Wednesday, 26 March 2008

PMQs

Jonathan Calder on Liberal England noted in his blog how David Cameron failed in his questions on the economy, with Gordon Brown fighting back with good quotes. A few things got me about what David Cameron said at PMQs. He accused Brown of dithering, which is correct, he says the Government should of taken firm actions which is correct. Of course the correct firm action to be taken was what Vince Cable had been saying all along about Nationalisation and took the Government ages to eventually go along that path. The tories only suggestions were ones that would simply destroy the bank and many people's jobs. Cameron also criticised Brown for not putting away money in the good times. But to be fair, the country had come out of decades under the tories and public services needed desperate attention and was Brown really supposed to look into his Cristal ball? You can't predict when the next economic slowdown is going to be. Cameron also stated the need for tax cuts. But he has said how the tories would maintain labour's spending plans for a few years in power, so the question is where would he make the cuts? Well they've said corporation tax needs further cuts, no surprise there with the conservatives.
Nick Clegg went for a liberal human effect on the economy, asking about home repossessions, he asked "is complacency the only thing he (the PM) has to offer to thousands of British families who are frightened of losing their homes?" Well done Nick Clegg.
On Anglo-American relations Gordon Brown said, "special relationship is a term I use with pride". Ergh! That's enough to make you feel sick, special relationship with the Bush Administration. Who else have we got special relationships with? Well there's even worse for example the Saudis.

2 comments:

Pete (WestBrom Blogger) said...

"He accused Brown of dithering, which is correct, he says the Government should of taken firm actions which is correct. Of course the correct firm action to be taken was what Vince Cable had been saying all along about Nationalisation and took the Government ages to eventually go along that path. The tories only suggestions were ones that would simply destroy the bank and many people's jobs. "

Its amazing how those nasty Americans turned around a much bigger failing bank in two days, without nationalisation at only a £15 million risk to the taxpayer - Bear Stearns

And so what if National Rock had gone to the wall? Are you all for propping up bad business practices with taxpayer money? It is quite possible that a private sector rescue would have been mounted had the government turned off the tap and made it clear that no further sweeteners could be squeezed out of the taxpayer. Big buisnesses are after all vultures, if they see a weak government they will pick it apart for their own benefit.

And as for the jobs thing, is £100billion of taxpayer risk worth it for a few thousand jobs - if it had been sold many of the front office jobs would have survived - 2000 of which have been laid off since nationalisation. Sorry Alistair but your rather blinkered view of 'all things Tories say are evil' has left your argument has more holes in it than a sieve.

Alasdair W said...

Yes I know the Government put a huge risk to the taxpayer. What they did in the resuce package was the protect the bank but not the risks. That's why the Liberal Democrats wanted quicker action in Nationalisation. Yes it is amazing how the American's rescued Bear Stearns, but it's inevitable for things to happen differently. If it had gone to the wall that would of been a much greater burden for the economy surely. Yes jobs have been layed of since nationalisation, but many more would have gone with the tory plans and what about people's money and mortgages in Northern Rock? My entry wasn't to defend the Government on Northern Rock, they dithered and didn't take the right action. On the 'nasty americans' touch you gave that's simply not my point of view. It's actually nasty Bush Administration, surely you would agree with me on that. Anyway I shall keep trying to fill up my wholes in my sieves.