meatcleaver
Posts: 9030
Joined: 3/13/2006 Status: offline
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quote:
ORIGINAL: Politesub53 Meat i dont follow your logic. Brown, being left wing, altered the way the banks work. He decided to set up the FSA. Given he has had 10 years as chancellor, how do you now blame the right ? I blame the right because Brown is the right. There is nothing leftwing about Brown, as Chancellor he lived off the financial shanigans of the City and positively encouraged them. The Financial Services Authority is pretty toothless and anyway, it can't regulate the city. It was the hedge funds that were the cause of the credit crunch, though they are the big profiteers from it and the FSA had no jurisdiction over them, they were let loose by the Tory big bang in the city. Brown has simply rubbed his hands as the banks were making money from money, full well knowing that the real economy wasn't pulling up any trees but was fairly stagnant.
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There are fascists who consider themselves humanitarians, like cannibals on a health kick, eating only vegetarians.
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