Finally we meet Mr Bond....

Here is a certain Gordon Brown a few years ago, arguing that a scheme to issue 3 billion in bonds to finance public investment in a criminally underfunded London underground system at the height of a bond market was 'unsafe' and 'questionable'. It would have cost every family in London £1000 he said.

Here is Prime Minister Gordon Brown when the market is heading seriously downhill proposing through a glove puppet to issue at least 24 billion in bonds to prop up a failed bank nearly doubling the size of the government budget deficit, all things remaining equal.

Te audire no possum. Musa sapientum fixa est in aure. As they used to say in Rome, just as this sort of thing was happening. Just before the fall.

Comments