Since the beginning of the Global Financial Crisis it has become customary for the government officials to rally against the corporate fat cats driven by sheer GREED. The benevolent government agencies were meanwhile painted as our saviours.
But while the corporate world was tightening its belts, the big government has been lavishing its commissars with big pay rises. It has been revealed that senior Reserve Bank managers received a massive 28.8 per cent increase in their total remuneration over the past year, at the same time as the Rudd government was lashing out at corporate “fat cats”.
Is this simply another case of “all animals are equal but some are more equal than others” or “two legs bad, four legs good”?