Government policy is totally confused. Firstly, the state-owned Northern Rock is paying millions in bonuses to its staff, while Gordon Brown boasts of a banking bonus crackdown. Secondly, the Government is paying bonuses to people for achieving a policy that it has just reversed - shrinking Northern Rock's lending in the middle of credit crunch.
So the government is using your money and my money to reward people who work for a company which is failing to lend and was a prime cause of the banking crisis which is paralysing our economy. One wonders what they would have to do to be fired.