Keel-Haul the Bastards!!

Posted: August 4, 2011 in Uncategorized

So Lloyds Banking Group managed to lose £2.3 billion in the first half of this year. This was in large part due to them having to compensate the people they conned in their insurance scam. This compares with the profit of £596 million during the first half of 2010.

They have got rid of another 15,000 people on top of the thousands of jobs of lower level workers already thrown on the dole.

Nevertheless Lloyds management have done such a fantastic job that they deserve a fat bonus. (note the sarcasm!) Outgoing CEO Eric Daniels received a package of £2.5 million, most of which was a performance bonus. The new CEO, Mr Horta-Osorro enjoys a salary of £1.06m, £4.5m in share options in his first year and bonuses of up to 300 per cent.

All this is yet another example of the nationalisation of debt, (We are told that we are all responsible for the bankers debts), and the privatisation of profit (They get the cash).

Every penny in their parasitic pockets in a penny stolen from our health service, our children, our elderly, and us!

Personally I dont agree with the death penalty, but I think something much stiffer than a re-education programme is called for.

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