Resend my activation email : Register : Log in 
BCF: Bike Chat Forums


Tony Blair now earns 1m / year at JPMorgan

Reply to topic
Bike Chat Forums Index -> Politics & Current Affairs
View previous topic : View next topic  
Author Message

ColdInsomnia
World Chat Champion



Joined: 30 Jun 2006
Karma :

PostPosted: 12:54 - 11 Jan 2008    Post subject: Tony Blair now earns 1m / year at JPMorgan Reply with quote

https://www.dailymail.co.uk/pages/live/articles/news/news.html?in_article_id=507505


So there you have it people. Previously known as J P Morgan & Co (which you'll be familiar with from part 3 of Zeitgeist), JPMorgan is now employing our beloved Tony Bliar with a 1m / year job.

DO THEY HAVE TO FREAKING SPELL IT OUT TO US?
____________________
Yamaha YB100 | Yamaha TZR125 | Yamaha XJ600S | Suzuki GSF600
"Our society is run by insane people for insane objectives. I think we're being run by maniacs for maniacal ends and I think I'm liable to be put away as insane for expressing that. That's what's insane about it."
John Lennon
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

cestrian
World Chat Champion



Joined: 24 Jul 2006
Karma :

PostPosted: 13:17 - 11 Jan 2008    Post subject: Reply with quote

No, the message is loud and clear. But hey, thats the way of the world you know. Evil or Very Mad
 Back to top
View user's profile Send private message You must be logged in to rate posts

ginge51
Nova Slayer



Joined: 13 Jan 2008
Karma :

PostPosted: 23:58 - 13 Jan 2008    Post subject: Reply with quote

cestrian wrote:
No, the message is loud and clear. But hey, thats the way of the world you know. Evil or Very Mad

Yes he was probably 1 of the most corrupt pm's the Uk's ever had.
Hopefully someone will get him for war crimes soon along with Bush.
 Back to top
View user's profile Send private message You must be logged in to rate posts

ColdInsomnia
World Chat Champion



Joined: 30 Jun 2006
Karma :

PostPosted: 12:08 - 14 Jan 2008    Post subject: Reply with quote

ginge51 wrote:

Yes he was probably 1 of the most corrupt pm's the Uk's ever had.
Hopefully someone will get him for war crimes soon along with Bush.


In your dreams.

Everybody is too apathetic, and the BBC never even mentioned this story in passing anywhere on their system.

Personally I'd have thought that what our previous Prime-Minister was up to, especially given the circumstances, should be extremely important news?

I've just lost all trust in the BBC. Nothing more than Nu Labour's pet.
____________________
Yamaha YB100 | Yamaha TZR125 | Yamaha XJ600S | Suzuki GSF600
"Our society is run by insane people for insane objectives. I think we're being run by maniacs for maniacal ends and I think I'm liable to be put away as insane for expressing that. That's what's insane about it."
John Lennon
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

Zen Dog
World Chat Champion



Joined: 11 Aug 2004
Karma :

PostPosted: 14:10 - 14 Jan 2008    Post subject: Reply with quote

I just think if you serve a full term as PM, you should then be retired for the rest of your life, they give you a little house, and you get your meals paid for etc.

But you're not allowed to own ANYTHING, or indeed have any money or anything else. Being PM should mean giving up the rest of your life for the good of the country. And your only role will be helping to advise the next PM (which i think would probably be useful).

Of course, if you did that no bugger would want to be PM, but at least it'll help cut down on the corruption a bit...

Zen Dog
____________________
Current - '94 VFR750FR (Dead), '00 VFR800FI, '11 600 Hornet - Previous - '11 CBF125, '10 Street Triple R, '92 MZ ETZ301, '05 TTR250, NSR125R, KMX125, "Honda" Win
My bike trip around S.E. Asia 2010/2011
 Back to top
View user's profile Send private message You must be logged in to rate posts

Itchy
Super Spammer



Joined: 07 Apr 2005
Karma :

PostPosted: 14:15 - 14 Jan 2008    Post subject: Reply with quote

The actual only realistic option is to pay them millions, I don't like it nor I doubt would you.

In that big PLCs have bosses that are all paid millions and millions , this attracts the BEST talent out there to do the job. Football clubs know this , so do PLCs.

And since they are being paid millions and millions , they won't have a need to join such companies in their retirement.

Also on the flip side bribes would have to be MUCH MUCH larger and thus easier to catch , ie a certain MP who was caught not declaring 100K , when his salary is about 70K a 100K bribe is 100+% of his income,

Now if he is paid say 30 million a year, small easy to hide bribes won't happen benefit vs chance of being caught since a 1mil bribe is only 1/30th rather than 1000% of his salary.

Unpleasant but probably necessary,

But this doesn't contra the factor of human greed in that virtually all of us could live happily the rest of our lives with 2 million in the bank , yet you get certain people who have 100 million in the bank , yet still want more.

Hell you get people with 50bn in the bank and still want more.
____________________
Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

Zen Dog
World Chat Champion



Joined: 11 Aug 2004
Karma :

PostPosted: 14:53 - 14 Jan 2008    Post subject: Reply with quote

Itchy wrote:
But this doesn't contra the factor of human greed in that virtually all of us could live happily the rest of our lives with 2 million in the bank , yet you get certain people who have 100 million in the bank , yet still want more.

Hell you get people with 50bn in the bank and still want more.


So your idea was what again? That we should pay them a vast quantity even though that isnt going to stop them wanting more...

Pay them nothing. That way, only people lunatic enough to actually want to do it for the right reasons, or the simply the power mad of course, would do it...

And we get the occasional power mad lunatic anyway, might as well save some cash...

Zen Dog
____________________
Current - '94 VFR750FR (Dead), '00 VFR800FI, '11 600 Hornet - Previous - '11 CBF125, '10 Street Triple R, '92 MZ ETZ301, '05 TTR250, NSR125R, KMX125, "Honda" Win
My bike trip around S.E. Asia 2010/2011
 Back to top
View user's profile Send private message You must be logged in to rate posts

lee8040
Nearly there...



Joined: 27 Jan 2006
Karma :

PostPosted: 15:34 - 14 Jan 2008    Post subject: Reply with quote

our company does the payroll for cv. ill have to keep an eye out for him in the payroll
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

TheShaggyDA
Repost Police



Joined: 14 Jun 2004
Karma :

PostPosted: 15:37 - 14 Jan 2008    Post subject: Reply with quote

I think government ministers (and their families) should be executed upon leaving office. That'll make sure that (a) they are commited to their job, and (b) they won't be starting any wars so that they can profit from them at a later date.
____________________
Current: CB500 Previous: CB100N, CB250RS, XJ900F, GT550, GPZ750R/1000RX, AJS M16, R100RT, Enfield Bullet

[i:6e3bfc7581]But still I fear and still I dare not laugh at the madman...[/i:6e3bfc7581]
 Back to top
View user's profile Send private message Visit poster's website You must be logged in to rate posts

cestrian
World Chat Champion



Joined: 24 Jul 2006
Karma :

PostPosted: 15:55 - 14 Jan 2008    Post subject: Reply with quote

TheShaggyDA wrote:
I think government ministers (and their families) should be executed upon leaving office. That'll make sure that (a) they are commited to their job, and (b) they won't be starting any wars so that they can profit from them at a later date.


A little harsh but I take your point. Smile
 Back to top
View user's profile Send private message You must be logged in to rate posts

ColdInsomnia
World Chat Champion



Joined: 30 Jun 2006
Karma :

PostPosted: 18:26 - 14 Jan 2008    Post subject: Reply with quote

The whole system.. of politicians being paid a far higher income than the average citizen... is silly.

By rewarding politicians with wages that are 5/6x that of the minimum wage, and (at a rough guess) 2x that of the average income... (And that's not including all the stuff they get to write off as 'expenses')... We are putting politicians in a class above the average man.

Now, correct me if I'm wrong, but isn't democracy all about giving power to the average man?

The system we have at the moment, democracy gives power to the average man, but forces him to pass that power on to the 'higher' classes in society.

How can politicians possibly know what is best for the average citizen when they all live such comfortable and detached lives from the rest of us?

Gordon Brown never has to worry about getting mugged as he walks to the shop by rotten little kids hanging around on the street corner. Neither does any politician - you can guarantee that they live in the nicest area's that they can afford.

We're essentially back to the old 'Lord Lives In His Castle Whilst The Peasants Roll In Pig Shit'. It's just disguised behind a thin veil of votes.

The system is flawed, we're starting to see the effect of the flaws, and the common citizen, as usual, is the one who will bear the brunt of the problems that the greedier elements of society will inflict upon them.

There is no wealth like knowledge, no poverty like ignorance.
____________________
Yamaha YB100 | Yamaha TZR125 | Yamaha XJ600S | Suzuki GSF600
"Our society is run by insane people for insane objectives. I think we're being run by maniacs for maniacal ends and I think I'm liable to be put away as insane for expressing that. That's what's insane about it."
John Lennon
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

Itchy
Super Spammer



Joined: 07 Apr 2005
Karma :

PostPosted: 19:24 - 14 Jan 2008    Post subject: Reply with quote

Zen Dog wrote:
So your idea was what again? That we should pay them a vast quantity even though that isnt going to stop them wanting more...

Pay them nothing. That way, only people lunatic enough to actually want to do it for the right reasons, or the simply the power mad of course, would do it...

And we get the occasional power mad lunatic anyway, might as well save some cash...

Zen Dog


You misread me I mean it like a vicar's Stipend, ie they are paid a large wedge during their work , with a performance related pay package like bosses of big PLCs get.

Afterwards are never allowed to work again.

But the thing is if you pay them nothing what happens? , it encourages even more corruption.

And changes that NEED to occur don't occur, hell alot of people have bad things to say about Thatcher but without her we would still be building cars (British Leyland) nobody wanted, etc

The big problem is we need engineers , social psychologists ,economics grads and doctors to be in positions of power, wheras currently we have a bunch of (mostly) lawyers. We also need a dose of long termism rather than super short term visions most governments have. Probably why dictators get things done.

Your POV also forgets about the ruthlessness of humans , the British have a legendary example of this Nelson, he saved England quite a few times, he came back and was torn apart by the newspaper cartoonists. It is also reputed Sun Tzu (who was actually called Wu) took off after he'd won a great number of battles for his master.

And thus you have to ensure you look after yourself too.
____________________
Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.
 Back to top
View user's profile Send private message Send e-mail You must be logged in to rate posts

Tricolor Fan
Trackday Trickster



Joined: 01 Jul 2007
Karma :

PostPosted: 23:34 - 14 Jan 2008    Post subject: Re: Tony Blair now earns 5m USD / year at JPMorgan Reply with quote

ColdInsomnia wrote:
So there you have it people. Previously known as J P Morgan & Co (which you'll be familiar with from part 3 of Zeitgeist), JPMorgan is now employing our beloved Tony Bliar with a 1m / year job.
[/size]


Just an update, he's actually being payed 5 million USD. Shocked

https://news.bbc.co.uk/1/hi/business/7186975.stm
____________________
Give me ambiguity or give me something else.
 Back to top
View user's profile Send private message You must be logged in to rate posts

Paivi
World Chat Champion



Joined: 30 Sep 2005
Karma :

PostPosted: 00:49 - 15 Jan 2008    Post subject: Re: Tony Blair now earns 5m USD / year at JPMorgan Reply with quote

Tricolor Fan wrote:
Just an update, he's actually being payed 5 million USD. Shocked

Yes, and it's a part time job. Now, in the City, that doesn't mean 20h a week, that means a lunch once a week/fortnight, a couple of client dinners thrown in for good measure.

Not a single one of my former JPM colleagues are happy about it, especially as they are 'restructuring' some departments, i.e., sacking people.
____________________
My other bike's a Monster... Wink
 Back to top
View user's profile Send private message You must be logged in to rate posts

sickpup
Old Timer



Joined: 21 Apr 2004
Karma :

PostPosted: 14:58 - 15 Jan 2008    Post subject: Reply with quote

Itchy wrote:


In that big PLCs have bosses that are all paid millions and millions , this attracts the BEST talent out there to do the job. Football clubs know this , so do PLCs.



Except it dpesn't attract the best talent at all.

For examples look at people like Andrew Pritchard (Urban smuggler/Joker) Curtis Warren (Cocky watchman) or maybe even Wayne Anthony.

The City wages attract people that fit in with the city culture and nothing else. Often the best talent ends up as criminals which is surely a waste.
 Back to top
View user's profile Send private message You must be logged in to rate posts
Old Thread Alert!

The last post was made 18 years, 90 days ago. Instead of replying here, would creating a new thread be more useful?
  Display posts from previous:   
This page may contain affiliate links, which means we may earn a small commission if a visitor clicks through and makes a purchase. By clicking on an affiliate link, you accept that third-party cookies will be set.

Post new topic   Reply to topic    Bike Chat Forums Index -> Politics & Current Affairs All times are GMT + 1 Hour
Page 1 of 1

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum

Read the Terms of Use! - Powered by phpBB © phpBB Group
 

Debug Mode: ON - Server: birks (www) - Page Generation Time: 0.08 Sec - Server Load: 0.89 - MySQL Queries: 14 - Page Size: 93.69 Kb