20 October 2009

All talk and no action

For how many months have the Government been telling us that they mean to do something about bankers' bonuses? And what, exactly, have they done? Well zip actually - nothing at all.

And today The Times reports:
The Government has backed away in the face of speculation that it will impose a windfall tax on banks to punish them for paying excessive bonuses.

They're all mouth and no trousers.

1 comment:

John A Thomson said...

Actually the government has recapitalised the banks with our money to ensure the bankers can resume their normal service ASAP.

The politicians won't do anything as they're looking to a cushy job with the financial sector when they are kicked out of Parliament in six months!