Gordon Brown: Soaring Prices Make Low Infaltion "remarkable"

[IDN]

Surely not even the dummies that have voted for this Nu Labour con trick for the last 10 years can be fooled any longer?

This guy is a prize ****, the unfortunate thing is there are so many ***** out there voting for him/them

"GORDON BROWN: It's all the more remarkable that inflation generally is low, when you have, as everybody acknowledges, rising food prices round the world and rising oil and commodity prices. So nobody is trying to suggest that we haven't had a big problem with oil prices. Oil prices have hit almost 100 dollars. Nobody is suggesting we don't have a problem with food prices, because round the round, because of bad harvest, because of other factors at work - demand and supply, food prices are growing. Now, it's therefore remarkable, but unlike the '70s and the '80s and the '90s (interjection)"

as noted previously- the CPI figures are a joke- what GB is saying is yes i know inflation is high - but the inflation figure says its only 2.1! as long as its 2.1 it doesnt matter what the real rate of inflation is - he can keep coming back to the 2.1 figure- im just pissed off that no one is actually questioning CPI- if everyone knows its ******** surely someone should raise a point about it? :angry: :angry:

[StainlessSteelCat]

Fracking hell - El Gordo doesn't just live on a different planet but in a different universe. Thank goodness my pay is linked to RPI.

[thecrashingisles]

Yes, I was sitting there watching him, mesmerised by the fact that this country is being run by a machiavellian. How could he sit there and say "It's all the more remarkable that inflation is low and 2.1%...especially when you have rapidly rising prices"? I think what he meant to say was - "It's all the more remarkable that I have hoodwinked people into believing that inflation is low and 2.1%...especially when you have rapidly rising prices. Aren't you all a bunch of stupid f*ckwits!"

Jon Sopel - You had a reputation as a good chancellor... (interjection)

Gordon Brown - (laughs) Yes it's all the more remarkable given that I don't have a clue when it comes to economics.

Jon Sopel - But Tony Blair handed complete control of the British economy to you for ten years.

Gordon Brown - Well Tony doesn't have a clue either so it was easy to fool him.

Jon Sopel - So how can you sit there and tell us that everything is great?

Gordon Brown - It's worked for me so far.

[Rachel]

I've noticed these sort of responses in many interviews with ministers lately and it is really getting irritating. They clearly avoid the question and real issue and just give a 'rot' answer which glosses over it. I'm sure they know that a high % of viewers accept what they say as they don't understand how some things work.

I just wish these interviewers would really get tough though and refuse the answers as blatant lies and avoidance and either demand an real response or refuse to interview them. Something to make the people wonder what the hell is going on and start them thinking/debating.

AFP

where's Jeremy Paxman when you need him? he didn't let Michael Howard get away with BS answers!

[piece of paper]

where's Jeremy Paxman when you need him? he didn't let Michael Howard get away with BS answers!

But Michael Howard didn't answer. He left.

p-o-p

[red]

as noted previously- the CPI figures are a joke- what GB is saying is yes i know inflation is high - but the inflation figure says its only 2.1! as long as its 2.1 it doesnt matter what the real rate of inflation is - he can keep coming back to the 2.1 figure- im just pissed off that no one is actually questioning CPI- if everyone knows its ******** surely someone should raise a point about it? :angry: :angry:

It's frustrating isn't it, that only a tiny percentage of us seem to care/know about the CPI scam and the subsequent effect on the pound in our pockets. Your average Joe just wants low IRs as he thinks this means lower mortgages and more cheap borrowing.

As I've said many times on this site: never underestimate the stupidity of the British public.

[Nicholas Cage]

Not sure why, but this reminds me of when I first knew something was rotten in New Labour.

Needing to raise tax they shifted that burden to local councils by raising council tax above inflation to pay for increased public spending, every year.

Now Council tax has risen above inflation every year since 1997, 90 per cent just since Tony Blair came to power. The trick was to move responsibility away from New Labour and onto another body.

Same with this, Gordon is not reponsible for the BOE, FSA, UK Economy, Interest Rates or Inflation.

[Bloo Loo]

snip

Same with this, Gordon is not reponsible for the BOE, FSA, UK Economy, Interest Rates or Inflation.

just wondering what he IS responsible for?

[wren]

Brown retorts "It's all the more remarkable that inflation is low and 2.1%...especially when you have rapidly rising prices"

On the question of a recession. Brown replies "The economy depends on us being able to cut interest rates, through having low inflation"

Interviewer "So there won't be a recession?"

Brown "Our aim is to keep the economy growing, its always been our aim"

Remarkable indeed. Miraculous even! It's a miracle economy!

In other news, chocolate rations are being increased from 30 g to 20 g .

[Michael]

IMO the Bank of England's remit to keep inflation below 2% has always been a secondary one.........

Maintaining economic growth takes priority .......They will never trash the economy just to keep inflation below target....

[Son of Taeper]

When challenged on todays Politics show about whether people believe they actually live in a 'low inflation economy', what with 7% food inflation, fuel inflation at 20%, rail fares up by 7%....

Brown retorts "It's all the more remarkable that inflation is low and 2.1%...especially when you have rapidly rising prices"

On the question of a recession. Brown replies "The economy depends on us being able to cut interest rates, through having low inflation"

Interviewer "So there won't be a recession?"

Brown "Our aim is to keep the economy growing, its always been our aim"

Mervyn, your orders are clear

Errrrr, You are not actualy saying anything here.

If I were to post a childrens nursery rhyme would I expect an answer?

You are wasting board space

tw@

[Laura]

just wondering what he IS responsible for?

Prudent delegation?

[Son of Taeper]

Not sure why, but this reminds me of when I first knew something was rotten in New Labour.

Needing to raise tax they shifted that burden to local councils by raising council tax above inflation to pay for increased public spending, every year.

Now Council tax has risen above inflation every year since 1997, 90 per cent just since Tony Blair came to power. The trick was to move responsibility away from New Labour and onto another body.

Same with this, Gordon is not reponsible for the BOE, FSA, UK Economy, Interest Rates or Inflation.

It took you that long Stop posting and start thinking

[Nicholas Cage]

Errrrr, You are not actualy saying anything here.

If I were to post a childrens nursery rhyme would I expect an answer?

You are wasting board space

tw@

Mervyn King is Governor of the Bank of England and is Chairman of the Monetary Policy Committee. He is saying Gordon Brown is putting pressure on him to cut interest rates.

[Nicholas Cage]

It took you that long Stop posting and start thinking

No, it "reminded" me, not "realised"

[Guest DissipatedYouthIsValuable]

If someone can come up with a link to audio or video of this interview, I'd be delighted.

[AteMoose]

Here's the transcript. He's lost it...

http://news.bbc.co.uk/1/hi/programmes/poli...how/7202283.stm

other factors... what you mean a co-ordinated nose dive of the $ £ and Euro?

[AteMoose]

If someone can come up with a link to audio or video of this interview, I'd be delighted.

its on BBC iplayer, 5 mins in:

http://www.bbc.co.uk/iplayer/page/item/b008xpg5.shtml

Seriously the Government stats department needs investigating, its a bit like living in zimbabwer, problems but the majority are denied..

Edited January 27, 2008 by moosetea

[Guest pioneer31]

The reason that interviewers don't get tough, is that the interviewee won't ever appear on the show again.

Our MP's are well aware of who the lame question masters are - Marr, Dimbleby, Frost and anyone from GMTV.

The BBC have no interest to inform or get to the truth, they just want to pump out cheap television.

Edited January 27, 2008 by pioneer31

[Dames]

Like to hear him on John Gaunts show , lol.

D :0)

[AteMoose]

if you don't get the skills you wont get a job

if you get the skills you will earn ALOT of money

[Alice Cook]

When challenged on todays Politics show about whether people believe they actually live in a 'low inflation economy', what with 7% food inflation, fuel inflation at 20%, rail fares up by 7%....

Brown retorts "It's all the more remarkable that inflation is low and 2.1%...especially when you have rapidly rising prices"

On the question of a recession. Brown replies "The economy depends on us being able to cut interest rates, through having low inflation"

Interviewer "So there won't be a recession?"

Brown "Our aim is to keep the economy growing, its always been our aim"

Mervyn, your orders are clear

Did he really say this? You must be making it up.

However, I can understand his amazement; "inflation is low, especially when you have rapidly rising prices."

Alice

Visit My Website

[numpty]

Watched the interview and again i have been told off for screaming at the TV. Everything he said was total and utter crap. He still does not know what the underlying cause of most of the problems of the country. He is a joke Screaming Lord Such would make a better prime minister.

Yes inflation is 2.4% but it is strange that my shopping has gone up 18% in one year. Electricity, Gas and Petrol you C0CKHEAD. AAARRGGGGGGGGGGHHHHHH

Into your basket of commodities as you walk to the checkout I have made you buy a Sat Nav system and a whole load of cheap clothes from China. I distinctly remembered that you used to have a lot of 35mm film processed and now with digital camera and home printing you have saved a packet. I have adjusted your basket of commodities accordingly. And yes prices as a whole have risen overall by 2.5%

[FernandoMorientes]

It's in the text he said it, as IDN said why isn't the presenter armed and dangerous demanding to know what components make up CPI, followed by subsequent questions relevant to food stuff's and energy prices then querying where these 'rapidly inflating' consumables are measured?

Good Lord it's like the National Socialists in the 1930's, are these people bribed or frightened, do they get threatened with the sack or an impromptu train journey to Dachau?

Disgraceful, he could and possibly should have been annihilated in this interview, wheel out Paxman after getting out of bed on the wrong side!

Did he really say this? You must be making it up.

However, I can understand his amazement; "inflation is low, especially when you have rapidly rising prices."

Alice

Visit My Website

[Converted Lurker]

The reason that interviewers don't get tough, is that the interviewee won't ever appear on the show again.

Our MP's are well aware of who the lame question masters are - Marr, Dimbleby, Frost and anyone from GMTV.

The BBC have no interest to inform or get to the truth, they just want to pump out cheap television.

Precisely, I've always termed it the tea with Mussolini predicament, I quite miss Prezza and Humphries 'avin a go on the Today programme though, quality entertainment.