Today we hear about his grand plan to curb City bonuses...
The government is ready to tighten laws to curb City bonuses in a bid to prevent bankers from taking excessive risks, Alistair Darling has said.
The chancellor told the Sunday Times he was "quite clear" large rewards for bankers had encouraged risk-taking and contributed to the current crisis.
He said he understood public anger over the issue and if tougher legislation was required ministers would act.
Of course Darling is having to fiddle with this knob because he fiddled with other knobs before. And it probably means he will have to fiddle with even more knobs in the future.
The point here is if he hadn't bailed out the banks and introduced his Zimbabwe based monetary policies none of this would have happened. Because if the bad banks had gone under all the bad 'loads a money' bankers would have lost their jobs. Which would have made quite a lot of people quite happy.
While the remaining good bankers would have kept their jobs or been re-employed by good banks. And you can't begrudge a good employee a good bonus.
However Darling decided to start fiddling with the knobs and he is now stuck in a runaway knob-fiddling extravaganza. Which as we all know can only end in a great big mess.
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Have you ever seen the episode of Father Ted, 'Think Fast Father Ted'? In this episode the eponymous hero receives a shiny new car to raffle off and raise funds to fix the roof and pay the heating bill for the oncoming winter.
Upon arriving home, Father Dougal points out a tiny dent in the bodywork, so Ted decides to tap it out. Unfortunately in doing so, Ted creates another which, in turn he tries to tap out.
Several hours of tapping later, Ted surveys the wreck of a car he is left with but can't quite fathom that he's completely ruined his prize.
That is until he wakes in the middle of the night, screaming at the horror at what he's done.
I wonder if Ali D wakes in the middle of the night screaming in horror at what he and his cohorts are doing with their unrelenting tapping out of barely perceived flaws with this country.
I love 'Father Ted' but hate this fecking government.
---Off topic---
Congrats on making the top 20 Libertarian Blogs in the Total Politics poll.
Here's the top 20 Libertarian blogs, with links, as voted for by the admiring millions.
It'd be great if everybody on the list (specially the big boys) did the same; either copy the post, or link to it from your own blog.
A little bit of mutual backslapping and link-love, eh?
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