David Cameron, speaking on the Andrew Marr show on the BBC, has made yet another concerted effort to pull the wool over the electorate's eyes. Talking about curbing excessive exectutive pay he's suggested that giving more power to shareholders is the way forward. We asked our economics editor for his reaction; "More flannel - all top show and no substance as usual. The vast majority of shareholders are large financial concerns such as pension funds and they have no interest in curbing executive pay since they're run by executives who are often one and same individuals. Small shareholders won't get a look in believe me. What Cameron wants is a fig leaf not a solution - a sticking plaster when what's required is major surgery. The entire capitalist system is breaking down because of the greed of a few thousand individuals and this will do absolutely nothing to break their grip. It's not surprising to be honest - David Cameron fully expects to join them as soon as he's slung out of office and he's simply looking to feather his own nest."
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