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Gordon Brown is an economic genius. Discuss.

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Comments

  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Only because the mess had just been cleaned up over a good few years after labours last ruining of the economy.

    What, after the recession of the early 90s? Black Wednesday? Forcing thousands more miners onto the dole? Not convinced, sorry.

    As far as I can tell, Conservatives had their chance and made no real gains, now he same has happened from Labour. Where we go from here is what worries me.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    All this crisis has shown is the relative impotency of politicians.

    Gordon Brown has added to this by allowing the massive credit boom to happen unhindered by pesky regulation. Then he bails out the banks. What lessons do the financial bankers learn? Sod all.....that they can adopt risky strategies and get bailed out if it goes pear.

    So is he a genius? NO. Grade A numpty morelike. How can this government preach financial sobriety to the masses when they cant demonstrate it themselves.

    As for the Labour / Tory argument, change the record. I think they are all self serving scum these days. I've only time for those who can be relatively honest with us, about the debts we face, and that aint Labour.
  • chopperharris
    chopperharris Posts: 1,027 Forumite
    perhaps the problem lies in having a political party at all , far too often the mp will vote a party line...not the voters line.

    If govt was more like jury duty then perhaps things would be a lot better , instead of voting in those that you dont know you actually have a mp serving the community and not their own pocket.

    Then again it could be the amrican way where the ones with money are voted in and are in the pocket of business instead of looking after the voter.
    Have you tried turning it off and on again?
  • I agree with Dan - Cameron is a kn*b - I couldn't vote for him or his sidekick (as I've said on here many times). He tries to come across as an ordinary bloke - well an ordinary bloke he is not. And I may not want to see the country run by Old Etonians. But that is my decision not yours and it doesn't make me any less worthy of a vote.

    I will use my vote in the way I want to, thanks. be it for Labour, LibDems, UkIP, BNP, the Greens or the Monster Raving Loony Party. It's my choice not yours.

    And I have the vote through the hard work of other people, as does everyone else.

    Vote for who you want, I am sure you are an enlightened intelligent individual able to make a choice on an informed basis. I am not telling anyone who to vote for, oh and FWIW as to who runs the couintry it is also my decision as it is everyone elses and that is the problem. We all get a vote even the stupid and unenlightened.

    I want the most competent people to run the country. I don't care what their school was and their background was. I have no snobbish preconceptions as to who that may be. I may or may not vote Tory. I may or may not vote for any other party. At the moment I am minded to vote Lib Dem but there is a long time to go til the next election.
    "There's no such thing as Macra. Macra do not exist."
    "I could play all day in my Green Cathedral".
    "The Centuries that divide me shall be undone."
    "A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Vote for who you want, I am sure you are an enlightened intelligent individual able to make a choice on an informed basis. I am not telling anyone who to vote for, oh and FWIW as to who runs the couintry it is also my decision as it is everyone elses and that is the problem. We all get a vote even the stupid and unenlightened.

    I want the most competent people to run the country. I don't care what their school was and their background was. I have no snobbish preconceptions as to who that may be. I may or may not vote Tory. I may or may not vote for any other party. At the moment I am minded to vote Lib Dem but there is a long time to go til the next election.

    Should the stupid and unenlightened have the right to vote withdrawn in-case they are not intelligent enough to vote for the "correct" party?
  • house123
    house123 Posts: 113 Forumite
    macaque wrote: »
    House123 has a screw loose. Discuss

    Really mac...... Fortunately the majority of voters do not read internet forums they listen to the media. 5 more years, 5 more years, 5 more years.
  • LilacPixie
    LilacPixie Posts: 8,052 Forumite
    If Brown was an economic genius he would of delivered what he promised 'an end to boom then bust' He didn't. He isn't.

    Never ever ever trust a Fifer
    MF aim 10th December 2020 :j:eek:
    MFW 2012 no86 OP 0/2000 :D
  • house123
    house123 Posts: 113 Forumite
    mbga9pgf wrote: »
    All said without the slightest contemplation of the fact ALL THE MONEY BORROWED STILL HAS TO BE PAID BACK


    They would have had no choice. The Kaputhing bank came under the deposit protection scheme.

    The Tories may have let markets correct naturally. Yes, it would have been painful but we would also see a much quicker recovery.

    Come on. They are just numbers on a computer screen. Sentiment drives us all and those big numbers are just helping to make us feel all warm and fuzzy again. Who cares about the debt, after all we have only recently paid off our debt for World War 2 and I can’t say I have ever noticed it being a problem. The debt will just be lost, written off and just the warm fuzzy feeling will be left. After all it’s what the banks are doing right now.
  • ollyshaw
    ollyshaw Posts: 704 Forumite
    Part of the Furniture Combo Breaker
    ad9898 wrote: »

    Question----'I earn 15k a year, I owe 70k on credit cards, how did it come to this.'

    Answer---- ' You spent more than you earn, doh!!'

    This is the same thing Brown is doing.

    Ha you're wrong, Brown has solved the problem by consolidating his debts into a £1,227bn loan. We don't have to worry about paying it back until after the next election. :beer:

    http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5949751/IMF-puts-UK-banking-bail-outs-at--1227bn.html
    ## No signature by order of the management ##
  • house123
    house123 Posts: 113 Forumite
    LilacPixie wrote: »
    If Brown was an economic genius he would of delivered what he promised 'an end to boom then bust' He didn't. He isn't.

    Never ever ever trust a Fifer

    [FONT=&quot]What bust. According to the media it will all be over by Christmas and Gordon will still have 5 months left to work on policy and his manifesto. He cannot lose![/FONT]
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