How Gordon Brown Broke Britain...

[NearAbbeyRoad]

People have selective amnesia. I lived under the last Tories. People living on the streets, cardboard cities, mass poverty, mass jobless, rich getting richer while poor got poorer. The country was visibly crumbling, as no money was spent on infrastructure. North Sea Oil and gas wasted on generating electricity - 60 yrs of coal left underground, which created economic growth.

Skylines of provincial cities under Tories never changed - look at them now. God help us under this lot. Back to stage 1!

[NearAbbeyRoad]

Fred in another of his vids stated that no one saw the Credit Crunch coming. Brown goes on the forecasts of certain agencies and ignores the rest. Since 1998 we have had monthly right-wing scares of price crashes wanting a bust to get Labour out. Economists had shouted, but Brown has to ignore them over the agencies - tat is how it works. If the CC never came in, Brown would have continued the boom. We all know booms bust, but no one saw it so dramatically as the Credit Crunch.

[TheZanipolo]

It's the mentality of Hitler's bunker - complete with asslicking sycophants like Mandelslime, Balls, and the 2 Millibabbles.

[rorshak73]

AndrewBenMcKay is living in an economically illiterate dreamworld. I wonder if the time has come to let Scotland go its own way - I don't want England to keep paying for Scottish wallies voting in Labour governments.

[Bellalodicci9]

Even the former Labour Defence Secretary John Hutton uttered those oh so prophetic words "Gordon Brown would be a fucking disaster as a Prime Minister". How right he was.

[pete6256]

Gordon Brown, what a pr**k!

He doesn't care about the silent majority of decent hardworking people who keep this country afloat.

I suspect Labour will do well at the next election when you consider how many criminals, civil service bureacrats and welfare dependents there are now in this country to vote for them.

[britishvaluesforever]

"Born Free - Taxed to Death" Buy a car sticker on Ebay show what you think

[videocruzer]

if we were born free we would not be taxed to death

[rockerteen8300]

They are playing the same game in the states, the western world can not compete with Asia because they use slave labor, watch the movie endgame and pass it on, they want us all to be slaves to the NWO, a system with two classes, slave, and master, the common people of the states are in the same boat with you.

[AndrewBenMcKay]

OK, well some of us actually lived under the Tories

[AndrewBenMcKay]

Things were a lot worse under the Tories.

Do you seriously think old Etonian Cameron and can do any better? He was adviser to Norman Lamont on Black Wednesday.

[Fonyod2008]

@AndrewBenMcKay

LIBLABCON ARTISTS'

Whose policies has Britain followed for decade's, you may be surprised to learn mainly they were Fabian Socialist policies!!

[AndrewBenMcKay]

I disagree, Labour fixed the country after 18 years of Tory rule.

Debt and unemployment were higher under the Tories.

[ttucker888]

Debt higher under the Tories! Is that some kind of joke? They inherited debt from the previous Labour government if that's what you mean.

I left the UK 2 years ago so whoever is in power doesn't effect me anymore. But I can tell you this - Gordon Brown has left the UK economy in a VERY bad state. Whoever gets into power in the next election is going to have to make really tough decisions to attempt to get things right.

[NearAbbeyRoad]

@ttucker888

Deficit under Tories was high - Labour put right and investment in infrastructure from 2002 because of 17 years of Tory neglect. The plans were near done taking the deficit down to 9 bn then a Northern Rock 25 bn bail out and then the full Credit Crunch

In the current economic system, Brown did well - you can't bluff for 11 years. The problem is the world's flawed economic system. Geonomics removes the root cause speculators from land and its resources - the root of the problem.

[AndrewBenMcKay]

Best stare in 45 years? Is that what you call record high interest rates 3 million unemployed and the closing of the pits.

[MaDMatteH]

Just seen a good comment which sums up labour & their handling of the economy, perfectly.

"Labour put everything on the UK's credit card"

Andrew, what happens when the bill hits the mat?. Because we haven't had it yet, have we?

[AndrewBenMcKay]

Can you honestly sit there and say Britain was well under the Tories. Maybe where you live, the effects weren't felt, but here in Scotland they were, and we will never forgive your party for what they have done - maybe that's why only 6% of Scotland actually support the Tories.

[MaDMatteH]

2.5 million unemployed, only 500,000 to go. That'll be when labour can't keep up with that annual £200 billion deficit & all those public sector non-jobs have to go.

Not to mention the huge amount of people on incapacity benefits, young people conned into going to university when there isn't the jobs out there for graduates (good to keep the jobless figure down).

Spin, lies & deceit = the Labour way. Some of us can see through it though Andrew.

[AndrewBenMcKay]

The CONservatives love to try and bullshit their way through things don't they?

You oppose every progressive policy that Labour introduced and then go on apologizing for it.

I love watching Cameron squirm when the NHS is mentioned, that's why nearly 70% of the Tories want a private health system - where insurance is compulsory .

[AndrewBenMcKay]

People seem to have forgotten what the Tories did to Britain, we are still paying for Thatcher's mistakes now - a whole generation hasn't recovered. Brown has given us 10 years of economic growth, the longest period of low inflation rates in over 40 years and record rates of employment, what did the Tories do?

[MaDMatteH]

They didn't get us into nearly 1 trillion pounds of debt you...you...wally! :-)

That has got to be paid back someday, to put it into context, income tax receipts are only about 150 billion a YEAR.

[AndrewBenMcKay]

Actually, debt was huge under the Tories, and whether you like it or not, investment is the best way out of recession, France did it, Germany did it and Japan did it, doing nothing isn't the answer...you wally.

[MaDMatteH]

Er, this country had a trade SURPLUS in 1997, Gordon Brown & Tony blair were gifted the strongest economy in Western Europe.

Now where are we, what is actually going to take us out of recession. We've had the massive debt bubble that provided the illusion of wealth.

Japan is still in deflation after 20 years of problems, Germany actually has a strong, wealth producing manufacturing sector.

The UK?... don't make me laugh you useless freak!.

[AndrewBenMcKay]

Useless freak...hmmm where have I herd that before?

Labour weren't gifted with anything after 18 years of the Tories, we fixed the NHS and put record amounts of funding into it, we got 1 million people back into work after it had soared to 3 million under you lot, and we cut crime by a third - it was at record rates at the height of Thatcher, no wonder.

[AndrewBenMcKay]

It was the Conservative ideology that got us into this mess, the idea that the markets will always self-correct.

It was the Tories that closed the pits, ruined the NHS, neglected the working class, tried the poll tax and took the WRONG approach to the economy.

[MaDMatteH]

It was growth in debt.

Low interest rates mean bugger all when buying a house, low rates = higher prices, which cancels out the effect of a lower rate.

What about savers?. Andrew, you are a fool of the highest order. Like most Labour supports, you lie & expect people to be thick & not understand what is actually going on

[AndrewBenMcKay]

A fool of the highest order? Ooo how nice and posh you sound.

You are deluded and stuck up - like ALL conservative voters, your stuck between being "progressive" and being "Conservative" I think you should continue to apologize for the 18 years of shit you gave the working class and make up your mind wether your progressive or not - cause let's face it, you can't be both progressive and Conservative can you?

[golfprobro4eagles]

Brown is not Ceaser and either is Odumba. This is the big deception. This lets all this guys friends and buddys off the hook for what they really are, evil and dirty people they are evil because they are liers. Its all smoke blown up your ass.

[clarkiesyeah]

Vince Cable for PM!!!!!!!!!!!

[clarkiesyeah]

Brown is clearly in the pockets of the "top" bankers...

I say, look who profited from this financial terrorism and there you will find the real rulers of this country...and most of the planet for that matter.

I know who made money when all else were losing theirs, do you? I urge you to look into it if you are really bothered about your freedom.

[delldave5]

the man should be inside for what he's done what a disaster of a man,he will go down as worst ever and thats saying something after blair.

[EvilMert]

He's the boss, It happened on his watch and his inate ability to spend means we have no pennies left with which to ride out the storm.

But of course it always happens this way. labour fuck up the economy, the Tories fix it and then labour fuck it up again.

[constant91]

Every other country in the west is in the same position. Let me guess its all Gordon's fault still.

[JBroMCMXCI]

He rushed Tony Blair out but turns out he can't handle it...tbh I could be a better PM than this guy. I would run it more like a business instead of all this saying what we think people want to hear...This guy is an idiot and cannot be trusted, take the expenses where he let it happen then when people found out suddenly it is 'very wrong' and 'shouldn't have happened' if this is true why did he let it happen in the first place?? Does this sound like the person you would want to run the country??

[bulltraderpt]

Hello from HPC! :-)

[Bethanxox123]

He's alright you idiots couldn't run this country so stop being so harsh remeber he does have emotions, feelings... stop bullying him cwhen he's only trying to do his best after all he is human. Also imagen if he was your dad and people like you lot were saying all these things about him how would you feel? People are so cruel you can never win people will always hate you in politices. This has just re infroced the fact that the majority of people are nasty and just out for them selves

[NeddLudd1811]

Boom and bust economics have been in operation ever since theres been a currency. If you want to understand how this one happened and how the next one is starting to shape up id recommend studying central banks and the forces around them rather than be distracted by bashing any one politician. Then you may understand why hes sold the gold, why the market got away with being unregulated and why interest rates were insanely low and why Brown refuses to take responsibility.

[sidensvans54]

Brown allowed the crash,, and Labour have ruined our

Country.

Illegal wars. Housing crisis. economic meltdown. Sold our country out to europe. Rising unemployment.

Islamic terror threat.

I could go on all day.

[michaelclarke18]

Everything Gordon Brown touches turns to sh*t, not dust.

[banpokies1]

Brown also allowed irresponsible gambling casino expansion...and the world recession has never been analysed in context of obscene poker machine or slots (machine) gambling spending and losses! How will our economies survive when we allow a dangerous product that causes three times the cost to fix its fallout than it yields in tax profit...is beyond me. Brown and his Ilk all want an easy ride and to con us, to stay long enough to get higher superannuation...it's a no brainer! Simple as that!

[Graham6762]

the socialist scum want to destroy britain and america

[yawnballsscratch]

Would appreciate the author's analysis of the role of the central banks in creating the housing bubble, facilitated by obediant politicians.

Also, role of the BIS and Basel II. To me, it's role as the lit fuse causing the final collapse is obvious (check the timing of it's implementation in the U.S., and similarities with Basel I and it's impact on Japan's bubble in the 90's).

I think for the central banks and the BIS the cloak of annonymity is slipping and they should be exposed...

[RenegadeTimes]

'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered

Thomas Jefferson ~ third President of the United States ( 1801-1809 )

[RenegadeTimes]

The big plan is a world plan. Brown , Bush Clinton, now Obama and the rest of his elitists . Crush the exsisting system and make the people conform ( be directed) to a new "order". One where a handful of elites rule the financial and political markets globally. The middle class reduced to poverty and the impoverished extinguished.

[sinitskyd]

British must be stupid to elect a fraudster whose last name is Brown (i.e. shit). But we in America are not much better having elected Bush (pubic-hair) to be our prez.

[ianclivewright]

Interesting analysis, I'm not sure that it holds with Blair though, perhaps Cockney rhyming slang for "pubic hair", for instance, when there's trouble in the Middle East, it always makes my Blair stand on end.

What about David Cameron, hang on, Cockney rhyming slang for "complete effete tit", yes you've got a point.

[thedavewalkershow]

Hi sinitskyd

we did not elect brown he took over when tony blair did a runer other wise known as the white house snake,or bush baby,

[sinitskyd]

Gordon Brown should be knighted and join the ranks of Sir Greenspan and Sir Rothchild

[snaed27]

whty blame Brown ....he is not calling the real shots ,the rothschilds are ...he is just a puppet ,a very stupid greedy puppet ,just like Blair was ....and look what he is making now ....

[kelly6739]

Why does anyone listen to this unelected muppet.

[HenryV1975]

what Gordon brown? Indeed!

[poida78]

Good video.

Yes the housing boom/bust was a global phenomenon, the UK's problem is that it also allowed a huge speculative property bubble to form.

People were allowed to borrow ridiculous amounts of cash on the assumption that they could always sell their investment properties for a profit. As prices approached 6x average salary the ceiling was found, and down it all came.

Other countries (eg Australia) regulated to prevent this, but Brown did not. THAT is why he is to blame for this crisis.

[stevo07cfcno1]

Gordon Brown should walk now.

[ludocrat]

The fact is, the post-Brown years are going to be painful.

We need to get used to that "new" reality,

[kjr63]

Mr. Harrison is right. Housing bubble does not follow from excessive lending, but happens even without it. Financial control does most likely not stop housing bubbles. Housing prices grow in the real economy as a result from speculation and the financial and monopoly power of the fixed supply of land.

[droper66]

politicians are puppets, once they fall out of favor another puppet will be put in. While the people remain WILLFULLY ignorant there will be no chance of keeping the puppet masters out.

[LeamingtonSteve]

what a totally useless piece of turd Crash Gordon is.

[talk0705]

Every Govt. want to make their citizens rich quickly, preferably in their term office. The first thing they do, force central banks to reduce interest rate. Give people and entrepreneurs credit at low rates, even if you prop up your fiscal deficit, "let them enjoy and spend they say". We have growth and bubble together, people love it and the Govt becomes hero.

[1kingrich]

Hold on Acrobat747, im not responsible for the financial mess the world is in, i work hard for little reward in retail, i rent my property(i cant afford expensive property),I dont have loans, yet you say everyone must take responsibility, well if you watched this through and understand the situation then Brown has a lot to answer for, he's been the chancellor and now the prime minister for 12 years, common sense people have tried advising him that a balloon was about to burst, he took no action.

[aceyorba]

I blame Bush and the US congress..

[TogusaM207]

I blame the American people since they are fucking reared like you.

[Acrobat747]

I have never heard as much nonsense for a long long time. This is bias reporting at its worst. How is it possible to blame a single person. You sound like a child.

Is Brown responsible for the sub-prime crises in th US. Is he responsible for the property greed boom in Ireland or Spain. Is he responsible for the serious problems in Eastern Europe.

What you are simply doing is blaming someone you don't like for everything. Everyone must take responsibility.

This is propaganda.

[siddhaam]

Brown undoubtably has much to answer for. But the same political and economic irresponsibility is world-wide.

Politics is in the pockets of the banking and corporate elites who are the true global rulers. the root of this crisis lies in a monetary and banking system that is privately owned, and effectively owns the world and runs it for its own ends.

Their end for this crisis is global central banking, as the basis and prequel to global political centralisation.

Welcome to their New World.