tag:blogger.com,1999:blog-3881762807913180318.post3935676741050962561..comments2024-01-23T16:53:02.428+00:00Comments on Mark Thompson: Queen's Speech - where's the beef?Mark Thompsonhttp://www.blogger.com/profile/00744387583593537268noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3881762807913180318.post-71732323525130357402009-11-18T17:33:26.571+00:002009-11-18T17:33:26.571+00:00It cannot be true, surely - "...they might no...It cannot be true, surely - <i>"...they might not be trusted and they have regularly moved the goalposts in the past so they are going to put a legislative lock on themselves"</i> - for these are the same rogues who undertook not to blight the life chances of a generation by the introduction of tuition fees, made "cast iron" because they had "legislated to prevent this". No one would believe them again, nor forgive them - well saving the long-suffering, gullible and naively forgiving British public anyway. But this latest piece of spin is not aimed at them, rather the less naive capital markets perhaps.It is a forlorn hope.Cardinal Richelieu's molehttps://www.blogger.com/profile/07355424371874064362noreply@blogger.comtag:blogger.com,1999:blog-3881762807913180318.post-60338575231208501882009-11-18T14:08:18.046+00:002009-11-18T14:08:18.046+00:00More spin, smoke & mirrors...What else can we ...More spin, smoke & mirrors...What else can we expect? <br />Hopeless.. Bring on the election.Dippyness.https://www.blogger.com/profile/03074617995848289735noreply@blogger.comtag:blogger.com,1999:blog-3881762807913180318.post-14867560433612662802009-11-18T13:52:28.782+00:002009-11-18T13:52:28.782+00:00"If they have to use the Queen's Speech t..."If they have to use the Queen's Speech to do this then it speaks very ill of their reputation. They are basically saying that they understand they might not be trusted"<br /><br />I think this is dubious, I must say.<br /><br />I think that the Fiscal Responsibility Bill is, essentially political, although it is also very, very dubious. I don't think it's about "sending a message" to the markets, as statistics show that, for the moment at least, confidence in government borrowing compared to private borrowing is high. This will, of course, change once recovery get underway, but at the moment I think this is an attempt to steal the Tories' ground from under their feet.David Webernoreply@blogger.com