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Friday, January 30, 2009

The New Global Order

In shades of Hitler, Prime Minister Brown refers to the recession thus:

"The economic crisis should be treated as the difficult birth-pangs of a new global order".

Nonsense!

The crisis is as a result of poorly regulated greed and stupidity, compounded by dithering and colossal policy blunders by UK, US and European governments and central banks.

Brown's hands are as dirty as anyone elses, as he constructed the ineffective tripartite "regulatory" system and allowed a housing and credit bubble to balloon to monumental proportions during his tenure in office.

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