ChatterBank1 min ago
An MEP talking sense!
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The economy is screwed and Grodon is crap, not particularly informative or constructive but I suppose one can only fit so much into 3 1/2 minutes and it was quite funny to see someone giving it to Gordon without all his cronies jeering as they do in the Commons.
Even looked like Gordon was taking notes at one point!
Even looked like Gordon was taking notes at one point!
What a Tory MEP slagging off a Labour Prime minister?
What a shock!
Of course if Hannan were any good himself - He'd be on the front bench at Westminster and not Languishing in Brussels in an institution his party don't want to be associated with!
He's just a troublemaker, a Member of the Brugge group trying his hardest to sink the EU from the inside.
He was expelled from the EPP-ED ( the centre right grouping in the EU ) last year.
What a shock!
Of course if Hannan were any good himself - He'd be on the front bench at Westminster and not Languishing in Brussels in an institution his party don't want to be associated with!
He's just a troublemaker, a Member of the Brugge group trying his hardest to sink the EU from the inside.
He was expelled from the EPP-ED ( the centre right grouping in the EU ) last year.
Facts? Don't make me laugh?
Worse position than any G20 country?
The UK's borrowing only puts us on a par with Germany and is dwarfed by Japan's
He criticised Gordon brown for bailing out Banks? He want's him not to? to let the banks fail?
If that had happened everybody would have lost their savings, and their houses as the banks foreclosed, businesses owing banks would have failed for the same reason and unemployment would have gone through the roof.
Without such Government action there'd have been another great depression.
Facts
This is why even Cameron isn't saying what Hannan is.
This is why the Tories didn't all rush to back him up.
This is why Hannan is languishing in Brussels.
It's simple minded clap trap designed to appeal to those who want easy answers to difficult questions.
Worse position than any G20 country?
The UK's borrowing only puts us on a par with Germany and is dwarfed by Japan's
He criticised Gordon brown for bailing out Banks? He want's him not to? to let the banks fail?
If that had happened everybody would have lost their savings, and their houses as the banks foreclosed, businesses owing banks would have failed for the same reason and unemployment would have gone through the roof.
Without such Government action there'd have been another great depression.
Facts
This is why even Cameron isn't saying what Hannan is.
This is why the Tories didn't all rush to back him up.
This is why Hannan is languishing in Brussels.
It's simple minded clap trap designed to appeal to those who want easy answers to difficult questions.
Jake, don't make me laugh!
Firstly, unlike yourself, I am apolitical so I have no axe to grind'
The UK's economy is set to shrink by a frightening 3.8% this year and another .2% in 2010 Japan's will shrink by 5% this year but will level out at 0% in 2010. Other major economies will come out of this recession well before the UK - I think that alone should tell you something about how our finances have been managed by our Gord!
He even managed to sell off half of our gold reserves at a 20 year low price. I think it was for $275 an ounce, now worth over $1000 an ounce. This was done against the advice of the BOE.
I think the first line of the first response to this question puts it more succinctly than either you or I could!
PS Hannan is hardly "languishing" in Brussels - he was elected to the European Gravy train by the very intelligent (not!) electorate of this country.
Firstly, unlike yourself, I am apolitical so I have no axe to grind'
The UK's economy is set to shrink by a frightening 3.8% this year and another .2% in 2010 Japan's will shrink by 5% this year but will level out at 0% in 2010. Other major economies will come out of this recession well before the UK - I think that alone should tell you something about how our finances have been managed by our Gord!
He even managed to sell off half of our gold reserves at a 20 year low price. I think it was for $275 an ounce, now worth over $1000 an ounce. This was done against the advice of the BOE.
I think the first line of the first response to this question puts it more succinctly than either you or I could!
PS Hannan is hardly "languishing" in Brussels - he was elected to the European Gravy train by the very intelligent (not!) electorate of this country.
And where do you get these "facts" from?
Not IMF by any chance? the same people who predicted that the UK would be the only country entering recession?
You have I note singually avoided answering the point about the alternative to bailing out the Banks, and instead concentrated on the sale of $2 billion of Gold reserves.
$2 Billion I'm sure you'll admit is totally irrelevant in terms of the current situation.
So simple question - do you agree with Hanan when he criticizes Brown for bailing out the banks?
Or do you agree with pretty much all mainstream politicians that it was necessary?
Not IMF by any chance? the same people who predicted that the UK would be the only country entering recession?
You have I note singually avoided answering the point about the alternative to bailing out the Banks, and instead concentrated on the sale of $2 billion of Gold reserves.
$2 Billion I'm sure you'll admit is totally irrelevant in terms of the current situation.
So simple question - do you agree with Hanan when he criticizes Brown for bailing out the banks?
Or do you agree with pretty much all mainstream politicians that it was necessary?
Jake,
" Not IMF by any chance? the same people who predicted that the UK would be the only country entering recession?"
What a stupid statement and so easy to refute. You only have to read this http://business.timesonline.co.uk/tol/business /economics/article3716365.ece
or this http://www.guardian.co.uk/business/2008/dec/16 /imf-financial-crisis
or this from your (probably) least favourite rag http://www.dailymail.co.uk/news/article-109926 3/IMFs-warning-Britain-Bailouts-need-double-pr event-economic-collapse.html#comments
I could go on and on ad nauseam, but it is so obvious that they DID forecast a global (Gord's favourite word nowadays) recession, not just one in the UK. I think most sensible people acknowledge this.
I have not singularly (or "singually" as you so eloquently put it) avoided answering any of your points. I agree that there was no alternative to bailing out the banks, but you should be asking why they were allowed to get into such a mess. What was the FSA doing?
As I pointed out originally, I am totally apolitical, although I admit to having a certain loathing for ALL politicians in general and this particular government specifically.
" Not IMF by any chance? the same people who predicted that the UK would be the only country entering recession?"
What a stupid statement and so easy to refute. You only have to read this http://business.timesonline.co.uk/tol/business /economics/article3716365.ece
or this http://www.guardian.co.uk/business/2008/dec/16 /imf-financial-crisis
or this from your (probably) least favourite rag http://www.dailymail.co.uk/news/article-109926 3/IMFs-warning-Britain-Bailouts-need-double-pr event-economic-collapse.html#comments
I could go on and on ad nauseam, but it is so obvious that they DID forecast a global (Gord's favourite word nowadays) recession, not just one in the UK. I think most sensible people acknowledge this.
I have not singularly (or "singually" as you so eloquently put it) avoided answering any of your points. I agree that there was no alternative to bailing out the banks, but you should be asking why they were allowed to get into such a mess. What was the FSA doing?
As I pointed out originally, I am totally apolitical, although I admit to having a certain loathing for ALL politicians in general and this particular government specifically.
So simple question - do you agree with Hanan when he criticizes Brown for bailing out the banks?
Although he does (wrongly) seem to have a distaste for the bailouts - and as you say endorses no alternative - Hannan's main point of criticism that he spends most time on is Brown's irresponsible borrowing during the decade of boom he had. And he's right - Brown's not a stupid man, he knew that busts are inevitable but he kept procrastinating.
On the other hand, though, I guess you could say that pointing that out is kind of pointless now...
Although he does (wrongly) seem to have a distaste for the bailouts - and as you say endorses no alternative - Hannan's main point of criticism that he spends most time on is Brown's irresponsible borrowing during the decade of boom he had. And he's right - Brown's not a stupid man, he knew that busts are inevitable but he kept procrastinating.
On the other hand, though, I guess you could say that pointing that out is kind of pointless now...
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