Taxi Driver Online :: View topic - The longest recession in history?

Taxi Driver Online http://taxi-driver.co.uk/phpBB2/

The longest recession in history? http://taxi-driver.co.uk/phpBB2/viewtopic.php?f=2&t=10059	Page 1 of 1

Author:	jasbar [ Tue Nov 25, 2008 12:59 am ]
Post subject:	The longest recession in history?
Thanks to Alistair Darling for reading the text of Gordon Brown's policy in Parliament today. What we now have is the certainty of the country's longest ever recession. John Maynard Keynes advocated spending our way out of recession. Gordon Brown has just assured that any money regained from government in the short term will be used to reduce debts rather than spending to boost the economy. Having spent 10 years telling us of his "prudence" all of that has now been jettisoned. And we're supposed to believe the new order of spending, just as we were expected to believe in the old order of prudence. Brown is a liar and clearly incompetent. The government is responsible for this crisis not the global economy. It was the government that allowed the increase of personal debt to £1.6 trillion. It was the government that did nothing to regulated the financial services industry. It was the government who allowed the B of E MPC to continually hike interest rates to the maximum our economy could bear, in the interest of the wealthy class, despite all common sense which suggested for the last 12 months that they should be reduced to boost an ailing economy? It was the government who did nothing to control the ludicrous credit interest rates that has reduced millions to debt servitude. It's the government that did nothing to quell the over heated housing market. It was the government who glories in the high exchange rate of the pound, rather than recognise the dangers of over heating in the economy and the false rate of exchange? This is not a global recession that is affecting us? It is a credit crunch of the government's own making. They have been incompetent. This recession was going to happen anyway, because of Brown's policies. And it's not every bank affected. HSBC is largely untouched by this crisis. Because, unlike the incompetent British banks following the fast buck, the maintained a level of responsible lending. No government hand out loans needed by them. We have all been stiffed by bad banking practice. Allowed by this Labour government. The banks got it wrong. They have been stiffing us for years. They screwed up. Yet, it's now us who have to bale them out. No doubt, just so they can stiff us again. Isn't it just as well we are not in the Plaza watching Franco's Nationalist victors taking their retribution?

Author:	cabby john [ Tue Nov 25, 2008 8:33 pm ]
Post subject:
Aye if ever "William Wallace" was needed - it is now! because the pillaging ( of company monies ) and taxation is still dominating this country hundreds of years down the line. Where has all the money gone that came in via the additional 90 taxes that Labour brought in - I will give it to "Bliar" he knew when to go.

Author:	Skull [ Tue Nov 25, 2008 11:52 pm ]
Post subject:
cabby john wrote: Aye if ever "William Wallace" was needed - it is now! because the pillaging ( of company monies ) and taxation is still dominating this country hundreds of years down the line. Where has all the money gone that came in via the additional 90 taxes that Labour brought in - I will give it to "Bliar" he knew when to go. Maybe we need a War http://www.bbc.co.uk/iplayer/episode/b0 ... Time_Bomb/ I get the feeling someone will have to suffer . . . .

Author:	jasbar [ Tue Nov 25, 2008 11:53 pm ]
Post subject:
cabby john wrote: Aye if ever "William Wallace" was needed - it is now! because the pillaging ( of company monies ) and taxation is still dominating this country hundreds of years down the line. Where has all the money gone that came in via the additional 90 taxes that Labour brought in - I will give it to "Bliar" he knew when to go. Thing is, when you are unpopular, and you become xenophobic, and you're continually watching your back, because you trust no one, isn't your natural instinct to spend you cash protecting tyour butt? £18 billion on a national identity card and database system? The British government is bricking itself. Because it trusts no one. And no one trusts it. Perhaps the mindless morons at GCHQ might just pick up on the fact that this government is not worth defending, rediscover their natural working class ideals, and tell their masters to go suck. The prognosis for our economy is melt down. Should that happen, then some real evil types may just come out of the sewers. BTW You won't need a cinema ticket or NEED anY green goggles to enjoy this feature. This movie is coming to a street near yours - in fact it will be yours. Bliar will go down in history as the fop who lead us into meltdown. A curse on him and his house (as they used to say of course )

Author:	gusmac [ Wed Nov 26, 2008 1:05 am ]
Post subject:
Skull wrote: http://www.bbc.co.uk/iplayer/episode/b0 ... Time_Bomb/ Interesting $9 trillion. I wonder what would happen if they decided one day not to pay it ?

Author:	Skull [ Wed Nov 26, 2008 1:20 am ]
Post subject:
gusmac wrote: Skull wrote: http://www.bbc.co.uk/iplayer/episode/b0 ... Time_Bomb/ Interesting $9 trillion. I wonder what would happen if they decided one day not to pay it ? Now there's a funny thing I don't believe anything these days, but I try to look at the bigger picture. A wee problem. I can't see anything on the horizon other than chaos. We are in deep shi* . . . btw, I hope I'm wrong . . . .

Author:	cabby john [ Wed Nov 26, 2008 3:46 am ]
Post subject:
Skull wrote: gusmac wrote: Skull wrote: http://www.bbc.co.uk/iplayer/episode/b0 ... Time_Bomb/ Interesting $9 trillion. I wonder what would happen if they decided one day not to pay it ? Now there's a funny thing I don't believe anything these days, but I try to look at the bigger picture. A wee problem. I can't see anything on the horizon other than chaos. We are in deep shi* . . . btw, I hope I'm wrong . . . . I always felt that the Americans got more for their dollar than we did for our pound - now we can see what happens when you do. However if you watch most of the clip it was the wars that they got involved in that did a lot of damage in terms of the debt graph peaking, and yet they claim that it is only 3% of the GDP re Iraq/Afgan There again who ever tells the truth if you are a politician.

Author:	chipper [ Wed Nov 26, 2008 11:20 am ]
Post subject:

Author:	jasbar [ Wed Nov 26, 2008 11:28 am ]
Post subject:
Go straight to depression. Do not pass go. Do not collect £200 ..... We're all doooommmmeeeedddd, aaaarrrrgggghhhhh .........!!!!!!

Page 1 of 1	All times are UTC [ DST ]
Powered by phpBB® Forum Software © phpBB Group http://www.phpbb.com/