Categories
Scottish Referendum

Gordon Brown and Alistair Darling Architects of the UK financial crisis of 2007

Various reports seeking to identify and analyse events contributing to the financial crisis in the UK of 2007-8, said, with clarity that the financial collapse was entirely avoidable. The, “billionaire bankers of finance” and the UK Treasury charged with stewardship of our financial systems had persistently ignored warnings and declined to raise questions so that they would be able to better understand, and effectively manage ever growing risks within the financial markets thereby protecting the UK public.

That the, “billionaire bankers of finance” suffered nothing in consequence of their actions is now part of the history of the crisis, and has lead the UK public to the belief that the rich are beyond punishment but the man in the street is fair game. Indeed recent changes in taxation now provide Inland Revenue with legal, direct access and withdrawal of tax from the personal accounts of UK taxpayers if, in their view money is owed to them. In essence then the file and record of the greatest financial and most destructive fraud in history has been closed and not one banker has been prosecuted. Unbelievable

Financial Stewardship in the UK in the period 1997 – 2010 was the responsibility of Gordon Brown and Alistair Darling. They failed the country yet outrageously continue to strut their stuff on the Scottish political stage seeking to direct, in their favor, the outcome of the 2014 referendum. But they are discredited politicians who in their arrogance believe that the Scottish electorate hold them and their jaundiced views in high regard. Not so, as they will find out next week. Vote, Yes” in the referendum.

Categories
Scottish Referendum

Flipper Darling – A Disaster

Surprise resignation

Without explanation, Alistair Darling recently stepped down from the body which represents lawyers, (Faculty of Advocates) with whom he had been admitted to practice as an advocate before the Courts of Scotland. Although he had proudly retained his membership of the Faculty long after he gave up practicing law, he may well have believed he had no alternative but to resign when it began an inquiry into his conduct following the The Daily Telegraph’s disclosure that he had “flipped” his second home three times in four years and put his accountant’s fees for tax advice on his office allowance. While entitled to a grace-and-favour flat in Downing Street, Darling had claimed living costs against a flat in London and his family home in Edinburgh at different times

http://www.telegraph.co.uk/news/politics/labour/6968208/Alistair-Darling-resigns-from-law-body-as-it-investigates-his-conduct.html

Loss of child benefit data

Alistair Darling was yesterday forced to explain to lawmakers how two unencrypted disks containing records of 7.3 million families claiming child-benefit payments had gone missing from the tax authority, which is overseen by the Treasury. The loss, the largest of its kind in U.K. history, lays open the 25 million people named in the data to the risk of fraud and theft.

http://privacy.org/archives/002176.html darling