Purnell : We Can’t End Boom and Bust
James Purnell won’t thank Guido for wishing this out loud, but when the civil war starts in the Labour Party after the general election, may Purnell be on the winning side. If he wins a not forgotten Thatcherite aspiration will be realised – we will no longer have a socialist opposition party.
He gave a speech in Chile yesterday setting out how he thinks capitalism should be saved, how it can be more egalitarian and predicting that the next decade will be capitalist. He also wants less power for the state and politicians - which all sounds 
very much like a Thatcherite agenda for popular capitalism.
The coded bit of the speech that struck Guido was this:
People are worried about the extraordinary instability that was bubbling below the long boom of the last two decades. We can’t promise to end instability.
Who presided over that bubble? Who promised to end the instability of boom and bust? Do you think Gordon Brown will be happy with the speech?
Sounds like Mr Purnell is considering changing his party allegiance
Yep, Agreed.
But who’d have him & why???
Truth be told, I reckon that a LIEbore civil war will commence prior to the GE.
Has someone shut the stable door d’ya know?? Better check maybe.
Fraser Nelson over at the The Spectator has been waving the flag for Purnell to be the next Liebour Leader for a while now – interesting thought, especially as he also seems to getting Guido’s vote now. However, I suspect a future non-socialist Liebour Party is a wish too far…
Twats who ‘walk across the floor’ in times such as these are vermin.
The words “rat”, “sinking ship” and “deserting” spring to mind. If he’d opened his mouth during the Bliar years he might have been worth listening to.
Was Purnell not the arrogant liar who appeared on Brillo’s (SKY?) programme the week after Abrahams illegal loans were broadcast, and who lied that the money had already been repaid?
BTW – what happened to the possibility of prosecution, and where is the money? Get back on the case Guido, and stop dreaming of RC succession to the UK throne!
The possibility of prosecution was dropped (quietly) a few months ago the CPS having decided it was all just a silly misunderstanding no crime whatsover having been committed.
1.4 mn views, 7000 comments. Eat your heart out Cameroon
Lets hear Hannan on teenager Purnell
The EUSSR on the point of collaps, communism is dead!
The inherent flaws in the unmandated European Union superstate have been revealed once again as that body is plunged into a new crisis caused by the collapse of the Czech government and a call for a referendum in Iceland.
The Czech Republic currently holds the EU presidency but has been without a government since early last week when it fell to a no-confidence vote in that nation’s parliament.
Earlier, the Czech president, who is unaffected by the fall of that nation’s government and who may even have played a role in its collapse, compared the EU to the Soviet Union in a formal speech to the European parliament.
President Vaclav Klaus said the Lisbon Treaty would worsen its deficit and questioned the need for the European parliament to exist.
The Czech president, who refuses to fly the EU flag over his official seat in Prague, said his country is not an EU province, and that “Attempts to speed up and deepen integration will endanger all the positive things achieved in Europe in the last half a century.”
“We cannot allow the situation to emerge where the citizens of member countries live their lives with a resigned feeling that the EU is not their own, that it is developing differently than they would wish, that they are only forced to accept it.”
The Czech Republic has yet to ratify the Lisbon treaty and the collapse of its government means that ratification will now be postponed. As that country’s president is opposed to the treaty, and has the power to appoint the next government, it is likely he will favour an alliance which is against ratification.
In the interim, Iceland’s biggest political party and former government has announced its opposition to joining the European Union citing the need to “protect Icelandic interests, including its fishing waters.”
The Independence Party, which remains the largest party despite being forced from office in January this year over the banking crisis, has announced that it will seek a national referendum on EU membership.
Citing the need to protect Icelandic interests, including its fishing waters, the party said it believes that “EU membership will not be in the interest of Iceland.”
The Independence Party has been the main force in Iceland’s politics for the past two decades. In January, the party and its premier Geir Haarde were forced out of office by mass protests in the wake of the global economic crisis. Elections are due April 25
James Purnell is correct to imply that Gordon Brown has failed to control boom and bust. Gordon does not deny this in private and accepts that the Labour Party will pay for his mistakes at the next election.
However, if you expect the Tories to do any better then you are stupid. They will win the next election but Labour will come back stronger than ever under a new leader.
As what?
Yes they will, as a wandering band of minstrel cockmunchers; where the munchkin Purnell will clearly be leader as he has the comedy bugger grips.
Why not stick with what you’re good at. Making a total hoon of yourself on egregious, toe-curlingly, cringingly videos.
“Labour will come back stronger than ever under a new leader”t
The battle for what is left of the soul of Labour will be niether quick nor pretty, and I suspect the underlying motive behind the recent internet sites by Draper, Prescott, Campbell et al. Afteral Obama beat Clinton before he beat McCain,
“Labour will come back stronger”
Not surprised with all that porn.
Now fuck off back to Tuscany.
Boom and bust – the reason!
The people are now paying huge amounts of interest to privately owned banks in order to bale out the banks!
Oh yes.
Now ask yourself who created this mess and why and why it makes no difference who get’s into power!
Do I think Gordon Brown would be bothered with that speech? Do I fucking care?
What in the world makes Guido think that we have a socialist opposition in Parliament now? Most of the current Cabinet are, solidly or shakily, to the right of D. Cameron. A left-leaning voter has the choice of the LibDems (who are conspicously non-socialist), the Greens (who don’t know) or (if they can stomach national with socialist) the BNP.
I hate your name.
When governments like Bliar’s and McBust’s claim to be socialist; are supported by socialists; put socialist nostrums into law; are described as socialists, whilst the going is good, by socialists; and are run by people who were all extreme socialist in their youth; then they are socialist.
The problem is that when socialism goes wrong (as it always does) the repeated whine from socialists is “that’s not my kind of socialism”. I’ve seen it before; it’s happening again. If socialists don’t like the results of socialism, then stop being socialists.
I hated all that National Socialism stuff I did.
A person who was extreme socialist in their youth and is not reactionary in their later years is a rare and valuable specimen.
Didn’t you notice that Tony really hated being referred to as a socialist? And Gordon regards all that left-wing stuff as something childish he put behind him long ago?
Socialism always does seem to go wrong. I expected that. It is part of the reason that I have never been a socialist.
Guido we are ruled by the EU, had you not noticed?
The Labour and Tory parties and no more than the receptionist.
This man Purnell is a total cock, I wouldn’t mind him as Labour leader, he might even get less votes than the cyclops.
Haha.
I wouldn’t be at all surprised if he swapped sides.
I worked in his Dept for a while and could easily forget he was meant to be a Labour man at all.
- close JobCentres that weren’t used
- make IB claimants undergo rechecks
- send parents back to work when kids turn 6
- change way JSA is paid
etc etc etc
He’s no fool and would know exactly what he’s doing. Just like Mr King.
Once the enemy always the enemy.
And he’s a dab hand with Photoshop!
this shit govt. has caused most of the instability.
it can stop stealing our money and pissing it down the drain on some mythical doctrine. ie how much has mc cuckoos’ world tour cost? the G20?
socialism will never work because it is a lie.
just look at all the labour snouts including that twat prescott.
talking about equality and class war while stealing ( yes that is what the expenses fiddle really is ) from the poor or like draper who happily poses for ok ? magazine!
most of our present economic ills stem DIRECTLY from the govt.
every penny spent ie wasted – has to come from somewhere.
this is inflationary.our true inflation rate has been running at over 20% for the last few years.
every stupid move blair and brown have made has resulted in the burden being carried by???????? answer: joe public!
in the new ea of post hannab glasnost we need to make sure that the TRUTH is made clear.
the bankers were secondary in all of this in the uk.
it seems to have slipped gordon the mental cuckoo that he was kanzler for 11 years!
ps re prescotts’ site……go FORTH and multiply might be a better name!
new ‘era’…typo
gawd! hannan!
Bofl,
Bankers allocate credit, but regulators decide on the volume of credit by regulating reserve requirements (Merv calls this capital adequacy).
BASEL 2 with its low and fixed reserve requirements basically regulated the credit bubble into existence.
Purnell’s my MP. He came into the local Wetherspoons last summer and some bloke grabbed him by the throat. Fucking brill.
it alway strikes me as funny that when gordon or a minister is doing a photo op that everyone always seems happy to meet them.
get some spine people and refuse to shake their hands.
why show deference when none is deserved?
perhaps the tories could take a leaf out of hannans book?
when snotty refuses to answer a question at pmqs they could all stand up and turn their backs on him!
stuff convention……they only want it because they can HIDE behind it…….
it is time to actually get some spine- tories-
because we dont want to replace one set of fools with another!
hasn’t mr purnell history relating to photo ops ?
just asking
Ah, that old nursery rhymn:
“When I was going up the stairs, I met a man who wasn’t there. He wasn’t there again today, I wish, I wish he’d go away. “
Shame he didn’t batter the little shit.
Why is it that whenever the economy falters it is always the “free market” which is to blame, that the answer to all our problems is to delegate even more of our power and wealth to government, that the inevitable failure of government plans is always to met with even bigger and more expensive government agendas? If our destitution is the result of our economic freedom, why maintain the pretense of preserving capitalism? Why not simply grant the government total control over our lives and property. Or perhaps we might accept that government interventions are almost always harmful, and that the consequences of such interventions are used to justify further usurpation of power by small poltical oligarchy and the corporations that grow and prosper by their patronage.
No economy is free when power is arbitarily concentrated in the hands of a small elite, and whereby the very medium of exchange, our currency, is issued and manipulated by secluded banking institution, who’s monetary planning committee meet behind closed doors. These banks, having control over the supply of money and credit, and by its manipulation may determine the general level of prices, can induce great booms and busts in our economy until the general body of the public are left destitute and all economic power is concentrated in the hands of a few public officials and the corporate interests they serve.
Until the political class addresses this great travesty, and the power to issue currency is revoked from the banks and restored to the people, any notions of freedom and free enterprise count for nothing.
Whereas I entirely agree that the banks are hopeless I do not quite agree with your analysis. Look at this way.
Where the state has the monopoly of the manufacture of money all the banks do is alocate it. If the State succumbs to the moral hazard present in the money monopoly the banks can become the willing tool in the grand deceit of the public that ensues as money inflation goes nuclear.
If as in the UK the banks are a cartel it is even easier for the state to run unsound money. And again if the supposed ‘regulator’ of the banking sector is made into the slave of the chancellor it is just so much easier.
In terms of private banks, I don’t really have a problem with them. My main gribe is with central banks, and fractional reserve banking, both of which have quite harmful effects on our economy. I’m not suggesting necessarily that we return to the gold standard, but it does have one distinct advantage over fiat money in that it makes it a lot harder for governments to confiscate a nation’s wealth by inflation.
Therefore the answer is simple and very much in your face.
The problem is that you cant have a free market and vast international monopolies at the same time. The biggest of all being a monopoly WORLD system of money supply, completely controlled by The IMF, BIS, and IB. All of which are controlled by exactly the same group of fascist/communist thieving psychopathic murderers.
Unfortunately for us, and all future generations, Gordon Brown is busy right this very moment, desperately trying to give us an even more regulated monopoly world banking system then we already have. He may seem to be failing, but he knows ultimately that his mates/sponsors will not let him fail, one way or another. Even if he does in the short term, the job will be simply handed over to Cameron at a later date, possibly after much of the cash with interest has been handed back to who ever created it.
Total deregulation is what the people need, not more of the stuff. Not just for our prosperity, but far more importantly, our personal property rights. Including our right to live at all.
However you also can not have deregulation that has a chance of operating in the interests of the common man, while the issuing of currency is basically one giant monopoly controlled by only a handful of extremely evil people, operating without any accountability or common law, completely in secret.
This because they PERSONALLY own or covertly control ALL of the worlds institutions capable of controlling their incredibly evil behavior, ie The EU, and The UN, as well as all of the worlds national governments, without more then one or two exceptions, if that many.
THEREFORE
These people have to be rounded up BY THE PEOPLE and thrown in the deepest jail for ever and a day and all of their wealth and power taken away from them and their entire extended families.
Then any individual, bank or financial institution, private or public, for profit or not, must be allowed to issue currency in any form it wishes. This may sound impossible, however it was that way once, and worked reasonably well for many years.
Money is simply a tool to assist in the exchange of goods and services, it has no other beneficial function. Therefore wealth is not money, it is GOODS and SERVICES. Increased wealth is a function of the more efficient production of goods or services. It is ordinary peoples hard work, personal talents and enterprise that creates all of the wealth of the entire planet.
Bankers working for oligarchs, princes, popes, and various other despots, within a monopoly system of command and control, are the blood sucking, warmongering parasites and criminals that have dominated this planet of theirs for far too long.
Our ruling elites do not do what they do for extra cash, as they currently produce all of it literally out of thin air or wood pulp. Our ruling elites do what they do for the purpose of dictatorial world domination, and personal survival.
Therefore the system has nothing to do with free markets if it can at all help itself. The system is simply a method by which world monopoly corporate socialism ( fascism) or if you prefer, world communism can be forced on the soon to be decimated, ever more enslaved and impoverished common people of the entire world. Whats more, Gordon Brown and David Cameron must know this to be the case. Or quite frankly, we are in even deeper shit then we already are, IMO.
Atlas, shouldn’t you be posting on Biased BBC
@Atlas
You’ve read the books but you’ve not understood them.
It doesn’t matter what Party Purnell is. Politics are changing.
If we can read, write and say what we want on the Internet, we can also vote for what we want as well, not what some MSM puppet tells us to.
End game for the party machine. Start game for independents
So where does that leave the Jury team’s efforts?
Haven’t heard much about them so far.
@ OH
Unless you vote by post, then you can never be sure if your vote even gets counted…
I looked at them. Seems like a good idea, but not for the European elections. Wouldn’t want to be associated with an institution that we do not want to be part of longer term. Great idea for UK elections. 650 independent MPs would bring the patronage of vested interests a few problems. Core principals: Referendum on Lisbon. If the result is not to sign, then referendum on reducing EU membership to Norway like status. Rip up existing parliamentary expenses (theft) rules and replace with a transparent system that reflects rules for the rest of the country. Remove all Quangos. Marketing potatoes can be done by the association of potato growers (if required). Use the reduction in spending on EU fees and Quangos to set fair (no loophole) tax rates. De-centralize government. Get rid of “what if” terror legislation. Get rid of specific …phobic legislation. You don’t need to be a member of a minority to be hated / abused. That will do for starters.
Rant over.
WTF, His party been doing the exact opposite of what he wants for the last 12 years
I don’t know where else to put this..
I’ve come on here looking for the proof you said you had that Draper was told how to “get” Iain Dale by the Labour party. You said this on TV (Daily Politics) the other day.
Is it as imaginary as Drapers assertion on that same show that there was a “line-by-line” rebuttal on his own blog (which was merely a character assassination)
Oh dear, are you all the same? Can we see the evidence you promised.
Patience
ah ha that’s better!
Patience. The less fashionable sister of Prudence.
Where is Prudence these days anyway?
Raped my private pension, raped the pay packets of self employed, raped the savings rate (cr@p ISA replaced more generous Tory PEP / TESSA), raped interest rates…… all to buy the feckless New Labour voters so they can carry on voting New Labour.
Now the UK economy is a disaster zone that in future will be written about (but not in the UK), and taught at university (but not in the UK). This is what we have for electing a fascist government that New Labour always was and is.
Things can only get better….. only when New Labour are kicked into oblivion. Who cares if New Labour rip themselves apart, look at what they have done to the UK! Economy wrecked, uncontrolled immigration, building on green belt and peoples back gardens, wrecked the House of Lords independence, destroyed democracy (postal votes and the other scams), turned the UK into a police state. Is that not enough to anyone to see we don’t care what happens to New Labour when they are finally dragged out of power?
Of course, if there were trials against New Labour MP’s then I’d be in the queue to watch for sure.
Trials there should be. Impeach McBust and his subversives and let’s ensure they don’t get their hands on a penny of their pensions. Broon destroyed the economy so confiscate his pension rights. Convene a tribunal and decide how to strip McRuin and his marxist moles of all monies now better used as restituition for Liebour’s ideological war crimes against the nation.
We’ve got lots of watchers; what are you like with a rope?
Socialism is to Sharing as rape is to marriage.
BTW you also said it would be on your site by the afternoon that day.
I did, please accept a full refund for non-delivery and fuck off.
Well at least the hoon didn’t trill ‘Tra laa’ at the end like Silky Arsehole!
But yes, please fuck off! And quietly!
Michael O’Leary would be proud of you sir
Get a life, and see if the Job Centre Plus have anything more useful and fulfilling for you that doing Dripper’s rebutting. Maybe flipping burgers at McDonalds might suit you?
Whoa there! MacDonalds is far too good for it. It might even learn something uselul
McDonald’s has a better credit rating than McMorons Government. At least he’d be more likely to get paid if he flipped burgers.
Given the skills of young Master Purnell with Photoshop, are we actually certain he gave the speech in Chile at all?
I thought this champion of liberty & fairness had just been caught wth his hand well & truly in the till over his expenses? Am I blackening the wrong person’s name? Strange he’s only speaking out now when he knows the troughing of OldNewLyingBore is about due for a cull.
What an odious little slug Purnell is.
Now 12 years into government he comes up with this shit , hoping to save his slimy hide from the wrath of the electorate.
It won’t work Purnell, whatever you say now.
But the electorate voted out Thatch and Major, so that should have put paid to the first 8 years that Purnell is trying to smear blame over.
If Nu Labour are reduced to saying “the Tories started it first” they are even more contemptible than when they were saying “It all statrted in America”.
Nu Labour: lower that the dogshit on the sole of my shoe.
Correction, the electorate never voted out Thatcher, anymore than they’ve ever voted in Brown.
Winston! Get back to your telescreen and type what the Great Leader told you: Thatcher was voted out by a huge majority in the People’s Elections of that year following the Great Poll Tax Revolt and McBroon was voted in likewise by a landslide of right-minded people having been persuaded to stand, entirely contrary to the grain of his modest character, by a united front of the leaders of the UK armed forces, royalty, the EU and a couple of premiership football clubs. You remember? It was a few years after that bit when Iraq invaded us…
No one can really tell me why Brown is in Argentina, if he is not going to give the Falklands back to them. We don’t need them now unless we are going to biuld a mega titan super prison on the island and ship out the non-native prison population we could give it a really snazzy name like GITMO UK!
Well I suppose Argentina could give him the benefit of their experience of what happens following a massive economic bust (which they suffered 20 years ago) which is what is about to happen here. Actually he could probably learn a great deal about the after effects of poverty trauma and disorder after you spend your way to bankruptcy.
It might be a good idea to hang on to them, especially if all the oil prospecting going on in that area is successful!
Don’t cry for me Argentina
One of the problems is the media (BBC especially) perpetuating the myth that we lived under free markets, small regulation and laissez faire for the last decade. It’s utter tripe. The BBC’s own Working Lunch used to (until they trashed it) comment about the size of the tax code in inches of paper. When New Labour came to power they were talking several inches but now the tax code is measure in feet. The same for the over 3000 new offences added to statute. Hell, the independence of the Bank of England necessitated huge amounts of new regulation to set up the FSA. The CBI regularly charted the cost of more and more regulation on business. The last decade has been hugely regulatory including the quangocracy. The current crisis wasn’t a failure of regulation but a failure of regulators. The FSA admitted themselves that they failed to use the powers they have already because of the way the political winds were blowing from all the main parties. Even until ’07 Saint Vince Cable was talking light touch regulation. But it wasn’t light touch regulation but light touch regulators. It’s the same old New Labour trick that no one is ever responsible for anything and that by simply passing new laws and new regulations everything will be alright. At least Fred Goodwin and several other bankers resigned but nothing from the polticians and the regulators. The Treasury always thought that the Bank of England interfered too often and too much in the banking sector – heavy regulators or perhaps they actually had the right balance.
FSA rule book stands, if printed out, EIGHT feet high. That’s 2.4m for our EU bretheren.
No wonder I stopped reading it when it got to 5′ 6″…
On a lighter note because Purnell is as deluded as the rest of them. They are not right wing capitalists – they are the same old Maxisits who found an open till with no one watching.
Back to why I came here>>
As a lad, Prestcott stood on King George Dock wistfully dreaming. Hhe said to his mate, Ralph, “see that, one day us will be joining the high establishment on one of those, us will”
His mate, Ralph, asked him what the high establishment was doing on fishing smack number 236?
“Not that, y’dope”, exclaimed Prezza, “I’m on abart that liner on the horizon, one day us will wait table on one of those”
hahahahahhahahahahhahahahhahahahahahhahahahahah
Purnell’s obviously positioning for the leadership… wonder what Harriet “this is my moment” Harman thinks?
TV: Do try to be a little less obvious. OH once got trounced for less on this blog….
Aaaaargh I can’t get the image out of my mind now of Gordon flouncing and dancing his way down the train as he wends his way tinto the Argentine Captal singing “Hey – Buenos Aires !” with lots of really nice “Gauchos on Horesback”riding alongside!!!!!!!!!!!!
Jesus Christ!
Ye gods man – now *I* have the same goddamn image in my head.
More like Nuns On The Run; here’s McBroon and Darling telling the Sisters all about how much ZNL support reforms allowing Catholic succession to the crown just before getting the postal votes signed.
Gordon knew nothing about economics when he took on the job. He was a politics lecturer before he became an MP. Blair hired him because, politically, he looked right to play the part of careful Scottish banker, winning support from the financial community for their new administration in 1997. Because the markets were seduced by the word ‘prudence’ in his first budget he has used the word shamelessly ever since to mollify the markets.
So to use the term ‘instability’ instead of ‘boom and bust’ is a con, just like the old buzzword ‘prudence’.
This is what politicians do, as Nixon said in the face of Watergate, deny,deny,deny
To shamelessly use the word ‘prudence’, whilst being profligate with the public purse was such a denial of the facts. So it might be inferred that when Brown started to claim that he had abolished ‘boom and bust’, he knew the bust had already started
Loser
It was to play the part of Scottish wanker, not banker. McBroon was no banker and did not fall for the City bright lights at first, preferring for example to turn up at their banquets in a crumpled lounge suit as opposed to the customary white tie/tails. Whilst he pandered to the “socialist principles” and faux distanced himself from the nasty rich boys those same boys spotted a 24 carat coont in their midst who they could manipulate come the day. And guess what …
It’s ok I self-moderated and my comment is now:
It was to play the part of Scottish WINKER, not BINKER. McBroon was no banker and did not fall for the City bright lights at first, preferring for example to turn up at their banquets in a crumpled lounge suit as opposed to the customary white tie/tails. Whilst he pandered to the “socialist principles” and faux distanced himself from the nasty rich boys those same boys spotted a 24 carat HOON in their midst who they could manipulate come the day. And guess what …
I put an end to boom and bust.
Yep, since you started calling it instability instead
No, you just abolished the ‘boom’ part.
It was a Basil Brush economy: “Boom, Boom!”
I think Purnell might have noticed the piano wire being quietly stockpiled.
This from the man who’s happy to clobber the disabled and the poor in the name of charity.
Another fucking New Stassi hypocrite looking after himself – fuck off Purnell or is that your photo op? What’s he doing in Chile, as well, at my expense???
Just because Purnell is in the photo doesn’t mean he’s really there…..He’s the original cut and paste minister
Yeah, you’re right. He had his photo pasted into a visit to Tameside Hospital when he failed to turn up. What an absolute prat!
I must say Mr Fawkes has a talent for finding the most truly awful photos – that one of Mr Purnell is a shocker.
He regularly used to hang outside his offices dragging on a fag and looking all oily and a complete squirt.
You’d never guess it from the publicity shots.
OT Democracy is alive and well in Cornwall – the lifeguard dog has been reinstated due to people power.
Excellent – two stories in one – “power to the people” and “cute animal story”.
Do you think that Newfoundlands could be trained to swim up the Thames, come ashore at Westminster and savage some pols?
They are very clever animals, and being English, the armed cops would be very loath to shoot and them. In fact, you would earn far less opprobium for killing, say, a Brazilian electrician, than a cute dog.
I spent every summer of my childhood on the beaches of Cornwall. When the Hell did they ban dogs ?
Labour’s politicised plods continue to waste time and money
POLICE IDENTIFY 180 SCHOOLCHILDREN AS POTENTIAL ISLAMIC EXTREMISTS
Total, complete, insane, lunacy. How will we ever fix this country?
Natch, gave themselves away a bit … Photo
Only 180?
Muhammed is now the most popular name for children in the UK.
He always looks so much like a smug prat. Has he had face surgery or what? If not, he certainly could do with it.
o/t but has anyone got any film of McMoron’s reaction while he was being s savaged by Daniel Hannan?
Th There is only a quick glimpse on the main video
Copied from Peter Oborne – Mail Online article:
A sinister plot to protect the pension pot?I believe I have stumbled across one of the most remarkable stories of the entire credit crunch.
At the end of 2006, the Bank of England pension fund made a sudden and very extraordinary decision. It sold all the equities in its portfolio and invested them in index-linked gilts – even though it realised that such a move would increase the annual cost of the pension fund by some £45million.
Looking back, this was a brilliantly farsighted decision because shares have since fallen in value by almost 50 per cent. It seems clear the the Bank of England fund managers understood the nature of the looming economic crisis well before anyone else.
At the time, they said their decision was based on concerns about ‘unsustainable’ positions in credit markets and the consequences of a possible credit crunch. When I put this story to a Bank press officer yesterday, it was dismissed as ‘absolute nonsense’.
But I remain confident of my sources. Indeed, the move from equities to gilts raises a very awkward question: did the Bank of England foresee what was coming
Forget ‘forsee’, try ‘helped to engineer’ – as somebody once said, the best way to predict the future is to create it…
If this is true why isn’t a fuss being made? how many Nulab MPs sold shares off or property just before it went all brown.
You idiot.
The Tories would do nothing, while Gordon Brown will provide help for hard-working people worried about losing their homes, with an Income Support for Mortgage Interest scheme, which helps people with their mortgage payments if they lose their jobs; and new Homeowners Mortgage Support Scheme to allow people to defer interest payments for up to two years while they get their family finances back on track.
We are supporting industry and jobs by bringing forward £3bn of capital spending from next year on infrastructure projects including increasing motorway capacity, improving housing and renewing schools; and £400m of Government spending on housing will be brought forward to help the construction industry.
Huhne,
Oh look who’s here – it’s Cut&Paste_Press_Release.
Guess this is because PRESIDENT OBAMA is going to meet THE LEADER OF THE OPPOSITION next week..
hohhohoh
Gawd blimey, HP, you are one deluded person! Neither of these “help with mortgage” schemes are up and running and the repossess as last resort concept (is it 3 months or 6 months you are going for, I forget?) is already there in practice amongst mainstream lenders ie you can bet your bottom dollar that lenders do not go for repossession as first resort, pal!
On the two year interest deferral you have not got the actual support of the lenders yet and, just in case it has escaped you, the outcome there for the lender’s security would be, er, negative equity so I guess that one is going no place fast unless the McBroon finds a few billion to subsidise it. So no chance.
As for bringing forward capital expenditure from next year (ie spending more money not actually received yet) and “renewing schools” (except for the colleges that have now had their capital project funding stopped because the cash has run out) and then hoping to build even more houses to add to the one million currently built and empty…well
(speechless)
@Harman Pride
“£3bn of capital spending from next year on infrastructure projects including increasing motorway capacity, improving housing and renewing schools; and £400m of Government spending on housing will be brought forward to help the construction industry.”
Who will that money be stolen from? Our great-great-grandchildren?
HP sauce indeed.
The game is over –ZaNuLab has had its chips and you all are going down the pan. Try to perish with a little dignity.Best think you are requiting the evil you have done and supported in others. You are willing agents of Socialism, the worst evil to come down the pike so far in the sad history of the human race.You have brought it on yourselves.
May Hell take you all.
If they’ve lost their jobs they are not hard working families.
Now fuck off back to Tuscany.
Th
Your system is great guido. I post a comment, the first one in days and your system tells me I’m posting to quickly and rejects it.
Common fault I get it all the time as I suspect do others – the algorythm thingy or whatever embedded in the software to stop “naughty words” appears unable to cope with flow of comments at times – dear “Dolly” would say it’s because we’re all foul-mouthed,racist right wing bigots on this blog but is it just because the software programme is slightly sh(one)t ? wait a few secs and re-post -usually works
This one seems okay.
Purnell is a posing prat. I hope Brown’s boot-boys get him before Harmans’ do.
Maybe Field, Purnell and the other rational socialists should form a breakaway party.
They could call it something catchy – maybe an acronym in the European style. It’s got to have ‘social’ in it somewhere – that’ll give it left appeal. And to give it some right appeal, ‘democratic’. What else? Oh yes, it’s a Party. Great. What does that give us? S D P.
Doh!
Rational socialist = oxymoron!
You said it.
He probably meant National Socialist.
Labour are taking action to give help to families and businesses now and for the future. By contrast, the Conservatives would do nothing.
Labour is acting to support the British economy by:
Stopping the banking system collapsing, so that businesses and families have a safe and secure system they can rely on.
Giving real help to families and businesses now so that people have a means by which they can get through this downturn
Getting lending moving for small businesses, medium and large businesses as well as mortgage holders.
..because its the right thing to do (learn your lines twat)
Draper mullered your beloved Guido and Hannan on the same DAY! No wonder you’re worried. The economy will pick up by the autumn and Labour will recover in the polls, just in time for a 4th consecutive election win next May.
You didn’t mention hard working families.
Oh great. First they start the fire, then they pretend to be the Fire Brigade.
Giving real torture to real hard working moslems who are just getting on with the job.
Now fuck off back to Tuscany.
Labour’s commitment giving real help now and real hope for the future stands in stark contrast to the Tories who would do nothing.
By opposing Labour’s fiscal stimulus, the Conservatives have set themselves against providing real help now for families and businesses. They are committed not just to spending less in a time of need but also to spend less in the future. By doing nothing, they would deepen the downturn and delay the recovery, just as they did in the recessions of the 1980s and 1990s. They would make Britain weaker not stronger for the future.
This is a joke, right?
I hope so. But never underestimate the bovine stupidity of Labour voters.
CCTV Star:
Labour have won the last 3 elections with large majorities. We have crushed the Tories every time.
A case of sour grapes?
Do you really believe the majority of the British public to be “bovine” and “stupid”?
If so then you really are the Nasty Party and heading for a 4th straight defeat.
You stick to your infantile delusions, we’ll stick to the project of kicking you out.
Get it?
@ Harman_Pissed
Oh do pay attention H_P, you failed to finish the sentence – it should read:
“Labour have won the last 3 elections with large majorities UNDER TONY BLAIR”
With Cyclops at the helm, however, you are totally fucked!
Now bugger off back to ‘Dolly’s Dreamland’ and let the grown-ups talk in peace…
Yep and lost the 4 before that so, at least, they’ve got experience. The wilderness is not a strange place to them. Bye bye and don’t hold your breath for a comeback. This is the second time you’ve fucked us good and proper. There’s a bigger chance you’ll never come back.
At the last election only one voter in five actually voted for the socialist filth party.
Hardly a ringing endorsement is it poofter pride. Next time it’s going to be even less. If Labour are lucky they might finish with 160 seats.
See your reading from an old script,I would have thought Liebour would have brought out all it’s scripts in bookform by now.
The truth hurts doesn’t it!
This idiot IS Draper.
Nothing better to do today, Dolly?
Draper is a LIAR and a FRAUD.
All you need to know about Liebour – embodied in one scruffy little man.
If it is Draper he’s got the link in his name wrong.
its labourlist.org
not laboutlist.org.uk
That links to a ‘buy this web page’ site, which is kind of ironic in itself really. Then again the level of professionalism the man seems to give to every aspect of his life I’m surprised he managed to spell ‘list’ right. Provided it is him.
To be honest I think it’s just someone pretending to be a pro-labour fanboy.
Sorry, but Gordon has spent all the money he took from us, and a lot more besides. He’s still trying to spend other people’s money.
Gordon is alone in throwing money around like water, the governor of the BoE, his own chancellor, and most of the world agrees, there can be no more “fiscal stimulus”, because there’s no money for it. Gordon has already pissed it up against the wall. Remember the pointless VAT cut? Our kids will be paying for that for years to come, and yet the old Brownie is still running around like a headless chicken lecturing other countries on how to get out of the mess he created.
Face it, Gordon is finished. Labour have destroyed our economy and overloaded us with debt we cannot afford to pay back. Common sense disappeared long before the money did, and we’re left with the impotent remnants of a once-mighty regime, simply counting down the days to their own ejection from office, yet still trying to “put one over on the Tories” because that is all they have left to do.
Get a decent leader and come back in a few years.
correction: surely NEVER come back. Liebour should be enveloped in concrete and sunk.
A large majority if you think around 3 voters out of 10 is a large majority and if you ignore the English vote in 2005 and accept that the Scottish vote installed Bliar in England last time of course. On that basis HP I agree!
Large it is, and Work Makes You Free and hey presto the fuhrer is installed in the Reichstag and … hang on a second someone here wants to see my papers.
It’s all very well making the claim that the tories are the do nothing party. However sometimes it’s better to do nothing, rather than do something that does more damage. I realise this is hard for you to understand but throwing money at the problem is not the answer. If you want to see this policy in action take a trip to Zimbabwe. The mantra you clowns keep repeating that it all started in America has an element of truth in as much as the socialists like your moronic dear leader forced banks to give money to deadbeats. The trouble is now he thinks he can buy his way out. He can’t and he is a busted flush. Watching all the labour MPs getting their marching orders shortly is going to be glorious. Hopefully they will be consigned to opposition indefinitely and my prediction is they will fade away to some nasty marxist rump.
Agree, the problem with “socialists” is that basically they are hung up on money. They think that if only they (or their “people” or projects or whatever) had that nasty rich person’s cash they too would be clever, successful etc etc. They will never ever understand that with all the cash in the world they are still twats.
That is the the sad underlying truth of socialism, amen.
Do you work for Labour HQ or did you just paste that from their website?
Where do ZaNuLaBor find these total hoons to post their dull, lying propaganda?
Saucy is so bad I might find even Silky Arsehole more welcome.
On second thoughts!
Labour have made commitments to torture real hard working moslems now, while the Tories would do nothing.
Just a thought – why does ^^^ this Draperbot use the name Harman_Pride?
Is this because Derek secretly wants Harperson to take over from Brown whilst he is away with those nice South American economists who have enough cash squirreled away to survive this mess?
BTW for amusing an squirrel video try this.
You wouldn’t see the truth even if it slapped you in your face,stop spouting the spin drivel that your masters are giving you and learn to think for yourself.
Harman_Pride really must be a Tory mole !!!
I am still sure good old Wedgie Benn was one. He must have done more than most to ensure the annihilation of Labour for so many years.
I do miss Red Wedgie; here’s a Reminder.
In case this gets lost in the threads – White confirms that Obama is meeting Cameron.
*incoming Nokia alert*
How many ethnic minority MPs, LGBT MPs and women MPs does Cameron have? I wonder if that’s a subject Obama will raise.
Who cares it’s only obamamessiah thats coming, not the second coming
Hmm – the most pressing issue for a presidential discussion me thinks.
Plonker. You forget to mention ones that went to Eton and wear top hats in the bath as well, you are slipping.
Who fucking cares.
To be fair, I care – Obama is skint and if he wants to suck Cameron’s cock then he better dish up oil contracts from Iraq and some bit of drug money from Afghanistan.
Obama ain’t got long before the honeymoon turns to a bloody nightmare.
Exactly, MP’s need electing so come on HP give us a fooking general election.
Real diversity (Labour stylee) means having a few handicapped, black, transgender MPs – WHO ARE AS CROOKED AS FUCK!
Love this bit: “Cameron’s meeting with Obama is scheduled for a full hour and is likely to be held at Winfield House, the American ambassador’s residence. Brown’s meeting a few hours earlier is scheduled for an hour and five minutes, followed by 40-minute joint conference with the American president.”
Labour will continue to take the tough, long term decisions to maintain economic stability and steer Britain through these turbulent times.
We will not go back to the failed Tory policy of billions of pounds of unfunded tax promises, which would undermine economic stability and risk taking Britain back to the days of 15 per cent interest rates and three million unemployed.
Time for your tablets, Derek
Labour have failed, they have destroyed the economy and created a scenario which led to the first run on a British bank for more than a century. Their regulatory regimes have proven themselves to be – like the government – unfit for purpose, and they have deliberately and systematically destroyed the savings ratio. They have engineered an economy based on unsustainable debt, which has now collapsed.
Long term decisions? Economic stability? You must be joking!
“The CBI’s prediction, last month, that unemployment will peak at just over three million in the second quarter of 2010 could prove to be wildly optimistic.”
http://news.bbc.co.uk/1/hi/business/7947766.stm
“Labour will continue to take the tough, long term decisions to maintain economic stability and steer Britain through these turbulent times.”
How dare you misappropriate the term “Labour” you maggot ridden doxy. Have you read a newspaper since July? Stable as fuck aren’t we? As to direction, it’s impossible to steer anything when, like NuLab, you have no hands and only one slimy foot.
I would not mind getting back to 3 million unemployed.
The real unemployment figure including those signed up for “disability” is way over 5 million
Nurse!
The “risks” that might take Britain back to the days of 15% interest rates and three million unemployed (on the ZNL preferred fake measurement) have already been taken by your Dear Leader old chum.
Like the 18th century toffs who used have a bit of sport by visiting bedlam and laughing at the inmates, I visit here to snigger at this window-licking retard poof pride.
Come on, Guido, moderate this pillock! Hymen Pierced IS as big a hoon as Silky Arsehole.
This reads like a scripted press release. Funny that !
ps Had to laugh over the claim that the Tories would “undermine economic stability”. What economic stability? the economy is in freefall , we are printing money you muppet !
Labour are good but the tories is like bad innit
Vote labour and we will give you edyookayshun and not steel yor munee to by houses with yeh?
and we deffo won’t be wanking with taxpayers’ money coz that is like wrong innit
oh and yeh, we is getting on with the job for a better tomorrow today and the tories would not have dun it
He has a mouth shaped like a bitch mongrel’s mickey and appears to use Wm. Gladstone as a sartorial model. If he crosses the floor, the best thing they could do would be to wait till he’s almost across and in unison cry “Fuck off. Get back in your own sewer”.
When you say “mickey”, do you actually mean hoon? Mickey’s a new one on me, but quite excellent in fact.
However, Purnell’s mouth is not as mickey-like as Des Browne’s, or George Robertson’s (that’s The Right Honourable Lord Robertson of Port Ellen to you).
I’m glad this subject came up, and I’ve been able to get it off my chest. Their mouths have been bothering me for ages.
Aye, a yappy, snappy hoon. Turn the sound down and it’s like a Carp out of water. Re: D. Browne, it was always the hair which disturbed me. A fine heid o’ hair his mammy could be proud of. He reminded me of one of those excessively scrubbed and roseate kids, slightly too well fed with one of those male purses for his dinner money. Played with girlies at lunchtime.
Any advance on Purnell, Browne and Robertson in the mickey mouths competition?
Timms!
He reminds me of Lurch.
As Charles Addams himself wrote:
“This towering mute has been shambling around the house forever…He is not a very good butler but a faithful one…One eye is opaque, the scanty hair is damply clinging to his narrow flat head…generally the family regards him as something of a joke.”
Serves the freak right for sellig his soul to NuLab.
Scottish Labour busy laying the blame for the collapse of the Dunfermline Building Society on everybody but themselves in general and Gordon in particular.
Strange you click on Harman Pride active link and it brings up 123reg.co.uk which says they have registered this domain name – Labourlist.Org.UK – for one of their customers.
DAMN! Beat me to it – well done Sherlock.
It’s just a windup merchant trying to blame Drapers lot of bots.
It also says on hover over – http://www.labourlist.org on the status bar…
Not strange at all. Harman_Pride is an automaton standard paragrapher regurgitater(sic) paid by the word by LabourList paymasters – Unions and G Robinson(the same one who shagged and lied his way to a £30m offshore trust).
Why any blogger here responds to his spurious banal bullshit is a mystery to me. He is pulling your pisser for fucks sake.
I say Come back G Elsby of Stoke. All is forgiven.
There was I thinking Harman_Pride was some sort of spoof, even though the joke was wearing thin. Its just incredible that a grown man sits at his keyboard and seriously inputs such boring rubbish.
I know tragic. Perhaps that’s why he doesn’t have time for a wash?
David Cameron is going to get a one to one 60 minute meeting with Obama on Wednesday. At least we’ll be spared a repeat of the sight of an over eager British Politician trying to hump President Obama’s right leg!
Anyone got the tape of Derek doing Sky yesterday just before 9am?
He claimed Obama said, “thank God we’ve got Gordon Brown around. He knows how all this (economic stuff) works”.
What a hoot. Or did I mean hoon?
No, but I’ve found this one of him moonlighting:
http://www.plenty.co.uk/tv_ad.html
Keep your eye one the bloke in the orange dress…
PS
Apologies for posting this on two separate threads, but it’s too good to miss.
That is SURREAL.
Off to stick on my blog – thanks Cicero
Which one did Hugh say he’d shagged?
He just can’t help himself can he? It’s a sickness you know.
I am now convinced that HP is spoofing NuLieBots.
Click on Harman Prides name and it links to this
http://81.21.76.62/labourlist.org.uk/index.html
Derek Dripper really is a complete retard.
Or perhaps an incomplete retard.
Labour will turn left in opposition for at least a few years so Purnell and his mates have no chance and deserve no better.They have let McTwat wreck the economy and must face the consequences.
Exactly, no good crying over spilt milk you Labour fucktards. The Party/party is over.
Huhnes.
James Purnell is right. Brown has failed miserably and must be removed asap. Harriet Harman would make a good temporary leader to try to prevent a complete rout of MPs at the next election.
After the election, James is the man to take the party forward, firstly in opposition and then in power.
Ridiculous. The best Labour have is Jack Straw, and besides not giving a shit for civil liberties he’s a total Huhne. NuLab are fucked.
Oh do fuck off you ignorant bastard.
Is that you Sion you cnut.Get off my patch.
Gordon Brown and NuLavatory – you are all fucking wankers who will be brought to book, sooner or later. Slowly slowly catchy monkey.
Great News!
http://www.newsoftheworld.co.uk/news/241204/RECORD-TORY-DONOR-TO-VOTE-UKIP.html
While the highest bidder gets to call the tune is blatantly illiberal and stinks to high heaven, at least the Cons won’t get hold of his loot. Excellent, a few more high (lowlife) piss artists moving to smaller parties should shake the bastards up.
Well that will make life a lot simpler for the Tories. Personally I am very sceptical – Mr Wheeler has been saying this for years.
I would also like to see a referendum on the EU Constitutional Treaty but back UKIP with that gobshite Farage on the bridge – not a chance.
As a tory I would vote for Purnell at an election and prefer him to Cameron at the moment.
How interesting.
Eh? Armadillo! Do you fancy him or something?
What the f*** ? So you would vote for Purnell despite being a Tory – well in that case you would also be supporting…
Yvette Cooper, Ed Balls, Darling, Harman, Blears, J Smith…
I don’t think you’ve thought this through.
What is it with Purnell’s mouth? Strangely twisted into a permanent smirk. A minor stroke maybe? If so we must hope for a bigger one before he manages to worm his way into any greater influence over our affairs.
He looks like a badly made Halloween pumpkin.
“A minor stroke maybe? ”
Perhaps he had a minor stroke over at Jacqui Smith’s place.
Her husband does.
Are Gordoom and Obaaaaaama brothers?
“Airbrush” Purnell is merely re-positioning himself, he hasn’t a snowballs chance of re-positioning the smug, self-satisfied and hypocritical party he belongs too.
Brown Bounce Bombed by G20.
http://politicalbetting.com/index.php/archives/2009/03/28/tories-move-to-44-with-icm/#comments
james purnell is not very popular in his own constituancy , however this speech is of the same level of fawning when blair was in , funny he has to go to chile to make it, could have done it years ago , as for next leader of the labour party , the list is begining to burgeon may have to adjust for some outside bets , interesting that bairites fancey being back in the game , although i dont think i could bare another dose of triangulation and spiv spin
and thanks to poster “gordons farewell tour” although you forgot to mention that a huge chemical factory fire took place in san paulo Brazil after he left , that johna effect !! note footsie was up while he was away !!
Will nobody protect my honour?
I’m afraid you have been violated by a bunch of hoons.
Where do I sign up for this?
Goats and monkeys!
http://blogs.telegraph.co.uk/patrick__hennessy_/blog/2009/03/28/germans_leak_gordon_browns_g20_blueprint
The bosch have stabbed Herr Broon in the back!
All we need now is an England win and a perfect Saturday will be complete.
Awaiting Moderation? Why?
Goats? Monkeys?
Bosch?
Humph.
I got one of those on Friday for asking about random post numbering.
Guess there must be some weird fetish that I’m not aware of in the algorithm.
Och no, Scottish boom Bust!
Sir Michael White has just posted this reply to his 300+ negative commentators.
” MikeWhitereplies
28 Mar 09, 6:18pm (4 minutes ago)
Staff writer So, we have a disagreement. I thought it quite revealing that DH’s video is said on this thread to be almost as popular as the clip of Gordon Brown picking his nose. It’s a comparison I’m happy to endorse.
It’s probably too late in the decline of modern manners ( I didn’t even mention it) to ask if a UK politician should use a foreign forum to abuse a UK PM in quite such a way. Imagine if some ambitious young leftie thruster had used the Strasbourg parliament to duff up David Cameron or Mrs T in her prime, let alone if he’d done it with wit – Tony Banks ? – or flair?
Posters who tell each other that it’s about time Brown got a proper ticking off merely display their own ignorance, sorry about that, but watch PMQs, lads. Posters who say that “everyone knows” ( to use a Hannan-ism) that everyone hates Brown are just wrong. Polls suggest the public mood is anxious and uncertain, as well it should be.
Posters who say that elderly baldies like me don’t get subjected to personal abuse for either avoidable affliction are obviously a bit sad and deserving of our sympathy. Get mum to read a few more threads.”
Doesn’t that just say it all.
Oh, dear, poor man. The party’s over, Michael, go cry on your own.
Unbelievable.
“Imagine if some ambitious young leftie thruster had used the Strasbourg parliament to duff up David Cameron or Mrs T in her prime, let alone if he’d done it with wit – Tony Banks ? – or flair?”
But Mike you ignorant lefty such a comment is said person was popular would see said lefty ignored or laughed at! certainly not one million plus views.
Hannan himself explains why his speach was so popular on Newsnight, i suggest you watch it! – he gets it – you don’t, yet you are meant to be the commentator with the finger on the publics pulse – you are clearly out of touch and perhaps it’s time you were put out to grass.
I’m going to shit in his mouth
Me first.
So Michael Shite thinks that that odious little shit Tony Banks had “wit”.
If Shite thinks calling someone ‘a pig’s bladder on a stick’ is wit then his level of humour is on a par with the fourth form common room.
Accept it Shite you’ve made a complete fool of yourself.
Someone has posted the following comment recently:
“Michael, having been found out as a very poor political commentator, if not a complete New Labour lapdog, your response to justified and totally negative comment comes across as that of a waspish old queen. The White Queen, in fact!”
How dare they use my name for White!
Oh forgot to mention that I’ve reported for trolling
When Labour lose the election and Draper is out on his arse, off his tits on white lightning and begging for change, I’m going to piss on him.
Boom and bust is an artificial cycle based on short termism and driven by irresponsible and corrupt politicians.
The only time we should see a bust in a well regulated economy is if we suffered such things as severe drought etc and lacked any real self suficiancy should other goverments be persuing the same short termism boom and bust system..
Globalism, irrisponsable borrowing/lending and short termism is the recipe for boom and bust.
It is politician/banker (same thing) driven with the people as the manipulated victims.
The people now paying huge amounts of interest to privately owned banks in order to bale out the banks!
Oh yes.
Now ask yourself who created this mess and why?
“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money .”
Sir Josiah Stamp (former director of the Bank of England)
“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Thomas Jefferson (3rd US president)
What’s with the moderation bulldust Guido, perfectly innocent posts being held up!
No, I think he’s realized that the amount of melanin in one’s skin, or whether you are crested or cloven matters not a bit. Though I would like to know (as I live a relatively sheltered existence) what particular faculty makes a LGBT MP better than merely an honest or competent MP (of any race or sexual orientation)?
Obame doesn’t give a rat’s arse about the third world, so I don’t think he’ll be raising that any time soon.
Indeed – I was seriously unimpressed – and I’m a sub-species
206 don’t fret – moderation is entirely random.
Guido is merely playing with us.
Oooops, sorry, that last post should have ended up on the end of this thread on its own, not here.
And what, pray, is the significance of an MPs sexuality? Or an MPs ethnicity? Or an MPs gender? What is important is how they do their job.
I don’t a damn who anyone sleeps with, what colour they are, or whether they are a men or a woman. All I care about is that they are in the job to look out for their constituents and not to have a large expense account!
Och noo!!
Ar’ hav’ alridy’ dun awa’ wi’ yon boom ‘n bust.
Mind ye, nuthen’s'nae ma fult ye understand!
[Translation : although I am entirely unqualified in any useful or gainful calling, like most others of my kind I have sponged off the ignorant masses for years. However, I have, by means of boring and meaningless repetition, put the notion about that I, in some mysterious way, have abolished 'Boom and Bust'. This, of course is nonsense. But simple minded Sheeple believed me long enough.
Now the consequences of my ignorant and arrogant posturing are coming back to haunt me. But as a Son of the Manse, I am able to contrive - and hold - a sanctimonious demeanour, that defies facts and logic.
And it suits my purposes - and pension plans - to continue with this nonsense, by claiming that, even if I never put a foot wrong so to speak, nothing in this mess is my fault. Good isn't it? Certainly seems to be working with the poor fools that follow me.]
It’s nae boom ‘n bust anawee, it’s called instability noo, ye pranuck, and as Purnell jist sed, we mayt no’ be able te stop it
Just watching BBC2 on my intergalactic clandestine illegal SKY Satellite and fuck me, they are showing communal choreographic ass adoration of The McSnotter and his fragrant wife. Everyone singing and praising his name. Flowers strewn everywhere.
Then I put the bottle down put my glasses on and fuck me it is only Nicolae Ceauşescu in Romania.
Close enough, they are talking about the Securitate, looks like The Met to me.
Have fun all you in Sophia on The Thames over the coming few days.
Be aware, it is coming. I feel it my waters
I wonder if the bookies are taking bets on there being a ‘security alert’ at Winfield House next Thursday, when Cameron meets Obama.
In all honesty, I wouldn’t be surprised if such a thing happened.
you all fail on so many levels.
how do you blame YOURSELF for this financial mess?
there is no innocence anymore. Only ignorance.
How’s your dad?
The self-delighted Purnell is a Capital Gains Tax avoider, a slimy oik, and an enemy of the English working class.
Once the liblabcon system has finished collapsing he will be one of the first to receive special and prolonged painful treatment. Then he’ll be executed, as he deserves.
I don’t know why everyone keeps knocking Brown. He promised an end to Boom and Bust and he kept his word. We now are bust with no prospect of a boom.
“By the action we can take, savings are safe, people will be able to keep their jobs, and they will not lose their homes in all of our countries” – Gordon Brown, Washington G20 Summit November 15th 2008……….
There’s a missing name in all this blaming for the economic fiasco our Government have landed us with! Whatever happened to one Anthony Lynton Blair (AKA Bliar).
He purported to be Prime Minister when the seeds of all this trouble were laid which surely makes him responsible for the ultimate outcome. It was under his watch that the stable financial policies inherited from the Tories and followed by Labour with a lot of proclaiming and self congratulating were abandoned resulting eventaully in the consequences we see today. Why hasn’t he been called forward to apologise the the mess he has landed us all in (“all” does not include MP’s feathering their nests with fraudulent claims for so called “expenses”!”
It would do him well to get this one of his chest and out of the way. Our boy is going to have a lot of explaining to do when a proper independant enquiry is mounted into what really went on to “justify” our invasion of Iraq. If perchance there has been a bit of perjury, well there’s plenty of precedence for wehat should happen to MP’s etc. who go in for that sort of thnig!
Ho ho, welcome to the new Dunloanin Building Society!
And what a farce. The Chairman of its’ predecessor, The Dunfermlin Building Society, who might just perhaps have a teeny weeny bit of responsibility for causing the disaster immediately thinks the British Taxpayer should pick up the pieces, including, presumably, his fat salary, pension, and severance package(s).
Typical of the whining sanctimonious approach of our Scottish cousins when it comes to getting their greedy hands on the English taxpayer’s money! Next they’ll all be wanting free portable air conditioning units to blow cool air up their kilts!