Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Brian - that is about 10% or less of the minimum thats needed.
Socialist sleepwalkers Andy. They can't face up to the damage their political idols have caused so resort to insults against those whose job it is now to sort out the mess.
With the economy destroyed for at least our generation, probably the next and likley the one after that, I find it amazing that folks can even now still be thinking Labour worth voting for. I guess it takes all-sorts, but why oh why can't some recognise the situation we are in and who is totally to blame?
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
andy/barry,it might be only a small ammount but its a start,futher more the 5%pay cut is an insult it should have been 25%.the unis is a grey area but well worth the money spent along with finding work for the 16/24 age group.some of these so called cuts are misguided.
andy,no insults on the condems is intended,but sorry if you feel that way.but its no differant to what barry and co are doingto the out going goverment/eurozone.
Guest 693- Registered: 12 Nov 2009
- Posts: 1,266
Brian
Water off my back, mate. It's just a bit rich to start criticising a Government that's been in power less than a fortnight for trying to clear up its predecssor's mess!
True friends stab you in the front.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
and what predecssors would that be any labour or torys mess.there again it depends when the mess started.but saying that we have had 26 years of single goverment starting with one mrs thatcher and ending with one mr brown.
It is an established fact that when TB/GB took power in 1997 they inherited the strongest economic position that Britain has had for decades. So strong in fact they announced retaining Ken Clarke's fiscal policies and plans for at least the first year of office.
If there was a problem then, I am sure TB/GB would have said so and set about putting it right. The fact they didn't tends to strongly support my fisrt paragraph.
Fact is, Labour has created this debt burden in 13 years of fiscal mismanagement. Some blame the banks as it deflects from the truth. Remember, the banking regulations were relaxed by Gordie which allowed the banks the opportunity to take unnecessary risks. Without the environment being created by Labour the banking crisis would probably not have happended.
So, when did the mess start? 1997
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Brown did more than just relax the banking regulation, he actually encourged them to go out and take commerical risks. (Mansion House speech 1998 from memory)
Guest 693- Registered: 12 Nov 2009
- Posts: 1,266
Nearly, Barry, but not quite right. Your sentence should have read : "Brown did more than just relax the banking regulation, he actually bankrupted the nation."
And people are now blaming the coalition for trying to clear his mess up? Beggars belief, really it does.
True friends stab you in the front.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Thank you for that 'correction' what you say is right of course and so ws what I said though I cannot be sure which Mansion House speech it was.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
having doubts barry.or is it that your memorys playing up.be happy.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Just cant be bothered to read through Brown's old speeches to check exactly in which one he said what. The point is he said it.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
i hear that the eu have come up with a rather exelant idea,its called a bank levy,it seems a sound idea and should work out in a balenced way.what i would like to know is why g.osbourne wants money out of it straight away,but for some one who is sussposed to be inteligent.how can one do this if there is no money in the kitty.as far as i can see its future account to bail out the banks,the enfisis is on the word future and not the past.
barryw,what ever brown/blair said at these functions its all in the past,the best place to leave it.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Brian - Goerge Osborne is applying something called logic, unheard of in the EU. Why create a massive pot of money doing nothing just waiting for the day maybe 50 or 100 years time for when a bank bail-out is needed, when it can be used to reduce the deficit right now. Sensible.
Didn't we critisise GBrown for NOT storing up some money for a rainy day?
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
touche bern touche.
a reminder to the condems must do better and put money aside for a rainy day.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
No Bern that is actually wrong.
That was not about 'storing up money' at all but about reducing and paying off debt during the economic growth cycle. It was about his failure to keep spending down that was the problem.