Monday, 3 November 2008

Bankers Bonuses

The Lib Dems have criticised banks for apparently putting money aside for bonuses to be paid next year.

As would be expected they huff and puff about how wrong this is, all the time exposing their complete financial and economic illiteracy.

They fail to understand that bonuses in industry are paid as a reward for success. The people so paid have delivered beyond agreed targets , therefore have made a positive contribution to the profits of that company. If a company makes profits, it will pay taxes, and those taxes pay for the workings of Government.

Just where do the Lib Dems think government money comes from?

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