Let 'em go

Interesting stuff here from the sometimes sensationalist, but usually worthwhile, Robert Peston at the Beeb: RBS directors have threatened to walk out if they aren't allowed to pay £1.5bn in bonuses.

I say sack the lot of them and replace them with some of our 2.5 million strong unemployed reserve army of workers who could probably do the job a damn sight better.

Shit, I could do it better. And I'd do the director job a damn sight cheaper than any of these f***ers... say £100,000 a year? That be OK? I would do it for less but I'm earning good money as it is. They'd probably be able to find someone cheaper - and better - than me.

And as for the bankers who have threatened to walk if they're not paid their bonuses? Guess what - they can piss off as well. Middle-ranking civil servants would do a much better job at lower cost.

I've finally sussed it. The key to a sustained economic recovery... is to get the morons who got us into this out of the way as fast as possible. And that means a cull of private sector financial managers and senior bankers. Let's kick out the jams and start again. I'm no fan of the Chairman but you could almost call it a little Maoist.