responsibility for the mess we are in but sees it as an opprtunity to
promote left-wing ideology.
The Socialist at the end of this article is revealed. Brown would
immerse Britain in a nightmare of mediocrity and failure, supervised
by people who’ve never created wealth in their whole lives. It’s
frightening.
Today I’ve had my attention drawn to what the original socialist said
- -
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Voice from the grave Oldie April 2009
“Owners of capital will stimulate the working class to buy more
and more expensive goods, houses and technology, pushing them to take
more and more expensive credits, until their debt becomes unbearable.
The unpaid debt will lead to bankruptcy of banks, which will have to
be nationalised, and the state will have to take the road which will
eventually lead to communism.”
Karl Marx, Das Kapital, 1867
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
xxxxxxxxx cs
========================
TELEGRAPH 17.3.09
Gordon Brown insists he takes 'full responsibility' for his role in
banking crisis
Prime Minister Gordon Brown has insisted that he takes "full
responsibility" for his role in the banking crisis.
By Robert Winnett, Deputy Political Editor
However, he has once again refused to apologise for mistakes made
during his time as Chancellor and claims his failure was not to warn
the international community.
Speaking to The Guardian, Mr Brown said: "I take full responsibility
for all my actions, but I think we're dealing with a bigger problem
that is global in nature, as well as national. Perhaps 10 years ago
after the Asian crisis when other countries thought these problems
would go away, we should have been tougher ... keeping and forcing
these issues on to the agenda."
The comments, billed as a partial apology, are unlikely to be warmly
welcomed by several ministers who have sought a full apology.
Alistair Darling, the Chancellor, and Ed Balls, a former Treasury
adviser, have both accepted failures in the regulatory system.
David Cameron, the Conservative leader, last week spoke of his regret
for the opposition's failure not to foresee and warn of the problems
earlier.
Mr Brown also said in the interview that "laissez-faire" capitalism
has failed and urges Labour to not be afraid to intervene in markets
in future.
"The 40-year-old prevalent orthodoxy known as the Washington
consensus in favour of free markets has come to an end," he said.
"Laissez-faire has had its day. People on the centre-left and the
progressive agenda should be confident enough to say that the old
idea that the markets were efficient and could work things out by
themselves are gone."
The Prime Minister indicates he will attempt to cap executive pay at
the forthcoming G20 summit. He said that pay should reflect "hard
work" and values rather than risk-taking. [The idea of capping
executive pay world-wide at a G20 summit is probably the most batty
idea yet! On what basis? Companies are in business to make a profit
and they must decide what an executive is worth. Letting politicians
and bureaucrats loose on this would be be a farce -cs]
"Most people want business to have the same values as they practise
in their everyday life," he said. "People would rather reward hard
work rather than risk-taking. [ ‘Hard work’ alone is not enough for a
company’s success. “Risk taking” is what makes any progress
possible. Those who take risks must be able to gain exceptional
rewards for success and lose out if they fail - cs] They want to
support enterprise and not excess. They want to support people that
take responsibility and not run away from it."
======================
TELEGRAPH Blogs 17.3.09
Gordon Brown and the credit crunch: is he sorry or not?
Posted By: James Kirkup, Political Correspondent
Wow. I'd always thought that Tony Blair's brilliant non-apology over
Iraq in 2004 was the best bit of faux-regret sophistry we'd see.
"The problem is I can apologise for the information being wrong but I
can never apologise, sincerely at least, for removing Saddam," Mr
Blair said, delicately suggesting that those seeking his apology
couldn't see the wood for the blood-stained trees.
But Gordon Brown is getting close to the Blairite heights of
casuistry over the brilliant new economic model he created in 1997
and has overseen ever since. You remember, the one that put an end
to boom and bust...
Consider this from his interview this morning:
"I take full responsibility for all my actions, but I think we're
dealing with a bigger problem that is global in nature, as well as
national. Perhaps 10 years ago after the Asian crisis when other
countries thought these problems would go away, we should have been
tougher ... keeping and forcing these issues on to the agenda."
Got that? Mr Brown is very sorry, only not about anything he actually
did wrong. Still, from a distance it looks a bit like a sort of an
apology, something that can be built on.
So may I humbly offer the good people of No 10 the following
suggestion for their next draft?
"I apologise. I am wracked with regret and remorse. I am truly,
humbly, deeply and sincerely sorry.
"I am sorry I wasn't even more brilliant and far-seeing. I am sorry
you didn't listen to me a decade ago. I'm sorry everyone else got it
wrong. I'm sorry for your mistakes. I'm sorry you're blaming me for
your frailty. I'm sorry my Cabinet want me to apologise. I'm sorry
people keep asking me these questions. I'm sorry, but that's all
you're getting."