Thursday, February 5, 2009

Sitting here today pondering some imponderables. Mainly to do with the financial crisis and they all remain a complete mystery to me. I wonder if any one else fits into this category. Here in Ireland the boom is bust and the powers that be are busy scrambling around like chickens that have lost their heads.

The long and short of it is that the private sector are losing jobs, left, right and centre. They are pointing at the public sector and saying it is unfair that these jobs are secure and they must cut their pay. It is legally virtually impossible to do this so the Government has surreptitiously added a 7% levy on their pay without any consultation.

This strikes me as grossly unfair as I fail to see how the public sector had anything to do with the Banks lending foolishly. They were not the one's responsible for this. It was the fat cat's in the private sector getting the run of themselves and now innocent people must bail them out. Are we all missing something here?

2 comments:

  1. Great to see you blogging too, Kevin. Looking forward to seeing more of your observations. Thanks also for your recent comments.

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  2. Thanks so much for posting a comment Paul

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