Brown and Darling - their Falklands moment?
Discussion
Well who would have thought it? A month ago pariahs in their own Party and in the eyes of the voters. Now look at them - saviours of the UK and global economies. Could this be their "Rejoice" Falklands moment and see them through to another term? They seem to have done awfully well on the world stage in the last week. Dave and George must be weeping.
It's not over 'till its over ...
It's not over 'till its over ...
Edited by audidoody on Monday 13th October 08:53
I don't think so.
'The Falklands' marked something very clear in post-war British history, the end of the 'genteel decline' from Empire.
It drew a line in the sand that the UK were going to be a force to be reckoned with again. Newsweek Magazine famous "The Empire Strikes Back" was the iconoclastic image.
This is very different.
This marks a collapse in Government economic policy, one build on debt, government, business and personal debt. An economy build on the sands of it. A Government with it's greasy fingerprints all over this total failure now having to shore up the very economy they lauded and built over the last 11 years.
I'm just glad Brown didn't f
k up this recovery plan, they sure dithered enough but then it's not really his plan and the Tories can claim some credit. The Jury is still out but believe me once the fear turns to anger, which it will once the bank and markets stabilise, this government is going to get both barrels.
The Bank of England will be furious, the opposition will be furious and the people will be furious.
Brown might be enjoying this now but I doubt he will in a few months time.
'The Falklands' marked something very clear in post-war British history, the end of the 'genteel decline' from Empire.
It drew a line in the sand that the UK were going to be a force to be reckoned with again. Newsweek Magazine famous "The Empire Strikes Back" was the iconoclastic image.
This is very different.
This marks a collapse in Government economic policy, one build on debt, government, business and personal debt. An economy build on the sands of it. A Government with it's greasy fingerprints all over this total failure now having to shore up the very economy they lauded and built over the last 11 years.
I'm just glad Brown didn't f
k up this recovery plan, they sure dithered enough but then it's not really his plan and the Tories can claim some credit. The Jury is still out but believe me once the fear turns to anger, which it will once the bank and markets stabilise, this government is going to get both barrels.The Bank of England will be furious, the opposition will be furious and the people will be furious.
Brown might be enjoying this now but I doubt he will in a few months time.
Edited by 215cu on Monday 13th October 09:02
NoelWatson said:
cjs said:
The polls still have them way behind. Will that change? Wait for the fall out when we see the damage to our public spending this rescue package has caused. Wait for taxes to go up!
http://www.bloomberg.com/apps/news?pid=20601102&sid=a7syAVy7_pcs&refer=uk215cu said:
This marks a collapse in Government economic policy, one build on debt, government, business and personal debt. An economy build on the sands of it. A Government with it's greasy fingerprints all over this total failure now having to shore up the very economy they lauded and built over the last 11 years.
If this is true, then it's satisfying to know that we are still the most important country in the world and that our government's policies have caused the worlds financial marked to melt down 
Presumably you think that if another party had been in power (with their beleif in free market economics) they would have clamped down om the banks wild lending schemes, prevented and UK financial problems AND kept the rest of the world on track.
I think not! It's possible that with a different govt things might have been 10% or 20% better or worse, but it would have happened one way or the other.
john2443 said:
215cu said:
This marks a collapse in Government economic policy, one build on debt, government, business and personal debt. An economy build on the sands of it. A Government with it's greasy fingerprints all over this total failure now having to shore up the very economy they lauded and built over the last 11 years.
If this is true, then it's satisfying to know that we are still the most important country in the world and that our government's policies have caused the worlds financial marked to melt down Presumably you think that if another party had been in power (with their beleif in free market economics) they would have clamped down om the banks wild lending schemes, prevented and UK financial problems AND kept the rest of the world on track.
I think not! It's possible that with a different govt things might have been 10% or 20% better or worse, but it would have happened one way or the other.
Look at HSBC, took fewer risks and operated a far more cautious position.
They aren't exposed at all, if they are, it's very manageable.
What needs to be exposed, but won't because it's too complicated to sell via headlines, is that Labour's 10 years of encouraging silly borrowing to fund growth is what's really left us in the st now- without it, he wouldn't need to rescue anything.
Sadly the average red-top reader would get bored by the time the bold text runs out.
t now- without it, he wouldn't need to rescue anything.Sadly the average red-top reader would get bored by the time the bold text runs out.
215cu said:
john2443 said:
215cu said:
This marks a collapse in Government economic policy, one build on debt, government, business and personal debt. An economy build on the sands of it. A Government with it's greasy fingerprints all over this total failure now having to shore up the very economy they lauded and built over the last 11 years.
If this is true, then it's satisfying to know that we are still the most important country in the world and that our government's policies have caused the worlds financial marked to melt down Presumably you think that if another party had been in power (with their beleif in free market economics) they would have clamped down om the banks wild lending schemes, prevented and UK financial problems AND kept the rest of the world on track.
I think not! It's possible that with a different govt things might have been 10% or 20% better or worse, but it would have happened one way or the other.
Look at HSBC, took fewer risks and operated a far more cautious position.
They aren't exposed at all, if they are, it's very manageable.
Wish I could take credit for this but...
The Daily Mash said:
And with the prime minister re-energised by the fears of millions of Britons, some political observers are claiming the crisis could be Mr Brown's 'Winston Churchill moment'.
Bill McKay, professor of politics at Reading University, said: "Yes, it would be a 'Winston Churchill moment' if Churchill had spent 10 years giving hand relief to Hitler and Goering before telling them exactly where, when and how to invade Britain."
Bill McKay, professor of politics at Reading University, said: "Yes, it would be a 'Winston Churchill moment' if Churchill had spent 10 years giving hand relief to Hitler and Goering before telling them exactly where, when and how to invade Britain."
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