He's a busted flush. If he's not gone before the year is out, then the United Kingdom will be broke. What a carry on! What a disaster.Peter Oborne in the Daily Mail sums up Brown's lack of grasp on the credit crunch.
From his article today -
"Staggeringly, Treasury officials do not appear to have inspected the banks' loan book before committing these astronomic sums of public money.
As a result, almost all the money invested in October has now almost entirely been lost because the value of the banks has reached rock bottom and meant that this
week fresh public money had to be made available which is also being poured down the drain.
Second, by forcing through its merger with the crippled HBOS, Gordon Brown has ruined Lloyds Bank which had, for more than a century, been one of Britain's proudest financial institutions.
Following this wholly unnecessary merger - orchestrated with the complicity of Lloyds chairman Sir Victor Blank - the bank has sacrificed its independence.
The third error is the most grotesque. Gordon Brown has lost all control of the national finances."
Surely someone can suggest to him he goes, and goes soon!
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