Brown has just been interviewed on Sky News by Adam Bolton and when asked if selling gold at a record low was a mistake managed to blame the Tories!
The man is incredible.
When the economy was booming it was because of his policies not global conditions.
When the economy goes wrong and the housing market falls it is global conditions not his policies.
When he sells gold at a record low it's not his fault it's the Tories!!
If he just said - in hindsight it was the wrong time to sell, but we needed to diversify and there are a lot of things we would not do with hindsight, he would get a bit of respect.
Tuesday, 15 April 2008
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13 comments:
Un........Bloody......Believable
He's an unspeakable shit isn't he.
Thank God they'll be out at the next election.
so you sell ALL the gold to have a diverse portfolio..........how does that work then?
A prime example of "headuprectumitis" methinks?
Anon 07:32: I cannot believe that I am saying this about Gordon Brown but - To be fair he only sold around half of the UK's gold. Mind you he did pre-announce the sale so depressing the price and bought Euros with most of the proceeds. An economic giant? I think not.
This man really is the pits but interviewers let him get away with it.
Bolton should by rights have been collapsed on the floor with uncontrolable laughter at Brown's gold sell-off joke of a reply.
But no - his boss Rupe still seems to be backing a loser.
<Life of Brian>
Nail some sense into him, I say!
</Life of Brian>
the point about gold is that it has an elastic price. in times of political stability its price can fall to cost of production. in times of crisis it can rise ten times over.
it is the perfect strategic reserve.
In wartime suppliers will demand payment in gold, as paper can be pretty worthless.
selling off gold reserves is the equivalent of throwing away your sovereignty, which is exactly what Brown was signalling that he was willing to do.
he's now fulfilled the promise by ratifying Lisbon without the referendum.
russia is now rearming while europe's military capability and willingness to fight becomes a joke. America might well become less likely to defend Europe in future, with europeans becoming openly anti-american.
the scene is being set for a new european war - and one we will be fighting without our gold reserves. well done gordon brown, the destroyer of our sovereignty and our future survival.
the man is a grade one arse.
I just watched this interview and choked on my tea when he got to the gold sell off bit. What an absolute cretin, who does he think will believe this.
I think I know why authors such as Rowling, Horowitz, Pullman et al deserve their wealth and adulation, since they have to constantly come up with stories more entertaining than the ones made up by this looney assylum posing as a government.
No, he wouldn't deserve respect. Get real. NOTHING could do that.
Man in corner, picking nose and eating snot: "So you see, absolutely nothing is my fault. EVER. Can I make that clear, please?"
Patient: "Who is, 'e?"
Other patient: "'Es a nutter! 'e finks 'es the Prime Minister!"
Doctor: "On the contrary. He was the last prime minister before he signed the UK away to be a province of the Western Islands Sector of the European Empire. Just a couple of years before the war between the Empire under Blair I and Russia."
How can anyone be in charge of the country and its economy when his own party is on the verge of bankruptcy ?
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