Where's Our Daniel Hannan?
Posted: Wed Mar 25, 2009 12:18 pm
Britain's PM Brown told by Bank of England: No more stimulus spending...then gets redressed in Parliament as being, "...pathologically unable to accept responsibility...".
Mervyn King warns Gordon Brown to stop spending
The Times
March 25, 2009
http://www.timesonline.co.uk/tol/news/p ... 971296.ece
(this one's 3:28 long, D1B, Appa, Cap and dback...I know that's a long time to stay focused, so you may want to move on to Cap's "Gay Fish" thread...Soundbite version: Stimulus spending doesn't work and only bankrupts country and buries future generations with debt.)
[youtube][/youtube]
Didn't work in CA...
Isn't working in the UK...
Yet Obama wants to bury the U.S. with $10 trillion in debt to carry out his pony league, back porch schemes...
Mervyn King warns Gordon Brown to stop spending
The Times
March 25, 2009
http://www.timesonline.co.uk/tol/news/p ... 971296.ece
...and the fallout...from MEP Southeast England representative Daniel Hannahan...it's a beaut...The Governor of the Bank of England laid bare tensions between Gordon Brown and the Treasury yesterday by warning that Britain could not afford a second economic stimulus in the Budget.
Mervyn King threw caution to the wind as he sided with Alistair Darling and the CBI against Downing Street in raising strong doubts over any prospect of another round of “significant fiscal expansion” next month.
Mr King spoke as the Prime Minister, beginning an international tour to co-ordinate measures for next week’s G20 gathering in London, called on leaders to do “whatever it takes to create growth and the jobs we need”.
President Obama, Mr Brown’s main stimulus ally, writes in the same vein in The Times today, saying that America is ready to lead the world out of recession, while calling for swift and robust action to stimulate growth “until growth is restored”.
George Osborne, the Shadow Chancellor, said that Mr Brown was now “isolated at home and abroad”. He claimed that Mr King was vindicating the Conservatives’ stance and that Mr Brown’s plans for the G20 and the Budget were “in tatters”.
(this one's 3:28 long, D1B, Appa, Cap and dback...I know that's a long time to stay focused, so you may want to move on to Cap's "Gay Fish" thread...Soundbite version: Stimulus spending doesn't work and only bankrupts country and buries future generations with debt.)
[youtube][/youtube]
Didn't work in CA...
Isn't working in the UK...
Yet Obama wants to bury the U.S. with $10 trillion in debt to carry out his pony league, back porch schemes...

