Sunday, December 9, 2007

Vince has known the score for a while, but only now people are listening …

Cable shows fibre

VINCE CABLE: I think we are. And the government's argument is that this is all some unfortunate accident. It's blown in from the United States. I don't believe that. I mean I've been arguing for two or three years now in the House of Commons and Gordon Brown's always refuted this argument, that the British economy is very seriously unstable. Because what's been happening is households have been building up enormous personal debt, it's unprecedented historically and by comparison by other rich countries this debt is secured against house prices which are massively inflated. And at some point all of this was going to come unstuck. And it is now beginning to come unstuck.

Posted by doomwatch @ 07:53 PM (784 views)
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6 thoughts on “Vince has known the score for a while, but only now people are listening …

  • If Vince cable was standing for the leadership , He’d get my vote. He’s made more of an impression on me over the last two weeks than anyone in the other parties has in 10 years.

    Shame he isn’t standing…..

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  • japanese uncle says:

    Nothing can offset the sin of backstabbing Charlie K.

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  • Vince is in politics as a vocation, which is an ancient and noble principle unknown to most modern MP’s, especially those infesting Labours benches at this moment in time.

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  • I think it’s obvious to most regular visitors to this site that Gordon Brown is a con-man but for some reason the mainstream media and most politicans seem to be happy to ignore the truth of the current situation. ANYONE that’s prepared to tell it like it is deserves a pat on the back if you ask me.

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  • Vince is sadly unelectable because of his age – he’s 64, the same age Menzies Campbell was when he took over as leader. Although he does have some great policies, the Lib-Dem plan to scrap council tax and replace it with a local income tax really stinks. It means older retired people living in massive houses will be paying a lot less (and will have no incentive to downsize), while the young people squashed into tiny house-shares and trying to save up for a deposit will be taxed even more heavily. Overall it will lead to a less efficient distribution of housing which will be bad for the economy as a whole.

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  • That said, I still think lib dems have more honour, backbone and intelligent policies than the others.

    Mostly because of the poor competition, admittedly.

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