Friday, 25 June 2010

Lies, Damned Lies and Politics

Have you noticed how ConDem apparatchiks keep repeating the mantra that Gordon Brown and Labour policy was responsible for causing the UK budget deficit? I suspect they think that if they repeat it enough times, then the UK public will come to believe it.

This is an extract from Wiki about the global financial melt-down:

The financial crisis of 2007 to the present is a crisis triggered by a liquidity crisis in the United States banking system and caused by the overvaluation of assets. It has resulted in the collapse of large financial institutions, the bailout of banks by national governments and downturns in stock markets around the world. In many areas, the housing market has also suffered, resulting in numerous evictions, foreclosures and prolonged vacancies. It is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It contributed to the failure of key businesses, declines in consumer wealth estimated in the trillions of U.S. dollars, substantial financial commitments incurred by governments, and a significant decline in economic activity. Many causes have been suggested, with varying weight assigned by experts. Both market-based and regulatory solutions have been implemented or are under consideration, while significant risks remain for the world economy over the 2010–2011 periods.


  1. Say anything often enough and *someone* will believe it; "fair tax system" for example... :)

  2. Oh yes, and you missed out the bit about the Public Sector being to blame for the bankers' excesses...

    Thank you for being a voice of reason, Sir!

  3. You ought to be a part of a contest for one of the best sites online.

    I will recommend this web site!
    Visit my web blog - quick cash Loan

  4. After checking out a number of the blog
    articles on your web site, I seriously like your technique of blogging.
    I added it to my bookmark site list and will be checking
    back soon. Take a look at my web site as well and let me know what you think.
    Feel free to surf my webpage

  5. An impressive share! I have just forwarded this onto a coworker who was conducting a little homework on this.
    And he actually ordered me dinner simply because I discovered it for him.

    .. lol. So let me reword this.... Thank YOU for the meal!
    ! But yeah, thanks for spending the time to discuss this subject here on your
    web page.
    my website > fast loans 1080

  6. bookmarked!!, I really like your site!
    Also visit my site ... Cash Loans

  7. I must thank you for the efforts you have put in writing this website.
    I am hoping to check out the same high-grade content by you
    in the future as well. In fact, your creative writing
    abilities has motivated me to get my very own site now ;
    Here is my website ... fast cash Loans