Tuesday, October 14, 2008

Warning: We have entered a whole new reality, step carefully!

The Prime Minister has won international plaudits for his approach. Paul Krugman, an American economist who was today awarded the Nobel Prize for Economics, said: "Mr. Brown and Alistair Darling, the chancellor of the Exchequer, have defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up.

"This is an unexpected turn of events. The British government is, after all, very much a junior partner when it comes to world economic affairs.

"But the Brown government has shown itself willing to think clearly about the financial crisis, and act quickly on its conclusions. And this combination of clarity and decisiveness hasn't been matched by any other Western government."

And so spake the Daily Telegraph yesterday

And then there was the Reuters piece today

And the SNP are being mangled for their parochial economic views, what price the union now Mr Salmond?

Do not adjust your set! They are all proper quotations. Gobsmacking, n'est ce pas?

The bounciest of "bounces" have never bounced quite so high since the introduction of the bouncy rubber balls of the 1970s (mine had glitter suspended in it).


scouseboy said...

Gordon Brown has so badly needed something like this.
I hope this turns out to be the catylyst for a fouth term Labour Government. I have previously stated Gordon Browns performance since becoming PM has been poor at best, but this rescue plan has exceeded my all expectations. Lets hope Labour get the message further across to the electorate that they are the party that genuinely cares about Britain, also reminding them of the many good things Labour have done, such as tax credits and winter fuel payments. However, the REAL message that needs to get across is that all the people who make fortunes with OUR money the short sellers,and the rogue trades of this world BANKROLL the Tories

Anonymous said...

All dead cat's bounce when they fall

Louise Baldock said...

Well you might be right and then again you might not. We shall have to wait and see, but I still remain totally gobsmacked that the man that everyone was so heavily down on is now being feted as the great hope of the world. What an amazing turnaround. How long it will last is of course anyone's guess, no-one could have anticipated this set of affairs, could they after all.