Best of the Week
Most Popular
1. Five Charts That Show We Are on the Brink of an Unthinkable Financial Crisis- John_Mauldin
2.Bitcoin Parabolic Mania - Zeal_LLC
3.Bitcoin Doesn’t Exist – 2 - Raul_I_Meijer
4.Best Time / Month of Year to BUY a USED Car is DECEMBER, UK Analysis - Nadeem_Walayat
5.Labour Sheffield City Council Election Panic Could Prompt Suspension of Tree Felling's Private Security - N_Walayat
6.War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 - Stewart_Dougherty
7.How High Will Gold Go? - Harry_Dent
8.Bitcoin Doesn’t Exist – Forks and Mad Max - Raul_I_Meijer
9.UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall - GoldCore
10.New EU Rules For Cross-Border Cash, Gold Bullion Movements - GoldCore
Last 7 days
Carillion Bankruptcy and the PFI Sector Spiraling Costs Crisis, Amey, G4S, Balfour Beatty, Serco.... - 16th Jan 18
Artificial Intelligence - Extermination of Humanity - 16th Jan 18
Carillion Goes Bust, as Government Refuses to Bailout PFI Contractors Debt and Pensions Liabilities - 15th Jan 18
What Really Happens in Iran?  - 15th Jan 18
Stock Market Near an Intermediate Top? - 15th Jan 18
The Key Economic Indicator You Should Watch in 2018 - 15th Jan 18
London Property Market Crash Looms As Prices Drop To 2 1/2 Year Low - 15th Jan 18
Some Fascinating Stock Market Fibonacci Relationships... - 15th Jan 18
How to Know If This Stock Market Rally Will Continue for Two More Months? - 14th Jan 18
Everything SMIGGLE from Pencil Cases to Water Bottles, Pens and Springs! - 14th Jan 18
Land Rover Discovery Sport Very Bad MPG Fuel Economy! Real Owner's Review - 14th Jan 18
Gold Miners’ Status Updated - 13th Jan 18
Gold And Silver – Review of Annual, Qrtly, Monthly, Weekly Charts. Reality v Sentiment - 13th Jan 18
Gold GLD ETF Update.. Bear Market Reversal Watch - 13th Jan 18
Stock Market Leadership In 2018 To Come From Oil & Gas - 13th Jan 18
Stock Market Primed for a Reversal - 13th Jan 18
Live Trading Webinar: Discover 3 High-Confidence Trade Set-Ups - 13th Jan 18
Optimum Entry Point for Gold and Silver Stocks - 12th Jan 18
Stock Selloffs Great for Gold - 12th Jan 18
These 3 Facts Show Gold Is Set to Surge in 2018 - 12th Jan 18
How China is Locking Up Critical Resources in the US’s Own Backyard - 12th Jan 18
Stock futures are struggling. May reverse Today - 12th Jan 18
Three Surprising Places You See Cryptocurrency - 12th Jan 18
Semi Seconductor Stocks Canary Still Chirping, But He’s Gonna Croak in 2018 - 12th Jan 18
Land Rover Discovery Sport Panoramic Sunroof Questions Answered - 12th Jan 18
Information About Trading With Alpari And Its Advantages - 12th Jan 18
Stock Market Investing 2018 - “I Hope I’m Making a Bad Buy” - 11th Jan 18
S&P 500 Fluctuates As Stock Market May Be Topping, Or Not? - 11th Jan 18
SPECTRE Microprocessor Security Flaw - Big Brother = You - 11th Jan 18
7 Market Forecasts 2018 from the Brightest Financial Minds I Know - 11th Jan 18
It’s Not Enough to Be Contrarian - 11th Jan 18
Stocks That Take One for A Roller Coaster Ride Through the Thick And Thin Of Every Single Investment Made - 11th Jan 18
Police Arrest Tree Protester on Meersbrook Park Road, Sheffield - 10th Jan 18
Stock Market Aggressive Sell Signals - 10th Jan 18
The 2018 Decline in Precious Metals - 10th Jan 18
Gold Hits All-Time Highs Priced In Emerging Market Currencies - 10th Jan 18
TMV : 3X Leveraged Short on US Treasury Bonds - 10th Jan 18
Here are the Key Levels in Gold & Gold Miners - 10th Jan 18
Investment Advice That Probably No One Gave You Before - 9th Jan 18
S&P 500 Sets Another Record, But This May Be Short-Term Top - 9th Jan 18
Failure of War Party Foreign Policy - 9th Jan 18
Buying a Land Rover Discovery Sport HSE Black - Interior Review - 9th Jan 18
More Important Than Gold’s Bottoming Price - 9th Jan 18
Getting Bullish on Gold - 9th Jan 18
Share Market Is One Of The Most Encouraging Opportunity For Young... - 9th Jan 18
Stock Market Close Call... - 8th Jan 18
If You Hold VT Or Any Other Global ETF, You’ve Put All Your Eggs In One Basket - 8th Jan 18
Blowup with China or North Korea Could Change Almost Everything Overnight - 8th Jan 18
The Real LORAX and Once-ler's of Sheffield's Street Tree Felling's - 8th Jan 18
Share Trading is an Interesting for Everyone - 8th Jan 18
The Way to the New Cold War - 8th Jan 18
A little Stock Market Euphoria? - 8th Jan 18

Market Oracle FREE Newsletter

6 Critical Money Making Rules

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


© 2005-2018 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