Sunday, April 1, 2007

Brown’s Been Found Out …

The full horror of Chancellor's debt binge

A long article, but readable, which highlights the long term risks of Brown's monumental borrowing binge. Worth reading and then adding a comment to the "Your View" section.

Posted by talking rot @ 12:21 PM (440 views)
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5 thoughts on “Brown’s Been Found Out …

  • japanese uncle says:

    Remember the conversation between ‘R’ and Cameron I cited in this blog a few weeks ago. Media barrage seems to have started to pull down Crash Gordon. NuLabor’s next chief could well be David Miliband aka David Karloff. This creepy character seems ruthless enough to carry out the agenda as imposed by “R”. I personally think this guy should belong Hammer studio.

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  • It would appear that there are strands of the press who are starting to wake up to fact that Gordon’s economic miracle is actually nothing of the sort.
    A good read this one.
    I note Reid has thrown his hat into the ring for the job of PM. I expect to see much mud slinging. There are those within Labour who are quite aware that there is a high likelyhood they will lose the next election with Brown in charge. He is some way behind DC in most polls.

    I for one would be so so satisfied to see the revolting creature Brown seriously get his nose bloodied.

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  • bidin'matime says:

    “I for one would be so so satisfied to see the revolting creature Brown seriously get his nose bloodied.”

    Make that 2 of us, Denzil. Economic miracle, my *rse. I too could create the appearance of an economic miracle (in my own household) by borrowing against my pension and running up debts that my children would have to pay off long after I’m gone. The man’s a villain.

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  • bidin’,

    If you have a mortgage, you have borrowed against your pension! The banks in this country sell their mortgage bonds to fund managers. Another way of putting that, is that the banks loan us our own pensions to buy houses. If the property market crashes, home values and pension values will both collapse. ………..You really couldn’t make this situation up.

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  • Add me to the list, Brown has systematically shafted this country for the last 10 years, his miracle economy is a mirage created by cheap credit, net result a consumer driven economy funded by long term debt. It amazes me that the whole thing has been ignored by the main stream media, when even I could see Brown for the cheap spiv he is!

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