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	<title>David Bates Financial Adviser &#187; Profits</title>
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	<link>http://davidbatesfinancialadviser.net/blog</link>
	<description>Financial Life in Spain</description>
	<lastBuildDate>Sun, 23 May 2010 22:36:03 +0000</lastBuildDate>
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		<title>Bankers versus Governments -Bonuses etc</title>
		<link>http://davidbatesfinancialadviser.net/blog/356/bankers-versus-governments-bonuses-etc/</link>
		<comments>http://davidbatesfinancialadviser.net/blog/356/bankers-versus-governments-bonuses-etc/#comments</comments>
		<pubDate>Sat, 23 Jan 2010 12:17:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[UK News]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Governments]]></category>
		<category><![CDATA[Investment Skills]]></category>
		<category><![CDATA[Investment Tax]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Rhetoric]]></category>
		<category><![CDATA[Scapegoat]]></category>
		<category><![CDATA[Tax Revenues]]></category>
		<category><![CDATA[Vote]]></category>

		<guid isPermaLink="false">http://davidbatesfinancialadviser.net/blog/?p=356</guid>
		<description><![CDATA[So can the major governments dictate to the banks on how to reward their staff and waht businesses they should be in? I doubt it very much. If the banks don&#8217;t generate profits from astute investment skills, then governments lose tax revenues, businesses cannot borrow money and the economy stagnates or continues to flounder. Leave [...]]]></description>
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<!-- End BidVertiser Referral code --></div><p>So can the major governments dictate to the banks on how to reward their staff and waht businesses they should be in? I doubt it very much. If the banks don&#8217;t generate profits from astute investment skills, then governments lose tax revenues, businesses cannot borrow money and the economy stagnates or continues to flounder. Leave the banks to do what they do best. By all means banks should learn the principles of sound lending, but apart from that all this rhetoric, particularly in the UK, where the parties are canvassing your vote in the impending election, the banks are being used as the scapegoat for government failings.</p>

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		<title>At last some honesty about the economy</title>
		<link>http://davidbatesfinancialadviser.net/blog/317/at-last-some-honesty-about-the-economy/</link>
		<comments>http://davidbatesfinancialadviser.net/blog/317/at-last-some-honesty-about-the-economy/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:39:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Recession]]></category>
		<category><![CDATA[Bbc]]></category>
		<category><![CDATA[Brave Step]]></category>
		<category><![CDATA[Bust]]></category>
		<category><![CDATA[Champagne]]></category>
		<category><![CDATA[Conservatives]]></category>
		<category><![CDATA[Cutting Out]]></category>
		<category><![CDATA[David Cameron]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Global Economies]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[Honesty]]></category>
		<category><![CDATA[New Business]]></category>
		<category><![CDATA[News Media]]></category>
		<category><![CDATA[Profits]]></category>
		<category><![CDATA[Receptions]]></category>
		<category><![CDATA[Red Wine]]></category>
		<category><![CDATA[Saviour]]></category>
		<category><![CDATA[Tory Conference]]></category>
		<category><![CDATA[Tv Screens]]></category>
		<category><![CDATA[What Does It Matter]]></category>

		<guid isPermaLink="false">http://davidbatesfinancialadviser.net/blog/?p=317</guid>
		<description><![CDATA[The Conservatives are certainly taking a brave step, by setting out the facts of the situation, that have been well documented elsewhere. There is a mountain of government over spend to deal with, and they are warning that it will hurt. Gordon Brown , desperately, tried to to tell us everything would be godd and [...]]]></description>
			<content:encoded><![CDATA[<p>The Conservatives are certainly taking a brave step, by setting out the facts of the situation, that have been well documented elsewhere. There is a mountain of government over spend to deal with, and they are warning that it will hurt. Gordon Brown , desperately, tried to to tell us everything would be godd and there would be a reduction in the debt, by more spending, which is self funding???</p>
<p>So what does it matter if we retire a year later, those currently in their 50&#8242;s anyway. If it does mean a better longer term pension, then it can only be good.</p>
<p>Cutting out waste is going to help, putting up taxes may have to happen, but that depends on how well the economy improves, and how new business can contribute tax on their profits. </p>
<p>The BBC in their carefully edited versions of events at the Tory conference, as usual managed to distort what was being said. I am sorry Gordon Brown, the media do decide elections. People do follow what they see in their papers and on the internet, as well as on their TV screens, and the point you seem to miss is that the messages , such as in the Sun newspaper, are repeated in all the various new forms of news media, which will only serve to drive home the message, &#8220;don&#8217;t vote for Gordon (Gone Bust) Brown, the self proclaimed saviour of the Global economies of the world&#8221;.</p>
<p>So what if David Cameron was handed a glass of bubbly, these things happen at receptions, where you are an invited guest. No-one really cares if he drinks champagne, surely. Quite frankly, I can&#8217;t stand the stuff&#8230;much rather have a nice glass of red wine, any day.</p>

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