Dear American Right, the $700 billion bailout is not socialism, which apparently you think it is.
Socialism is sitting over here, watching you cut off your nose to spite your face. Well, good luck with that, if that's what you really want to do.
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@ 29. Sep. 2008. – 21:11:05
Dear American Right, the $700 billion bailout is not socialism, which apparently you think it is.
Socialism is sitting over here, watching you cut off your nose to spite your face. Well, good luck with that, if that's what you really want to do.
I fear it's along time since Gordon Brown saw himself as a socialist. It's certainly a long time since he acted like one.
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Would socialism be what our Prime Minister going doing travelling at taxpayer's expense over to Washington to argue in favour of a bailout for his pals and their mates?
According to Guido Fawkes:
Paul Myners is a director of the hedge fund manager GLG, which with $25 billion under management is one of europe's biggest hedge fund managers. It was until recently 10% owned by Lehmans. Paul Myners gave money to Gordon Brown's leadership campaign and he also gave money to Gordon Brown's think-tank the Smith Institute. Gordon rewarded him with appointments to the Treasury's pension review.
Derek Tullet has also given huge amounts of money to the Labour Party. Tullet's broking firm specialises in servicing hedge funds who want to go short stocks and derivatives.
Gilad Hayeem of the Lehman Brothers backed $2 billion hedge fund, Marble Bar Asset Management (Cayman), contributed to Hilary Benn's deputy leadership campaign.