The singer Billy Bragg has begun a campaign to encourage taxpayers in the UK to either withhold their tax (if they are self employed) or write and complain to the Chancellor of the Exchequer Alistair Darling (if they are on PAYE). He is angry at the bonuses about to be paid to senior bankers at RBS - the bank bailed out by the UK Government (and therefore the UK taxpayers) in 2009. The bank posted huge losses, and yet some of those working at the bank are, in effect, the highest paid civil servants in the UK. It's most definitely wrong.
You can join Billy's campaign here. The sooner the better too, as tax deadlines are approaching as are the payments to the bankers. It's time for fat cat bonuses, in a time of recession and Government bailout, to stop.
As an aside I wondered why we use the term 'fat cat'. Wikipedia, as ever, has the answer :
The term's coinage for political purposes has been attributed to Frank Kent, a writer for the Baltimore Sun whose essay "Fat Cats and Free Rides" appeared in the American Mercury, a magazine of commentary run by H. L. Mencken. Kent wrote:
|“||A Fat Cat is a man of large means and no political experience who having reached middle age, and success in business, and finding no further thrill ... of satisfaction in the mere piling up of more millions, develops a yearning for some sort of public honor and is willing to pay for it. The machine has what it seeks, public honor, and he has the money the machine needs.|
I wonder if I've missed a point about its current usage. I didn't realise that a Fat Cat used their money for political advantage - was it just me oblivious to this or is it's recent adoption there to remind us that those working in industry often pull political strings?