Monday, August 31, 2009

Generous to a fault

Darling predicts end of recession

Mr Darling pledged an extra £7bn to the International Monetary Fund (IMF). The cash to help poorer countries get through the recession almost doubles the £9.2bn ($15bn) which the government pledged to the IMF in April.

Posted by devo @ 01:04 PM (966 views)
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9 thoughts on “Generous to a fault

  • So he is predicting the end of the recession much like he predicted the start of it.

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  • “he (Darling) also said the government would “spend whatever we can” to keep people in work.”

    Call me cynical but the massive burden on the taxpayer is primarily aimed at giving Labour a fighting chance at the next election and little to do with keeping people in jobs because a large proportion of the debt now carried by the tax payer was aimed at bailing out the banks, not keeping people in jobs.

    The end of this current Labour Govt will not come a day too soon for me. They are a disgrace on all levels.

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  • Spot on Denzil….. this shower of shite should be castrated… but not Gordon……… he has no boll*cks to remove

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  • I suppose printing another £7bn is no trouble at all… If they just keep the printing presses going, they could remove everyone in the world from poverty while they are at it – what wonderful people they are..

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  • stillthinking says:

    This is an ante up, first move, to encourage the G20 to pony up also, under the pretext of bailing out the east europeans. I think it is in the interests of the UK to have a well funded IMF….

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  • Roubinisworstnightmare says:

    I don’t think the IMF will be bailing Britain out – we’ve trod this path too often before…

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  • Bulls beware!

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  • @6 & 7; at the bottom of the article it states that ‘Mr Darling pledged an extra £7bn to the International Monetary Fund (IMF).’

    This sounds strange to me as it infers we are giving money we haven’t strictly got to the IMF, now is that printed money, borrowed or future tax revenue???

    Perhaps it’s all 3, my head is starting to hurt!

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  • Whos going to bail out him when the rock hits the bottom of the well!

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