Liz Truss - the first 100 days....

[BoldonLad]

Answer my question Craig ? You support a cap on Nurses but not Bankers....why is that ?
Let's be honest if the Banks choose to reward their workers a cap isn't going to stop them.Its a sh1t argument from you that hardly deserves a reply.
Did the party you voted for not promise levelling up ? 🙄

In that case, what is the point of a cap? Posturing at it's best.

 

[Deleted member 49]

In that case, what is the point of a cap? Posturing at it's best.

To stop risk taking...your old enough to remember what happened last time.

 

[BoldonLad]

To stop risk taking...your old enough to remember what happened last time.

Ignoring the ageism

You said "a cap isn't going to stop them.", so, if it is not going to work it is not going to stop a crash, is it?

So, I repeat, why do it?, surely, it is preferable to introduce measure which WILL produce the desired effect?

Before you ask... I don't know what such measures would be... may be that is why I am not Prime Minister

 

[BoldonLad]

Craig the Cyclist was posting on this thread last night after 10pm and he's been posting from just after 8am this morning. Is this his full-time job? I rarely read what he has to write because it's never worth the effort but the time he spends on it is a bit worrying.

Maybe it is an NHS thing, Craig seems to be in good company

 

[Deleted member 49]

Ignoring the ageism

You said "a cap isn't going to stop them.", so, if it is not going to work it is not going to stop a crash, is it?

So, I repeat, why do it?, surely, it is preferable to introduce measure which WILL produce the desired effect?

Before you ask... I don't know what such measures would be... may be that is why I am not Prime Minister

At the moment, that cap is 100% of a banker's salary, but can be doubled to 200% if I read it right.
The bonus system could give bankers huge rewards to take risks .This is feck all to do with someone who works on the counter at your local NatWest...although Craig might want to clarify that ?
Why don't you tell us why it should be lifted ?

 

[BoldonLad]

At the moment, that cap is 100% of a banker's salary, but can be doubled to 200% if I read it right.
The bonus system could give bankers huge rewards to take risks .This is feck all to do with someone who works on the counter at your local NatWest...although Craig might want to clarify that ?
Why don't you tell us why it should be lifted ?

I don't need to ask Craig, or, "ask a friend", I never said it was.

You still haven't explained why having cap is a good idea if, in your words "a cap isn't going to stop them.".

It is quite possible to be against "excess", without being in favour of a cap, on one section of the workforce.

I have, quite clearly, said, several times, "why not have measures would discourage 'excess'".

 

[Deleted member 49]

I don't need to ask Craig, or, "ask a friend", I never said it was.

You still haven't explained why having cap is a good idea if, in your words "a cap isn't going to stop them.".

A cap doesn't stop them paying whatever wage they want....it puts a cap on rewarding them further.
But a bit like Craig you knew that didn't you.So have you a point or maybe a opinion ?

 

[BoldonLad]

A cap doesn't stop them paying whatever wage they want....it puts a cap on rewarding them further.
But a bit like Craig you knew that didn't you.So have you a point or maybe a opinion ?

Have you read any of my replies?

My point is:

If a cap, to use your words "a cap isn't going to stop them." then, I see it as pointless, so, why have it?

My opinion is:

Yes, excess needs to be curbed, but, let us have measures which work, not (again to use your words) "a cap isn't going to stop them." . I did say previously I didn't have all the answers (perhaps, that is one, of many, reasons why I am not Prime Minister), I have also, in another post, indicated my view that progressive taxation to redistribute ALL (not just Bankers, in NatWest, behind counters or not) excessive earnings.

Do you have a solution?, or, just a slogan?

 

[Deleted member 49]

Have you read any of my replies?

My point is:

If a cap, to use your words "a cap isn't going to stop them." then, I see it as pointless, so, why have it?

My opinion is:

Yes, excess needs to be curbed, but, let us have measures which work, not (again to use your words) "a cap isn't going to stop them." . I did say previously I didn't have all the answers (perhaps, that is one, of many, reasons why I am not Prime Minister), I have also, in another post, indicated my view that progressive taxation to redistribute ALL (not just Bankers, in NatWest, behind counters or not) excessive earnings.

Do you have a solution?, or, just a slogan?

To put it another way the bonus scheme created risk taking/bad practices which affected millions of us and led to the morgage/sub prime scandal.The said banks were then bailed out with public money.
Today in a cost of living crisis we've got the Tories telling us we need tighter rules on benefits for the poor,do forgive me if I think there taking the fecking piss ! If that's my slogan ?
Your progressive tax admirable as it might sound isn't doing anything.

 

[Fab Foodie]

Truss will take any deal....

https://www.theguardian.com/world/2...y-israel-jerusalem?CMP=Share_AndroidApp_Other

 

[icowden]

If a cap, to use your words "a cap isn't going to stop them." then, I see it as pointless, so, why have it?

Because it *does* stop them. It stops them taking huge risks in the hope of getting a massive bonus. Instead they take reasonable risks knowing they will get a a reasonable bonus.

 

[BoldonLad]

To put it another way the bonus scheme created risk taking/bad practices which affected millions of us and led to the morgage/sub prime scandal.The said banks were then bailed out with public money.
Today in a cost of living crisis we've got the Tories telling us we need tighter rules on benefits for the poor,do forgive me if I think there taking the fecking piss ! If that's my slogan ?
Your progressive tax admirable as it might sound isn't doing anything.

But, @Adam4868 , you said "a cap isn't going to stop them", so, I repeat, why have it?

I am not really up on these slick comments on here, but, isn't that called "whataboutery" or something like that?

I was knocked back for suggesting that Footballers (among others) should have their pay capped, and, told we are talking about bankers, so, can we just stick with the bankers, if that is "the rules"

 

[Deleted member 49]

But, @Adam4868 , you said "a cap isn't going to stop them", so, I repeat, why have it?

I am not really up on these slick comments on here, but, isn't that called "whataboutery" or something like that?

I was knocked back for suggesting that Footballers (among others) should have their pay capped, and, told we are talking about bankers, so, can we just stick with the bankers, if that is "the rules"

A cap won't stop them paying there workers huge wages and maybe other perks...but the caps as I've said before are to stop reckless behaviour or inviting them to take risks for reward.
In the current climate do you think it's necessary?

 

[BoldonLad]

A cap won't stop them paying there workers huge wages and maybe other perks...but the caps as I've said before are to stop reckless behaviour or inviting them to take risks for reward.
In the current climate do you think it's necessary?

But, @Adam4868 , you said "a cap isn't going to stop them", so, I ask again what is the point of the cap, if it is not going to work?

Yes, I wish to. see reckless behaviour, possibly leading to a Financial Crash, curbed, but, I say again, according to you, and, in your words "a cap isn't going to stop them", so, what is the point of it?

I would say avoiding a Financial Crash is necessary at any time, not just in the 'current climate'

 

[Deleted member 49]

But, @Adam4868 , you said "a cap isn't going to stop them", so, I ask again what is the point of the cap, if it is not going to work?

Yes, I wish to. see reckless behaviour possibly leading to a Financial Crash curbed, but, I say again, according to you, and, in your words "a cap isn't going to stop them", so, what is the point of it?

Read the post above....again.