Twittering
What I twittered today…
- 17:13 Fresh Yoghurt: Twittering tinyurl.com/bq6p3l #
- 10:10 Fresh Yoghurt: At least we didn’t cut his head off with a machete tinyurl.com/dj7xyk #
- 11:39 Off to London for a The Sharpener reunion. It’s morphed nicely from a blog into a genteel drinking club. #
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Posted on February 22nd, 2009 at 5:03pm under Uncategorized
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Gordon Brown Is Bonkers! Case in point – the CIF article he wrote for todays Observer (which, in tone and pacing is almost identical to the satirical pieces in Private Eye) wherein he honks on about the brave new future of British banking with stirring, resolute yet non-grim language. Really, it has now got to the stage where El Gordo’s every pronouncment sounds like self-parody, appalling when you consider that it took Blair several years to get to that stage.
Anyway, the 1st paragraph was a suitably plonking piece of boosterism;
“Tough times like these test our character and values as a nation. So even in a recession, we have to act now, both to protect people from the downturn and to prepare and equip ourselves for every future challenge.”
Which of course doesn’t mean playing the blame game, in other words holding him accountable. The best bit of all was near the end, if you had the resolve to get that far:
“We do not envisage, as some have advocated, a rigid divide in future between “narrow banking” – retail and corporate deposit taking – and investment banking and trading conducted at an international level. But while no one is advocating a retreat to single-purpose, nationally focused banks, we do want to see the reinvention of the traditional savings and mortgage bank in Britain, for loans to be made on prudent and careful terms, not just to people with large deposits, but to first-time buyers and those on middle and modest incomes who wish to buy their home but who have not been able to save a huge deposit.”
Hah, you don’t say! Honestly, Gordie, you must think that our heads collectively zip up the back! We have learned that one of the main drivers for greed which got us in this cloacal depression was the fact that it became possible for investment and commercial banks to merge, you donkey! Just about every worthwhile commentator has said that these functions need to be separated in order for ordinary high street banks to function in a, dare I say, prudent fashion again.
So basically when you say, at the end, that “We want to ensure that the new banking system that emerges over the coming years meets all these requirements – and becomes the servant of our economy and society, never its master”, you`re actually lying. And I am so sick of being lied to, for the last 30 years by Tory and Nu Labour. So you can just sod off, as far as I`m concerned.