Tuesday, December 16, 2008

Reliance on City makes UK more vulnerable

Chancellor admits Britain is facing more severe downturn

Britain will be more severely affected [than other countries] by the global downturn because of its dependence on the City of London, the chancellor, Alistair Darling, warned yesterday. Darling, who gave the government's first warning of the depths of the downturn when he told the Guardian in August that the world was facing "arguably its worst" economic conditions in 60 years, returned to the theme yesterday in a debate on the economy. Darling added: "We're also affected by the downturn in the housing market." [Affected by? These goons caused it in the first place!]

Posted by drewster @ 02:25 AM (729 views)
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5 thoughts on “Reliance on City makes UK more vulnerable

  • we’ll be more severely affected than others? i thought we were best placed to ride it out – sound fundamentals etc. someones lying but then the same someone’s been funding the mentals…

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  • After the South Sea bubble, in 1721, the Chancellor of the Exchequer was jailed for committing around £20m of government money to fuel the boom.

    Bearing in mind the increased severity of the crime this time, should we bring back the death penalty to mete a just punishment to Darling (or more accurately, brown. Maybe Darling should be publically flogged) perhaps?

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  • I’m inclined to agree with you there Paul.

    At what point do you say enough is enough.

    Surely there must be a mechanism for getting a maniac out of power before an election.

    My only concern being – who goes in his place ?

    Can the Queen announce that enough is enough ? It is her government I believe.

    Do we turn to the Royal family at a time like this to disolve the current government (whilst making use of the Tower) and re-appoint her own selected group of people from different parties with the specific remit to get things back on track over a 4 year period for example.

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  • I regret to say that HM the Queen won’t do anything. She is too weak willed and isolated from reality. She could easily have stopped the European project, but she has chosen the easy route for a quiet life. She has abrogated her responsibility and forgotten what her role, the ultimate role for the safeguard of this Sovereign Nation is. I’m not even sure that we are still a Sovereign Nation any more. Thank you very much Queen for nothing. You have done absolutely nothing to stop us being sold down the river. Your father is probably turning in his grave.

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  • The above post conjures up visions of the Queen’s useless family of hooray Henrys sponging off us via the civil list. But, on reflection, they are probably preferable to the masses of Jeremy Kyle fodder at the bottom end of society constantly breeding more workshy social security candidates to soak up the taxes of the working middle class suckers.

    Not feeling at all benevolent today.

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