Tuesday, February 01, 2011

They have lost their fear

Mervyn King, ruler of the Bank of England and all he surveys, has been awarded a £1.4 million top-up to his already exceedingly generous final income pension scheme. This is at a time when the said King is warning of a contracting economy - not least as a result of his mismanagement - telling us that we are going to have to "tighten our belts".

If there is a good reason why we should not rise up and slaughter them all, I really would like to know it. I am having enormous difficulty working this one out for myself.