Wednesday, March 19, 2008
Brown's Record is Worse Than Lamont's
Open Europe point out that the Pound has now fallen further under Gordon Brown than it did on
Black White Wednesday in 1992. So much for Brown's much heralded 'stability'. What they don't point out is that Gordon Brown's catastrophic sale of our gold reserves at the lowest point in the market has ended up costing the country more than Black Wednesday ever did. And another thing about Black Wednesday, does Brown seriously suggest that it would have been any different under Labour? They were even keener to enter the ERM than Nigel Lawson and Geoffrey Howe, and that's saying something.