have handled it? I think it was a mistake not to let the normal rules of capitalism apply, and just let them go bust. We might be more likely to be over this all by now. Instead it was "give us a billion quid or the world's going to end in the morning", and unlike every failing business from coal mining to growing flax, they got it. We wouldn't be hearing all this fuss about wealth inequality and the 1% since they'd have suffered colossal losses and the whole system might have been rebooted. Difficult to see a way out if it but I'm not an economist. Then again, as the queen pointed out, neither is anyone else.

The private sector are very quick to point out the "fat" on the public sector needs trimmed to balance the economy, only I don't believe that they want a balanced or a mixed economy, rather they want to completely do away with public services and public ownership and to steal it into private hands. What I think is really behind the decline in health provision etc, is to nudge / force those who can, into private health care, and screw those who cant with a !!!! poor public system. Like they have in the US.
The banks and property developers etc and those getting bailed out should have had the same rules of capitalism applied to them as they are applying them to us... if you made bad investments and need bailed out.. well, too bad... its not coming out of pockets of the general population. That would encourage business to exercise caution.
The population if they are concerned enough should vote for people who will reintroduce social justice. But in Northern Ireland we don't have that option, as all the main political parties are full tilt introducing austerity measures with promise that they will be able to lower corporation tax so that we are a target for the global vultures. As far as I am concerned the government/corporation (as they are now the same thing)have broken the social contract, and we are not obliged to do anything they say. But thats just me, and for many the BBC The Voice is on tonight and that makes it all go away.

qwert_yuiop

Good luck to anyone trying to steal the health service. Public funding is the only route. As seen in countries with a large insured population, acute care and health care for the lower paid still has to be provided by the state, such as the state 28 miles from here. Either that or not provide it all like the third world.

Correct - the rules of capitalism seemed to be suspended for the bankers. I don't know why either.

As for austerity, unless you can get your own version of syriza elected, we're going to have to lump it. Syriza might have to lump it, too. Yea, it's mad - listen to rte, Sinn fein are up in Leinster house whinging about water charges. Meanwhile ...

Tv talent shows. Bread and circuses.

absoluteutopia

Having just read this whole thread i now feel 40% less intelligent

saverbuyer

absoluteutopia wrote: »

Having just read this whole thread i now feel 40% less intelligent

No problem getting a job in the public sector now.