Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Cameron says Conservatives are the only option | |
Posted by: | Nigel Brooks | |
Date/Time: | 04/05/15 15:29:00 |
I cannot agree Vanessa. had the last Labour administration paid any more than lip service to banking regulation (something which the Tories have done leading to HSBC bleating 'over regulation') then the UK banks would not have been able to follow the lead of Fannie Mae and Freddie Mac in ending to those who could never afford to meets their mortgage repayments. The banks would then have adopted a far more prudent lending policy, been more conservative (no pun intended) in their operations and not created the casino culture that pervaded the time that Labour were in power and would not have b]needed bailing out from the diminished public finances which were denuded by Brown's run for liquidity only achievable by selling our gold reserve. That's the unpalatable truth. |