Wednesday, October 08, 2008

First impressions

I have just had the press conference cut off by the BBC Radio 5 so can only comment on what I have heard.

Gordon Brown cannot be allowed to get away with blaming the States. How can he insist on anything, this is pie in the sky stuff.

I'm sorry but this is so deeply flawed, people have contracts, you can't just break them. What on earth is he talking about, he will control dividend policy, remuneration policy. That is without any actual power, he has given them the money but we, the taxpayer, have no involvement. This is going to lead to a situation worse than the Great Depression. You won't see the same levels of poverty, what it will lead to is despair, a loss of what is it all about, what exactly is the point anymore. There actually is no point, it is all about money, in the words of Shakespeare, 'we are now all pimps and whores'.

Nick, your point is very valid about what will not be done which would have been done. Our pensions are ruined, our children and grandchildren will be seriously impoverished.

This is a scorched earth policy, they must not be allowed to get away with this.

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