Brown blasts "age of irresponsibility"

baby_boomer

FT Com

What a cheek. Talk about talking about shutting the stable door after the horse has bolted. This was his age and history will judge him for presiding over it.

Where was he for the last eleven years? The Chancellor i/c our financial regulatory system.

I seem to recall that when boom and bust had been abolished, we owed our never-ending prosperity to his wisdom and stewardship of the economy. As he reminded us at length twice a year. Now that bust has made an unwelcome return, it's suddenly someone else's fault :rotfl: .

He can't have it both ways. It's laughable.

Brian_Bullocks

baby_boomer wrote: »

FT Com

What a cheek. Talk about talking about shutting the stable door after the horse has bolted. This was his age and history will judge him for presiding over it.

Where was he for the last eleven years? Oh yes. As Chancellor i/c our financial regulatory system :rotfl:

Too right, the fool has got a lot to answer for!

phil_b_2

He didn't single-handedly force banks around the world to lend hundreds of thousands to people who couldnt afford it. He aint perfect but he's becoming one almighty scape-goat.

Leighthal

phil_b wrote: »

He didn't single-handedly force banks around the world to lend hundreds of thousands to people who couldnt afford it. He aint perfect but he's becoming one almighty scape-goat.

That reminds me of the saying 'When America sneezes the world catches a cold'

Well, we are well and truly covered in yankee SNOT!_pale_

ukdickie31

The age of irresponsibility ?

Get rid of this man !!

He bottled it 12 months ago...

He is responsible for the UK debt ballooning out of control making future generations pay for HIS mistakes.

WTF?_2

phil_b wrote: »

He didn't single-handedly force banks around the world to lend hundreds of thousands to people who couldnt afford it. He aint perfect but he's becoming one almighty scape-goat.

He was quite happy to take the credit for the boom and even as tax receipts were reaching record highs, he was busy borrowing unprecedented amounts of money thus leaving the public coffers empty just as they are most needed.

There were all sorts of measures his chancellorship could have employed to curb the insane housing boom and to regulate the markets. Yet he abjectly failed at them all.

He may not be to blame for the financial crisis on Wall Street but he most certainly is one of the chief culprits behind the grave situation the UK is now facing.

experience08

phil_b wrote: »

He didn't single-handedly force banks around the world to lend hundreds of thousands to people who couldnt afford it. He aint perfect but he's becoming one almighty scape-goat.

But he was, as Chancellor, responsible for the housing bubble in the UK and the lack of regulation in the banking industry.

Cannon_Fodder

Pot...kettle...black.

mrstinchcombe

This article from a few years back more or less sums up the "age of irresponsibility".

http://www.telegraph.co.uk/news/uknews/1531448/Brown%27s-raid-on-pensions-costs-Britain-andpound100-billion.html

dad-of-4

phil_b wrote: »

He didn't single-handedly force banks around the world to lend hundreds of thousands to people who couldnt afford it. He aint perfect but he's becoming one almighty scape-goat.

Come on Phil, he facilitated and encouraged the housing/debt bubble, wich was very convenient for him, afterall it allowed so many people to pull the wool over their own eyes and actualy think they were wealthy and doing well, when infact they were not, its been nothing more than a convenient way to boost the banks profits, retailers profits, keep labour in power, yet keep the man in the street poor without him even realising just how poor he is.

yeah the public need to take responsability for their own stupidity & greed, (it annoys me that to many dont) but brown facilitated and encouraged people to be greedy, aspire to the things they had no entitlement to.

Llyllyll

I'd expect nothing less from Gordon Brown, the most half-asr5ed and truly incompetent PM we've had in a long time.

I won't take credit for this quote, but I read somewhere, not long ago, that:

"The greatest gift Tony Blair gave this country was keeping Gordon Brown out of office for so long".

Now that he has finally had a stab at it he's manged to decimate, in a matter of months, what would take most others at least several years (if not longer) to achieve... (although if you count his time as Chancellor as well :mad:)