Monday, 24 May 2010

The Eight-Year Decade

Still on the subject of Slasher, it was both predictable and profoundly depressing to see his recent speech to the CBI could have been written at any time in the last 15 years....  deregulation, tax cuts etc. etc (he even found time to bang on about the fall of communism).

No mention at all of the staggering failure of the world's financial system. None. Not a squeak. In fact, it's as though it never happened... as though the whole of 2007 and 2008 just disappeared into a huge wormhole.

All we get is the old mantra - private good, public bad.

This blogger can't be the only one that has a small part of him that wishes that Gordo and Darling should have let the whole system go crashing down.

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