Archive for pensions

Gordon Admits No Mistakes

The newspapers today are reporting that Gordon has admitted his mistakes in an aim to make a clean break with the Blair years.  These mistakes he has specifically admitted to are as follows:

  • Some mistakes made in Iraq
  • Some mistakes over ID Cards
  • The culture of celebrity

Cunningly, none of these mistakes could be directly pinned on Gordon and for most of them, Blair is more to blame.  Although quite who can take the blame for the “culture of celebrity” is anyones guess.  Gordon, of course, failed to admit his more numerous and gross errors as Chancellor, preffering to brush the following under the carpet:

  • Inflating enormous debt bubble
  • Destroying pension schemes
  • Massive PFI off-balance-sheet debts
  • Massively increasing tax burden through fiscal drag
  • Selling Gold reserves just before Gold tripled in value
  • Creating the biggest trade defecit in 10 years
  • Pricing hundreds of thousands of people out of owning their own home
  • Nose picking
  • etc

Conveniently the above mistakes were not mentioned.  Over the coming months and years, as the long term effects of these blunders become progressively clearer.

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