Brown lost £2 billion selling UK's gold

[wendigo100]

Why is this news now?

I have been ranting about it for ages yet the press wait until now to start pointing out the obvious.

The man's incompetent but I suspect a game afoot.

Many people have been ranting about it, but not the mainstream press.

[Euro-commuter]

Of course, 80% of the population don't consider or even realise any of this. And if it happens a week after the Tories win an election, it will be seen as their fault!

Are you sure that both these things can be true?

[wendigo100]

Are you sure that both these things can be true?

Yes.

Before it goes tits up people are oblivious to the danger.

After it goes tits up people look for someone to blame.

[Hart-floot]

Why is this news now?

I have been ranting about it for ages yet the press wait until now to start pointing out the obvious.

The man's incompetent but I suspect a game afoot.

Cos there are local & Scots/welsh elections coming up and Brown is certain to be the next prime minister So the stories suddenly crop up in the press, even the Murdoch poodle ones who are still pro Nu Labour! I note today that one of the Murdoch arse-licks (irwin stelzer) is slagging off Cameron again (this time in the Torygraph)

Of course 2billion is nothing compared to the money lost on IT projects & PFI scams! General public dont seem to care about those... yet!

[zathras]

It's a wonder how the economy has managed to stay strong with all Brown's misadventures!!

Not really. His mates that he got onto the BoE MPC manufactured a housing boom after 2001 to avoid the country entering a recession. Eddie (Now Lord) George has admitted as much.

Combine that with the obsfucation, misdirection and outright lies that characterise New Laboour announcements and there you are.

Of course someone has to pay for this at some time

(PS The interest rate rises to cool down that boom is the start)

[BrilloPad]

Not really. His mates that he got onto the BoE MPC manufactured a housing boom after 2001 to avoid the country entering a recession. Eddie (Now Lord) George has admitted as much.

Combine that with the obsfucation, misdirection and outright lies that characterise New Laboour announcements and there you are.

Of course someone has to pay for this at some time

(PS The interest rate rises to cool down that boom is the start)

To be fair to Brown and the MPC, the MPC only set interest rates. And they keep it between 1% and 3%. Which they have done.

They have stated they would have liked higher interest rates to curb the house boom. But they can only consider inflation.

[cykophysh39]

Should we get a Petition going on Downing street petitions asking for his Resignation? It seems to be a trend these days whenever a Politician is caught for incompetence he is forced to resign, but then Unfortunately comes back again in a different guise I.e Mandelson!!

Surely Brown must be responsible for about £78 Billion, written off while he has been in charge? Surely this is a sign of gross incomepetence, surely we can't have this Buffoon as a prime minister?

[BoredBloke]

"Surely Brown must be responsible for about £78 Billion, written off while he has been in charge? Surely this is a sign of gross incomepetence, surely we can't have this Buffoon as a prime minister?"

You have to be joking. I heard that he was the best ever chancellor, that he has delivered the longest period of growth and that he is personally responsible for our houses being worth so much and that even his sh1t smells of roses. Unless the Daily Mirror is wrong that is!

[hyperD]

To be fair to Brown and the MPC, the MPC only set interest rates. And they keep it between 1% and 3%. Which they have done.

They have stated they would have liked higher interest rates to curb the house boom. But they can only consider inflation.

The MPC set the interest rates based on the government's "official" figure for inflation. And with the changes this current administraion have made to the "basket", one could deduce that it was indirect manipulation of interest rates.

Oh, and just when you thought Gordon was going to be found out with his PFI con trick by the FRAB, he decided to move government accounting over to international rules where older figures (breaching the 40% rule) do not have to be put on the new footing if deemed "impractical".

As Clarkson said on HIGNFY, "he's a c**t".

[milanbenes]

feck's sake lads, you're a right bunch of moaners

talk about looking the gift horse in the mouth and not
knowing when you are onto a good thing

look at what everybody here makes, look how well everyone is doing

if it wasn't for Gordonomics I wonder if you'd all be in such a good situation ?

to conclude, know what you are onto a good thing

and try to see the bigger picture

Milan.