I have just read that our Chancellor of the Exchequer, Alistair Darling, "has urged Britain's banks to take a more cautious approach to lending". I am sorry, I am getting terribly forgetful recently, can anyone remind me of the name of the previous Chancellor whose policies encouraged this build-up of personal debt and the even more dangerous (to the country) government debt - both on the books and off the books (in the form of PFI) of which I will write more soon.
I do hope that our new Chancellor Darling is not "pooh-poohing" the previous Chancellor, after all "never ignore a pooh-pooh. I knew a Major, who got pooh-poohed, made the mistake of ignoring the pooh-pooh. He pooh-poohed it! Fatal error! 'Cos it turned out all along that the soldier who pooh-poohed him had been pooh-poohing a lot of other officers who pooh-poohed their pooh-poohs. In the end, we had to disband the regiment. Morale totally destroyed... by pooh-pooh!"
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