Jubilee've it ?

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Carping critic

Plenty of simplistic labelling, shallow outright dismissal and self-aggrandisement from Peter Hargeaves here (Bristol lacks leadership... but I won't be running for mayor).

He thinks everything is wrong about the way Bristol is run. He has the chance to put himself and his ideas - such as they are - into the mix to become the elected Mayor, should Bristolians vote to have one this May. He has huge resources to put into an election campaign. But he refuses point blank to be a candidate - so what he's says is no more than petty complaint and fault-finding. 

Also see here. 

Morality and money

It's commonly being said that RBS boss Stephen Hester has done the 'right thing' in giving up his bonus of nearly £1 million. On todays Daily Politics it was even described by one commentator as the 'moral' thing to do. Was morality his motivation? Surely the right and moral thing for this man to do would be to stick by what he believes in - huge salaries and very large bonuses - and work through the consequences of doing this. He has not given up his bonus because he believes it's right and moral to do. Its been widely reported (here for example)  that he did so because he did not want to be a 'pariah'. Its also been reported that his hand was forced by the prospect of a House of Commons vote (see here). For me being motivated by concern about being despised or confronted is not showing much moral spine at all. Mr Hester, who is still very likely to add to his already very large pile of money, has a morality comparable to RBS's directors, who according to the BBC's Robert Peston '...now recognise it would have been far better to delay the bonus decision until after the world had seen what Barclays' chief executive, Bob Diamond, is being paid - because Mr Hester's bonus would not look big in comparison.' They too are more concerned with impressions created than realities.

Other posts relating to Stephen Hester/RBS:

http://vowlesthegreen.blogspot.com/2010/01/when-will-bankers-like-this-get-their.html 

 http://vowlesthegreen.blogspot.com/2012/01/caring-compassionate.html

Overpaid Ormondroyd

Occupy Bristol protesters question leaders over pay rates.Why have so many comments on this story simply attacked those asking the questions? Its the issue that counts and tactical rather than fair argument is a distraction from the very important matter of who is paid what and why - and whether its fair and deserved. The current Chief Executive Jan Ormondroyd (pictured) is paid £107,000 per year more now than in 1998 - 122 per cent more than her predecessor 14 years ago. This £7600 a year rise every year for ten years, way above inflation and bearing no relation to the performance of Bristol City Council, cannot be right. Less than 10% a year says one person - but this sort of level of sustained increase has only been given to those already well paid and wealthy. Where's the justice in that?

BRISTOL City chairman Steve Lansdown raised £58 million yesterday by selling off shares in the stockbroker firm he helped to found.

Lansdown: now not living in the UK let alone Bristol or the West Country; now avoiding paying taxes here but clearly has made and is making shed loads of cash here....does he sound like someone committed to this country and this city to you?? Maybe someone would like to make the case for this man ??

BRISTOL City chairman Steve Lansdown raised £58 million yesterday by selling off shares in the stockbroker firm he helped to found.

Mr Lansdown – who has a personal fortune of £452m – recently bought a house on Guernsey and is now living full-time in the tax-free Channel haven.