Dave Postles@
20 Billion for the good part of Northern Rock, but that will leave Billions of debt and guarentees owed by the Taxpayer with no means to pay it back other than by raising taxes...ummm..sounds like a
Brown decision to me!He will claim what a great deal it is for us, its this type of thinking that has got us into such a mess in the first place.
Brown is willing to screw us all for a headline, just about sums up this delusional idiot!
Its a bit rich having a pop at the Tories for getting their figures wrong after our deluded PM stated on Breakfast Tele that he is going to go on increasing spending!
After the disastrous handling of the Economy it will be almost impossible to try and pretend the Tories will do a worse job.
You have to remember the golden legacy left behind by the last Tory Goverment which Brown squandered, and it will need another dose of Economic reality to sort out the current mess.
Brown had his chance and blew it and when he made Darling deliver that joke of a PBR only proves that Labour can no longer be trusted.
£34 billion blackhole ? Isnt that the defence procurement blackhole on programs? , Shouldnt the treasury be working on how to halve the deficit instead of making claims on the torys , Its neagtive ,
Also Mr brown is reported to have gone back to labour investment v tory cuts , Mr darling refused to say how he would cut the deficit by halve in four years , The tax rises anounced are not much (the
50p tax), Although i do not know how much the 1% increase in national increase will raise .
First, the 'good bank' of Northern Rock will soon be sold - there are several interested parties, not only Branson (Virgin), but several other interested parties, including one of the largest
Australian banks. That's expected to raise at least £20bn. The timetable is not certain, but it is not distant. Second, tax revenues will increase as the economy moves out of recession this quarter
and during next year. Third, other bailed-out banks will be repaying their loans which form a significant element in the deficit.
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20 Billion for the good part of Northern Rock, but that will leave Billions of debt and guarentees owed by the Taxpayer with no means to pay it back other than by raising taxes...ummm..sounds like a Brown decision to me!He will claim what a great deal it is for us, its this type of thinking that has got us into such a mess in the first place.
Brown is willing to screw us all for a headline, just about sums up this delusional idiot!
its funny because to posts further down the livelist the times said it was £50 billion , whos doing the briefing ?
Danny
After the disastrous handling of the Economy it will be almost impossible to try and pretend the Tories will do a worse job.
You have to remember the golden legacy left behind by the last Tory Goverment which Brown squandered, and it will need another dose of Economic reality to sort out the current mess.
Brown had his chance and blew it and when he made Darling deliver that joke of a PBR only proves that Labour can no longer be trusted.
£34 billion blackhole ? Isnt that the defence procurement blackhole on programs? , Shouldnt the treasury be working on how to halve the deficit instead of making claims on the torys , Its neagtive , Also Mr brown is reported to have gone back to labour investment v tory cuts , Mr darling refused to say how he would cut the deficit by halve in four years , The tax rises anounced are not much (the 50p tax), Although i do not know how much the 1% increase in national increase will raise .
Danny