What's the Tory Alternative?

[jake-the-peg]

What alternative to the proposed resucue bid are the Tories suggesting?

Surely there's no suggestion that they would have come up with the identical complicated plan had they come into power a year ago?

They must have a better plan don't they? or should we all just be grateful that number 11 is being inhabited by Darling and not Osborne?

[keyplus90]

Me............??????

[jake-the-peg]

Go on Keyplus -I'll buy it - you are hereby elevated to 11 Downing Street.

What's the plan?

[Gromit]

There was much criticism of Darling for dithering (mainly from the banks who maybe should have dithered themselves when they were offered bad investments) but when you are committing �500bn it is right you need to cover all the angles.

The British plan looks to be a much better deal for the tax p[ayer than the US Paulsen one. It has been better received and there are reports that the US is now considering using some of the $700bn in a similar way to the British plan.

http://www.telegraph.co.uk/finance/financetopi cs/financialcrisis/3163508/US-considering-Darl ing-style-bank-rescue.html

The Tories have been very unlucky with this because Osbourn's inexperience is glaring. He is clearly well out of his depths, and his only contribution is flimsy soundbites without any substance. Cameron's performance at PMQs was abysmal.

http://www.telegraph.co.uk/news/newstopics/pol itics/conservative/3161438/David-Cameron-deliv ers-poor-performance-in-Commons.html

[R1Geezer]

What's up jake? trying to drum up opposition where it does not exist? the Governement's rescue plan is very good and I think that the Tories can see that, so you're not happy because they are not slagging it off? The Tories would no doubt have had to do something similar if they where in, Party politics is thankfully taking a back seat in this. For the record, credit where it's due, I think the plan is excellent and has a good chance of working, well done..........now about the public sector.....!

[sp1814]

You know what the Tories should be really scared of?

That this banking crisis will throw such a good light on the Labour government that they lose ground in the polls as people suddenly recognise the relative inexperience of the opposition.

It could (whisper it) be Labour's very own 'Falklands Effect'.

It's vaguely funny.

[jake-the-peg]

Well I wouldn't go as far as a Falklands effect when you look at the Tories and think "what if" the answer doesn't look as rosy as it might have done a few months back.

Personally I think the Tories free market instincts would have kicked in and they'd not have come up with something similar. I think nationalising banks would have been a step too far for them and they'd have baulked with disasterous results.


And if Darling Ditherred - where was the leadership from the Tories - why didn't they wade in saying "This is what you need to do - do it now"?

They'd have appeared strong and capable and Brown and Darling would have appeared weak - especially when they had to do it after all.

It was a golden opportunity to show us what they could do.

and they did

[keyplus90]

Thanks Jake for showing that much confidence in me. But in reality I am already living at number 10. Not downing street though��.

But being serious to the question I don�t think that the things will change dramatically whoever is in power. First of all restlessness (political, economical, geographical and social) is almost in all the countries in the world. Then looking at the diminishing or misused sources are showing their colors. So difficult times are ahead does not matter who runs the country.

[petal54]

i have little faith in those in 'power' or those who would be,the back room'sir humphries'make the policy,MP's are just the mouth pieces,ever smaller circles

[jake-the-peg]

Well petal ministers (as opposed to MPs) make the decisions.

They appoint advisors, experts like professional economists or academics who put together these plans and the ministers decide whether or not to go with them.

The "Sir Humphreys" then have to carry them out.

Politicians of different parties choose advisors with different ideas.

The Politicians have to make the decisions, sell those decisions to the public and make sure that they work, changing them if they start to fail.

Alas it's the last bit that is the undoing of many politician