Comments on: John Redwood contributes to Queen’s Speech debate http://www.johnredwoodsdiary.com/2008/12/04/john-redwood-contributes-to-queen%e2%80%99s-speech-debate/ Conservative Party Candidate for Wokingham Tue, 16 Mar 2010 21:06:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Malcolm Edward http://www.johnredwoodsdiary.com/2008/12/04/john-redwood-contributes-to-queen%e2%80%99s-speech-debate/#comment-28641 Malcolm Edward Fri, 05 Dec 2008 11:57:18 +0000 http://www.johnredwoodsdiary.com/?p=2300#comment-28641 A very pertinent speech showing the wilful financial incompetence of this government. And you enunciated very well how this government is eschewing accountability and treating opposition with contempt. A very pertinent speech showing the wilful financial incompetence of this government.
And you enunciated very well how this government is eschewing accountability and treating opposition with contempt.

]]> By: Tapestry http://www.johnredwoodsdiary.com/2008/12/04/john-redwood-contributes-to-queen%e2%80%99s-speech-debate/#comment-28628 Tapestry Fri, 05 Dec 2008 09:33:54 +0000 http://www.johnredwoodsdiary.com/?p=2300#comment-28628 The EU is in in far worse financial crisis than has yet been revealed. Because most third world bad debts are held by European banks. Asia is not too bad (bar Korea) and most toxic debt is again in South America with Ecuador days away from default, as well as central europe. 80% of these bad loans have been made by european banks. The next tranche of the financial crisis will be the exposure of Europe's banks to a second line of toxic assets and bad debts, emanating from serial default of countries from these locations. France and Austria will be heavily hit as will Italy, Spain. Any crumbs Gordon offers his EU brethren will be meagre when compared to the size of the holes blown in EU banks once these third world collapses are added to their sub-prime losses. If a trillion dollars was blown in sub-prime, a second trillion has been blown in third world lending to corrupt regimes. Europe is about to hit another financial Titanic. The Euro is going to topple into the Mediterranean on the back of the coming collapse of confidence in European banking. Sarkozy will be choking on his cocaine. The EU is in in far worse financial crisis than has yet been revealed. Because most third world bad debts are held by European banks.

Asia is not too bad (bar Korea) and most toxic debt is again in South America with Ecuador days away from default, as well as central europe. 80% of these bad loans have been made by european banks.

The next tranche of the financial crisis will be the exposure of Europe’s banks to a second line of toxic assets and bad debts, emanating from serial default of countries from these locations. France and Austria will be heavily hit as will Italy, Spain.

Any crumbs Gordon offers his EU brethren will be meagre when compared to the size of the holes blown in EU banks once these third world collapses are added to their sub-prime losses.

If a trillion dollars was blown in sub-prime, a second trillion has been blown in third world lending to corrupt regimes. Europe is about to hit another financial Titanic. The Euro is going to topple into the Mediterranean on the back of the coming collapse of confidence in European banking. Sarkozy will be choking on his cocaine.

]]> By: mikestallard http://www.johnredwoodsdiary.com/2008/12/04/john-redwood-contributes-to-queen%e2%80%99s-speech-debate/#comment-28605 mikestallard Thu, 04 Dec 2008 20:09:41 +0000 http://www.johnredwoodsdiary.com/?p=2300#comment-28605 I have been reading and learning a lot from this blog for some time now and I can honestly say that you are not lying above: every word has been constantly on the blog along with (Austin Mitchell) simple suggestions about what could be done with the economy. I liked the bit, too, about the nature of parliamentary opposition. Right again! The Labour party has, in power, taken great pride in Labourising the House of Lords, the Speaker's chair, the Serjeant at Arms, the Metropolitan Police, several newspapers and the BBC. That is new. They rather remind me of the engine driver who, in order to enjoy his breakfast in peace, tied down the safety valves on the engine to stop them noisily letting off steam. The resultant explosion killed both him and his fireman. I have been reading and learning a lot from this blog for some time now and I can honestly say that you are not lying above: every word has been constantly on the blog along with (Austin Mitchell) simple suggestions about what could be done with the economy.
I liked the bit, too, about the nature of parliamentary opposition. Right again!
The Labour party has, in power, taken great pride in Labourising the House of Lords, the Speaker’s chair, the Serjeant at Arms, the Metropolitan Police, several newspapers and the BBC. That is new.
They rather remind me of the engine driver who, in order to enjoy his breakfast in peace, tied down the safety valves on the engine to stop them noisily letting off steam. The resultant explosion killed both him and his fireman.

]]> By: jean baker http://www.johnredwoodsdiary.com/2008/12/04/john-redwood-contributes-to-queen%e2%80%99s-speech-debate/#comment-28585 jean baker Thu, 04 Dec 2008 15:32:45 +0000 http://www.johnredwoodsdiary.com/?p=2300#comment-28585 John, Thank you for your wisdom and sanity on behalf of the public. John,

Thank you for your wisdom and sanity on behalf of the public.

]]> By: rugfish http://www.johnredwoodsdiary.com/2008/12/04/john-redwood-contributes-to-queen%e2%80%99s-speech-debate/#comment-28575 rugfish Thu, 04 Dec 2008 12:35:12 +0000 http://www.johnredwoodsdiary.com/?p=2300#comment-28575 Highly informative speech Mr Redwood, and I'm pleased you managed to make a reply to Brown's wrongful accusation which he made against you yesterday. I understand your reply to Bob Spink and I see the need for international togetherness to aid the financial crisis, but I also feel he has a point too. I can't see how us giving more money to Europe, for it to waste on hair brained bailouts and other fruitless things, is going to do the UK economy or our taxpayers any good at all. As for Austin Mitchell's unhelpful and discourteous comment, I think you may have been better had you let a lump of old English Oak intervene rather than the honorable member from Great Grimsby. Highly informative speech Mr Redwood, and I’m pleased you managed to make a reply to Brown’s wrongful accusation which he made against you yesterday.

I understand your reply to Bob Spink and I see the need for international togetherness to aid the financial crisis, but I also feel he has a point too.
I can’t see how us giving more money to Europe, for it to waste on hair brained bailouts and other fruitless things, is going to do the UK economy or our taxpayers any good at all.

As for Austin Mitchell’s unhelpful and discourteous comment, I think you may have been better had you let a lump of old English Oak intervene rather than the honorable member from Great Grimsby.

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