It really is worrying that housing is such an emotive and politisized issue.
The fact that all
madBrownsmad rhetoric indicates that he will give away the rags that are left in his public coffers to buy bad debt from banks is really worrying. In my mind, its the equivilent of a African country being given aid and then having to cripple the country to pay it back.Brown knows that if banks carry on on their present tack, BBC prime time is going to be full of families sitting on boxes outside foreclosed homes with crying kids all blaming the government for their woes.
As much as I hate Brown, its really not his fault. Their are a lot of other things that he has scr3wed up but the housing crash is not one of them. He does seem to be setting a worrying precedent of forgiving financial mismanagement though and selling the country to the banks is no exception.
In essence thats his biggest problem. He is a control freak and overly responsible and its translates into a patronising stance that the government is responsible for the financial decisions the citizens and corporations on their watch take.
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