Best of the Week
Most Popular
1. The Trump Stock Market Trap May Be Triggered - Barry_M_Ferguson
2.Why are Central Banks Buying Gold and Dumping Dollars? - Richard_Mills
3.US China War - Thucydides Trap and gold - Richard_Mills
4.Gold Price Trend Forcast to End September 2019 - Nadeem_Walayat
5.Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - Anika_Walayat
6.US Dollar Breakdown Begins, Gold Price to Bolt Higher - Jim_Willie_CB
7.INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - Nadeem_Walayat
8.Will Google AI Kill Us? Man vs Machine Intelligence - N_Walayat
9.US Prepares for Currency War with China - Richard_Mills
10.Gold Price Epochal Breakout Will Not Be Negated by a Correction - Clive Maund
Last 7 days
The Hottest Sports Stock Of 2020 - 23rd Sep 19
Stocks Wedge At The Edge – Front And Center - 23rd Sep 19
Stock Market Top Almost Confirmed - 23rd Sep 19
Thomas Cook COLLAPSE! 300,000 Passengers Stranded, Flights Cancelled, Planes Grounded - 23rd Sep 19
Massive Stock Market Price Reversion May Be Days or Weeks Away - 22nd Sep 19
How Russia Seized Control of the Uranium Market - 22nd Sep 19
Dow Stock Market Trend Forecast Update - 21st Sep 19
Is Stock Market Price Revaluation Event About To Happen? - 21st Sep 19
Gold Leads, Will the Rest Follow? - 21st Sep 19
Are Cowboys Really Dreaming of... Electric Trucks? - 21st Sep 19
Gold among Negative-Yielding Bonds - 20th Sep 19
Panicky Fed Flooding Overnight Markets with Cash - 20th Sep 19
Uber Stock Price Will Crash on November 6 - 20th Sep 19
Semiconductor Stocks Sector Market & Economic Leader - 20th Sep 19
Learning Artificial Intelligence - What is a Neural Network? - 20th Sep 19
Precious Metals Setting Up Another Momentum Base/Bottom - 20th Sep 19
Small Marketing Budget? No Problem! - 20th Sep 19
The Many Forex Trading Opportunities the Fed Day Has Dealt Us - 19th Sep 19
Fed Cuts Interest Rates and Gold Drops. Again - 19th Sep 19
Silver Still Cheap Relative to Gold, Trend Forecast Update Video - 19th Sep 19
Baby Boomers Are the Worst Investors in the World - 19th Sep 19
Your $1,229 FREE Tticket to Elliott Market Analysis & Trading Set-ups - 19th Sep 19
Is The Stock Market Other Shoe About To Drop With Fed News? - 19th Sep 19
Bitcoin Price 2019 Trend Current State - 18th Sep 19
No More Realtors… These Start-ups Will Buy Your House in Less than 20 Days - 18th Sep 19
Gold Bugs And Manipulation Theorists Unite – Another “Manipulation” Indictment - 18th Sep 19
Central Bankers' Desperate Grab for Power - 18th Sep 19
Oil Shock! Will War Drums, Inflation Fears Ignite Gold and Silver Markets? - 18th Sep 19
Importance Of Internal Rate Of Return For A Business - 18th Sep 19
Gold Bull Market Ultimate Upside Target - 17th Sep 19
Gold Spikes on the Saudi Oil Attacks: Can It Last? - 17th Sep 19
Stock Market VIX To Begin A New Uptrend and What it Means - 17th Sep 19
Philippines, China and US: Joint Exploration Vs Rearmament and Nuclear Weapons - 17th Sep 19
What Are The Real Upside Targets For Crude Oil Price Post Drone Attack? - 17th Sep 19
Curse of Technology Weapons - 17th Sep 19
Media Hypes Recession Whilst Trump Proposes a Tax on Savings - 17th Sep 19
Understanding Ways To Stretch Your Investments Further - 17th Sep 19
Trading Natural Gas As The Season Changes - 16th Sep 19
Cameco Crash, Uranium Sector Won’t Catch a break - 16th Sep 19
These Indicators Point to an Early 2020 Economic Downturn - 16th Sep 19
Gold When Global Insanity Prevails - 16th Sep 19
Stock Market Looking Toppy - 16th Sep 19
Is the Stocks Bull Market Nearing an End? - 16th Sep 19
US Stock Market Indexes Continue to Rally Within A Defined Range - 16th Sep 19
What If Gold Is NOT In A New Bull Market? - 16th Sep 19
A History Lesson For Pundits Who Don’t Believe Stocks Are Overvalued - 16th Sep 19
The Disconnect Between Millennials and Real Estate - 16th Sep 19
Tech Giants Will Crash in the Next Stock Market Downturn - 15th Sep 19
Will Draghi’s Swan Song Revive the Eurozone? And Gold? - 15th Sep 19
The Race to Depreciate Fiat Currencies Is Accelerating - 15th Sep 19
Can Crypto casino beat Hybrid casino - 15th Sep 19
British Pound GBP vs Brexit Chaos Timeline - 14th Sep 19
Recession 2020 Forecast : The New Risks & New Profits Of A Grand Experiment - 14th Sep 19
War Gaming the US-China Trade War - 14th Sep 19
Buying a Budgie, Parakeet for the First Time from a Pet Shop - Jollyes UK - 14th Sep 19
Crude Oil Price Setting Up For A Downside Price Rotation - 13th Sep 19
A “Looming” Recession Is a Gold Golden Opportunity - 13th Sep 19
Is 2019 Similar to 2007? What Does It Mean For Gold? - 13th Sep 19
How Did the Philippines Establish Itself as a World Leader in Call Centre Outsourcing? - 13th Sep 19
UK General Election Forecast 2019 - Betting Market Odds - 13th Sep 19
Energy Sector Reaches Key Low Point – Start Looking For The Next Move - 13th Sep 19
Weakening Shale Productivity "VERY Bullish" For Oil Prices - 13th Sep 19
Stock Market Dow to 38,000 by 2022 - 13th Sep 19 - readtheticker
Gold under NIRP? | Negative Interest Rates vs Bullion - 12th Sep 19
Land Rover Discovery Sport Brake Pads and Discs's Replace, Dealer Check and Cost - 12th Sep 19
Stock Market Crash Black Swan Event Set Up Sept 12th? - 12th Sep 19
Increased Pension Liabilities During the Coming Stock Market Crash - 12th Sep 19
Gold at Support: the Upcoming Move - 12th Sep 19
Precious Metals, US Dollar, Stocks – How It All Relates – Part II - 12th Sep 19

Market Oracle FREE Newsletter

How to Invest in the Esports Revolution

Gordon Brown From Stalin To Mr Bean

ElectionOracle / UK General Election Nov 28, 2007 - 06:06 PM GMT

By: John_York

ElectionOracle

Vince Cable the acting Liberal Democrat leader encapsulated Gordon Browns fall during Prime Minister's Question's :"This House has noted the Prime Minister's remarkable transformation from Stalin to Mr Bean in the past few weeks."

Where did it all go wrong ?


* The Summer Floods ? ..... No

* Foot and Mouth Outbreaks ?.....- No

* Northern Rock Bank Run - Third Strike?... No

Where it starting going wrong was when Gordon Brown first hyped up the country towards an October General Election, then delayed and eventually bottled out of calling one. It was this event which shattered Gordon Browns image amongst the British people, ever since Gordon is increasingly seen as a Mr Bean figure stumbling from one crisis to another. It no longer matters that the crisis are not of Gordon's own making, for they just reinforce the image of incompetence and dithering.

For ten years, the marriage between Tony Blair and Gordon Brown held the country in its iron grip. Teflon Tony, with his grinning face and absolute fanatical determination of what he stood for coupled with Gordon Browns prudent hands on the economic levers saw Labour trounce the Tories at election after election with little hope of the Tories ever getting in power whilst the dynamic duo were in charge. But with each year, Gordon grew more restless in his position as Number 2, wanting a shot at Number one job. Unfortunately what Gordon did not fully appreciate was the fact that he would have to go it alone, a single parent to the leadership of the country. That without the experience of being prime minister, without the ability to deflect bad news, without a Number two that was trusted to run the economy.

So Gordon entered the political arena as half a prime minister. At first his distancing from events such as the worst floods in 150 years was seen as a sign of strength the calm hand at work behind the scenes. But then Northern Rock came along, the first bank run in 150 years. Still people blamed Alistair Darling, not Gordon, but Alistair was always seen as No Gordon Brown, No Number two to carry the economy forward. It was all on Numero Uno - Riding high on the Party Conference, Gordon let rip his political hounds as election fever gripped the country. But everyone but Gordon talked ? Where was the Prime Minister ? Nothing.. Silence.. Increasingly people became more irritated by the silence.

Next the Conservatives finally started to behave like a Tory party for a change and promised tax cuts, with a promise of a rise in inheritance tax allowance to £1 million. What did Gordon do ? He got his now weak chancellor, Alistair Darling to announce his own inheritance tax cut, but which quickly analyzed suggested it was more a slight of hand then a real cut in inheritance tax. Following this Labour's poll lead collapsed and Gordon Brown announced to the British Public that he did not have enough confidence in himself or in his policies to face the British Public. People now saw the difference between a decisive and determined Tony Blair and an indecisive weak dithering Gordon Brown.

Since which time, every crisis to hit the government has been directly harmful to Gordon Browns premiership, as Gordon Brown clearly has no Teflon coating !

Now, following hard on the heels of the incompetent public sector losing the entire child benefits records of 25million people on two unencrypted cd-roms, we have possibly criminal conspiratorial third party donations to the labour party. Not only is this bad to occur after a year long investigation into cash for peerages, but Gordon Brown clearly is unable to fend off the ever confident assaults from the opposition leader, David Cameron. The Blairites still smarting from Tony's departure are now perhaps sharpening their knives for a potential leadership competition, perhaps not now, but another year of bad news and it may be Gordon's turn to step down before the next election !

A weakening economy, a slumping housing market, rising taxes - The only hope for Labour, with or without Gordon is to manufacture an pre-election economic boom going into the deadline for a 2010 election.

By John York

(c) http://www.marketoracle.co.uk 2007


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules