Explain why you sold Britain's gold, Gordon Brown told

A._Badger

Former_Spice wrote: »

£ 2 Billion divided by £50000 is 40,000. Do you really think that there are only forty thousand families in the country? It's more like £50 a family, not the ridiculous figure you came out with.

http://www.dailymail.co.uk/news/article-1255305/Gordon-Brown-blunders-cost-family-50-000-PM-blame-ruining-economy-say-Tories.html

There are other sources in case the Mail upsets your ideology. The man is an imbecile and a menace.

chucky

A._Badger wrote: »

http://www.dailymail.co.uk/news/article-1255305/Gordon-Brown-blunders-cost-family-50-000-PM-blame-ruining-economy-say-Tories.html

There are other sources in case the Mail upsets your ideology. The man is an imbecile and a menace.

no wonder you're not rich if you can't do the basic math - £50k per person

forumonics at it's best

nicko33

So the sale of the gold accounts for about £50 of that £50,000 per family.
It's a drop in the ocean compared to everything else being mentioned in that article.
2.3 billion out of 1.3 trillion

There seems little point obsessing about the gold in that context.

A._Badger

chucky wrote: »

no wonder you're not rich if you can't do the basic math - £50k per person

forumonics at it's best

Now go and read the link.

A._Badger

nicko33 wrote: »

So the sale of the gold accounts for about £50 of that £50,000 per family.
It's a drop in the ocean compared to everything else being mentioned in that article.
2.3 billion out of 1.3 trillion.

There seems little point obsessing about the gold in that context.

So that's another one for whom the squandering of £7 billion and the subsequent refusal to account for it is no big deal.

No wonder we get such politicians.

chucky

A._Badger wrote: »

Now go and read the link.

did you bother to do the math to see if it's £50k or just £50 or did you believe it was true just because the Tory party and the Daily Mail said it was...

btw did you know that the Pope is Catholic?

JamesU

A._Badger wrote: »

So that's another one for whom the squandering of £7 billion and the subsequent refusal to account for it is no big deal.

No wonder we get such politicians.

Every government since the 1980s has been squandering our black gold with little to show for it. Do not know the exact figures but maybe £500 billion over 30 yrs? Round the figures down to £15 billion each year? So in the gold light of day, Gordon has not been overly naughty has he?

JamesU

A._Badger

JamesU wrote: »

Every government since the 1980s has been squandering our black gold with little to show for it. Do not know the exact figures but maybe £500 billion over 30 yrs? Round the figures down to £15 billion each year? So in the gold light of day, Gordon has not been overly naughty has he?

JamesU

You might claim governments have been squandering our oil (doesn't gas count?) and others might clam they have been squandering much of their general tax revenue, as well.

The point remains that Brown's behaviour over the gold reserves was a unique case - which is why the Press and others have been hounding the Treasury with FOI requests.

The more Labour groupies like to pretend 'nothing to see here, move along' the more ridiculous it seems.

Just far would this gargoyle of a prime minister have to go before his apologists admit he is flawed - acts of cannibalism, perhaps?

JamesU

A._Badger wrote: »

You might claim governments have been squandering our oil (doesn't gas count?) and others might clam they have been squandering much of their general tax revenue, as well.

The point remains that Brown's behaviour over the gold reserves was a unique case - which is why the Press and others have been hounding the Treasury with FOI requests.

The more Labour groupies like to pretend 'nothing to see here, move along' the more ridiculous it seems.

Just far would this gargoyle of a prime minister have to go before his apologists admit he is flawed - acts of cannibalism, perhaps?

Agree with all the squanderings you mention. But selling gold at the "wrong" price is easy to criticise with hindsight, the manner in which it was sold is a different matter. Why is GB selling an asset at the wrong price so unique? Should Thatcher have sold off all those council houses on the cheap when they would be worth a pretty penny right now? How many more unique examples should we consider? And the magnitude of Brown's naughtiness is certainly eclipsed by all governments' squanderings with the less shiny stuff and other assets and revenues.

The Gargoyle is too clever to resort to cannibalism. If he had done that we could get rid of him. As it stands there were tantrums until TB gave in, GB was not elected but is leading the country, he may be the leader running the country after the elections despite the fact people want change etc etc. Any Gargoyle deluded in such self-belief is not going to apologise over a pot of gold.

JamesU

MrEnglish

novazombie wrote: »

It was actually a bailout

In this interview they talk about Brown selling all that gold as a bank bail out. Listen to this amazing interview, right at the end at 35mins 40 sec they say Gor Brown selling that gold was a bank bailout.

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_&_Adrian_Douglass_files/Andrew%20Maguire%203:30:2010.mp3

Can any one here explain this?