Thursday 2 October 2008

Not Getting It Makes Getting It Wrong Likely

The upsurge in discussion of the Westminster Prime Minister's state of mind and mental condition, from an already high level since he was declared to be psychologically flawed during the Blair administration, is notable across blogs and mainstream media.

There has been an attempt to rebut the view that concern is reasonable with the line 'there's nothing the matter with him, and if there is , so what? He's getting on with the job.'

Merlin Stone, a savings expert at Bristol Business School, reported in this morning's Telegraph, sums up the problem when discussing the shifting of billions into offshore and fully guaranteed accounts. He said: "This is a very damaging situation, and one brought upon [us] by Gordon Brown's inability to understand how ordinary savers think.
"He seems to have done a slide-rule calculation and worked out that just 2 per cent of people are not covered by the £50,000 guarantee.
"But it doesn't matter if it's just 2 per cent. People are panicking and they think – perhaps with good measure – this Government doesn't care about ordinary, middle-class savers. There is a logic to guaranteeing all savings."

And that logic would escape someone who does not get an emotional response to the loss of hopes and plans embodied in sums of money, no matter how small.

Misrepresentation has been a major characteristic of the Blair/Brown regime from the deliberate lies at the grossest level in the Iraq war, through the constant re-stating of the same policy measures as new undertakings, on through raising taxes on the poorest and taxes by stealth and fiscal drag, to this last grotesquerie -
draining deposits from the UK's banks and building societies during a financial crisis.

If you don't get it, or you can't get it, you are not fit to lead a government.

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