Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, 28 April 2010

Leader Debate Bet's


Ladbrokes have expanded and improved last weeks betting on - what will they say at the leaders debate? Much more interesting betting and I must say, makes watching it so much more fun. I won last week after placing a bet on "volcanic ash", thanks to Clegg. This week the debate is on the economy, jobs, debt and the recession. I'm betting on:

Bankers Bonuses - I can't see any leader not wanting to say something about bankers, given public contempt. Not terribly good odds but seems very likely.

Tory Cuts - This is Brown's favourite line, it's like a default setting for him.

Hard working families - Cameron's favourite phrase at the moment, as he looks directly at camera.

Five more years of Gordon Brown - The Tories have been pushing this line in their campaigning, "Britain can't afford 5 more years of Gordon Brown." In a debate of this kind it's a good line to use.

No more boom and bust - Brown will be defending his record as Chancellor and PM, given he has said this on many occasions, it's a good line to use against him.

Fingers crossed.


Update: I won two "Bankers Bonuses" and "Hard working families". Brown unfortunately kept saying "Conservative Cuts" and Cameron "13 years of Gordon Brown and this government". So not quite.

Monday, 26 October 2009

Brown's Christmas Present


Isn't Brown that gift that keeps giving. After it was announced that economy shrank by 0.4%, which officially means that this is the longest recession since records began. Brown vowed to restore growth and reform the financial sector by Christmas. Isn't that like getting back the foot spa you gave someone else for Christmas last year.

I can't help but think though - why when writing out that big fat taxpayer funded cheque didn't he issue some terms? Banks sole purpose is to make money, they are by their nature greedy, a little native to be surprised when they get excessive. Which leads to asking why given the taxpayer is the main share holders in these companies giving out billions in bonuses, doesn't our representatives say something? I don't see the problem with a company that is part nationalised that the main share holder has a say over pay, particularly since that share holder was the one that propped their failing company up.

There is also at long last to be announced some consumer protection measures, which for a Tory Labour government is about time. This is really the way to reform the financial sector, empower the consumer. If the banks are foxes in charge of the hen house, arm those hens with tasers.