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Gordon Brown is ruining UK economy (GORD)     

hlyeo98 - 16 Apr 2008 19:41

Brown's spend, spend, spend during his Chancellor's days has brought us into the current economy we are facing today. His appeal at a Downing Street meeting for the lenders to pass on cuts appeared to fall on deaf ears with HBOS, which owns the Halifax, increasing its rate on some mortgages from 6.09 to 6.59 per cent. Borrowers taking out this type of deal will now pay 46 more a month. On a two-year tracker, the rate will increase from 1.49 points above base rate to 1.99 points, giving a current rate of 6.99 per cent.

Other lenders are expected to follow Halifaxs lead.

If the Government wants the banks to lower mortgage rates to home owners - why not just offer them through Northern Rock? Everyone would rush to the Rock to get the loans forcing banks to match the rates or lose the business? Or maybe the government would then run into bigger credit crunch?


hewittalan6 - 11 May 2008 10:54 - 110 of 518

Agree Brown has creditability and popularity problems and is dragging on Labour, but who could possibly want to replace him. Prime Minister is not a good job at the moment, and whoever took it, from whichever party, could have all the confidence of a fat lad in a leotard.
Nobody could possibly do anything about the issues that currently concern the majority of the populace. Credit crisis, Oil prices and energy prices. All are a global phenomonon and the policies of a small island nation have little conceivable effect.
Yes but what about tax and immigration and all the beaurocracy and nannying that goes on? Its gone on for decades and has never seen a government off yet!!
Applying for the job at the moment is tantamount to tendering your resignation. If you win, you will still get hammered at the next election. If you lose, you will be remembered as a failure who split the party.
You simply cannot solve a global economic crisis from downing street and so will be tossed by the ill winds of capitalism gone wrong until 2009 sees the USA return to confidence and the rest of the world limps out of the current crisis. Even then, we are still 2 years, minimum, away from a return to easier credit and people feeling the benefit of better economic conditions. By then it will be too late and the next incumbant of number 10 will reap reward for just sitting on his hands and letting it happen.
In a lot of ways, I feel sorry for Brown who found himself judged by most on things he cannot control. A bit like a football manager really.

Guscavalier - 11 May 2008 11:51 - 111 of 518

Agree, that you cannot control food and energy prices etc but, it is Brown that has made the overall position worse and is having to cut back programmes on public expenditure simply because he cannot keep putting up taxes and his overall tax take is under threat. His wasteful expenditure in the past is a severe handicap to the economy. He should be in a position to reduce petrol tax amounst others, not be looking at other ways to raise more and slow the economy further. Agree, whoever takes over has a difficult job on his hands, whoever or what party but, the country cannot continue to tolerate and trust Brown to get us out of this mess. We all have an interest in UK plc and it is up to its investors to try and find a better management. If we were talking about a Company here, we all know they would have been told to go. Quite honestly,all this talk about who would replace him is a bit overdone, considering his record. Just pick someone mediocre if you like who is not a control freak, listerns to others views and is prepared not to bite off more than he can chew. OK the conservatives may form the government in two years time but, it would be better not to have to wait until then with Brown & co in charge. I believe if his replacement lays the country's difficult situation on the line and does even a half decent job in the interim, labour will have a chance of at least limiting the damage. Ok, I would prefer to see a Conservative government but, not one with a massive majority. Perhaps 30-50 seats would be ideal since it would keep them on their metal and not allow complacency to set in. Sometimes the right man can step into a job when it is least expected and I think Labour should give it a try. They have nothing to lose and may do comparatively well out of it.

moneyplus - 11 May 2008 12:21 - 112 of 518

Global problems yes but all Gordon's decisions are like chickens coming home to roost. Raided the pension schemes now strikes when companies can't pay the price, selling our gold at the bottom, damaging the Aim market, driving our large companies to take refuge abroad, pushing out our high spenders who are keeping the retail sector afloat, sending rivers of money into schools hospitals where it is not properly controlled and washes away, I could go on and on! Meanwhile with all the local unemployment and benefits paid out--down in this area fruit and veg are rotting in the fields because nobody will take the jobs now immigrants are going back home! rant over it's a lovely day down here.

hewittalan6 - 11 May 2008 13:53 - 113 of 518

'S a lovely day up here too.
No great support for GB from me, even if it came across as such, but I can't think of a single person in any party who is up to the job or could be trusted with any power at all.
Funny thing is, 15 years ago the slide to obscurity for the tories started with accusations of giving money to the fat cats. Today we lambast GB for taking it away. Enoch Powell was ostracised for his warnings on immigration. Now GB could pay heavily for not heeding them. Every PM since Pitt the Younger (nearly) has been taken to task for not applying sufficient funding to health and education, yet this one gets it in the neck for giving too much, and it being wasted by a system created by the other party. He got rid of the fuel duty accelerator introduced by the tories and has deferred rises on petrol many times, and then suffers when he applies other taxes to make up the shortfall.
My point is that we all demand free beer today, and the most any PM can offer is free beer tomorrow. Tomorrow of course never comes and the PM has a limited life expectancy. GB perfect? No. Good? Not really. Just run of the mill.
I agree, Gus, that a little honesty may be a good thing, but the ignorant populace would never elect anyone whose hoardings speeches said that they had 2 years of austerity, no solution to immigration or terror problems,a health service and education system that will always fall short of what we need no matter how much money we throw at them and the best they could offer was opportunity for those who can, to make enough money to provide for their own. Everyone else would have to make do and mend. But if we are honest, thats the truth of it.
Remember, even Churchill lost when he said all that, and he was our greatest leader on the back of a jubilant world war triumph!!

maddoctor - 11 May 2008 14:43 - 114 of 518

see Prescott is good at Fairy Tales.

the only thing he advised on was the colour of the toilet paper.

moneyplus - 11 May 2008 16:22 - 115 of 518

I agree Alan sadly. I think any politician who said no free terminations on the NHS after 2 [ some regulars are having 4/5 at my local hospital and treat it as easy birth control]-- limit child benefit to 2or 3 children---abolish road tax and price in pay as you drive on fuel---encourage use of buses by half price promotions at quiet times etc---raise the lower earnings level for income tax by a substantial amount to make it worth giving up benefits---and finally raise the level for house purchase tax to kick in to at least 250000. To pay for this I'd prune out the quango gravy train, slim down the multi masses in public sectors, and raise vat to 20%. I'll get my coat!!

hewittalan6 - 11 May 2008 17:51 - 116 of 518

For me, mp, the only real changes I would make are partly as outlined by you.
I would save the country several gazillion pounds by getting rid of the beurocracy and idealistic, elitist liberals who cost so much to sit polishing committee room chairs with their pompous arses, telling us to eat no more than 0.632 eggs per day or debating whether a lesbian branch of the BNP deserves support and nurture for being lesbian or derision for being BNP.
No-one other than a teacher has any place in education (though I would make the buggers work for a change) and no-one other than practising health professionals should have any say on the NHS. Surely I am not the only one to question the wisdom of entire departments costing millions to save thousands!!!
I would get rid of all advisory and regulatory bodies that are not essential for the well being of the population. The FSA would be gone, as would the ASA, the milk marketing board, the white fish commission and many more. Not only would this save the country the equivalent of an African nations debt, it would make business easier to conduct and both cheaper to the consumer and more profitable.
Of course there would be strikes and unrest, but the 80's saw Thatcher do all that to the industries that were dragging on us, so why not do it to the beurocrats.
That would be my first day in office. On my second day there would be free beer.

moneyplus - 11 May 2008 20:15 - 117 of 518

Lol--I love it!! I wish I had your quick wit and fluency.

hlyeo98 - 12 May 2008 07:32 - 118 of 518

Alan, you got my vote.

Fred1new - 12 May 2008 09:06 - 119 of 518

This looks like the Cameron's NEW Tory party's policies. Long live chaos. 8-)

Fred1new - 12 May 2008 09:06 - 120 of 518

This looks like the Cameron's NEW Tory party's policies. Long live chaos. 8-)

Guscavalier - 12 May 2008 09:24 - 121 of 518

Frank Field, a leading Labour backbencher has stated that he believes Brown will not lead the party into the next General Election. It was he, of course, that was sidelined after his views against Browns actions on pension funds. He commands much respect and this may be the begining of the end for Brown.

moneyplus - 12 May 2008 10:55 - 122 of 518

I do feel a trifle sorry for the man--bear baiting and death by a thousand knives comes to mind! on the other hand if you can't take the heat etc...

hlyeo98 - 12 May 2008 10:59 - 123 of 518

Labour is totally trash. And its leader is the same too

snappy - 12 May 2008 13:21 - 124 of 518

They've had it, they've shot their own feet off and they treat the general public like we are idiots.

Good riddance Brown in 2 years time, he won't be able to not call the election then because he thinks they will win it :-))

hewittalan6 - 12 May 2008 14:17 - 125 of 518

I am reminded of my old mate Denis Skinner (love him or hate him, he at least is true to his convictions) addressing Major in the twilight years of Tory rule.
"For Gods sake, GO. And take the rest of the ragtag and bobtail with you."

Guscavalier - 12 May 2008 15:24 - 126 of 518

I may be wrong but, I can not say that I have heard him say anything similar on this occasion. Perhaps he has lost his voice. On the other hand, I have heard Frank Field say plenty.

Fred1new - 12 May 2008 16:11 - 127 of 518

All Gordon needs to survive, is another war like the Falkland. Sit on a tank with handkerchief like Magpie, blow up a ship in international waters killing just "a few foreigners". If he does that all the Tories will be out in strength to vote him back in.

The problem is, which country, Syria, Iran. West Bank. The problem Brown will have is persuading himself that it is in the National interest to do so. At least Brown knows where those countries are. The Bush didn't, but "Mission was Accomplished". The right wing policies being suggested above, brought about the present chaos in the American economy.



I think Gordon will still be PM in 4 years time.

mitzy - 12 May 2008 16:37 - 128 of 518

That should be no problem withdraw the troops in Iraq and invade Iran after all its only next door and it will teach Iran an important lesson in democracy and give support to Brown in the next Election.

I'm in favor of a new war in Iran it makes perfect sense and Brown is the right man to lead us.

Guscavalier - 12 May 2008 16:44 - 129 of 518

You wish Fred1new. The cat is out of the bag for Brown. Its nothing to do with right wing this and left wing that, that has caused the mess, it has been sheer greed and incompetence and disrespect for anything that seems fair. Don't forget New Labour have been there 10 years. I can not see what help Iraq was to Blair if that is your argument. Its time to see old labour take back the party. At least you can have respect for them and can at least see what they stand for. New Labour would have done ultra right wing Tories proud with their cosying up to the Mega rich. Go on Frank Field give them hell.
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