In his first clear admission of some responsibility for the financial crisis, the former prime minister claimed he had not understood how “entangled” the world’s financial institutions had become.
They come as the Treasury prepares to receive a review into how Britain’s banks should operate in the future. The Independent Commission on Banking (ICB), led by Sir John Vickers, is expected to recommend significant reforms to make it less likely that banks take unnecessary risks and to encourage greater competition
The sad Twat said: “We set up the FSA believing the problem would come from the failure of an individual institution. That was the big mistake. We didn’t understand just how entangled things were.”
He added “I have to accept my responsibility.”
At last! Ed Miliband must be delighted now that he can move on. The trouble is that Labour should not be back in power until he is a very old man. I actually think the coalition, (short of my ideal of Scottish independence), is doing not too badly from the point of view that the LibDums are taking the edge off the Tories most radical plans and what is left is certainly less big business and more people orientated. Which of course, is what it should be, unless they are, as we all suspect, being played by big business and the banks, the banks being, you know who, those people I get into a row for mentioning too often, not that, that, will stop me.
14 comments:
" ...what is left is certainly less big business and more people orientated..."
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Yer haverin.
WTF? Big Business? All the steelworks and car factories and shipyards are shut. All that is left if flipping halal burgers and selling eachother dodgy financial products and taking dope and claiming benefit.
I wish we had some big business, all we are in this country is a hollowed out stinking gourd eviscerated by Zion and stuffed with the refuse of the third world.
So the coalition are people oriented are they? Only if the people concerned are rent boys, drug dealers, bankers and foreigners!
Mcgonners, No what I meant by that is that the LibDums, IMO, have taken some of the hard edge off the Tories. Fuck knows what Osborne would be up to if he wasn't in a coalition.
Gordo, by big business, I mean the Global big businesses like the Banks, oil, Coca-Cola,etc. Precisely why I want independence for Scotland, to keep the politicians close. We had transport ministers resigning because there was 2 inches more snow than Forecast FFS. That's the way it should be, not because they're poofters, although that should be taken into account.
I can't believe he can just admit to it and not get arrested. What about gross negligence?
If anyone else made such a gross error of judgement in their jobs, they'd be hung out to dry.
The man wasn't just grossly negligent, he bankrupted a whole sodding country, ours!!!
Sue, I can't believe it either. The bastard should be taken out and hung by his balls with a bit of strong cheesewire!
Certainly I won't be voting for the Lib-Lab-Con coalition of the damned. And I think Salmond is very clever to give free prescriptions to those who work and contribute. But why has no-one in the SNP ever mooted independance? You know, from the state we are a part of, becoming an independant country, like Norway? I think that would be a good idea!
Gordo, don't you think that's a wee bit radical. I mean, I know we're the only country in EU with oil and we have a current surplus of £3.4 billion, but it wouldn't be fair to leave England with all they've done for us, The M25, London Olympics, Channel Tunnel, Portcullis House.....
He may apologise, but does it change the fact that what's done is done?
All one has to do is look at his bank balance and the jobs he's going to receive as thanks for implementing the will of his masters, the bankers, corporation owners, arms manufacturers, petro-chemical companies and Zionists. The elites look after their own.
Harbinger
Harbingers, he should probably be in Jail, never mind contemplating a job at the IMF along with his predecessor Blair. If they fuck up then they should not be allowed to profit, IMO.
Almost every politician that's ever existed should be in jail DL, but sadly, they make the rules and are exempt from prosecution, that is the elites.
However, I'd forget about jail for these cretins. I'd sling a rope over a tree before hauling them up. Then again, what they did to William Wallace is a fitting ending to these bastards who have destroyed the lives of millions and set the future lives of trillions into abject poverty and slavery.
Harbinger
Brown down, Gray to go. That leaves as future Scottish Labour Leaders, Mrs White, Mr Black and the Reverend Green. Not forgetting Professor Plum, Miss Scarlet and Colonel Mustard. Now thats a group of names that should be found dead in the Library with the Rope. Perhaps the gracious Ian can start the dice rolling after May 5th.
Stephen.
Harbingers, as you know, I wouldn't disagree with that, it's getting the rest of the brain dead cunts to agree.
Stephen, you forgot Andy Kerr the Paedo, with the cheesewire in the conservatory!
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