The culpability game
Peter Hoskin 1:46pmThis seems like some kind of credit crunch milestone: a minister admitting that no-one, not even the government, can completely escape blame for the current financial crisis. In doing so, the City minister Paul Myners has departed from the line we've been hearing from No.10 so far - that, in the Age of Irresponsibility, the irresponsibility was all on the part of the bankers. The question is whether this change in tone has the blessing of the Team Brown spin merchants.
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TrevorsDen
October 23rd, 2008 2:37pm Report this commentBrown should realise its not just the age of someone else's irresponsibility - its the age of HIS irresponsibility as well.
Fat Chance.
The relegraph web says theres a fall in food sales for first time since 1960's.
I do not think the glitterati classes realise on just what flimsy foundations Browns era of growth has been built . The growth is in fact bogus and the recession will in act bite deeper than those previously -- because the 'wealth' was more ephemeral.
Dalesman
October 23rd, 2008 4:46pm Report this commentTrevorsDen: Couldn't agree more. In fact the "wealth" was debt, people using credit cards, overdrafts and second mortgages.
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