Wednesday, February 10, 2010

Overpaid Economists and Mervyn King whose jobs are protected by Employment Laws

Gosh, what a hard life has Mervyn King, the Governor of the Bank of England. Four times a year he has to present a Quarterly Inflation Report.

A Report which nobody bothers to read anymore, because they have already gotten all the trends from plentiful other sources, and in any case, in the years up to the Global Credit Crunch Financial Crisis of 2007, the reports completely failed to take into account useful measures of inflation other than the Mickey Mouse versions that your average Ten year old son could concoct, and hence failed to notice that the whole Global Human Economic Machine was like a Corrupted Software Fault requiring a Seldon Crisis Resolution.

Mervyn King's job is protected by UK and European Employment Laws, and so too are the jobs of the many economists and bankers who still cling to their overpaid positions because unfortunately they haven't the decency to commit seppuku in Traditional Japanese Style for their miserable failures.

Trade Unions think that these Employment Laws are for the "working class", but these laws have protected jobs in Management and jobs of non-productive employees, while ruining everything for everybody, which is why Britain today has a Manufacturing Output today that makes it an embarrassment compared to France and Germany.

And which is why today Kraft announced that they were closing the Cadbury's factory in Bristol and getting rid of 400 jobs. Because they only way you can get rid of jobs under these employment laws, is to shut down the whole organisation and shift the production somewhere else, in this case to Poland.

What did Peter Mandelson do about this? Oh, he farted. After all, don't forget, that Peter Mandelson and New Labour were Intensely Relaxed about Some People Getting Filthy Rich. Those were his Champagne Socialist words when they were sailing on what they claimed to be a healthy economy, although it was funded and enabled by the blood, sweat and tears of one billion people in China whom they were building up debt against. I was living in London the whole time, and I could see all the problems around me, but they were sitting in West London, eating free food at the House of Commons, and drinking endless champagne and parties thrown for them by filthy rich people.

I hate Peter Mandelson, but what I really hate more are the people who voted for Peter Mandelson.

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