Gordon Brown re-emerges.
In the evening, Wimbledon finals day Centre Court addict, Mervyn King, sometime supposed Governor of the Bank of England (by dint these days of chairing the MPC), proudly gave a speech where he announced that there had been no growth in real incomes in Britain since 2005 (roughly the term of his tenure), inflation was bound to continue to rise and we were all in for excruciatingly awful times not seen since the nineteen-twenties. At last he has grasped reality then!
Unhappily for Brown and Balls, just two of the conspirators responsible for this disaster, King's speech confirmed that not only did these two cretins create the biggest bust to be seen in history (still only in its opening phases but almost four years on) the supposed boom that preceded it expired in 2005 when the effects of Brown's having originally shadowed the former Conservative Governments economic policies ceased to exist.
As I stated here, jailing those responsible will eventually be a necessary move towards making the more extreme austerity measures now necessary, more acceptable to the public (especially if the Today programme continues to direct almost its entire morning output towards agitating for public dissent and protest, as was the case this morning). Among other names, after Brown and Balls, of those against whom prosecutions should now be being prepared IMO are Alistair Darling, Tony Blair, Yvette Cooper and Liam Byrne.
Labels: Jail Brown