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Brown Promises Banking Clear Up

135

Comments

  • No don't forget we need to pay these huge salaries to attract the best people blah,blah,blah,blah
    The Early bird may catch the worm ...but its the second mouse that gets all the cheese!
  • treliac
    treliac Posts: 4,524 Forumite
    No don't forget we need to pay these huge salaries to attract the best people blah,blah,blah,blah

    Looks like we got the wrong ones then!
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    treliac wrote: »
    Looks like we got the wrong ones then!

    Who could argue with that?! But an alternative perspective might be that while we do need wages that will keep the best bankers in UK, we need to accept that everyone is drawn to them- I mean, I wouldn't turn them down and I can't spell and add up on my fingers:D , and that whoever employs these people need some education in sorting wheat from chaff!
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    SGE1 wrote: »
    This is ridiculous, the man's damned if he does, damned if he doesn't. If he'd said exactly the opposite, i.e. we're going to leave the regulatory landscape as it is, the very same people would be out here, throwing the same abuse.

    Admit it, you're all here with your anti-Brown agenda, ready to hijack any thread remotely related to the PM. The headline could have read "Brown saves 7 drowning babies" and you'd still be out with your pitchforks, frothing at the mouth like a pack of dogs.

    The trouble is, Brown talks but does nothing (except use taxpayers' money to correct his mistakes and try to shore up what greedy mega-thieves have done to our economy).

    If he truly meant what he said then he would (for a start) take major steps to stop the bonus culture and the profiteering that is still blatently going on in anything from transport outfits and councils to politics and financial companies. He would also take steps to revoke knighthoods and peerages to individuals who have disgraced themselves (which make a mockery of the whole honours system). If the law needed adjusting, he would be acting to make this possible. Clearly, however, he is doing nothing about either thing, except issuing forth with the usual verbal garbage.

    There is a desperate need for a change in the government. This one is too closely tied to the fraudsters and wreckers of our country, having actively supported them for many years – it has its snout in the same trough.
  • geoffky
    geoffky Posts: 6,835 Forumite
    Looks like he may be pulled aside at the next bilderberg meeting and told to get back in line..
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Dan: wrote: »
    Gordon Brown has reiterated his call for a clean-up of the financial system to ensure what he called "banking responsibility" in the UK and abroad.


    The arsonist turns on the fire hose, even though only embers remain.:rolleyes:
  • Fun though partisan bickering can be, it does get a little tired when vomited out at every possible occasion. Regardless of who wins the next election or who you support (and frankly I couldn't give a toss right now - in the current climate 15 months is an eon away), we still have to fix this thing, and this is where some of you seem disconnected with reality.

    Even setting aside the discussions about how much debt we have and hat is sustainable, we are still faced with a global recession and a global banking crash which only a global solution can truly fix. Yes local level policy is important, but unless the global economy comes back to life its just tinkering around the edges.

    So the reality is that things have to be done internationally. We are lucky in that Gordon Brown - whether you like him or not - is a global player that others talk to. He's in Brussels right now at the emergency conference dealing with Eastern Europe's Eur180bn (or somewhere in that region) aid request to rescue not a banking crisis but their whole economies that have collapsed.

    Then he's off to Washington. Never mind who is first in to see Obama, they've asked him to address a joint session of Congress. Not the usual treatment for a visiting head of state. So Brown is in play to work on the global restructure of capitalism that is to play out this summer. Whatever you think of him, you all want him to deliver (unless you truly want the economy here to crash....?), so as the OP raised the question, what do you want this to look like?

    There seems to be a disconnect with many of you between your partisan rhetoric (and as someone who spouts his own, some of it is truly first rate!) and the reality on the ground. You may not like the fact that this is a global event, but it is. You may not like the fact that banking regulation has failed almost universally at pretty much the same time, but it has. You may be unhappy to concede that our banks like most countries banks have entangled themselves in a global web of debt way outside the reach of UK regulation, but they have.

    So here we are. Put aside the "Brown this" and "Brown that" and look at the reality. Did not having Brown save any of the other countries in this mess? Did not having a Labour government and ideology save the right-wing governments? Brown may well be all the names under the sun, but one man cannot create a global catastrophe in capitalism. So, do you want him to fix it or don't you? because the reality is like him or loath him he remains PM until next June, and is a global player with influence. Do we use that or lose that?
  • abaxas
    abaxas Posts: 4,141 Forumite
    Fun though partisan bickering can be, it does get a little tired when vomited out at every possible occasion. Regardless of who wins the next election or who you support (and frankly I couldn't give a toss right now - in the current climate 15 months is an eon away), we still have to fix this thing, and this is where some of you seem disconnected with reality.

    Even setting aside the discussions about how much debt we have and hat is sustainable, we are still faced with a global recession and a global banking crash which only a global solution can truly fix. Yes local level policy is important, but unless the global economy comes back to life its just tinkering around the edges.

    So the reality is that things have to be done internationally. We are lucky in that Gordon Brown - whether you like him or not - is a global player that others talk to. He's in Brussels right now at the emergency conference dealing with Eastern Europe's Eur180bn (or somewhere in that region) aid request to rescue not a banking crisis but their whole economies that have collapsed.

    Then he's off to Washington. Never mind who is first in to see Obama, they've asked him to address a joint session of Congress. Not the usual treatment for a visiting head of state. So Brown is in play to work on the global restructure of capitalism that is to play out this summer. Whatever you think of him, you all want him to deliver (unless you truly want the economy here to crash....?), so as the OP raised the question, what do you want this to look like?

    There seems to be a disconnect with many of you between your partisan rhetoric (and as someone who spouts his own, some of it is truly first rate!) and the reality on the ground. You may not like the fact that this is a global event, but it is. You may not like the fact that banking regulation has failed almost universally at pretty much the same time, but it has. You may be unhappy to concede that our banks like most countries banks have entangled themselves in a global web of debt way outside the reach of UK regulation, but they have.

    So here we are. Put aside the "Brown this" and "Brown that" and look at the reality. Did not having Brown save any of the other countries in this mess? Did not having a Labour government and ideology save the right-wing governments? Brown may well be all the names under the sun, but one man cannot create a global catastrophe in capitalism. So, do you want him to fix it or don't you? because the reality is like him or loath him he remains PM until next June, and is a global player with influence. Do we use that or lose that?

    Agreed,

    Without a proven liar at the helm, we have no chance.
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    So here we are. Put aside the "Brown this" and "Brown that" and look at the reality. Did not having Brown save any of the other countries in this mess? Did not having a Labour government and ideology save the right-wing governments? Brown may well be all the names under the sun, but one man cannot create a global catastrophe in capitalism. So, do you want him to fix it or don't you? because the reality is like him or loath him he remains PM until next June, and is a global player with influence. Do we use that or lose that?

    I'm afraid you're in cloud-cuckoo land with your adulation of Brown. The fact is that he, and in fact the whole labour party, is well tainted with the same brush as all the people who have profiteered from this debt-fuelled culture – which taxpayers like me and others I know, who were prudent and did not buy into the wasteful, immoral, celebrity-obsessed 'must-have' thinking, are now going to have to pay for.

    My point in my previous post is that this government has its snout in the same trough as the fraudsters and profiteers, that it has no credibility and that it is incapable of pulling the UK out of this massive crisis. Brown's view has not in fact changed – he still wants to encourage individuals to borrow and spend, and to take huge risks at a time when jobs are being lost all over the place.

    There must be culpability, and punishments meted out to those who created this mess, or stood by as it was being created, e.g. with their 'no more boom and bust' rhetoric, when it was as clear as daylight to countless 'prudent' people (by no means experts, just individuals with some common sense) that the boom could not be sustained. (Many of them posted to this effect on these boards.) If this does not happen, if there is no warning given that immoral behaviour causing hardship and suffering for millions will not be tolerated, what will prevent the same sort of scenario again once we get out of this mess (if we ever do)?
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    I for one would never want the man who fanned the flames of financial disaster and poured petrol on the fire of a crisis which will haunt this country for decades to be given the chance to "put things right" .He and the rest of his ilk have feathered their nest for the last 15 years or so.

    There is NO trust left , no respect,no confidence left in any of them, Labour or Conservative.As for Brown being a "player on the world stage" who is listened to, dont make me laugh, when he did have a sensible idea (which is very rare)and suggested that Europe acted together they totally ignored him and all did there own thing and more protectionism has set in, so they obviously take what he says with a pinch of salt.

    If you had a poll on here and asked (when it was annouced) would the VAT cut make any difference? I bet 95% would have said NO and they,d be right.

    I don,t have the answer but I can say those who have dropped us in this should resign NOW ( with only a small pension), none of this is being passed through parliament , this isnt democracy.....We have the right to decide who gets us out of this , ELECTION NOW .!!!!!!
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