Tuesday, March 3, 2009

"Je ne regrette rien", Gordon Brown tells Americans!

Gordon Brown is going against the advice of fellow ministers. He regrets nothing, except maybe the 10p tax fiasco. But that was only a slight problem. Brown blames the bankers for the mess we're all in. The same bankers he cosied up to all these years. He seems to have been in their company with cloth ears. See no evil, that sort of thing.

Whilst he goes around like some kind of amateur pied piper looking for followers, others are beginning to give him grief. One such is John Kingman, the chief executive of UKFI, which manages the taxpayer interest in the part-nationalised banks. He hinted that he believed the tripartite system of regulation had not been a great success. Kingman got a verbal bashing from John McFall, the treasury select committe chairman. I think McFall is beginning to set these polecats against each other with significant flair. The truth is being weedled out of them.

And whilst Brown is swanning around chatting to anyone who will listen to him, it is said that Fred Goodwin's pension has gone up by another ten grand! It's a whole new meaning to the concept of inflation, isn't it.

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