Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
#1
Gordon brown, dump us in the brown stuff
Remember him the bankers friend
http://blogs.telegraph.co.uk/finance/thomaspascoe/100018367/Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#2
An interesting article. Brown's manipulation of the market to put a sticking plaster over a gaping wound. If he had not done that and had allowed the markets to play out then we would have had a crisis but a much lesser one than eventually stacked up, specially as he just carried on stoking up the problem at the core of the whole banking crisis. The man was even worse than I thought something I never thought possible.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#3
Not to forget that Ed Miliband was among the officers standing on the ship's bridge when it struck the rocks.
As for Labour in general, not only did they flog off Britain's gold assets at the minimum possible price, but also did away with many of our still-remaining industrial assets.
Guest 671- Registered: 4 May 2008
- Posts: 2,095
#4
Not one of GB's finest moments but let's not forget that he has gone on record to admit his mistake.
"BBC Article: Gordon Brown admits 'big mistake' over banking crisis"
Thatcher and thatcherites on the other hand won't admit that her de-regulation of London's Banking System has played its part in the 2007 global financial crisis.
Except of course for Nigel Lawson, Thatcher's Chancellor at the time, appearing on the Analysis program in 2010, to discuss banking reform, explaining that the 2007global financial crisis was an unintended consequence of her de-regulation of the banks"
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
John Buckley
- Registered: 6 Oct 2013
- Posts: 615
#5
Just one of the many reasons that I could never bring myself to vote labour in a thousand years. What on earth did we do wrong as a country to have Blair and Brown foistered upon us. I hope the link works! ( might need a copy and paste? )
www.youtube.com/watch?v=4Y7UvZKrQLQ‎
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#6
good point by gary i saw that piece by nigel lawson.
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
#7
Gary is effectively correct.
The Labour party, however, had time to put in a remedy, when in government.
But they steered the ship right towards the rocks.
Britain has one of the lowest gold reserves.
We have one of the highest public debts in relation to GDP and population.
But the present Coalition is meddling about with our patience. Social rupture seems on the horizon.
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
#8
Great to see you posting again Mr Buckley but very sad to see the way UKIP has gone in Dover over the last year I think it will cost them alot of votes no middle ground anymore and alot of rudeness coming out from their members,but they were not members when we were running it so where have they come from,as I have already said they just jumped on the bandwagon hoping to win seat on the councils it will not work.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#9
GaryC wrote:Not one of GB's finest moments but let's not forget that he has gone on record to admit his mistake.
"BBC Article: Gordon Brown admits 'big mistake' over banking crisis"
Thatcher and thatcherites on the other hand won't admit that her de-regulation of London's Banking System has played its part in the 2007 global financial crisis.
Except of course for Nigel Lawson, Thatcher's Chancellor at the time, appearing on the Analysis program in 2010, to discuss banking reform, explaining that the 2007global financial crisis was an unintended consequence of her de-regulation of the banks"
GaryC do you actually know anything at all about that de-regulation? From this clearly not. Quite frankly, to blame Mrs T who left office 17 years previously is, to put it as politely as possible, a joke. Remember, Mrs T said that banks 'are not ordinary businesses' she refused to reduce prudential regulation of the banks and it was that, done by Brown, which was at the heart of the banking crisis. She also was not the person who in government spent and borrowed irresponsibly or set an inflation target without regard to the levels of borrowing in the economy. What is more she established the first regulation of the retail financial services sector.
You quote Lawson but, in fact you also misrepresent what he said and the point he was making. Mrs T's reforms were extended by Brown beyond the point at which she was willing to go so, only in that context, in 'setting the scene' for Brown to screw things up was that quote correct.
Lawson himself, of course, was in dispute with Mrs T (and her adviser, Alan Waters) over EMU with Lawson insisting on shadowing the DMark in preparation to joining EMU. Eventually it was Major as Chancellor who forced her hand with the consequences we now all know about.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
#10
Vic talking about bandwagons, that's rich,
I was at the meeting when the old members voted to get rid of you
They where very happy to get rid
I didn't know of you at the time so did not comment or take part
But I can see now why they where so elated to see the back of you .
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#11
let's leave the personality politics out of it chaps.
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
#12
Thank you for saying that, but just to say what he said is not true I was the chairman and it was myself that closed Ukip down at the time.Sorry to add that but could not let him get away with it.Again that
remark will cost them even more votes.
Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
#13
If UKIP have the same effect on the Country as they have had on this forum then we are in for hard times, do you have to be aggressive rude and insulting to join?
Audere est facere.
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
#14
Mr Martin Sir that would not have happen if my committee was still in place.As I said running UKIP in Dover now is done by ex members of other partys that could not get anywhere so they have jumped on the bandwagon because they could see that UKIP was going places and hope it would take them with it,but because of the way they have wrote posts on the Dover Forum that will not happen in Dover sad but true but it is only in Dover this is happing we can see in folkestone just how good they are, that is run by a true UKIP man who is a mate of mine and also their committee is also made up of true UKIP members,and I will be helping them if they need me,We have got on very well in the pass and helped out each other.
Guest 671- Registered: 4 May 2008
- Posts: 2,095
#15
BarryW.
There you go again confusing facts with opinions.
Your opinions do not always equal facts, they are often self indulging opinions that you want to impose on all others on the forum, as facts.
Which quite frankly, to put it as politely as possible, is a joke.
And you will continue to blame GB & Labour for far more than 17 years, so I will continue to slay Thatcher, when and where I like, for as long as I live, which is my right.
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
#16
Yes it is your right.please do so.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#17
GaryC - that is a very weak response.
Are you saying Mrs T reduced prudential oversight of the banks? - the facts, yes facts not opinion, are what disagree with you. Brown was the one who did that when he introduced the tr-partied regulatory system, a fact of history and it was that which set us on the path to the banking crisis and enabled RBS in particular to do what Brown told them, to go out and take risks.
Are you saying that Brown did not set the disastrous inflation brief for the Bank of England? That is a fact of history not opinion. That held down interest rates too low for too long creating the debt bubble - a fact.
Are you saying that Mrs T went on a spending and borrowing spree? The facts show that it was Brown who did so, he increased the deficit during the growth phase of the economy when it should have been closed - a fact born out by history.
Perhaps you are saying she did not establish the first regulation of retail financial services? Well the 1986 Financial Services Act is a fact of history.
Perhaps it is the Thatcher/Waters dispute with Lawson and Major that you think is opinion? No a fact of history.
Gary - economics is my home turf and if your only defence is to pretend facts are mere opinion then you are deluding yourself as much as Labour are trying to delude the electorate.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#18
if you say so bsrry,both people are as bad as one and the other.both cocked up in some form.
Guest 671- Registered: 4 May 2008
- Posts: 2,095
#19
Brian, that is what I said in my post.
Including thatcherites having their heads up their backsides whilst suffering from amnesia.
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#20
Weak, very weak responses.
If that is all you have to say, that's game set and match.