The Mudcat Café TM
Thread #134265 Message #3053871
Posted By: Don(Wyziwyg)T
15-Dec-10 - 06:47 AM
Thread Name: BS: Tory liars attack youth education
Subject: RE: BS: Tory liars attack youth education
""For it is clear that the Tories would never have allowed the banks so much freedom, believing as they do in properly regulating the markets and that trade need to be inhibited lest it be carried out irresponsibly.
So in conclusion, the British Mess is entirely Gordon Browns fault, and now that the tories are in power the Banks and free enterprise wil be forced to scale down their risk.
I think I've got it now.""
With respect Lox, I'm not sure you have got it.
1. Brown sold off or squandered a quantity of assets which would have reduced the effect of the crisis in this country to a fairly minor and manageable level.
2. The Tories did not deregulate the banks to anything like the extent that Gordon Brown did. He removed the last safeguards.
3. His raid upon all our pensions was not the fault of US bankers, or Tory politicians.