Amazingly, the US bail-out “plan” has been rejected. I say amazingly, as I was expecting it to be blindly voted through and then copied over here. I hope the rejection of the plan by Congress will give the government here pause for thought. It’s very pleasing to see Congress act on behalf of the taxpayer, although I do wonder of the representatives would have voted differently if they had not been in an election year.
And obviously, since my last post touching on Northen Rock, us British taxpayers are now going to be saddled with the toxic debt of Bradford and Bingley, at a cost of roughly £50billion – cheers, Gordon 
And don’t even get me started on Gordon Brown’s “age of irresponsibilty” comment – he was in charge of the treasury for the last ten years! Admittedly he did not cause the global credit crunch, but he could have practised some of that prudence he always talked about and put some money inside instead of using my great-grandson’s money (nb great-grandson not born yet) to pay us out of this mess!
For a better definition of this mess that Gordon Brown has got us in, the excellent Taxpayers’ Alliance has published a report on Gordon Brown’s economic failure, which makes for sobering (and blood-boiling) reading – can we not have a general election and chuck this bankrupt party out?
