bornfree

It looks as if Gordon Brown's initiative of trying to persuade the US government to spend billions of American taxpayers' money on propping up American financial institutions doesn't have the support of the American people. Apparently they have besieged their senators with emails opposing the plan.
So we have a British politician, the equivalent of a Democratic party politician in the US, who is apparently failing to connect with the kind of people - `ordinary' people, you would expect him to connect with.
This apparent failure to connect might be because ordinary Americans don't want to be converted to the British - or rather the British Labour party's - love of massive public spending, to its `borrow-now-pay- later' philosophy.
Turning to a British context, the current financial crisis is pretty convenient for Labour, it gives them an excuse to borrow more public money than they would ordinarily be able to borrow.
But let's try to remember that this money has to be repaid, and it has to be repaid by ourselves, by our children or our grand children.
It will be interesting to see how Labour spends the extra money that it will borrow from us `to solve the current financial crisis'.
Personally I suspect that it will blow it on pointless schemes which will do nothing to solve it, which will make our situation worse by plunging us deeper into debt.

Little Englander (sour)

Brown can give George a few tips on secrecy, like allowing the BoE to make massive loans to banks on the quiet, there is talk of the BoE lending £40bn but that is only short term loans, long term the figure is closer to £100bn, Northern Rock is the only rescue done publicly and that was because of the queues of people trying to withdraw their cash.

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Little Englander (bigoted)

Ea of Dune

No you are wrong! He is more akin to a fuc*ing Deer Tick.

Can you arrest him or something whilst he is over there so the tosser can't come back?

Ea of dune

Jeff

There was something on tv news this morning about Bradford and Bingly going down the same rout as Northern Rock did.

I expect people will already be formed up outside B&B trying to get a bit of their own money back that they deposited on good faith there.

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We are all English if we wish to be.