Gordon is a Moron

Wolfie — December 6, 2005, 1:55 pm

Gold price since 1999 Not a reference exactly to Graham Fellows’ Jilted John monologue but to our Chancellor of the exchequer Gordon Brown who yesterday released his “revised” economic growth forecast for the year.

Being someone who works in Finance I knew when he initially announced his growth figures that they were somewhere between a fantastic error of judgement and political lie to see his party through an election. The Iron chancellor always was a myth as he rode the coat-tails of a competent BOE and finance industry whilst keeping unemployment down by creating civil service jobs. What galls me is the complicity of the press who either don’t understand economics adequately or are blinded by the New Labour personality cult. This is a man who sold a substantial portion of our national gold reserves just prior to the most breathtaking bull gold run of post-war years (just take a look at that graph). If he worked in the City he’d be out by now for that alone.

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