Politics Show Gordon Brown
I saw the politics show this morning with the interview with Gordon Brown.
He really does not seem to understand that he is the Prime Minister not the chancellor. Will somebody tell him that he was responsible for the the overthrow of the Prime Minister who led the labour party into the last general electionon the basis that he would serve a full term. He also had a manifesto committment to hold a referendum on something about Europe.
Gordon seemed to be saying that the world is listening to him because of his experience. Umm.Ok. But does he not have a problem. He said he was angry with the banks, ok. because they were not open and pransparent, so his experience over many years in government as chancellor, he was not able to know what the banks were doing?
As Sopel pointed out he did not see the banks, formerly the Building Societies, offering 125% mortgages. So much for experience, he seemed to be a slow learner. He seemed to be saying that there was some sort of shadow banking system which he did not know about, again, ummmm!
So the definition of boom and bust is 15% interest rates, is what he seemed to be saying, well, can he be sure, because look at Iceland, riots starting to happen in the streets, how long before they have hyper-inflation. How long before riots in our streets again?
Sorry Gordon, at least he admitted that the banks are important to the financial system, well you could have knocked me over with a feather!
He really does not seem to understand that he is the Prime Minister not the chancellor. Will somebody tell him that he was responsible for the the overthrow of the Prime Minister who led the labour party into the last general electionon the basis that he would serve a full term. He also had a manifesto committment to hold a referendum on something about Europe.
Gordon seemed to be saying that the world is listening to him because of his experience. Umm.Ok. But does he not have a problem. He said he was angry with the banks, ok. because they were not open and pransparent, so his experience over many years in government as chancellor, he was not able to know what the banks were doing?
As Sopel pointed out he did not see the banks, formerly the Building Societies, offering 125% mortgages. So much for experience, he seemed to be a slow learner. He seemed to be saying that there was some sort of shadow banking system which he did not know about, again, ummmm!
So the definition of boom and bust is 15% interest rates, is what he seemed to be saying, well, can he be sure, because look at Iceland, riots starting to happen in the streets, how long before they have hyper-inflation. How long before riots in our streets again?
Sorry Gordon, at least he admitted that the banks are important to the financial system, well you could have knocked me over with a feather!
posted by Catch22 at 5:44 AM
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