Re: banks/money/etc

On 30 Sep, 16:04, Ar <A...@xxxxxxxxx> wrote:
On Tue, 30 Sep 2008 12:17:26 +0100, Sir Krustov wrote:
Where and when did the trouble start ? .

In 1997 when Gordon Brown decided to strip the Bank of England of it's
supervising of banks powers, and give them to a toothless, lazy, blind,
can't organise a piss-up in brewery regulator called the FSA.

The same kind of ***-up that continues today with the idiotic merger of
HM Customs and the taxman. Oh, Gordon Brown thought that one out as well.

Whatever Gordon touches he fucks-up.

Brown was more than happy to see the city taking risks whilst the tax
revenues were coming in.

Plus his economist hero is Greenspan towards whom many in the US are
currently pointing the finger of blame for his endless flow of cheap
credit as in the UK.

Brown even removed house prices from the inflation calculation the BoE
uses to set interest rates.


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