No to bankers bonuses -(RBS)

There is a small dilemma the government is going through. It is to allow RBS (Royal Bank of Scotland) to pay it's employees a one billion pound bonus; even though the bank would of by any other means have gone bankrupt had the government not stepped in to save it. Each and every one of those bankers would be on the dole cue. There would also have been complete and utter chaos in the country. With all those pension funds, asset management schemes, mortgages and personal savings suddenly becoming cattle fodder. All because the banks are now too big to fail. The banks therefore have a responsibility to every single person who is their customer, both directly and indirectly to be secure. However, they are private organizations who's goal is to make money and in trying to make money they can become vulnerable. The worse thing any country can have is a vulnerable bank. So now unless the government decisive action and pay the bonus to RBS staff then high fyers will leave the bank. But I can not help ask myself, if they are such high flyers in the first place why is it they had to be bailed by the government? In any other private company the government would of just called in the administrators. Further comes the question of bankers infinite arrogance of their own self worth. A highly inflated self worth, so high it even makes the earlier MPs expenses scandal seem like pocket change in comparison. The fact is there are highly competent people out there in the world doing highly complex jobs, pressurised jobs, skilled jobs and they earn nothing more than the average wage.

Personally I say if the bankers want to leave their jobs then let them. They are not worth it, not worth a penny more than the average wage. And probably worth quite a lot less. In addition banks should be split up again by decree of law. This way if any of them feels the need to be reckless then it will not bring the whole country down. However, to add even more weight to this argument there is no doubt the banking system should come under greater regulation. With the Financial Services Authority (FSA) being given the bark and bite of a rabid rottweiler to keep them all in place. Each and every CEO and executive officers in the banking industry for every bank which has had significant support should be taken to trial. The whole situation with the British economy will now mean for many years now, each and every tax payer will be paying and supporting the bail out of the banks. But it's not just through taxes, it will be the future spending of this country. On the country's National Health Service NHS, education and every other public service in existence. I can not reiterate how each and every single public service will be cut back as a direct result of the Banking institution in this country. How hundreds of thousands if not millions of people will be effected.

If this government allows RBS to give it's staff these bonuses, it will certainly of lost my vote in the next election and I think probably a lot of other people as well. The consequence might even be a kick up the backside for many MPs who have had more than one interest at heart.