| SciFiBoy said: On Topic: one of Browns better speaches, im glad he's warning the US off protectionism (which i understand much better now ive done some research into it online) i just wish he'd do more to get the banks lending and stuff here |
Well, he's doing as much as he can, and what he's doing is growing in size. I mean, in the past week we've heard of the £75 billion quantitive-easing, getting Northern Rock to lend £14bn in mortgages, and the Bank of England Bill which gives more control to it).
The London summit will be targeted at getting a world-wide regulatory banking system (which doesn't help much now, but it will in the future), as well as dealing with other things.
I personally think that Brown's Darling (see what I did there 
) are being a little steady on what they're doing. I don't think that they're going to nationalise the entire banking system simply because we're getting ever-closer to an election, Labour is in shit, and they don't want to lose even more votes (they would certainly lose a lot of the centrists). I'm also of a belief that this has something to do with the part-privatisation of the Royal Mail - it pleases more voters than it pisses off.
