the court of public opinion

tek-monkey

tek-monkey

wanna see my snake?
How can you tell the private sector what to pay people? The whole point is they make money, if you take it off the workers then the owners get it instead. How is that good?
 
Gramaisc

Gramaisc

Forum O. G.
tek-monkey said:
How can you tell the private sector what to pay people? The whole point is they make money, if you take it off the workers then the owners get it instead. How is that good?
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Then the owners use what is now their extra money to create more jobs - so the trickle-down theory goes.

I did say 'theory'.
 
henryscat

henryscat

Well-Known Forumite
andy w said:
I haven't got much time for egotistical self centred 'because I'm worth it' bankers but how many have actually committed any crimes. Yes maybe the government should go knocking the doors who have trousered so many bonuses (and in hindsight the previous government should have nailed down the banks to much tighter governance before the state bailouts) but I find your equating bankers with rioters is the tired hand wringing language of the left
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Those who brought down the banking system haven't been held accountable for their actions by and large. There similarly remains sometihng of a difference between how crimes such as tax evasion are perceived versus the sorts committed during rioting. I get a little bit irritated with the "lock everyone up and stop their benefits" attitude, because punishment by itself isn't going to solve anything. The causes need to be looked at too.


'Lets blame the bankers for everything' becoming a bit tiring and lacks any positive vision that is needed for the developed world to tackle it's chronic problems of massive debts, high spending and no growth.
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The magnitude of what happened in the banking system is pretty mind boggling though and isn't something to be forgotten. I'm not convinced that sufficient lessons have been learned from it. What's happened in the developed world is a direct effect of insufficient regulation of a free market economy. Continued growth ad infinitum just isn't possible.... economic growth = more consumption of resources, but resources are finite - it doesn't go...
 
henryscat

henryscat

Well-Known Forumite
andy w said:
This is turning into a good thread as it covers justice and peoples perceptions of justice.
With regards to bankers bonuses/excesses there is a strong feeling of injustice that many people are struggling and bumping along the bottom whilst those at the top are still creaming off the money.
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For a long time the gap between rich and poor has been getting wider - this was happening under Labour too and is continuing under the Tory Democrats. Economic policy needs to be shifted towards one of wealth redistribution though I can't see that happening under Clegg and Cameron.

This has been a running sore for the last 4 years and needs to tackled to move forward. How we do that I don't know, but maybe banning all bonuses until the economy has recovered would be a start.
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The scale of public spending cuts in such a short space of time are not helping, it gets forgotten that the public sector spends a lot of money in the private sector...
 
A

andy w

Well-Known Forumite
henryscat said:
Those who brought down the banking system haven't been held accountable for their actions by and large. There similarly remains sometihng of a difference between how crimes such as tax evasion are perceived versus the sorts committed during rioting. I get a little bit irritated with the "lock everyone up and stop their benefits" attitude, because punishment by itself isn't going to solve anything. The causes need to be looked at too.


Lets not forget in a number of countries rioters are shot.
What struck me when the heavier sentances were handed down to people caught up in the riots was the shock in jail terms for first time offenders and percieved minor crimes. Surely the fact that taking part in one of the worst breakdowns of law and order in England merited punitive action. Don't forget that for 3 days parts of this country were under mob rule and only when the police stopped divering and got their act togeather did the riots stop. I think the courts made sure the message that rioting wouldn' be tolerated and rightly so.
Yes there are deep rooted social problems and more should be done to raise the asperatitions of people of the under class but there needs to be a deterrant as well.



The magnitude of what happened in the banking system is pretty mind boggling though and isn't something to be forgotten. I'm not convinced that sufficient lessons have been learned from it. What's happened in the developed world is a direct effect of insufficient regulation of a free market economy. Continued growth ad infinitum just isn't possible.... economic growth = more consumption of resources, but resources are finite - it doesn't go...
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The developed world has become flabby after so many good years and no one wants to lose the benifits and services that governments/councils provide, so therefore governments are borrowing amazing amounts of money to keep funding this spending. People are taxed excessivly already so only a return to growth will generate the extra taxes tofund the lifestyle that the west is used to.
 
Gramaisc

Gramaisc

Forum O. G.
johnny come lately said:
how much does the death penalty cost?
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It can be quite a bit, apparently - although mostly given to lawyers. We had another thread - 'Bring back capital punishment' - http://www.staffordforum.com/xf/index.php?threads/bring-back-capital-punishment.5850/ - in which I posted the following..

Gramaisc said:
Interesting article here, claiming, amongst other things, that California has spent $4billion on it's capital punishment system since 1978 and only managed to kill 13 people in the same period...
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tek-monkey

tek-monkey

wanna see my snake?
Shame they are the private sector and therefore beyond the reach of all the cuts going on. The legal profession is an odd one, surely half their job could now be done by a yts kid on an ipad?
 
tek-monkey

tek-monkey

wanna see my snake?
Does that mean lawyers working for legal aid customers will get paid less, creating a sub-class of lawyers who can't get a real job?
 
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