Thursday, 4 February 2010

Will we fall for it?

The story so far:

Gordon tells Mervyn to start printing money and make it cheap by lowering rates in early 2008 to anaesthetise the population into thinking we're not in an almighty mess....and so help him to get elected in 2010.

Then he tells the nationalised banks not to foreclose on those that can't pay their mortgages...and so help him get elected in 2010.

Then he tells the various agencies to redefine unemployment via the way benefits can be claimed to make the unemployed figures look smaller..to help him get elected.

Then he tells Mervyn to say that printing money and low interest rates are here to stay for a while so that those now enjoying lower monthly mortgage payments feel better off... to help him get elected.

Then he gives our money away to help people buy a new car but when GDP shows only small growth ie 0.1% he extends the scheme and gives some more of our money away..to help him get elected

Then he tells the Liberals they might get into government through AV ...to help him get elected

...and on ...and on... it goes.

Will we fall for it?

Interim Managers should hope he stays in power since there should be more opportunities as he mortgages away more of our future....will they fall for it?

Homeowners should hope he stays in power...will they fall for it?

But there is one group who won't fall for it...the international money markets. No - they will call Gordon's bluff before the election aand expose the mess we're in.

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