Why do people blame bankers and not Euro politicians for Europe's economic mess?

[DodgyAgent]

Sorry, I stand corrected! Banking obviously has far more value to society than doctors, nurses, teachers, firemen, binmen, police officers, armed-forces people fighting for their country, engineers, opticians, dinner-ladies, university staff, garage mechanics, plumbers, electricians, shop assistants, psychologists, therapists, clergymen (& women), musicians, bar staff, charity workers, security guards...

Beyond basic services such as keeping cash deposits safe and providing loans & business finance, the stuff that banks do is not that clever. They are really just maintaining an illusion that they are somehow "worth" the huge pay & bonuses they get. That illusion was destroyed once they began to fall like dominos and require BILLIONS OF POUNDS OF TAXPAYERS MONEY TO BAIL THEM OUT.

Lets see you justify their continuing MASSIVE REWARDS FOR IT CONTRACTORS.

Who lets face it earn far more than any of the jobs mentioned above

HYPOCRITE

[AtW]

For someone who's written some software that marketing companies will use to generate more tat, it's a bit rich to call banking socially useless.

Marketing is an essential part of capitalism, strange that you don't know that.

Our system helps marketing companies be more efficient so even if your point of view is accepted then we are doing good job by reducing waste in marketing budgets.

HTH

[DodgyAgent]

Marketing is an essential part of capitalism, strange that you don't know that.

Our system helps marketing companies INTRUDE INTO OUR LIVES BY STEALTH so even if your point of view is accepted then we are doing good job by reducing waste in marketing budgets.

HTH

ftfy

[sasguru]

Sorry, I stand corrected! Banking obviously has far more value to society than doctors, nurses, teachers, firemen, binmen, police officers, armed-forces people fighting for their country, engineers, opticians, dinner-ladies, university staff, garage mechanics, plumbers, electricians, shop assistants, psychologists, therapists, clergymen (& women), musicians, bar staff, charity workers, security guards...

Beyond basic services such as keeping cash deposits safe and providing loans & business finance, the stuff that banks do is not that clever. They are really just maintaining an illusion that they are somehow "worth" the huge pay & bonuses they get. That illusion was destroyed once they began to fall like dominos and require BILLIONS OF POUNDS OF TAXPAYERS MONEY TO BAIL THEM OUT.

Lets see you justify their continuing MASSIVE REWARDS FOR FAILURE.

You sound like Hitler. Does your voice rise to a hysterical shriek when you read those words in caps?

[AtW]

ftfy

I thought you liked capitalism?

Mods, can you please change DodgyAgent's title to well deserved one: insular Little Englander
As for sasguru I think it's well overdue he was called for what he is: cretin

Thank you, the payment will be made to the usual Swiss account in euros.

[sasguru]

Marketing is an essential part of capitalism, strange that you don't know that.

Our system helps marketing companies be more efficient so even if your point of view is accepted then we are doing good job by reducing waste in marketing budgets.

HTH

How sad to have spent years of effort devloping somehting that will lead to people being annoyed online or through mail shots.
But like most people who rail against the capitalist system you're an out and out hypocrite

[Platypus]

Banking is socially useless? Really?

More or less.

See
http://217.154.230.218/NR/rdonlyres/...inalForWeb.pdf

Seems like Financial Services contributes a ton of tax revenue. Roughly half the total NHS budget each year.

I'm not defending bankers, but one has to defend the tax contribution they make, surely?

[AtW]

How sad to have spent years of effort devloping somehting that will lead to people being annoyed online or through mail shots.

I don't do email shots anymore - that was my job in the first 3 years of the decade though and I did very well by creating very nice targeting system that made emails relevant, this resulted in very good ROI

[AtW]

Seems like Financial Services contributes a ton of tax revenue. Roughly half the total NHS budget each year. I'm not defending bankers, but one has to defend the tax contribution they make, surely?

Yes, it is a very large take much more than GDP figures attibuted the City. It also helps keep prices very high on London properties.

The problem is that they don't invest into UK, like say in Silicon Valley there is proper investment community, there ain't such thing in this country: VCs here are mostly the people who use massive debt to take over companies.

[Platypus]

Yes, it is a very large take much more than GDP figures attibuted the City. It also helps keep prices very high on London properties.

The problem is that they don't invest into UK, like say in Silicon Valley there is proper investment community, there ain't such thing in this country: VCs here are mostly the people who use massive debt to take over companies.

Humm, I'm talking about tax revenue (which is invested in the UK), not bank profits (I'll take your word for that).