Gordon Browns 10 worst financial gaffes

#2
Broons worst mistake was being born!

And how the fvck did we end up with the country being run by a cvnt who never even learned to drive a ****ing car? :x
 
#3
For an ironic read this is the speech Mr Brown made at the Mansion House in 2006, I've extracted a couple of snippets just in case you die laughing when you read it.

Gordon Brown said:
Ed Balls, our new City Minister, will work with you to develop publish and then promote a long term strategy for the development of London's financial services and promoting our unique advantages and assets. We will set a clear ambition to make Britain the location of choice for headquarters and services, including R&D, for even more of the world's leading companies.

And just as two years ago we promoted the action plan for liberalising financial services across Europe, I can tell you that the Treasury is now working with Charles McCreevy and with you to ensure that the forthcoming European financial services white paper signals a new wave of liberalisation.
Gordon Brown said:
Your dynamism allied to the City's openness has led London to innovate: the most modern instruments of finance, an ability to compete that depends upon an open competition policy which rewards and is a stimulus to innovation and which does not restrict new entry and so helps new companies, new products and new services to come into the marketplace.
 
#4
Even more laughable is this one he made to the same audience in 2007

Gordon Brown said:
And I believe it will be said of this age, the first decades of the 21st century, that out of the greatest restructuring of the global economy, perhaps even greater than the industrial revolution, a new world order was created.
Gordon Brown said:
The financial services sector in Britain and the City of London at the centre of it, is a great example of a highly skilled, high value added, talent driven industry that shows how we can excel in a world of global competition. Britain needs more of the vigour, ingenuity and aspiration that you already demonstrate that is the hallmark of your success.
 
#5
Only Bron could set in train the mechanism to destroy our financial institutions then claim 3 years later he's single handedly saved the UK and the rest of the world from the financial meltdown he was in a large part responsible for.
 
#6
1. Taxing dividend payments

Before 1997, dividends issued by UK companies and paid to pension funds were tax-free - that is, the tax could be claimed back via a system of tax credits. Not any more, decided Brown. Tax relief was scrapped, reducing the amount collected by pension funds by around £5 billion a year. Pension funds holding the cash that you, me and almost everyone else in the country plan to use for our retirement have lost around £100 billion over the last 12 years. That's one hell of a stealth tax.
There's yer daddy. Fcuked up private sector final salary pensions good and proper.
 
#7
CQMS said:
Gordon Brown said:
And I believe it will be said of this age, the first decades of the 21st century, that out of the greatest restructuring of the global economy, perhaps even greater than the industrial revolution, a new world order was created.
Well he was right, wasn't he? Just not quite in the way he was attempting to suggest...
 
#8
And, yet, you have to admire the man because he and Mr Blair managed to convince the electors three times that they were the ones who knew everything there was to know about financial management.

Unfortunately, we are only halfway through, as yet, the Greek tragedies of hubris, nemesis and catharsis!

Litotes
 
#9
Cyclops McRuin may not be that clever over fiscal and economic policy, nor having much in the way Leadership qualities as Prime Mentalist.... But he sure can talk a load of old b0llox.... he could talk the hind leg offen a 'Push-Me-Pull-You'.. if it had any.... 'hind legs' that is

It sort of reminds me of the liarbore party..... Totally facked..... :roll: :p
 

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#10
They've missed out using the tax and benefit systems as a means of wealth redistribution.

You can argue about spending 2 billion on an aircraft carrier, 3 billion on India's space programme, 20 billion on Trident subs or even 100 billion ripped from pension funds over 12 years. That's dwarfed by the £200 billion the Government spends annually on welfare payments so that one third of UK households now get most of their income from benefits.

Child benefit for millionaires, tax credits for people on £50k salaries, incapacity benefit if you are too fat to work, six figure welfare payments for refugees, private healthcare for asylum seekers, legal aid for prisoners to sue if their bog paper isn't soft enough. Saving the world doesn't come cheap you know.
 
#11
Gordon Brown said:
Ed Balls, our new City Minister, will work with you to develop publish and then promote a long term strategy for the development of London's financial services and promoting our unique advantages and assets. We will set a clear ambition to make Britain the location of choice for headquarters and services, including R&D, for even more of the world's leading companies.

Nice clip this. So how can London succeed when the infrastructure is crumbling? Heathrow is a joke. The Tube is still Victorian. The road network is dire. The M25 is a car-park. The housing-stock is lousy and expensive. The place is too full anyway. Half the people don't speak English.

Oh, yes, great place to do business. Perhaps if Gordon had been spending the £billions he has wasted on infrastructure projects, we could have kept our heads above the water. But London is now sunk as a financial capital, and the rest of the country with it.
 
#12
Ancient_Mariner said:
That's dwarfed by the £200 billion the Government spends annually on welfare payments so that one third of UK households now get most of their income from benefits.
True enough. We have whole estates, where I am, where nobody appears to have a job - the day-time television junkies in jogging pants and pushing a pram if female. And half of them shouldn't be here in the first place. Welfare city, it is called.


I had to laugh that during the good times we ran out of people willing to sell Big Issue - so they had to import immigrants to sell it!! (Big Issue was created to support the homeless, so now it is perpetuating itself by creating more homeless people!!!)
 
#13
Ancient_Mariner said:
That's dwarfed by the £200 billion the Government spends annually on welfare payments so that one third of UK households now get most of their income from benefits.
True enough. We have whole estates, where I am, where nobody appears to have a job - the day-time television junkies in jogging pants and pushing a pram if female. And half of them shouldn't be here in the first place. Welfare city, it is called.


I had to laugh that during the good times we ran out of people willing to sell Big Issue - so they had to import immigrants to sell it!! (Big Issue was created to support the homeless, so now it is perpetuating itself by creating more homeless people!!!)
 

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