BROWN MULTI-TASKS.

To the sound of the pound crashing through the floor, plus the cranking up of credit (debt), both personal and national, our backward PM smiles through it all. He can even find time to remind the House about his world saving feats. Managing all this simultaneously takes considerable bluff.


Almost all of the Government's activity and initiatives are to try to keep property prices from sliding to a proper level, hoping to keep the Exchequer's returns at a premium. Well it's not working! The market will not be bucked. It might be possible to push it further down the road temporarily, compounding the ultimate problem which can't be avoided forever. Brown hopes that his tinkering will fix it until he can get a position in the EU, or something similar.


Our economy is one enormous mess, that won't be solved by any of the current crop of MP's. It's a job for a grown-up with proper banking and business experience. The national overheads have to be cut drastically. A weak currency may appear advantages if we had much to sell, unfortunately we are too reliant upon imports for our existence. The current lower price of oil is of little good to GB, as the Pound sinks from view, remembering that oil is purchased on the Dollar. We need a boost in increased interest rates. Incidentally, the Euro isn't strong, it's Sterling that is weak.






CONTRARY TO THE BROWN DOCTRINE, WE HAVE GOT TO SAVE.