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Sunday 1 March 2009

Labour's hypocrisy on Sir Fred Goodwin

I really do think Gordon Brown and others in the Labour Party are being completely hypocritical on this issue and just jumping on the bandwagon.

My personal view, is that Sir Fred Goodwin should give a percentage back, a massive percentage back - at least 90%. Yes, I really do mean this, the man along with his Non Executive Directors and the senior management team of RBS should be utterly ashamed of themselves!

However, we must remember that the Labour Government have known about Sir Fred's pension, and the amount it was since last October - so for five months they said nothing about it but as soon as the public get hold of the amount and their anger is apparent good ole Gordon Brown jumps on the nearest bandwagon passing by Downing Street.

Although, the former Deputy Prime Minister, John Prescott seems to be on the bandwagon as well, so will he be giving his pension up as one of the Senior Government Ministers who has served during the time when Labour brought the banks down?

I know my pension figures have plummeted over recent months, although I don't have the credit of bringing a bank to it's knees like Sir Fred but I know as I look at the figures my total pension would be around a few thousand now, and I know some of my investments would have been in banks.

So, my humble message to Sir Fred, is do the decent thing and give your pension to charity.

Do it because you are a decent human being, rather than because the band wagon jumping hypocritical Government tell you to do so.

2 comments:

Anonymous said...

I am continually stunned at the way in which the PM and many MP's of all party's continue to strut about declaring there dismay at what has happened to the banks and especially at RBS, it being brought to its knee's by apparently one man, if indeed it is his fault alone? ?
Then how did this man become so powerfull, must we assume that everyone else on the RBS board were impotent, gutless or were their own greed-omiters in control?? Futhermore can someone explain how he was rewarded for this folly when any other businessman/woman in a similar real-world situation, would have been declared not only bankrupt, (quite possibly by a said bank) but would have been stripped of most of his assets ( work van and classic corgi models as oppossed to Range Rover and classic cars).

As for the PM spluttering like a school prefect who has been caught having a crafty fag when he was supposed to be ensuring it didnt happen, by suggesting that we will leave no stone unturned to find a way to recoupe the said pension is a little strange as I seem to recall his previous job was in finance and I am not sure if the word prudence, a word he was so fond of rolling off his tongue, can now be used to describe a leader who has spent and borrrowed and spent some more BILLIONS and may need more? Is there a similar vein of bringing a country to its knee's with such debt?
Only history alone must tell! Britain will surely be paying it back for the next 20 years but there will still be those at government levels with a smug pension. Sir Fred do the right thing?, well he took the pension knowing that his leadership gambles broke the bank, so there will need to be a forcing of the hand, ever tried to get a bone out of a bulldogs mouth, no implication that he is such as dont want to do a JC here! only someone at a higher than joe public level who is not impotent, gutless or be driven by a greed-omiter can achive that and who is going to find an internet search engine for that one?

Anonymous said...

I am continually stunned at the way in which the PM and many MP's of all party's continue to strut about declaring there dismay at what has happened to the banks and especially at RBS, it being brought to its knee's by apparently one man, if indeed it is his fault alone? ?
Then how did this man become so powerfull, must we assume that everyone else on the RBS board were impotent, gutless or were their own greed-omiters in control?? Futhermore can someone explain how he was rewarded for this folly when any other businessman/woman in a similar real-world situation, would have been declared not only bankrupt, (quite possibly by a said bank) but would have been stripped of most of his assets ( work van and classic corgi models as oppossed to Range Rover and classic cars).

As for the PM spluttering like a school prefect who has been caught having a crafty fag when he was supposed to be ensuring it didnt happen, by suggesting that we will leave no stone unturned to find a way to recoupe the said pension is a little strange as I seem to recall his previous job was in finance and I am not sure if the word prudence, a word he was so fond of rolling off his tongue, can now be used to describe a leader who has spent and borrrowed and spent some more BILLIONS and may need more? Is there a similar vein of bringing a country to its knee's with such debt?
Only history alone must tell! Britain will surely be paying it back for the next 20 years but there will still be those at government levels with a smug pension. Sir Fred do the right thing?, well he took the pension knowing that his leadership gambles broke the bank, so there will need to be a forcing of the hand, ever tried to get a bone out of a bulldogs mouth, no implication that he is such as dont want to do a JC here! only someone at a higher than joe public level who is not impotent, gutless or be driven by a greed-omiter can achive that and who is going to search google for that one?

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