lets get one thing right...he has given the Banks no money at all. He has simply given them an insurance scheme against any likely failures. With the price of land falling, no bank would lend money without a 100% guanantee against the loan, with-out this insurance scheme. The fact is every country is now following the lead given by Gordan Brown, in trying to stimulate the ecomomy. the next step has to be a large public spending budget, to help stimulate the ecomomy. April will be the bottom of this recession, we will bob along the bottom until September then i think you will see the green shoots of recovery, and 2010 will see us climbing out .
Please dont quote me and I could very well be wrong but doesnt just printing money lead to hyper inflation? ala Germany in the 30's?
firstly...depite what said above..just seen the banks will not be giving out a bonus to workers this year. quite rightly so..but the people that will feel the pinch is not the people at the top...who are the people that reallY cocked this up..but the front line counter staff, who have had nothing to do with this. We do see alot of people saying what Gordan Brown has done and what every other country has now copied,,,,,is wrong. Maybe you would like to put forward your ideas on how we move forward and get out of this recession then.
get rid of him and have an elected priminister
i have to say,ive gone past the point of caring, nothing we do or say will make a blind bit of difference anyway. maybe its the wrong attitude to have, but so far ive not seen anything that has wanted me to sway any other way
Nice to see a few posts I agree with.
Do you remember the Hitch Hikers Guide to the Galaxy. The planet that sent all the non productive members of society off to a new world where they quickly established a currency based on leaves.
I wonder what proportion of those at work in the UK actually make anything worth making.
I saw a lovely phrase in a banking regulators report. It stated six reasons for the banking crisis one of which was "a self-reinforcing cycle of irrational exuberance". Did we used to call that greed or stupidity?
We're not normally fans of Jeremy Clarkson but he got it completely right this time when he told Australian TV -
"We've got this one-eyed Scottish idiot in Britain called Gordon Brown"
Clarkson apologised later for referring to Brown's disbility and his race but said he wouldn't withdraw the statement that Brown was an idiot!
Just look at the bunch of drongos he's surrounded himself with - Mandelson, Hoon, Harperson, Blears, Straw, Darling, etc etc - not one of them could run a whelk stall properly.
We're not normally fans of Jeremy Clarkson but he got it completely right this time when he told Australian TV -
"We've got this one-eyed Scottish idiot in Britain called Gordon Brown"
Clarkson apologised later for referring to Brown's disbility and his race but said he wouldn't withdraw the statement that Brown was an idiot!
Just look at the bunch of drongos he's surrounded himself with - Mandelson, Hoon, Harperson, Blears, Straw, Darling, etc etc - not one of them could run a whelk stall properly.
Clarkson apologised later for referring to Brown's disbility and his race but said he wouldn't withdraw the statement that Brown was an idiot!
Just look at the bunch of drongos he's surrounded himself with - Mandelson, Hoon, Harperson, Blears, Straw, Darling, etc etc - not one of them could run a whelk stall properly.
well said ... when i came of voting age my dad told me never to vote labour .... never have done ... never will , they have screwed the country up twice in my life time already