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The prime minister said that without the new schemes, jobs may have been "needlessly" lost at healthy firms struggling to gain access to necessary funding.
"Good businesses must have access to credit," said the prime minister.
"It is because of this that we are taking the action to expand lending."
Shadow chancellor George Osborne said the details of Monday's package remained a "mystery".
Mr Osborne added that the prime minister "hasn't saved this economy and he hasn't even saved the British banks yet".
Liberal Democrat treasury spokesman Vince Cable said the government's latest plans were inadequate, urging instead for the whole banking sector to be nationalised.
"The government must bite the bullet on the public ownership and control of the banks to ensure that lending is maintained to sound companies who can keep the economy ticking over in these turbulent times," he said.
Originally posted by Vitchilo
Him and Tony Blair are no better than Bush. They should all be send to the Hague or be worked on with blowtorchs by crackheads pulp fiction style.
British politicians are no better than american politicians or mexicans politicians or zimbabwean politicians.
Originally posted by Vitchilo
Him and Tony Blair are no better than Bush. They should all be send to the Hague or be worked on with blowtorchs by crackheads pulp fiction style.
Originally posted by redled
reply to post by Now_Then
Yeah, but Brown now as the 'Saviour of The World.' how does that stick? He went on a holiday in Iraq with his boss Tony, he's hard, he's a bully, but all it seems to me is that he destroyed Iraq and the English (and in full respect mode, the Scottish) banking system(s). *snip*.
Originally posted by redled
I'll get docked another thousand points for the last word in my last post.....
Originally posted by Zepherian
"Good business needs access to credit,
so we can mess up their business model, take their assets and turn them into a mediocre business
full of unsatisfied wage slaves that will never get as far economically as our media brainwashing makes them feel
they have to in order to get laid"
The above is not what Gordon Brown said, but probably very similar to what he thought. Truth is a harsh mistress, sometimes.
Is Brown on an ego trip, is he desperate, is he a con man, or is he some kinda genius?
Originally posted by pause4thought
reply to post by redled
Is Brown on an ego trip, is he desperate, is he a con man, or is he some kinda genius?
In this thread the concensus seemed to be that he's just not cut out for the job:
We not only saved the world... While his Freudian slip about 'saving the world' was the cause of much merriment at the time, I was truly taken aback at the vehemence of feeling against his leadership. A number of posters were clearly fuming that he is in place, and hold him largely responsible for much that is currently amiss.