NEVER FORGET This is why were are in Recession:

General Election 2010 - Exposed, Vince Cable's waffle and lies on the Economy

I've just got home from work to find this excellent video in my inbox. Watching Vince Cable being dragged over the coals for his waffle on the economy and having his outright lies exposed is a great way to start an evening. Enjoy:



Don't forget to see Nick Clegg exposed on expense HERE

Conservative General Election Poster - Gordon Brown - The End is NI

I've got to say that I'm loving Labour thrashing around trying to justify their stupid job tax in the face of massive business opposition. Apparently we are supposed to believe Gordon Brown when he says he can cut waste (a bit late now), but he wants us to believe that there isn't any waste for the Tories to cut. It must be magic waste that only Labour ministers can see.

Click to enlarge

General Election - A very quick guide to how Gordon Brown sank the Economy.

Want a good reason why you should not vote Labour? Well here is a very quick guide to how Gordon Brown ruined our economy:

1. For the first 10 years of this Labour government we had a booming economy due to the unsustainable house price bubble and poor financial regulation. During this rich period the then Chancellor, Gordon Brown, failed to pay off the national debt, he sold our gold off at a rock bottom price, raided pensions, in fact he went on a spending spree until the money ran out.

2. When the money ran out, Gordon Brown introduced his numerous stealth taxes, but yet again, he did not use the money raised to pay off the national debt, he just carried on spending until the money ran out.

3. When the money from his stealth taxes ran out, Gordon started to borrow money - actually increasing our national debt. He continued to borrow and spend all the way up to the recession leaving our country weak an poorly placed to weather the storm.

4. Gordon Brown told us that we were best placed to face the recession. We now know that Gordon was not exactly telling the truth. Out of all the major economies we were the first into recession and the last out. Gordon Brown's uncontrolled spending very nearly took this country over a cliff.

So to summarise:

Gordon became Chancellor during a boom and spent all the money

Gordon sold off our gold for a fraction of its current value and spent the proceeds

Gordon carried out a raid on pensions and blew the cash he grabbed

Gordon then introduced stealth taxes and spent all that money

Gordon then borrowed money and carried on spending right up until the recession.

Gordon Brown failed to pay off the national debt after a decade of boom and left us weak going into the recession.

Now Gordon wants to raise tax again (NI) so that he can go on spending - he must be stopped.

General Election - Gordon Brown declares war on Business

Gordon Brown said for the first time this morning that businesses had been ‘deceived’ over their opposition to Labour’s National Insurance increase – Labour’s jobs tax. Shadow Chancellor George Osborne said:

"Gordon Brown has this morning declared war on British business.

"For the first time he has said that business leaders have been “deceived” into opposing Labour’s jobs tax. When Peter Mandelson made the same accusation, they reacted with understandable anger.

"This is a highly significant moment which proves that Gordon Brown is on the wrong side of British business and working people who know that Labour’s jobs tax will put the recovery at risk."

Gordon Incapability Brown's Rapping Video

This is not new, but still worth a giggle.

General Election Poster: Gordon Brown "You earn it, and I'll blow it"

Labour governments are excellent at throwing money at problems, but they are worse than incompetent when it comes to managing what that money has been spent on.

And don't forget that the economic genius Gordon Brown sold our gold off at rock bottom prices - a quarter of its current value.


Note: These are not official Conservative Party posters.

Is Gordon Brown the most financially incompetent Chancellor of all time?

I was reminded of Gordon Brown's Mansion House speech of 2007 by John in the comments of my previous post about Gordon's dodgy moral compass. This speech was given JUST before the world's economy fell around our ears and it shows just how incompetent Gordon Brown was as Chancellor:

"So I congratulate you Lord Mayor and the City of London on these remarkable achievements, an era that history will record as the beginning of a new golden age for the City of London."

"And I believe it will be said of this age, the first decades of the 21st century, that out of the greatest restructuring of the global economy, perhaps even greater than the industrial revolution, a new world order was created."

Golden Age? only it was to be Fools Gold.

Department of Work and Pensions - not fit for anything.

It's hard to believe that ten people could have been overpaid more than £1m in benefits. If that is just the top ten, how much has been overpaid altogether? No wonder the country is skint.

From hansard:

Andrew Selous: To ask the Secretary of State for Work and Pensions what the 10 largest benefit debts owed to her Department by individuals were at the latest date for which figures are available; and to which principal benefit the debts related in each such case.

Helen Goodman: From October 2009 we have set up a special task force to address debtors who owe the Department over £10,000. This will include debtors who have more than one debt.

Since its inception, the task force has recovered an additional £1.2 million between mid October 2009 and the early January 2010 from the high value debtors.

Since 2005-06, the Department has increased recoveries from £180 million per year to over £280 million.

We try and stop overpayments occurring in the first place. The Department's error reduction strategy will help to achieve this. It is based on preventing new error from entering the system; ensuring that customers and staff comply with benefit rules and identifying and correcting existing errors.

The 10 largest debts owed to the Department are as follows. These all relate to income support.

£136,567.94

£111,529.90

£105,028.81

£103,823.07

£101,430.23

£99,105.49

£98,689.61

£98,149.32

£96,657.81

£95,531.98.

GMTV (Guido Morning TV) : Brown, Darling and financial incompetence

Last out?

Proof: Gordon Brown and Labour are unfit to govern (Deficit Bill).

The man Gordon Brown, and the party Labour, proved once and for all last night that they are unfit to govern this country. John Redwood reports on his blog the absolutely diabolical farce that was the debate on Labour's deficit cutting Bill. I'll let John explain:

The day did not improve when we got onto the main business of the Deficit. I got the opportunity to make a speech along the lines of yesterday’s blog. We did drag out of reluctant Ministers the fact that they think they need at least £57 billion of public spending cuts, along with around £28 billion of more taxes, to hit their target of halving the deficit as a proportion of GDP by 2014. The Chamber was virtually empty on the Labour side. Only two backbench Labour MPs were prepared to speak in the debate. Both of them opposed the government’s measure – one because it did not take the deficit seriously enough, and the other because she could not countenance spending cuts.

It turned out when I had the chance to read their draft Bill that it contains a major flaw even within its own silly terms. It requires future Chancellors to cut public spending as a proportion of GDP every year from 2010 to 2016. This means that if there were by any chance another sharp contraction in the economy the government would not under the terms of this Bill be able to use the natural stabilisers which the government has always told us are so important. In a recession tax revenue falls and benefit spending rises, making the deficit worse. This “cyclical” part of the deficit is always thought to be fair enough, as it will self correct when recovery gets underway. Under this Bill it would not be permitted. Under pressure the government then told us that in such circumstances they would bring a new Deficit Bill to the Commons relaxing this one!

So Parliament wasted the best part of a day debating a Bill written by the Treasury to make the Treasury behave in a certain way for the next six years, only to be told that of course if things went wrong they would tear it all up. The Bill makes clear no Minister can be blamed or punished if they fail to hit the deficit targets!

Surely this is the final straw? Even the most ardent of Gordon supporting MPs ca'tn swallow this pathetic attempt to pull the wool over our eyes. The rumours of a senior minister resigning are unsurprising considering the utter mess Gordon Brown and his crony Balls are making of this country and the Labour party.

Gordon Incapability Brown's City Tax Exodus.

Well done Gordon Brown, you bloody great plum. You were warned about taxing the rich in an attempt to pander to your socialist core vote. Now your ruin of our economy looks to be in its final stage - a city tax exodus. Sky are reporting that one of the City's largest trading firms, Tullett Prebon, is allowing staff to relocate abroad to offices "with more certain taxation regimes". They are are also considering moving their headquarters to Singapore. Tullet Prebon employ 12000 staff and pump millions of pounds into the economy.

Sky News City editor Mark Kleinman said:

"This could have serious long-term consequences for the City of London.

"This represents the most potent signal to date of an imminent exodus from the City amid growing government hostility towards the financial services sector."

Chief executive Terry Smith, said the decision had been taken after staff raised concerns over the government's "explicit refusal to guarantee that similar 'one-off' taxes will not be imposed next year".

Just great. Good one Gordon, your legacy is coming along nicely. What a tit.

Alistair Darling gives PBR from "Position of Strength" - Poster.

Gordon Brown rapping - Impression Show - very, very funny.

Gordon Brown rapping - Impression Show - very, very funny.

Who is the biggest Liar - Brown or Mandelson?

After Gordon Brown and his incompetent bunch of ministers were caught out lying to parliament over spending cuts, it seems their preferred method to excuse their disgusting behaviour is to tell more lies. Peter Mandelson has been rolled out to do his "look into my eyes, not around the eyes" routine. There is no lie that Mandelson will not tell - no matter how unbelievable. His latest is to accuse the Tories of trying to create a "false impression" of government spending plans. Can you believe the sheer gall of the man?

Apparently Mandelson told Reuters TV:

"It's easy to take a leaked document, to selectively lift from that figures that are provided by officials but which don't represent ministerial plans."

The Tories did not selectively lift figures from this document - they took the full set of treasury figures that they received - and gave them to the press. And these are official treasury figures, not pie in the sky. And if they don't represent ministerial plans - then can Mandelson tell us what their plans actually are? Gordon Brown has been telling us for months that he will not cut spending, but on Tuesday he said he would cut spending. Then we found out that the treasury plans to cut spending by almost 10%, but now Mandelson is trying to tell us that they are not ministerial plans. Are ministers going to ignore treasury figures? Who or what are we supposed to believe?

One thing is for certain, the public can no longer believe a single word that Brown or his ministers utter.

Proof that Gordon Brown lied to the nation about cuts.

Gordon Brown has lied to parliament and the nation. When he repeatedly told us that he would increase spending - whilst the Tories would cut by 10% - he was intentionally lying. According to George Osborne, Brown lied to us whilst he was in possession of treasury documents outlining near 10% cuts he himself would have to make. We all knew Gordon Brown was lying to us, but now those treasury documents have been leaked to the Tories, we have the proof.

You would expect a decent man to resign in Gordon Brown's position, but we all know that the man who writes about courage has no honour or moral fibre. It's shameful that such a man is representing our nation.

George Osborne said:

"It's about trust and honesty... what they show - these are the internal government projections for spending - and they show that the government has been planning since the Budget a near 10% cut in departmental budgets.

"And of course since the Budget we have had Gordon Brown and others on programmes like this saying there was a choice between Labour investment and Tory cuts, and very specifically attacking us for being the people planning 10% cuts, and saying David Cameron was Mr 10% and so on.

"And now we know that Gordon Brown misled the public, misled Parliament, was not telling the truth, was sitting all the time on internal Treasury documents telling him the real truth."

Gordon Brown has intentionally lied to Parliament and the Nation. This is not just a bit of political mischief from Gordon Brown - he has lied about the future prosperity of this nation. If this does not warrant a call for a Vote of no Confidence, then I don't know what does.

Gordon Brown - I lied about spending cuts.

Gordon Brown is to finally admit (in a speech to the TUC in Liverpool) that he has been lying to the nation for the last four months. Since June (video) he has been adamant that a Labour government will increase public spending - whilst portraying the Conservatives as a bunch of nasty cutters. No one but the most loyal (or thick) would entertain this most blatant of lies - the man is truly incompetent. We have come to expect dishonesty from the government, but the pathetic lies Brown has been feeding us only show his great contempt for our intelligence.

Even now he is trying to use weasel words and spin to announce that he will indeed be cutting spending - he will say that his government will: "cut unnecessary spending on low priorities". What the hell does that mean? Are we to assume that they have been spending unnecessarily on low priorities for the last decade or more? I would like to think that every single penny I pay in tax is being spent for the good of the nation and my family - not being pissed down the drain on low priority, nice to have, money wasting, Socialist projects. One thing that seriously pisses me off is overseas aid. Why in the name of all that is holy are we giving hundreds of millions of pounds of taxpayers money to countries that have nuclear weapon and space exploration programmes? If they can afford nuclear weapons, massive armies and space rockets - then they should be able to feed their own people without dipping their corrupt fingers into my back pocket.

So what has caused this change of direction from Brown? i.e. from telling ridiculous lies - to almost telling the truth (obviously telling the whole truth is too big a step). It could have something to do with the rest of the Cabinet telling him that he is making them all look like (soon to be unemployed) fools. Maybe it has dawned on the Cabinet that the people aren't as stupid as they had hoped. The polls over the last few months have shown that the voters aren't buying Brown's crap anymore - and that he has lost what little credibility Tony Blair left Labour with. Or it could have something to do with the latest Populus poll? - 84% of people think there will need to be “significant cuts in public spending”, and 61% of respondents think Gordon Brown is a liability to his party. 65% of people think that another Labour politician would do better than Gordon Brown, with 48% agreeing that “literally anyone would do a better job than him”.

What a state to be in - will Brown go down in history as our most incompetent PM ever?

Useless FSA has to go to banks for loans?

You could not make this up. The Financial Services Authority has had to go to the banks to borrow money. The FSA has been absolutely useless since it was set up, being unable to control the banks, now it has failed to control it's own finances. To be fair the FSA did spot what was going wrong with the banking industry - it wrote many reports into bad practice and outright fraud - however it lacked the teeth to do anything about it and the government just ignored their reports.

From the Independent:

The Financial Services Authority has gone into debt for the first time and has been told by directors to review its cash flow. The regulator has drawn on a £100m credit agreement with Lloyds Banking Group and has concluded a further borrowing facility of £100m with HSBC.

The FSA spent £347m in the past year, but raised only £324m from fees and other revenues. Although the first facility was agreed with Lloyds before the credit crunch, it remained unused until this year. However, the regulator has already had to sign a further agreement to finance its expected deficit for the current year.

Full story HERE.

Gordon Brown's spending lies are not fooling voters.

I wrote yesterday that Gordon Brown was totally and utterly delusional if he thought that we would believe his "Tory cuts" lies. I also wrote that his legacy would be one of being a bloody liar.

Well it looks like I was right to believe that the people would not fall for Labour's lies this time. As soon as Brown came out with his false statement about increased Labour spending at PMQs last week, the blogosphere and the MSM were all over him. Yet still the fool has continued to spew out the same rubbish during the last week.

PoliticsHome has carried out a nationwide survey asking those taking part to name the party they feel are most honest about their tax and spending plans.

From PoliticsHome:

Labour failed to score an overall majority even with their own supporters; only forty eight per cent of Labour party supporters believe they are the party that is most honest about their spending and tax intentions. In contrast, the Tories and Lib Dems were both backed by eighty two per cent of their supporters.

The government's rhetoric on tax and spending has failed to convince independent voters. Only six per cent feel they are most honest, whereas thirty three per cent chose the Conservatives and twenty three per cent the Liberal Democrats.

I think that these results are pretty conclusive. Lets hope Brown keeps up the lies - they are obviously doing Labour more damage than the Tories.

More lies from Gordon Brown. Sunday Mirror.

Gordon Brown knows no shame. I'm also starting to believe that the man is an idiot. I don't like Brown, but I always thought he had a brain - now that is in doubt. When he lied about government spending last Wednesday at PMQs, he was quickly exposed by the blogosphere and the MSM. So why he thinks he can get away with the same lies today is beyond me.

He's repeated his claims that the Tories will cut spending by 10% while his government will increase spending. It's such a big lie, that only the pathetically loyal Sunday Mirror have the neck to print it. This is just stupid of Brown as the Blogs and the papers will take great pleasure in pointing out that he is lying again.

Brown's usual ploy of repeating lie so often that the people will believe it isn't going to work this time. Instead he is building himself a reputation as a liar. Surely the Cabinet cannot have backed this article? They all can't be that stupid surely? This is Brown shooting himself in the foot - again.

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