"Gordon Brown has a plan" - the European leaders are now following his lead to refinance the banks.
Is this because Gordon knows what he is doing or because other European countries haven't a clue how to sort out the financial mess we are all in?
Gordon got the country into the mess in the first place and now he is the saviour or is he? The stock markets around the world don't seem to think so.
Northern Rock is bailed out with billions and is now effectively Nationalised. Their record on repossessions is much more aggressive than other banks - in effect the Government is putting more people out of their homes in an effort to have the loans repaid and creating more problems for the dispossessed and the tax payer.
If the banks and bankers can be helped with tax payers money, why not the "Tax Payers" who are most in need?
With practically no manufacturing base and the finance industry in tatters where does Great Britain go from here?
This is the third time in my life-time a Labour Government has brought Great Britain into a recession , Harold Wilson and the "Pound in your Pocket" Jim Callaghan - "crisis" what Crisis? and now Mr. Brown.
Each time a following Conservative Government has turned things round - will this happen again in our life time?
That is the only glimmer of hope on the horizon - Gordon Brown and a Labour administration will only continue in the same direction if left in control of our finances.
It will take a long long time for Britain to emerge from this financial morass.
