.......again.
Surely the most inept PM of all time.

http://www.dailymail.co.uk/news/arti...etch-13bn.html

Why is it that hindsight is always in 20:20 vision?

Not really, there were plenty of complaints at the time that he was stupid to sell the gold off at the price he did or even sell it off at all.
It just looks even more ridiculous now that the price has hit an all time high.

Sold for just over 2 billion, now worth 13 billion.
A tidy profit (or gift) for someone, big loss for the nation.
No wonder he's got his head in his hands.

At the time, perhaps it seemed like a good idea, I don't know, because I can't begin to grasp all the financial ins and outs. Oddly, even tho I'm not in love with him, I doubt that at the time he said, "Let's sell off the gold because it's value is sure to rise!"

Most folk have enough sense to know that gold is ALWAYS a sound investment and over the long term usually stays well ahead of the rate of inflation.

Just another very basic error of judgement or downright stupidity more like, as was his failure to regulate the bankers and instead lick ther asses and give them a free hand to do as they wished, a fact that he has at least recently openly admitted to.

Failing to regulate them I mean, not lick their asses, but there again that wouldn't surprise me. lol.

Incidently, it is believed that partly as a result of the latest rise in gold prices there has been a huge increase in gold snatching, especially in immigrant areas where they really appreciate the value of gold.
Though not enough it seems to not have it openly hanging around their person making them easy mugging and snatching targets.

I long ago gave up giving a shit. I was once told that the average political leader has about as much control of things as does someone in a rowboat in a hurricane. That made so much sense that I just decided not to let it all get to me.

Deregulation, didn't the tories start itand labour fail to stop it.

All guilty.

I don't blame Gordo for all of the mess after all most of the rest of the world bar a few are suffering, but why can't he and the rest of his old gang just say sorry for what they did get wrong.

Jeez mate if they all said sorry for everything they had done, we'd be here till xmas.

True

basic error of judgement or downright stupidity ?
more like pure desperation to get some cash in the coffers.
ISTR he actually negotiated a discount for the buyer
DOH ! !

I would have thought some of the acolytes would have tried to stop him but with the level of control from Bliar and Blown they would probably have just pulled the pillows over head and kept quiet

Surely he is in office at the moment.
I think history will be quite kind to Gordon.

I trust no politician, least of all the ones in at the moment. I object to being told to go short by a millionaire with a couple of houses to spare.

I have a certain sympathy with a Greek woman who said 'We (the people) didn't cause this. The bankers and politicians caused this. They aren't suffering, so why should we?'

Without doubt all the UK PMs of recent times have made some major cock-ups, but I would suggest that Browns are proving the most costly by far to the country as a whole and its population.

He has already admitted to his drastic failures and misjudgement regarding the financial centres and banking.
Added to this is his ridiculous borrowing, like a kid who has just been turned loose with a credit card for the first time, apparently not giving a single thought to the likely consequences.

Other W. EU countries have suffered the same recession yet not suffered the same consequences simply by applying a little basic common sense.

Spain is a totally different case due to the economy relying far too much on development and tourism, whilst others further East are obvious basket cases with which the EU were dumb enough to lumber themselves.

The UK situation being so serious is down to nothing short of gross criminal negligence and stupidity beyond belief, leaving the UK population to pick up the tab for years or even generations to come.

Remember when the new Govt moved into Downing street to be greeted by a note from Browns cronies, "Sorry there's no money left".
In the final weeks preceding the election knowing they had little hope of winning they deliberately and blatantly threw around money they didn't have by commiting the next Govt to as many ridiculous and wasteful projects as they could dream up.

Downright bloody mindedness to make things just about as desperate as possible, on top of all that had gone before.
Chaining them up in the tower of London for the rest of their naturals would have been far too good for them in my book.

Dick we shall have to disagree on this, if you are making excuses for other countries including Spain then why not the UK.
I do agree though that Brown allowed public sector spending get out of hand, particularly with the employment of too many public sector workers.

However on his showing so far Cameron seems to me to be a liability. IMO he only entered politics because he couldn't cut it in the commercial world despite having a fortune spent on his education.

He is highly visible when things are going well but the moment there is a hint of trouble he disappears.

That is not leadership but shows him to be a man of little substance and worries me.

that sounds like Anthony Bliar