Petion for Mr Brown to resign

Worth taking a moment to add your name, if like most of the population your sick of the unelected fool who has singlehandedly left us in one of the worst financial positions in Europe, etc etc etc.

http://petitions.number10.gov.uk/please-go/

 

Saw it, signed it.

 

Likewise. The Sooner we get rid of him, the better this country might become.

 

Fine, if he goes, but I bet it'll be another bxxxxy politician that gets the job.:D

 

I have signed it but know that Brown is even less likely to take notice of this than he is any of the other petitions that appear on the site. Really this lot in Westminster with their dodgy expense claims, broken promises and dictatorial attitudes are just making mugs out of us all. Time for a complete change, IMO !

 

I couldn't agree more.

 

I am going to stick my neck out here, but it ain't Gordon Browns fault IMHO. It's Bush's (and his administrations) fault and there's little we can do about that.

I am told by my (much cleverer than me) husband to get myself prepared for tough times, because it will get very much worse before it gets even a bit better. He reckons three years before we're out of this recession. Gulp. Good job I'm growing my own veggies.

 

How so?

Bush is an idiot, no doubt. But we can't blame him for Britain's troubles.

If we are talking specifically about the current recession, yes it started in America, but its not their fault that we are stuffed. All UK financial institutions are regulated by the Financial Services Authority. The FSA is part of the government. If we rewind back to just before the recession kicked off, we saw a period of unprecedented and clearly unsustainable house price growth. At that time the government admitted that it threatened the future economy. Can you remember all the hype about trying to figure out ways of making more affordable housing? The same hype about key workers not being able to take jobs in certain areas because they couldn't afford to live there? The government acknowledged this, but did nothing. As regulators of the finance industry they had the power to nip it in the bud. They could have imposed a cap on mortgages to prevent people borrowing beyond their means, thus driving up house prices. They could have also took steps to discourage rich folks from buying up houses as investments. They did nothing. Why? Because they were buying property as investments (in their private capacity, not on our behalf) and so were loving the price boom.

So, a year or so ago we had the government saying they wanted to control house price growth, but actually doing nothing.

Now that house prices are collapsing, as many ordinary laymen knew they would sooner or later, all that earlier talk is forgotten. We don't mention it anymore. Now the government is trying to stimulate the inflation. How? By taking taxpayers money, money that should be getting spent on fixing our third world style roads, sorting out our decaying health service, supplying our brave lads and lasses in Iraq and Afghanistan with the kit that might keep them alive, schools, public transport etc. That taxpayers money, under the New Labour government, is going to the banks so they can afford to lend more money out to trap more people in debt that they can't really afford so that the rich continue to get richer while the poor continue to get poorer.

Now, under Gordon Brown, there has been an attempt to create some monopoly money. They did this in Germany just after WW1, and their economy completely collapsed. We've been assured that we we did is not quite the same thing, and it isn't really. What we've done is effectively sold shares in Britain at rock bottom prices, with the intention that when our economy eventually recovers, we will buy them back at massively inflated prices. When I say 'we' will buy them back, who exactly do I mean? I mean us, the ordinary folks of Britain who pay taxes. Rather than our tax money buying essential products and services for the benefit of our people, much of it will go to trying to buy back the shares in our country that our government is now selling.

That's just the recession covered. I could go on and on forever about other reasons Gordon Brown and his bunch of monkeys have completely knackered our country, but I suspect it would get quite tedious to read after a few pages.

 

Don't get me wrong Clueless, I know there have been some monumental idiot sized mistakes made, and I am FUMING with the way this government thinks that by handing cash out to plonkers who have been (badly) educated to know better, it will help people like you and I, normal people who just want to feed and clothe their kids and have a reasonably good day.

It hasn't gone unnoticed by me that these bankers are now under investigation for what they did with that handout-our money. It's a disgrace and these people need prosecuting and imprisoning for fraud in my opinion.


But the purchasing of bad debts (sub prime mortgages from America) was encouraged by OUR overspending. The promised land of milk and honey did not exist and no one held back.



Greed brought on this recession, greed and desire for things that do not exist.



Bailing out banks goes dead against capitalism. A bad business model HAS TO fail, it is the ethos of capitalism that only the successful and strong remain.


But, I doubt very much anyone could have done anything to prevent the tide of greed.


And you are 100% wrong Clueless about one thing, your post is far from tedious, it is inspiring.


But we have to get up of our own ar**s and make it happen. Demand prosecutions for these crimes. Refuse to pay those taxes we still have some control over. Cut up our credit cards.


Whilst we still have the freedoms not available to late 1930s Germany use them.

 

A number of people I know personally overstretched themselves a bit when taking out mortgages, not because of greed but out of panic. They saw prices rising faster than they could save, and wanted to try to secure themselves a home while there was still some hope of affording it.

I didn't make that mistake. I would tell my friends there is no way I'm paying £100k for a tiny little terrace in a less than desirable area. They would say 'but that's the going rate now'. To which I replied, 'I don't care if its the going rate. I like chips but if the going rate for a bag of chips was £100, I wouldn't buy any. Because something is the going rate doesn't mean its worth it'.

But yes, you are right, much of the trouble we are in is down to us. I'm not sure if its greed though, just what we've grown to expect. But then again, the FSA regulates lending, and desperate people will always try to borrow. Maybe the government should have stopped and thought 'hang on a minute, the total sum of money that people have borrowed is getting a bit large, maybe we should have a look at this'. It would not just be in the interests of the borrowers, but of everyone in the country. If you've used your credit card to buy lots of imported products, 50 inch plasma TV, Blue ray DVD etc, a Japanese, French or German motor, that is all money going out of the country in effect, with no guarantees of it ever being paid back. Especially when the same government has passed a law making it extremely easy to declare yourself bankrupt. The FSA, and therefore the government, had a duty to regulate lending and they failed. It is not just those that borrowed that might pay the price, but every taxpayer who has to contribute to the recovery of those losses.

 

I think I stepped over the mark a little. It is our own fault, but in the same vein, there is nothing wrong with wanting nice things.


I feel especially for those people who, out of the panic you describe, hastily purchased mortgages for houses that, in 5 yrs time, still won't be selling for the amount they were bought for-not because the houses aren't "worth it", but because the lendors are thin on the ground.


As far as credit cards and loans are concerned, the lendors are reaping exactly what they sowed. There are tens of thousands of punds of bad loans with bad credit agreements-unenforceable by law and there is a kickback happening. To bring it into the arena of gardening (why not?), if you sow a bad seed you know you are taking a risk of it ever yielding fruit.


Capitalism rules OK.


They have only themselves to blame. ( The dodgy loan companies that is)

 

I don't think you overstepped the mark

You are right in what you said, but I was just chucking in another aspect of the same story.

I agree that the greedy banks are getting what's coming to them, but sadly I don't think those who actually approved the bad loans are the ones that will pay the price. I suspect that while a few people might get fired, and some will find it hard to get a job elsewhere for a while, they will still be living in their posh houses and driving their Bentleys and Ferraris while the rest of us are struggling to make ends meet, without the consolation that at least our taxes are being spent on stuff that benefits us all. Next time you can't get to see a dentist without travelling 15 miles after waiting 2 months for your appointment, or next time you have to sit for a whole day in the outpatients section of a hospital, we can remind ourselves that those greedy banker will still have enough of our money to go private, and our hard earned tax money isn't going to improve the NHS because it has all been spent on bailing the banks who aren't just using the money to keep themselves afloat, but are using it to pay insane salaries to their directors, or obscene redundancy and pension packages to those that they felt they had to let go.

 

The labour government under Callaghan during the 70's messed it up and left it for the tories to put right and it is happening again. When the tories are elected they will sort it out as best they can but it will be a rough ride and just as it is starting to go right it will be election time again and the labour party will point out all that has happened during the tory term and lay blame squarely at the feet of them and their supporters even though it was/is rubbish labour policies that got us into this mess, I am not only refering to the recession or "The Credit Crunch" as it is affectionately known.The sad thing is that as an electorate we have short memories and like fools we will re elect the labour idiots in 2014.

As regards the petition,the government don't listen to or care what the electorate want so why would they bother to acknowledge petitions let alone act on them.

 

sighned, dont like that mr brown why he ever was made mp and hes ruined out country

 

Signed. Glad someone has finally started the ball rolling (yes, I know, I could have done it!)