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Tuesday 16 September 2008

Nick Robinson still fighting for Gordon Brown's survival

Nick Robinson, the odious Beeboid has a lovely little piece in his blog today. It wonders whether Wall Street's problems, not a word of the City of London as that would be too close to home, might save Gordon Brown's job. Nick Robinson includes this "thought":
"What he won't say but hopes that others will is:

• Would the public forgive a party that turned in on itself during an economic crisis?
• Would the markets react well to a vacuum at the top of government at this time?
• Would Alan Johnson, David Miliband or Jack Straw really know better how to run the economy ?
• Are the Tories with their close links to the City and the hedge fund millionaires really going to be trusted to clean up the mess?"
It is odd how the BBC are so keen, along with the Labour party, to portray the Conservative party as inextricably linked with the City and millionaires. Just remind me how poor Lord Sainsbury is, or any of the other rich donors to the New Labour Project.

Of course the funniest line in Nick Robinson's piece is
"we have at the helm the person who knows more about the economic realities than pretty much any other leader"

Gordon "Prudence" Brown was the fool who by deregulating the financial markets, allowed corporations and individuals to gorge on debt. He was also the economic genius who set-up the tripartite regulatory authority framework (the FSA, the Bank of England and The Treasury) which failed so miserably to spot the coming Northern Rock crisis.

For Nick Robinson to report without comment that
"One minister declared, to widespread approval, that "we have at the helm the person who knows more about the economic realities than pretty much any other leader".
shows his bias. Gordon Brown is the economic genius who declared an end to boom and bust, that turned out well!

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