[NFS]

Originally Posted by dxb335d

Man anything to defend labour eh.... They have screwed our country up.

If you can prove that Gordon Brown and Captain Darling invented the derivatives market and led the sale of sub-prime mortgages in the USA, then I will concede the point.

[Steve A]

Originally Posted by NFS

If you can prove that Gordon Brown and Captain Darling invented the derivatives market and led the sale of sub-prime mortgages in the USA, then I will concede the point.

When i read Captain Darling all i heard was steven fry sounding like a sheep

[BC4J]

Originally Posted by NFS

If you can prove that Gordon Brown and Captain Darling invented the derivatives market and led the sale of sub-prime mortgages in the USA, then I will concede the point.

But the cretins are responsible for the regulatory framework in this country. They've had 10 years in power (how did that happen!!!) so surely have something to answer for. They love taking the credit for anything good, now they should take the hits as well.

[DaveC]

Baaahhhhh!

[NFS]

Originally Posted by BC4J

But the cretins are responsible for the regulatory framework in this country. They've had 10 years in power (how did that happen!!!) so surely have something to answer for. They love taking the credit for anything good, now they should take the hits as well.

I agree. As I said in my earlier post, we've been hit hard because of our reliance on financial services (and service industries in general) as a major component of GDP.

We don't make anything any more and the main reason for that is cost, due in part to high wage levels (relative to other countries) which in turn are the result of a fairly high cost of living.

The main reason for this (and the other reason why it's expensive to manufacture in the UK) is the number of stupid and pointless laws introduced over the last 15 years or so, together with a fiendishly complex and generally unfair taxation policy.