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Finally! Darling admits they were wrong!
Comments
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The_Eskimo's_Donger wrote: »Grr that's far too cheeky! I haven't run up any debts (apart from student loan), I've been carful with my money, saved hard to get a deposit together, and refused to pay a hugely inflated price for a house with a ridiculously high LTV mortgage!
I'm quite adamant that the situation is not of my making but I'm still suffering. And he has the cheek to say we should all be sorry. The git.
Good on you, be patient, I have children at Uni and I’ve stressed to them to try and keep their debts down, as I do believe they will be better people for learning the value of money and managing its use.
I have warned them, as my father did me, to beware when they leave,
as MOST jobs pay you NEARLY enough to live on.0 -
Imagine if Brown gets deposed while he's away like happened to Thatcher.
Laugh, I just might.0 -
Graham_Devon wrote: »Alistair Darling has said they need to show some Humility for whats gone on in the past 15 years!
Breath of fresh air from the labour party. Seems Ed Balls has also jumped onto this while Gordon Brown is away.
He has admitted they have some blame in the regularatory stakes. Admitted basically it's not all home grown in America.
He says all of us (thats me and you too) should have some humility over how we have acted over the past decade.
Not sure if this is a sweetener to start the printing presses, but it's certainly welcome. Will we get some sort of muttering from Gordon Brown? Bet GB is livid!!
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4929979/Gordon-Brown-under-pressure-to-apologise-for-financial-mistakes.htmlKrusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
What a coincidence - a (very slight) admission from New Labour that maybe they're not the geniuses they thought they were, and guess who's out of the country?
I know Brown is not usually anywhere to be seen when bad news is dished out, but to hide in the US?
Psychologically flawed indeed...0 -
Sir_Humphrey wrote: »I seem to recall last summer, Darling claiming that the crisis was the worst since the Great Depression, for which he was roundly pilloried for 'talking down the economy'.
Damned if you do, damned if you don't.
It was also Darling who said on SKY TV he expected the UK economy to show growth in the second quarter of 2009....:rotfl: :rotfl: even the interviewer was shocked...You can't take him seriously.0 -
Ahhh, good old Brown....
The Prime Minister has insisted that he will not admit he was in any way responsible for the country’s economic troubles, despite being urged to by Alistair Darling.
Mr Brown also rejected pleas from other Cabinet colleagues to issue any sort of apology for the role he played while Chancellor in allowing banks and the City to operate unfettered. He has told aides that he “has nothing to apologise for”.
Instead, he will use a speech to the US Congress in Washington today to claim that the crisis was a global one and not the fault of individual governments.
http://www.telegraph.co.uk/news/newstopics/politics/gordon-brown/4934808/Gordon-Brown-increasingly-isolated-over-refusal-to-apologise-for-recession.html
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Graham_Devon wrote: »Ahhh, good old Brown....
The Prime Minister has insisted that he will not admit he was in any way responsible for the country’s economic troubles, despite being urged to by Alistair Darling.
Mr Brown also rejected pleas from other Cabinet colleagues to issue any sort of apology for the role he played while Chancellor in allowing banks and the City to operate unfettered. He has told aides that he “has nothing to apologise for”.
Instead, he will use a speech to the US Congress in Washington today to claim that the crisis was a global one and not the fault of individual governments.
http://www.telegraph.co.uk/news/newstopics/politics/gordon-brown/4934808/Gordon-Brown-increasingly-isolated-over-refusal-to-apologise-for-recession.html
Brown seems to be getting more and more detached from reality, reminds me of the Hitler's last days. Browns finished, even he knows it now, just don't expect him to admit it.0 -
Brown seems to be getting more and more detached from reality, reminds me of the Hitler's last days. Browns finished, even he knows it now, just don't expect him to admit it.
I heard him on Today and just couldn't believe the crap he was sprouting. He's trying to play the innocent victim game: Britain is an innocent victim to events wholly out of our control and there was nothing he could have done to prevent that.
His pontification continued that is was the withdrawal of financing that caused the recession, and that in order to solve the problem one needs to understand what is going on (does he realise that is the same excuse that the Icelandic lot used to claim that they didn't need to resign). No mention of the overblown housing market at all.
Fabulous stuff!
Thank god he's here to save the world.
Queue Rochdale to come and claim that its a global recession...0 -
leveller2911 wrote: »It was also Darling who said on SKY TV he expected the UK economy to show growth in the second quarter of 2009....:rotfl: :rotfl: even the interviewer was shocked...You can't take him seriously.
The point is if they believe in a pick up then they can justify not reducing the quantum of the budget. If they were honest about how they expected events to turn out then there would have to be serious cutbacks, not exactly good before an election is it?0 -
leveller2911 wrote: »It was also Darling who said on SKY TV he expected the UK economy to show growth in the second quarter of 2009....:rotfl: :rotfl: even the interviewer was shocked...You can't take him seriously.
Ironically, I think you have just proven my 'damned if you do, damned if you don't' comment.Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith0
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