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Realistbear

Did Gordon Handle The Economy Well?

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http://www.gordonbrown.org/

I posted but found I had to edit out certain words before it was accepted. :blink:

Some of the comments seem a bit OTT and I am unable to find any that are critical. Funny that.*

* I must consume my rhetoric:

Name david beal

Date 2010-05-27

Location

Message Dear Gordon. It should never have come to this. All great leaders must have a deep inner stregth allied to a sense of humilitiy. You lack both these qualities and should have remained as a second in command where your skills could have been put to better use by a more gifted politician. your lack of understanding of people or at least your inability to engage with people should have excluded you from the hot seat but the labour party was too frightened and complacent to bring you to task after blairs departure. the roadside of History is littered with many burnt out wrecks that failed to live up to expectations after finally attaining the posistions they so cravenly desired at the cost of everything. You and we have finally been put out of our misery. retire into the shadows and at last enjoy a simple life.

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http://www.gordonbrown.org/

I posted but found I had to edit out certain words before it was accepted. :blink:

Some of the comments seem a bit OTT and I am unable to find any that are critical. Funny that.*

* I must consume my rhetoric:

Name david beal

Date 2010-05-27

Location

Message Dear Gordon. It should never have come to this. All great leaders must have a deep inner stregth allied to a sense of humilitiy. You lack both these qualities and should have remained as a second in command where your skills could have been put to better use by a more gifted politician. your lack of understanding of people or at least your inability to engage with people should have excluded you from the hot seat but the labour party was too frightened and complacent to bring you to task after blairs departure. the roadside of History is littered with many burnt out wrecks that failed to live up to expectations after finally attaining the posistions they so cravenly desired at the cost of everything. You and we have finally been put out of our misery. retire into the shadows and at last enjoy a simple life.

Really?? :o

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My (probably never to be published) contribution.

"Lifting half a million children out of poverty"

- By doubling the debt every child is born into

"the Child Trust Fund"

- Paid for by tripling the cost of university tuition- Children are going to need a lot more than a measly few hundred borrowed pounds to pay for that.

Gordon, by his own convictions, was abysmal.

A few quotes from the great unelected leader...

"A weak currency arises from a weak economy which in turn is the result of a weak Government” – Gordon Brown."

"No more boom and bust"

and my personal favourite

"I will not allow house prices to get out of control and put at risk the sustainability of the recovery."

Gordon Brown's 1997 Budget Statement

I expect a signed letter from Gordon calling me a Bigot.

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I think that website also explains what Gordon has been doing the last few weeks. Writing 28 pages of physcobabble about himself.

The website has probably been et up as part of his 'therapy'.

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Guest Noodle

The website has probably been et up as part of his 'therapy'.

Fvck me! :o

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The website has probably been et up as part of his 'therapy'.

And i always thought that accepting youve got a problem was the first step :lol:

*there was no credit boom, there was no credit boom, there was no credit boom*

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I have just posted my own 'thank you Gordon' to this site:

To quote Margaret Thatcher - “The problem with socialism is that you eventually run out of other people’s money.”

That is what you did, Gordon, and future generations will speak your name with horror.

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Bridget

Date 2010-05-31

Message: Dear Gordon i just wanted to say how sorry i am that you are no longer our Prime Minister.You have done so much good for this country over the last few years.People i hope will soon realise what a grave mistake they have made

LOL! :blink::D

I can only presume that some of these people are being sarcastic?

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Bridget

Date 2010-05-31

Message: Dear Gordon i just wanted to say how sorry i am that you are no longer our Prime Minister.You have done so much good for this country over the last few years.People i hope will soon realise what a grave mistake they have made

LOL! :blink::D

I can only presume that some of these people are being sarcastic?

Do you think so?

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I have just posted my own 'thank you Gordon' to this site:

To quote Margaret Thatcher - “The problem with socialism is that you eventually run out of other people’s money.”

That is what you did, Gordon, and future generations will speak your name with horror.

No, Gordon screwed up...by exactly the same margin as every other government that capitulated to the Paulson lie that in turn led inevitably to the poor paying to secure the prosperity of the rich. The Thatcher dream fulfilled I'd say. A belief in the infallibility of a supposed "free market" ...until it doesn't work for the profit takers. Lack of intervention by the state, lack of supervision, lack of legislation and now a distinct lack of punishing losses for those responsible was, and continues to be, the problem. The fact that all this came about precisely because of the deregulation ideology promulgated by Thatcher, Regan and their string pullers from the "Chicago school" seems to have been entirely and conveniently ignored by the learned contributors to this thread. Brown and Nu Labs massive mistake was to follow on rather than ditch that ideology when they had a mandate to do so in 1997.

Senior Bear ...when you quote from Thatcher you quote from the prime advocate of the deregulated market model that underlies the very cause of the problem...from unregulated shadow banking to a total reliance on a service sector economy and a society with nothing to bind its people together except the shallow jingoism of the Sun and the In-gur-lan football team.

I just hope the Toffs now in power overdo the screwing of the poor so even white van man wakes up. Maybe we'll at last get to revist the poll tax/miners strike all joined up but nationwide and on steroids this time.

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What the new coalition government does and what the consequences are will, in a way, highlight to us whether Gordon Brown's government was worse than we believed or not as bad as we believed.

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Heres a typical post

Dear Gordon, A prophet does not have honour among his own people.I admire your courage and resolve in the faces of it all. You are certainly the first among the equal. I wish you all the very best in the future. I guess people we now be awake from thier slumber, that,they've lost a rear gem with a sincerity of purpose, for the services to the people and his country.

I assume the poster is his (slightly retarded) rent boy.

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The website has probably been et up as part of his 'therapy'.

I honestly don't know why I just wasted five minute of my precious life doing this, but according to WhoIs the site appears to have been set up in August 2006, by one David Taylor.

cunt.org.JPG

Nice of him to attach his mobile number. I wonder if it works? :)

WhoIs David Taylor of 149 Glenroy Street? (pardon the pun)

taylor.JPG

Looks like some low-level snivelling Labour candidate from Wales. Wonder what was in it for him, the obsequious little tw@t?

Still, looks like it expires very soon (7 August 2010,) so it will be fascinating to see if they bother to spend the hosting fees renewing it? Anyone fancy diary-dating that to see - I really can't be ar$ed.

Might give Mr Taylor a bell nearer the date though, just to remind him like. Would be a shame for him to surrender the rights to such a valuable legacy to the human race :lol:

B

post-13228-12770205794061_thumb.jpg

post-13228-12770206622278_thumb.jpg

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Well I attempted to post a bunch of stuff like the following:

1.] In his 1997 budget, Brown abolished dividend tax credits on pension funds. Companies saw the writing on the wall and immediately ended their final salary pension schemes to new employees shortly after the 'Brown raid'. They also started to cut down on the number of people with long final salary pension service and worked towards ending a scheme which would no longer be viable.

* The CBI opposed Browns Tax credit cuts. Even the treasury and No.10 opposed them. [but Brown made the cuts anyway.]

2.] By abolishing the pensions tax credit, the yield for institutional funds across the entire market fell by 20 per cent. Few people outside the City understood the change and hardly any MPs protested. But Whitehall papers produced under the Freedom of Information act showed that Mr Brown was warned by his officials and by the Treasury that there would be dire consequences.

They warned it would wipe £50bn off the value of funds, and that shares could drop by up to 20 per cent and public sector pensions would need topping up. [brown chose to ignore this warning]

* The value of pension funds have since lost around £5bn per year since the 1997 tax relief cuts. Pension funds holding the cash that almost everyone in the country had planned to use for our retirement have lost around £100 billion over the last 12 years.

3.] The advice Brown was given by this Treasury Paper, in 1997 was as follows:

'The changes in incentives are likely to lead to substantial changes in portfolios. Pension funds will find equity relatively less attractive, and will prefer other assets – particularly interest bearing securities and foreign equity – and may also be prompted to consider more direct property investment.'

Those funds were then channelled into fuelling an unsustainable property bubble, BTL portfolios, which developed because of Labours complete lack of regulation of the Banks.This was followed by ever increasing toxic mortgage debt, and this was followed by the bank bailouts.

This is just one example of Gordon Browns incompetent decision making which helped to inflate the cornerstone of the debt bubble.

4.] In the ten years previous to Browns Raid on pensions, From 1987 to 1997 the Average House Price rose from £40k to £55k.

A 33.3% rise over ten years.

From 1997 to 2007, the Average House Price rose from £55k to £190k [Nationwide Building Society figures]

A staggering 245% increase over the same period. [Ten years.]

The UK debt bubble stopped inflating at the end of 2003.

But then, Chancellor Brown removed housing costs from the inflation index (in December 2003, from RPI to CPI), despite Bank of England's opposition, to force the Bank to keep interest rates low. Too low.

The UK should not be facing the debt we are facing, and The Labour Party are guilty of gross fiscal mismanagement and criminal negligence.

It was always stupidity of the highest order to exchange pensions for houses, so one section of society can leech off another generation.

The risk of Bank solvency, which led to bank bailouts, has now been transformed into a Sovereign Risk.

So anyone who did not get onto the ladder before the Boom, is in fact paying for this toxic mortgage debt, or other peoples houses, through increased taxes, QE, and theft of IR.

Without ever being able to afford our own.

We have Already having been forced to waste tens of thousands in rent, [paid to unscrupulous landlords who lied on mortgage applications to borrow more than they should have been able to]

Reckless lending behaviour by Banks, that was not only supported but actively encouraged by Brown and co. [Look at Browns mansion house speeches as late as 2006]

A debt transfer has taken place.

Thats what Evil Brown and Labour have done. Privatised the profits for anyone who got onto the ladder around 1997.

Then socialized the losses, amongst all the rest of us. The poorest.

Should we work for nothing for the rest of our lives?

Live forever in Indentured slavery?

My Landlord was somehow able to borrow enough money from the Bradford and Bingley, to buy 4 houses. [Even though he only earned between £10-£11k per year] [before my taxes, along with QE and no IR, bailed out the bank to the tune of £50Billion]

He doesnt have to work.

I have paid for his lifestyle and his mortgage for 9 years.

Whilst being unable to ever afford mine own small house.

So I have, and am in effect working for nothing.

No capital. Unable to get ahead, or a foothold in life.

There are millions of us.

We have been trapped in debt bondage for a decade.

This has such a debilitating effect its untrue.

I have grown to hate my country, thanks to Labours soviet style social engineering and their disgusting downright evil incompetence.

You have completely destroyed the dreams and aspirations of generations. You are a traitor to the UK.

The Labour Party must never be allowed into office again. Whatever the cost.

For some reason none of my comments made it onto Gordon Browns Page.

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Not one single negative comment in the first 7 pages - Couldn't be arsed to read anymore.

"Did Gordon Brown Handle the Economy Well"

If [ ${comment} = positive ]

then

printf $comment

else

discard {}

fi

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What the UK needed was some stability.

Instead, In the end, we will all have had a rollercoaster ride to hell.

As the Public sector, et al, are about to find out.

"The function of socialism is to raise suffering to a higher level." Norman Mailer

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No, Gordon screwed up...by exactly the same margin as every other government that capitulated to the Paulson lie that in turn led inevitably to the poor paying to secure the prosperity of the rich. The Thatcher dream fulfilled I'd say. A belief in the infallibility of a supposed "free market" ...until it doesn't work for the profit takers. Lack of intervention by the state, lack of supervision, lack of legislation and now a distinct lack of punishing losses for those responsible was, and continues to be, the problem. The fact that all this came about precisely because of the deregulation ideology promulgated by Thatcher, Regan and their string pullers from the "Chicago school" seems to have been entirely and conveniently ignored by the learned contributors to this thread. Brown and Nu Labs massive mistake was to follow on rather than ditch that ideology when they had a mandate to do so in 1997.

Senior Bear ...when you quote from Thatcher you quote from the prime advocate of the deregulated market model that underlies the very cause of the problem...from unregulated shadow banking to a total reliance on a service sector economy and a society with nothing to bind its people together except the shallow jingoism of the Sun and the In-gur-lan football team.

I just hope the Toffs now in power overdo the screwing of the poor so even white van man wakes up. Maybe we'll at last get to revist the poll tax/miners strike all joined up but nationwide and on steroids this time.

but you can't just unregulate on athe way up and then try to manage the decline by putting you finger in the dyke.

if you're going to do deregulation it has to cut both ways....that way people will understand there are consequences to risky behaviour.

if you get drunk,be prepared for a hangover...and learn from it.

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Double post.

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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