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Gordon Brown
- Thread starter Napper
- Start date
Barrel of Fun
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Brown sold off 300 tonnes at just $275 an ounce - close to a 20-year low.
Current price of Gold? $540.
Nice work Brown.
:thud:
Current price of Gold? $540.
Nice work Brown.
:thud:
Man of Harveys
Well-known member
Dougal said:
Couldn't agree more. No more boom and bust, stability all the way.
Uncle Spielberg
Well-known member
Is this a joke 
jonny.rainbow
Well-known member
- Oct 29, 2005
- 6,844
Considering the strength of the economy he inherited from 18 years of Tory rule he's done a good job.
Still not convinced he'll be Blair's successor though.
Still not convinced he'll be Blair's successor though.
Barrel of Fun
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Re: Re: Gordon Brown
The foundations of the stability were laid by Major in his last term. Dropping out of the ERM did us the world of good.
What price have we paid for the stability? Debt.
Man of Harveys said:
The foundations of the stability were laid by Major in his last term. Dropping out of the ERM did us the world of good.
What price have we paid for the stability? Debt.
The Large One
Who's Next?
Nope.Uncle Spielberg said:Is this a joke
No recessions under Labour, steering us away from them when USA and Europe were in recession five years ago. Direct taxation (formerly a cornerstone of Thatcherite policy) is lower.
Advent of the minimum wage, removed the dogma of the politicisation of interest rate setting.
The Large One
Who's Next?
Most of those 18 years were financially very unstable.jonny.rainbow said:
18% interest rates, 25% inflation, 4 million unemployed, little inward investment.
Uncle Spielberg
Well-known member
Anyone who know anything about economics will know that Labour inherited the strongest up and coming economy since the 2nd world war and the best overall world economy for 100 years.
He didn;t f*** it up but any Con or LD chancellor would have done at least as well.
He just fleeces the hard working " middle " classes and gives handouts to spongers and leaves the mega rich to count their piles of cash.
It is a fact that anyone on less than £ 24000 pa would be better off not working on Labour's state handouts.
He didn;t f*** it up but any Con or LD chancellor would have done at least as well.
He just fleeces the hard working " middle " classes and gives handouts to spongers and leaves the mega rich to count their piles of cash.
It is a fact that anyone on less than £ 24000 pa would be better off not working on Labour's state handouts.
Barrel of Fun
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Sold gold of at dirt cheap prices - as stated before and robbed pensions.
We have seen massive increases in taxation in all aspects and the economy did not magically 'repair' itself when Labour moved in. All the groundwork was done by Major et al, and for that we should be grateful.
We have seen massive increases in taxation in all aspects and the economy did not magically 'repair' itself when Labour moved in. All the groundwork was done by Major et al, and for that we should be grateful.
chip
Well-known member
Uncle Spielberg said:
Couldn't disagree with you there
However, Gordon Brown does at least seem to be honest and virtuous when compared to Blair. Although you would have to be a chimp to believe that they really will "invest" 34 billion in education. Why is he so desperate to be PM though? That's what worries me about him.
D
Deleted member 2719
Guest
Uncle Spielberg said:
Spot on US i hate spongers.
Probably why so many people hate living in this country and have moved away.
Uncle Spielberg
Well-known member
Brown has taken countless billions by stopping tax breaks on pension dividends taking something like 15% of you lifetime pension away from you.
Brown has taken billions by upping stamp duty from 1%- 3/4% which means anyone buying a modest family house in the area for £ 300000 pays £ 9000 stamp duty instead of £ 3000.
They have increased 64 taxes at the last count.
If you are a sponger/malingeror,state benefit chaser,single mother - vote labour
If you are average/low wages - vote labour
If you are on average/slightly above average wages - whatever you do don;t vote labour
If you are rich/mega rich - vote labour
Brown has taken billions by upping stamp duty from 1%- 3/4% which means anyone buying a modest family house in the area for £ 300000 pays £ 9000 stamp duty instead of £ 3000.
They have increased 64 taxes at the last count.
If you are a sponger/malingeror,state benefit chaser,single mother - vote labour
If you are average/low wages - vote labour
If you are on average/slightly above average wages - whatever you do don;t vote labour
If you are rich/mega rich - vote labour
Barrel of Fun
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Re: Re: Re: Re: Gordon Brown
That is very true. But it was evaluated as being the best solution at the time. The ERM was designed to pave way to the single currency. Thankfully we 'withdrew'
Was it not Tony B et al, that wanted to join the Euro before a heavy defeat?
Grendel said:
That is very true. But it was evaluated as being the best solution at the time. The ERM was designed to pave way to the single currency. Thankfully we 'withdrew'
Was it not Tony B et al, that wanted to join the Euro before a heavy defeat?
Lokki 7
WSU
BarrelofFun said:Brown sold off 300 tonnes at just $275 an ounce - close to a 20-year low.
Current price of Gold? $540.
Nice work Brown.
Along with just about every other western government. Most gold traders at the time thought the yellow stuff was over-priced and going to junk, so as far as I'm concerned he listened to the markets and made a bold decision, we no longer need gold to underpin our currency so lets at least cash it in and realise the asset. The government is not there to speculate on metals, if it had gone to $100 would you still be critical of him?
jonny.rainbow
Well-known member
- Oct 29, 2005
- 6,844
The Large One said:
When I said strength, I meant that it wasn't strong.
Sorry, didn't make myself clear enough.
readingstockport
New member
BarrelofFun said:Brown sold off 300 tonnes at just $275 an ounce - close to a 20-year low.
Current price of Gold? $540.
Nice work Brown.
Whereas the tories sold off water, gas, petrol, british rail (for which the subsidy is now something like 4 times higher than when state owned for a service which is appaling) and lots, lots more for pennies so that major city institutions and bankers could steal billions from me and you.
f***ing brilliant work, tory wankers.
