Brown's very very close economic advisor resigns..

[ricklinc]

I'm not paying a great deal of attention to people who pop up and announce that they saw it coming all along unless there is firm evidence that they said so some time before last week. Brown said that he saw it coming and what a stupid lie that was.

I like the idea of resignations though. Still not quite the right people doing it so far.

[omnipleasant]

Who is blaming the Tories, Steve?

I'm mostly blaming bankers around the world, and also governments around the world, and also the Labour government for adhering too much to small-state Tory dogma.

[omnipleasant]

In fact, it's bloody hilarious hearing Cameron and his press trying to have a go at Brown for not regulating enough. Oh. Oh. Oh the irony.

[mids]

It's not just about not regulating enough though is it? The sheer volume of regulation doesn't matter except to the massive-staters. It's about regulating effectively. Tiny, miniscule state; effective regulation.

[feral]

Feb 11, 2009 13:21:27 GMT @omnipleasant said:

Who is blaming the Tories, Steve?

I'm mostly blaming bankers around the world, and also governments around the world, and also the Labour government for adhering too much to small-state Tory dogma.

I think you should blame us actually and not any of the above .Especially those of us who thought ( and probably still do ) that governments are there to serve the people that voted them in .

[ricklinc]

Instead of doing the minimum to keep the masses quiet while politicians and their buddies get on with the milking.

[omnipleasant]

Yes Mids. I'm sure Cameron would have got rid of all regulation apart from the bits that could stop a global financial crises. He wouldn't have been dazzled by his City chums into having a "bonfire of regulation". Not at all.

[mids]

#26 is spot on

[ricklinc]

If 26 had happened then Omnipresent and his furiously righteous little band of closet socialists would have pizzed an ocean in delight. They would have been calling for the end of so-and-so, demanding the rights of such-and-such and hoisting the red flag over a public lavatory in the hope of attracting George Micheal.

But it was a labour government under a labour prime minister who is now straining the special relationship by pointing vaguely west and blaming America. Get rid of the incompetent fool.

[omnipleasant]

How do you regulate to insulate the country from a global financial crisis without pretty much restructuring the way the City works?

I.e. having a LOT of regulation.

[Woolf]

Rick, it is not worth the effort.
How is the dog training going, I seem to remember you were using Maltesers while awaiting the arrival of Omni's nuts

[ricklinc]

Or by possibly not wasting all the money from over a decade of increased taxation and having enough surplus to help us through this because what has been spent will have been spent on useful stuff like a transport infrastructure, an energy policy that makes a bit of sense, encouraging a responsible society instead of forcing a selfish spot-the-victim attitude, etc.

Blair/Brown fcuked it, mate. Big arse.

[omnipleasant]

"having enough surplus to help us through this"

Which - errrr - is exactly what happened.

[ricklinc]

Bit of a problem encountered in feeding tiny bits of Omni to the dog. Her mistress isn't keen on the pooch doing too much junk food. You'd think that Socialist Round Ones would be a bit of a rare gourmet item but apparently they're worse than prawn balls for doggy digestion.

[ricklinc]

Feb 11, 2009 14:13:13 GMT @omnipleasant said:

"having enough surplus to help us through this"

Which - errrr - is exactly what happened.

Oh, you deluded socialist piece of pale pig poo. Having a bit left on the country credit card is not having a surplus, you fcukwit. It's getting deeper in debt. How can you have been alive and conscious over the last six months and still be confused over that?

[oldmanofthesea]

It appears that we with our pensions and savings are all in the hands of a bunch of avaricious, talentless and incompetent tossers. Is there any hope left?

[Woolf]

avaricious, talentless and incompetent tossers

Is that the banks or the government?

[moggyonspeed]

"It appears that we with our pensions and savings are all in the hands of a bunch of avaricious, talentless and incompetent tossers."

Yep. And the bankers are just as bad.

[omnipleasant]

UK government debt 1997 - 43%
UK government debt 2008 - 39%

In what way is this not reducing the level of government debt?

[policecar]

UK Government Debt 2009 ad finitum - 197%