tag:blogger.com,1999:blog-3225795457407230638.post1346753845633366572..comments2024-03-28T07:36:19.697+00:00Comments on Excuse Me Whilst I Step Outside: Traditional Forms of State Regulation of Banking - Worth Another Try?CharlieMcMenaminhttp://www.blogger.com/profile/00942021756417667913noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3225795457407230638.post-20009380531740307192012-02-04T20:17:11.808+00:002012-02-04T20:17:11.808+00:00No surprises there Andy: you East Anglian Allotmen...No surprises there Andy: you East Anglian Allotment Holders were always renown for your dedication to the principle of <i>"the Earth is a common treasury for all(except slugs and bankers)"</i>CharlieMcMenaminhttps://www.blogger.com/profile/00942021756417667913noreply@blogger.comtag:blogger.com,1999:blog-3225795457407230638.post-66715024854473246332012-02-04T15:47:39.362+00:002012-02-04T15:47:39.362+00:00Charlie, I was thinking rather of a Worker, and Al...Charlie, I was thinking rather of a Worker, and Allotment Holder Inspectorate to bring the bankers and anyone paid over £250,000 year before the Public Safety Committee for the Prosecution of Economic Crimes and Sabotage.Andrew Coateshttp://www.tendancecoatesy.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-3225795457407230638.post-15680338532382921692012-01-28T14:53:27.665+00:002012-01-28T14:53:27.665+00:00A final point. Hollywood is once again seeking th...A final point. Hollywood is once again seeking the introduction of a similar kind of State Control and regulation over Copyright Piracy i.e. opposing greater competition that would undermine their monopoly. In fact, the Internet shows the real soution for now to these high salaries, precisely in the sense that it does facilitate greater competition, and helps break down Monopolies - whilst Boffyhttps://www.blogger.com/profile/08157650969929097569noreply@blogger.comtag:blogger.com,1999:blog-3225795457407230638.post-22926015043818971892012-01-28T14:41:45.055+00:002012-01-28T14:41:45.055+00:00The real rip-off of people in Financial Services c...The real rip-off of people in Financial Services comes through their lack of control over their Pensions. There is £800 billion in workers pension funds in the UK. Enough to buy up lock, stock and barrel a majority of the companies in the FTSE 100. In fact, that is where a lot of the money is invested. But, control over that investment is not in the hands of the workers whose money it is, butBoffyhttps://www.blogger.com/profile/08157650969929097569noreply@blogger.comtag:blogger.com,1999:blog-3225795457407230638.post-30206665538955274072012-01-28T14:41:05.916+00:002012-01-28T14:41:05.916+00:00There was an alternative presented on the Keiser R...There was an alternative presented on the Keiser Report today. It came initially from of all places City AM. They argued that these investment bankers were rather like lap dancers (Keiser chose instead street propstitutes in Amsterdam). Peter Stringfellow requires the lap dancers in his club to pay a house fee of over £100, to have the right to earn their bonuses. The prposal is that Bankers Boffyhttps://www.blogger.com/profile/08157650969929097569noreply@blogger.comtag:blogger.com,1999:blog-3225795457407230638.post-24921539912028340482012-01-28T11:33:19.882+00:002012-01-28T11:33:19.882+00:00Hi Boffy,
Good to hear from you.
I should just p...Hi Boffy,<br /><br />Good to hear from you.<br /><br />I should just point out I was <i>joking</i>: I don't really think executing bankers on charges of devil worshiping is a particularly good idea*. <br /><br />As you know, I am immensely supportive of the idea of worker controlled enterprise. But it is not a universal panacea. <br /><br /><br />In many ways, the problem we currently have inCharlieMcMenaminhttps://www.blogger.com/profile/00942021756417667913noreply@blogger.comtag:blogger.com,1999:blog-3225795457407230638.post-52978875527758506212012-01-28T10:07:53.055+00:002012-01-28T10:07:53.055+00:00Generally speaking one an arrangement that once ex...Generally speaking one an arrangement that once existed has been cast aside by history, it can rarely be gone back to. Even more rarely is going back to it, a good idea, or progressive. Look at Lenin's response to the idea put forward by Kautsky of trying to break up Monopolies to go back to the kind of small scale, free competition that existed before, and which Marx showed inevitably led Boffyhttps://www.blogger.com/profile/08157650969929097569noreply@blogger.com