wednesday1 Posted December 31, 2011 Author Share Posted December 31, 2011 He did nothing of the sort. He did what he was told to do until he got carried away and started dating banks at cocktail parties. Yes I did sunshine, I even suggested the mechanism for protecting your money. And please, use my full moniker. Don't recall that at all I'm sure you wont have trouble in providing a quote or two, from the time, Anthony. Link to comment Share on other sites More sharing options...
I1L2T3 Posted December 31, 2011 Share Posted December 31, 2011 I remember telling several people the same thing and some of them are now constantly complaining that they are in negative equity and blame the current government. I know a few people that are in it up to their necks because of mortgages they took out 2005-7. Madness. They were flash in those days. Nice houses, nice cars. Now they watch every single penny. Link to comment Share on other sites More sharing options...
I1L2T3 Posted December 31, 2011 Share Posted December 31, 2011 This is probably my biggest issue with the Labour party, Gordon Brown, Balls and Ed Miliband, who were all in the Treasury at the time. Mine too. Such a massive failure. This is why the Miliband-Balls combination is so toxic Link to comment Share on other sites More sharing options...
green Posted December 31, 2011 Share Posted December 31, 2011 Mine too. Such a massive failure. This is why the Miliband-Balls combination is so toxic Labour are completely unelectable whilst these buffoons are in shadow cabinet, which is not good for the country, because we need the Labour party to be niggling the government and showing us alternatives. Instead we have 3 political parties which you couldnt get a piece of paper between. Link to comment Share on other sites More sharing options...
I1L2T3 Posted December 31, 2011 Share Posted December 31, 2011 Labour are completely unelectable whilst these buffoons are in shadow cabinet, which is not good for the country, because we need the Labour party to be niggling the government and showing us alternatives. Instead we have 3 political parties which you couldnt get a piece of paper between. Something people always seem to forget is how important the opposition is. They have a job to hold the government to account and examine everything it does. It's tough not to be in power but they are still in a highly responsible position. What happened 2005-8 is still potentially an achilles heel for the Tories who really did very little to oppose what was happening and in fact supported much of it. Only certain LibDems can really hold their heads up high. Link to comment Share on other sites More sharing options...
green Posted December 31, 2011 Share Posted December 31, 2011 Something people always seem to forget is how important the opposition is. They have a job to hold the government to account and examine everything it does. It's tough not to be in power but they are still in a highly responsible position. What happened 2005-8 is still potentially an achilles heel for the Tories who really did very little to oppose what was happening and in fact supported much of it. Only certain LibDems can really hold their heads up high. I completely agree here. Vince Cables book The Storm is an excellent account of business and banking during this period. I imagine him daily trying to winch the Tories from the Financiers. As much as i have no time for Balls, i struggle to believe Gideon is anyway better. Hopefully at the end of this parliament, Vince will tell some home truths on how the Treasury battles happened. Link to comment Share on other sites More sharing options...
green Posted December 31, 2011 Share Posted December 31, 2011 There wasn't time for debates, (in any case the right would only have accused him of dithering) he was praised for acting quickly to stave off a much greater financial dislocation. Do you reckon that JP Morgan paying Tony Blair $2million dollars per annum was any incentive? Just a thought..... Link to comment Share on other sites More sharing options...
harvey19 Posted December 31, 2011 Share Posted December 31, 2011 Do you reckon that JP Morgan paying Tony Blair $2million dollars per annum was any incentive? Just a thought..... It should be compulsory for anyone interested in politics to read Private Eye. Amazing what they find out. Link to comment Share on other sites More sharing options...
green Posted December 31, 2011 Share Posted December 31, 2011 It should be compulsory for anyone interested in politics to read Private Eye. Amazing what they find out. I have it delivered fortnightly... Anyone who pays tax should read it and weep. Link to comment Share on other sites More sharing options...
wednesday1 Posted January 1, 2012 Author Share Posted January 1, 2012 Don't recall that at all I'm sure you wont have trouble in providing a quote or two, from the time, Anthony. The silence is deafening. Link to comment Share on other sites More sharing options...
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