BANKER ON HOW TO SOLVE DEBT CRISIS: Public Needs To Work Harder For Less Money & 50% Fewer Benefits

[Shallah Kali]

BANKER ON HOW TO SOLVE DEBT CRISIS: The Public Needs To Work Harder For Less Money And 50% Fewer Benefits

Read more: http://www.businessinsider.com/hans-jorg-rudloff-barcap-work-more-less-benefits-2011

An investment banker from BarCap recently told the Forum of Economic News that he's got the solution to bring "competitiveness" back to the European Union.

Cut benefits by half, and make everyone work harder.

The comments from Hans-Jörg Rudloff, the head of the Management Board of investment bank Barclays Capital, will obviously infuriate the public, who will remember that BarCap paid out bonuses that were so good this year that bankers gathered at a bar immediately after work for a champagne toast to everyone receiving "at least a £600,000 bonus."

snip

"Populations are not ready to voluntarily discipline themselves in more work, less rewards, and less security. And it's only that the population would react like this and here, its a question of democratic leadership and a question of whether indeed we are able to reinvigorate ourselves and to state public ally in this world that that we want to be competitive."

[The Magistrate]

1. They Make Meat-Hooks And Piano-Wire Especially For This Sort Of Thing, Sir....

Like charity, sacrifice begins at home.

[notesdev]

2. That's fine

But first we cut the bankers in half. In the final analysis, that is by a great margin the biggest drain on our competitiveness.

[jtuck004]

3. I am sensing a theme here. Tthink of how bankers could be used in sustainable

agriculture.

Right next to the rotting horse manure...

[aquart]

4. I thought I was the only one thinking tumbrels and guillotines.

One banker's head a day could keep the deficit away.

[vicarofrevelwood]

5. Let them Eat Cake? Fuck you Tax the Wealthy Now Or Eat them Later.

That is the only message they understand.

[Sherman A1]

6. I have an idea as well, although one suspects that

Hans-Jorg, Rudolff may find them less to his liking.

Somethings along the lines of tax and regulate the corporations (and banks) into the dirt.

[avaistheone1]

7. Let's eat the bankers.

Of course then we will have to :puke:

[roxiejules]

8. The Jungle

Just finished re-reading Upton Sinclair's, The Jungle - corporations are sounding more and more like the bosses of the slaughterhouses.

[yurbud]

9. is it Bastille Day yet?