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Only drastic action now will save us, says Gordon Brown
Philip Webster
London Times
Saturday, Nov 22, 2008
Britain would face an even more severe recession without the multi-billion-pound tax cut and spending package that will be unveiled on Monday, Gordon Brown said yesterday.
In a dramatic attempt to raise the political stakes before the most important Pre-Budget Report since Labour came to power, he said that if he did not act now Britain would pay later.
The report will include measures to stem the number of repossessions as Mr Brown and Alistair Darling desperately try to soften the impact of the recession on families and businesses.
(ARTICLE CONTINUES BELOW)
The Chancellor will announce on Monday that struggling homeowners will be given three months’ grace before lenders start repossession proceedings to give them time to renegotiate loans and seek financial help.
Schemes brought in three months ago allowing owners to sell parts of their homes to councils and to help the newly unemployed with their mortgage interest payments are to be widened and improved to make them available to thousands more families, The Times has learnt.
Banks are being told to let people in difficulties stay on in their homes, and the nationalised Northern Rock, which is said to have followed aggressive repossessing practices, has been told to change its ways. Courts are being told to consider alternatives before issuing repossession orders.
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11 Responses to “Only drastic action now will save us, says Gordon Brown”
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| By N2H | |||||||||||||||||||||||||||||||||||||||||
November 22nd, 2008 at 4:28 am
And who got us in this mess in the first place???? Enjoy your time in office, Mr Brown. You won’t be there much longer.
November 22nd, 2008 at 6:21 am
they need to import 30 million mexicans-that will solve all the problems-it worked in america-all phun aside-corruptness is out of control-if we do nothing-we are screwed-if we act out,short of all out revolution,we are screwed-the evil nwo probably controls all weapons of mass destruction on the planet-we are screwed-maybe the burd flu will get them-the mutated one they dont have the antidote for-elite nwo scum-i \luv/you
November 22nd, 2008 at 6:29 am
Due to the – literaly – many thousands of puntive, draconian, useless, dogmatic, ridiculous acts of legislation introduced over the past 10 years or so, by Brown and Co., most small buisnesses have been brought to their knees. A small buisness employing one or more people needs a licence and proceddure to allow employees to go for a sh*t.
It occured to me some years ago that – as they say – in the land of the blind the one eyed man is king. This seemed pretty relevant when Blair, Brown and Blunket were conspiring to usher in the new marxist police state. Blair with his 2 shifty eyes, Brown with only 1, due to an unfortunate accident when he was a young man, and Blunket who is fully blind.
Average eyes between the 3 of them = 1
November 22nd, 2008 at 3:55 pm
Gordon Brown’s nickname is the ‘Clunking Fist’ because he is an over-confident arrogant bully.The german for ‘fist’ is Faust and there is no politician today whose behaviour more closely resembles Dr.Faustus who made a pact with the devil for short term personal gain but later went to the pit of hell for his hubris. Unfortunately it looks like he is going to take all of us with him.
What you really need to wake up to on both sides of the Atlantic is that it is extremely probable that it was Brown himself who created this whole global nightmare.
Back in the early nineties Brown took his Summer holidays on Cape Cod with John Kerry, Edward Kennedy and Bill Clinton. At this time the strategy began under the Clinton administration of robbing the future to inject non-existent money into the current economy using unlimited construction coupled with sub-prime mortgage lending. No wonder Clinton was able to bring down the federal deficit.
Brown did not gain power until 1997 but ever since then he has exploited this strategy like an obsession. Even after the collapse of construction and mortgage lending he has clung to this method of robbing future tax-payers to finance unsustainable property ownership and a vast construction make-work scheme as a ludicrously contrived engine of economic activity.
There is a possibilty that Brown got the idea from his Democrat buddies but knowing the man’s character I am 90% convinced that it was Brown who put everyone else up to it and that this whole sorry mess originated with him when he was building economic sand-castles on Cape Cod 15 to 20 years ago.
November 22nd, 2008 at 4:01 pm
Says the weirdo himself. You caused it you Nazi criminal. Your ‘mate’ Anthony Blair told the FSA to go lightly on the regulation. Not that that had any effect because you will understand that the FSA, FOS are there to protect the financial industry (liars, fraudsters, criminals)
No, servant of the people Brown, people don’t care that other countries are having the same problems, you will not be allowed to use that excuse. You caused it. Allowing foreign powers to use British military assets is TREASON and you should be tried for treason.
All politicians go to hell when they die.
November 23rd, 2008 at 12:01 am
The people of the world are waking up. Do our leaders remember the French Revolution?? They better get their history books out. What is coming will be nothing short of a worldwide revolution. We refuse to obey our slavemasters any longer, we want our freedom, lives, and world back from the Rothchilds, Rockefellers, the so called kings and queens. They’ve pushed too far and now we’re taking this world back. Our Creator expects no less. God Bless you all and down with this evil New World Order.
November 23rd, 2008 at 9:10 am
Looking at history, i think the central banks better have some high ass security, the population will not stand for this bullshit anymore and i would guess they might express their displeasure of getting rapped by ending the Central banks existence. .
November 23rd, 2008 at 3:38 pm
Britain is a essentially Portugal’ Who remembers that country anymore, Anyway it still exists, and their only legacy is after raping, pillaging and castrating amazonians, Brazilian portuguese, This essentially is where the UK is headed without a shadow of doubt.To put it mildly, no-one really works in that country. The Maxist government basically employs over 75% of the working population directly and indirectly.Another 20 percent work for ‘companies’ which are government contractors. Only 5% actually produce anything at all, that is to say something that you can buy. The city of London is essentially controlled by foreign banks and all they do we already know about, – Ponzi scheme fraud experts) So when the dim clown Gordon Brown (GB) as in George Bush(GB) -why is satan try to tell us-, start evangelizing and getting orasmic on the thought of printing GBP , only a retard can not draw the conclusion that these freaks have sworn to destroy the nations regardless of what they cry on top of their lungs. How can any sane person ever say that the best way to solve the problem of being broke is to borrow even much more money that got you in trouble in the first place.Of course, he is not going to pay for it or even contribute a dime as he is bound to have been digested by maggots before long. People need to start thinking of physically get rid of these scum. They have sworn to satan and their mandate is sadistic
November 23rd, 2008 at 6:26 pm
How can you increase spending and reduce taxes? It makes no sense. Why don’t they just come out with it and tax every single person and extra $25,000? After all, that is what will eventually happen. Waiting as interest and inflation increases the amount to $40,000 won’t help, only delays the inevitable. The money has to come from somewhere, it can’t be printed up like play money forever. Sooner or later the piper will have to be paid.
November 23rd, 2008 at 6:31 pm
Total madness. They must cut spending and cut taxation. Will Europe implode into its nations again? Will Britain implode into Ireland, Scotland, England and Wales? Scotland has the oil, Wales has the gas, Northern Ireland has Southern Ireland and vast resources. England has coal and lots more. We can all be independent, and, if they fail in their attempts at world government, which I believe they will, with our resistance, this will be the result. And about time too.