18 September, 2007

 

Crying wolf...

The Today programme was interviewing people queuing outside a Northern Rock branch. One patiently waiting accountholder explained that he had intended to leave his savings deposited with Northern Rock but had changed his mind after the Chancellor finally spoke up to reassure people that their money was safe and that its safety was underwritten by the Government.

After ten years of lies, spin and broken promises the impact of a New Labour promise is not simply nil but is actually negative.

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