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Gordon Brown: "not me Guv, I wouldn't change a thing"
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Having just noticed the full title of this thread I am reminded of Norman Lamont famously telling the press that he was in the bath on Black Wednesday singing "Non, Je ne regret rien". On Black Wednesday, having burned £15bn that day trying to keep Sterling in the ERM.0
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Rochdale_Pioneers wrote: »On Black Wednesday, having burned £15bn that day trying to keep Sterling in the ERM.
£15 billion? Amatuer!...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Rochdale_Pioneers wrote: »Having just noticed the full title of this thread I am reminded of Norman Lamont famously telling the press that he was in the bath on Black Wednesday singing "Non, Je ne regret rien". On Black Wednesday, having burned £15bn that day trying to keep Sterling in the ERM.
Amusingly I was also reminded of that, on the wikipedia entry for David Cameron, where it is suggested that it (the statement) was his idea.0 -
So how do the German govt and other continentals handle their future pension obligations on or off balance sheet? I do know that they have generous pensions. This is a genuine question as I don't know.
!!!!!!, did you give me a reply to this?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Gordon Brown makes me sick!
He came to office proclaiming an end to boom and bust, he sat there claiming prudence during the boom, and now we've got the bust and it's all someone else's fault.
What an utter toe-rag the man is.0 -
neverdespairgirl wrote: ȣ15 billion? Amatuer!
Well there has been much bemoaning of the £12.7bn spent on the VAT cut - cash which will filter back through into pockets and then the shops as we go through this year. Lamont (ably advised by a certain Dave Cameron) burned £15bn in a single day trying to keep Sterling in the Exchange Rate Mechanism at an unsustainable exchange rate.
What is worse? An economic gamble being done in various ways the world over to get cash back into the economy? Or burning a vast sum of cash in pursuit of a failed policy? And BTW reflections on the past are done only to show to the crowd insisting that all was manna from heaven pre-97 that things were generally bad to worse. Go look at a history book if you weren't around.0 -
I heard on R4 news tonight that Cameron's plans for a tax cut on savings has been described by Brown as "the economics of a madman".
It did raise a slight smile.Happy chappy0 -
he should be hanging his head in shame0
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Rochdale_Pioneers wrote: »What is worse? An economic gamble being done in various ways the world over to get cash back into the economy? Or burning a vast sum of cash in pursuit of a failed policy? And BTW reflections on the past are done only to show to the crowd insisting that all was manna from heaven pre-97 that things were generally bad to worse. Go look at a history book if you weren't around.
Why is it an either / or? They were both crap decisions, but Brown's crap decisions are in the here and now....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Rochdale_Pioneers wrote: »Well there has been much bemoaning of the £12.7bn spent on the VAT cut - cash which will filter back through into pockets and then the shops as we go through this year. Lamont (ably advised by a certain Dave Cameron) burned £15bn in a single day trying to keep Sterling in the Exchange Rate Mechanism at an unsustainable exchange rate.
What is worse? An economic gamble being done in various ways the world over to get cash back into the economy? Or burning a vast sum of cash in pursuit of a failed policy? And BTW reflections on the past are done only to show to the crowd insisting that all was manna from heaven pre-97 that things were generally bad to worse. Go look at a history book if you weren't around.
How much did Brown p1ss away when he sold off our gold reserves? Rather more than £15bn, I heard.0
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