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greenchick
Post subject: Gordon Brown saves the world!  PostPosted: Oct 14, 2008 - 09:16 PM
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Gordon Brown went into the telephone a deeply unpopular Prime Minister and emerged.... Super Wonk!
Everyone seems to be falling over themselves to praise the British model and even Wall Street, normally so anti-nationalisation, has adapted his cunning plan.
What deeply fascinating times we do live in, to be sure!

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BWWOffline
Post subject:   PostPosted: Oct 14, 2008 - 09:25 PM
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Well done Gordon. But then again, he had to eventually get something right!

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britstarfan
Post subject:   PostPosted: Oct 14, 2008 - 10:07 PM
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Lets not get too excited,we are not out of the woods yet.The bank bail out could just be the tip of the Iceberg. There's every chance the Goverment ( i.e us the taxpayers) might have to pay out even more money to prop up the Economy.

Plus there's still the fact, that we might not see a penny back of the money given to the banks.
 
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greenchick
Post subject:   PostPosted: Oct 15, 2008 - 08:22 AM
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Ha ha!
http://www.guardian.co.uk/politics/cart ... wn-banking

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Harry_Mudd
Post subject:   PostPosted: Oct 15, 2008 - 08:25 AM
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Isn't it interesting that even after being up for hours, only the Brits have commented on this thread. Fascinating!

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britstarfan
Post subject:   PostPosted: Oct 15, 2008 - 11:54 AM
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greenchick wrote:
Ha ha!
http://www.guardian.co.uk/politics/cart ... wn-banking
Seeing that Brown suit,reminds me of a classic line from Austin Powers 2, when he's talking to fat B**tard, and asks him " did you just soil yourself".I think Brown probably has has big time... Laughing
 
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rdbOffline
Post subject:   PostPosted: Oct 15, 2008 - 06:47 PM
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This may sound ignorant- but who is Gordon Brown?
 
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britstarfan
Post subject:   PostPosted: Oct 15, 2008 - 07:02 PM
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rdb wrote:
This may sound ignorant- but who is Gordon Brown?


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James Gordon Brown (born 20 February 1951) is the current Prime Minister of the United Kingdom of Great Britain and Northern Ireland. He took office on 27th June 2007, three days after becoming leader of the Labour Party. Prior to this he served as the Chancellor of the Exchequer under Prime Minister Tony Blair from 1997 to 2007.
 
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Mirizor
Post subject:   PostPosted: Oct 15, 2008 - 07:09 PM
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britstarfan wrote:
rdb wrote:
This may sound ignorant- but who is Gordon Brown?


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James Gordon Brown (born 20 February 1951) is the current Prime Minister of the United Kingdom of Great Britain and Northern Ireland. He took office on 27th June 2007, three days after becoming leader of the Labour Party. Prior to this he served as the Chancellor of the Exchequer under Prime Minister Tony Blair from 1997 to 2007.


I do know who Gordon Brown is and I do read the online news thank you. Wink
 
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britstarfan
Post subject:   PostPosted: Oct 15, 2008 - 07:24 PM
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Mirizor wrote:
britstarfan wrote:
rdb wrote:
This may sound ignorant- but who is Gordon Brown?


Image

James Gordon Brown (born 20 February 1951) is the current Prime Minister of the United Kingdom of Great Britain and Northern Ireland. He took office on 27th June 2007, three days after becoming leader of the Labour Party. Prior to this he served as the Chancellor of the Exchequer under Prime Minister Tony Blair from 1997 to 2007.


I do know who Gordon Brown is and I do read the online news thank you. Wink
Perhaps rdb does not though Wink
 
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Johnny_TurboOffline
Post subject:   PostPosted: Oct 15, 2008 - 07:57 PM
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rdb wrote:
This may sound ignorant- but who is Gordon Brown?


In my mind, he's the Charles Shultz character from Peanuts who says things like, "Arrgh!" "Good Grief" and has a crush on the little red-haired girl.

One of my favorites is his remark about his dog. "Why can't I have a normal dog like all the other kids?".

Now, some may think this comparison is getting worn, or is not accurate. But who else with the last name of Brown is more beloved and familiar to the American public? I put him in good company and that's more than anyone else has done for a British Prime Minister, save Churchill.

You'll see Gordon Brown on T.V. soon. "It's The Great Pumpkin, Gordon Brown" Then , we'll see him on "Merry Christmas, Gordon Brown". But whatever you do, don't listen to Linus's speech on the spirit of Christmas because it's strewn with Christian values! [gasp in horror!!!]

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morgramOffline
Post subject:   PostPosted: Oct 15, 2008 - 08:25 PM
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Harry_Mudd wrote:
Isn't it interesting that even after being up for hours, only the Brits have commented on this thread. Fascinating!
He will be a fine sidekick for John McCain.
 
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greenchick
Post subject:   PostPosted: Oct 15, 2008 - 09:01 PM
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Thanks for your honesty Bob, I suspect you're not the only one. Hence why we stick to discussing American politics most of the time!

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britstarfan
Post subject:   PostPosted: Oct 15, 2008 - 09:20 PM
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BBC News, Washington

The vast majority of Americans were simply unaware of his existence.

Even President Bush called him "that fellow" at a press conference 18 months ago.Those who knew that one prime minister had been quietly replaced by another simply could not compute the departure of Blair - who remains immensely popular on the U.S side of the Pond - in the same way that America could not get its head around the defeat of Winston Churchill at the polls in 1945.

And the few who took a forensic interest in British politics would have been reading the same early obituaries of Mr Brown that had filled the newspapers at home.What a difference a week makes!

http://news.bbc.co.uk/1/hi/programmes/w ... 670771.stm
 
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morgramOffline
Post subject:   PostPosted: Oct 15, 2008 - 09:23 PM
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greenchick wrote:
Thanks for your honesty Bob, I suspect you're not the only one. Hence why we stick to discussing American politics most of the time!
Dam straight! I wanna see Gordon Brown right up there backing up McCain when we take action to neutralize the iranian nuclear threat but if the Israelis feel they wanna do the job then the US and UK have to give them all the moral support we can.
 
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britstarfan
Post subject:   PostPosted: Oct 15, 2008 - 09:30 PM
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As long as you promise to take John "puncher" prescott as well !!!


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morgramOffline
Post subject:   PostPosted: Oct 15, 2008 - 09:39 PM
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britstarfan wrote:
As long as you promise to take John "puncher" prescott as well !!!


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He assaulted a commoner. Out with him!
 
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greenchick
Post subject:   PostPosted: Oct 15, 2008 - 10:57 PM
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A) he's very much a commoner himself and B) I cheered him on...a genuine reaction in a world of hyper-managed spin!

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greenchick
Post subject:   PostPosted: Oct 15, 2008 - 11:01 PM
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britstarfan wrote:
BBC News, Washington

The vast majority of Americans were simply unaware of his existence.

Even President Bush called him "that fellow" at a press conference 18 months ago.Those who knew that one prime minister had been quietly replaced by another simply could not compute the departure of Blair - who remains immensely popular on the U.S side of the Pond - in the same way that America could not get its head around the defeat of Winston Churchill at the polls in 1945.

And the few who took a forensic interest in British politics would have been reading the same early obituaries of Mr Brown that had filled the newspapers at home.What a difference a week makes!

http://news.bbc.co.uk/1/hi/programmes/w ... 670771.stm




Shakes head in disbelief.

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Nostromo
Post subject:   PostPosted: Oct 15, 2008 - 11:55 PM
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Brown disappoints me. His government's preferred share purchase plan to backstop the banks shifts the problem to another generation, just like the U.S. option. I expected a more responsible and accountable response from the leaders of Britain. Canada's response is equally reckless. We're sleepwalking through a crisis that's going to leave our children and their children paying for our sins.

Shame ... shame ... shame on the politicians and regulators that have allowed lenders get away with the mother of all frauds. And shame on us for falling for cheap money and living beyond our means because we were told it's OK .. everybody's doing it.

N

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Last edited by Nostromo on Oct 16, 2008 - 12:24 AM; edited 1 time in total
 
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britstarfan
Post subject:   PostPosted: Oct 16, 2008 - 12:05 AM
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Brown and the Goverment have kept saying, we must rescue the British economy at "any cost".We have had 10 years of boom, and now has come the bust.As i have said before this could just be the tip of the iceburg compared to whats in store.When do we get to say, to our goverments stop using taxpayers money to bale out failing companies who get into a mess because they get greedy..?.They did not complain, when they were making huge profits, and paying out huge salaries to the corporate "fat cats".

This is part of what's got us in the current mess,the spend on credit now and let the future take care of itself, which is now catching up with us.We saw the "greed is good" 80's blown away in October 1987 when the markets crashed .Then again in 1992, and no lessons were learned?
 
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Gornman
Post subject:   PostPosted: Oct 16, 2008 - 12:12 AM
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britstarfan wrote:

This is part of what's got us in the current mess,the spend on credit now and let the future take care of itself, which is now catching up with us.We saw the "greed is good" 80's blown away in October 1987 when the markets crashed .Then again in 1992, and no lessons were learned?


As an Economics major, I can answer that......NO!

Problem is:

Sustaining sound fiscal policy will get the other guy elected,
you know, the guy promising the moon Idea

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britstarfan
Post subject:   PostPosted: Oct 16, 2008 - 12:21 AM
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Gornman wrote:
britstarfan wrote:

This is part of what's got us in the current mess,the spend on credit now and let the future take care of itself, which is now catching up with us.We saw the "greed is good" 80's blown away in October 1987 when the markets crashed .Then again in 1992, and no lessons were learned?


As an Economics major, I can answer that......NO!

Problem is:

Sustaining sound fiscal policy will get the other guy elected,
you know, the guy promising the moon Idea
Well hopefully ( at least where the banks are concerned) now Taxpayers, supposedly own a majority share, we will have more say on what the money they make is actually spent on.There hopefully, will be more clarity and openess, and the bosses will have to be a lot more accountable, to the public.

But i get the feeling, none of this will really happen.Things will carry on pretty much as usual and how they always have done,there's always a loophole, or a clause hidden somewhere, in the small print.
 
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Harry_Mudd
Post subject:   PostPosted: Oct 16, 2008 - 06:59 AM
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morgram wrote:
greenchick wrote:
Thanks for your honesty Bob, I suspect you're not the only one. Hence why we stick to discussing American politics most of the time!
Dam straight! I wanna see Gordon Brown right up there backing up McCain when we take action to neutralize the iranian nuclear threat but if the Israelis feel they wanna do the job then the US and UK have to give them all the moral support we can.


You are nuts, you know that, don't you? Besides, Brown has stated, as has Cameron, that Obama is their preference.

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britstarfan
Post subject:   PostPosted: Oct 16, 2008 - 09:28 AM
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What else could we have spent the billions on?


http://money.uk.msn.com/investing/artic ... d=10164169
 
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