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Old 01-03-2009, 11:48   #1
Osem
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Brown pledges to clean up the banks...

http://news.bbc.co.uk/1/hi/uk_politics/7916215.stm

Here we go again. Despite having presided over the whole thing, Brown's now going to sort it all out and make sure those naughty banks (you know the ones who used to be his best buddies) don't get away with it again.

Given Brown's track record in sorting out dodgy dealing amongst his own ranks, I reckon this latest pledge is just another example of the increasingly desperate gesture politics which characterises a Govt. in terminal decline and facing an election. In any event, given what's going on, I reckon Brown's bigger problem is ensuring we have a banking sector at all and replacing all those lovely £££billions his former chums like Fred the Shred used to provide in tax revenues for Brown to squander.

It's not just our banks which need sorting out either. With the EU having expanded eastwards faster than the UK's housing bubble inflated, things aren't looking too great over there:

http://www.voxeu.org/index.php?q=node/3159

I wonder who'll pick up the tab for this.....

Answers, invoices and begging letters to 10/11 Downing Street c/o the European Union.....
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