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A great victory: Brown defeated over Gurkha rules

Gordon Brown’s government has suffered a shock defeat in the Commons on its policy of restricting the right of former Gurkhas to settle in the UK. MPs voted by 267 to 246 in favour of a Lib Dem motion that all Gurkhas be offered an equal right of residence. Tory leader David Cameron backed the Lib Dem motion to scrap rules which leader Nick Clegg called “shameful”. Mr Brown’s first significant defeat as PM came despite last minute concessions being […]

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Smile, smile, smile | Coffee House

Finally, Gordon Brown has at last done something to cheer us up – and released what is perhaps the funniest video ever to come out of No10 (watch it after the jump). via Smile, smile, smile | Coffee House.

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The Revolution: Ron Paul vs Alan Greenspan

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Ron Paul’s manifesto, The Revolution, is a remarkable read, not least for his account of Alan Greenspan: Few Americans during his tenure knew that Greenspan had once been an outspoken advocate of the gold standard as the only monetary system that a free society should consider. Not long after my return to Congress in the election of 1996, I spoke with Greenspan at a special event that took place just before he was to speak in front of the House […]

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Gordon Brown, the G20, hyperinflation and economic incompetence

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Gordon Brown promises increased economic intervention by the G20, including sales of gold reserves, and the emergence of “a new world order”: Janet Daley looks for comfort: Gordon Brown has announced – in his best portentous tones – that the G20 summit concluded that “global problems require global solutions”. What the summit actually proved was, to adapt Margaret Thatcher, you can’t buck national electorates. There will be no World Government today, thank heavens. The critique of Mr Brown’s summit (as it presumably must […]

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We were right to make debt a priority – David Cameron

Isn’t it ironic? As the Prime Minister tours the world lecturing other countries on how to run their economies, the Governor of the Bank of England has suggested that Gordon Brown doesn’t know how to run our own. via We were right to make debt a priority – Telegraph.

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Dan Hannan MEP sets about the Prime Minister in the European Parliament

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Lloyds Banking Group rocked by shock losses in HBOS – Times Online

Taxpayers could have to spend billions bailing out the banks again after massive and unexpected losses were disclosed by Britain’s new superbank. Shares in Lloyds Banking Group fell 32 per cent to 61.4p yesterday after it reported losses of £10 billion in HBOS, making it worth far less than thought when it was taken over in November. The news, a huge embarrassment for Gordon Brown, who helped to broker the deal, triggered speculation that the bank will have to come […]

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Gordon Brown: We are ‘sweeping away’ bonus culture of City banks – Telegraph

In a classic case of state intervention begetting state intervention: Executives at RBS, which is 70 per cent owned by the state, are pushing to pay their staff nearly £1 billion in bonuses, even though the bank needed a £20 billion capital injection from the Government to prevent its collapse last year. Opposition parties have said such bonuses should be blocked, but ministers have said they may be unable to stop the payments. Alistair Darling, the Chancellor, said on Sunday […]

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Our debt

Gordon Brown has failed spectacularly to manage our finances and he should be held accountable for it at the next general election. In the meantime, I’ll let this fade into the archive:

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Guardian: Crash Gordon ‘saves the world’

Gordon Brown’s slip of the tongue in PMQs was as hilarious as it was revealing. But it may also prove very costly. Just after midday today, we witnessed the gaffe that may eventually come to be seen as Gordon Brown’s defining moment as prime minister. You will see it on the television news tonight. You will see it on YouTube. It will be replayed whenever Brown’s career is recalled. It is all cruelly, ridiculously, terribly unfair. And yet … Prime […]

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