Friday, October 24, 2008

Inquiry into Britain's Finances

Jeff Randall writing in the Daily Telegraph calls for a full inquiry into the state of Britain's finances. Were such to be held it would be amazing if charges of criminal negligence at the very least were not to follow. The article may be read in full from here, this being a brief quote concentrating on the Conservative's complete incompetence in diverting attention from the looming disaster:

What with the Bank of England forecasting a prolonged downturn, Mr Brown at last acknowledging recession, the imposition of a three-day week at Nissan’s factory in Sunderland and the pound suffering its sharpest fall since the aftermath of Black Wednesday in 1992, it takes a special kind fool to oust Mr Brown’s shortcomings from the headlines.

Worse still, Mr Osborne has allowed Labour the luxury of moving on from its own “dodgy donations” mess, which culminated in November last year with the Prime Minister admitting that £600,000 had been illegally accepted and promising that it would be handed back. In short, Mr Osborne has facilitated government efforts to bury bad news on an industrial scale.

And for what? Fifty grand. It’s so cheap. Meantime, in the real world, 2,500 JCB workers in Britain have accepted a fifty pound a week wage cut in a short time working package, Asian stock markets tumble again overnight, Greenspan admits to error and Renaults third quarter revenue falls 2.2 per cent.

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