David Cameron demonstrates yet again that tribal spite is preferable to clear thinking …

Apparently David Cameron will not support Gordon Brown’s possible candidature to head the International Monetary Fund. Has the Prime Minister not realised that, were it not for Gordon Brown, he would not have any major UK-based banks to impose windfall taxes on as they would almost all have gone to the wall. The ‘Gordon Brown debt mountain’ nonsense spun by the the Prime Minister and the Cameronettes is brought to the point of ridicule by the fact that, in the last quarter of 2008, when dealing with the problems created by the Royal Bank of Scotland (RBS), Lloyds TSB and HBOS, the seismic change in borrowing from 46.3% of GDP to 145.7% took place. The National Statistics Office report shows that rescuing the banks more than trebled the Public Sector Net Debt. http://www.ons.gov.uk/ons/rel/psa/public-sector-statistics/february-2011/public-sector-finances.pdfBlame the banks Dave, not the man that had to rescue them.


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