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Bank of England Governor's Letter to Gordon Brown

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    Bank of England Governor's Letter to Gordon Brown

    Has anyone else read the letter from Mervyn King to Gordon Clown regarding the CPI rate rising over 3%, and the response written back?

    http://news.bbc.co.uk/1/hi/business/6562723.stm

    Is it me or is the whole thing a load of bollox

    #2
    Gordon Brown has signed his letter with a massive black crayon. He must be very sad.

    Comment


      #3
      it's bollux innit

      Page 2:" a sharp increase in domestic energy prices more than offsetting a fall in petrol prices"

      Page 3: "Sterling oil prices have risen by about 25% "(I thought oil was paid in dollars - so sterling's strength should have helped)"Higher petrol prices contributed significantly to the pick up of inflation in March" all helped by the 2.5p @litre increase announced in Aprils budget.
      How fortunate for governments that the people they administer don't think

      Comment


        #4
        I read it yesterday and at first I thought it was practical joke. The presentation, and the content look like someones having a laugh.

        I double checked - it was the BOE website.

        Comment


          #5
          It is a joke

          The Bank of England's Independence is, supposedly, a measure that gives the financial markets some faith in the UK economy.

          What we find out is that the biggest sanction for the MPC not meeting its target, writing a letter to Gordon, turns out to be a useless exercise in self congratulation.

          Comment


            #6
            look lads,

            I think you're all taking this stuff far too seriously

            go home, have a lie down, it will all look much better afterwards

            try to find something to be positive about instead of complaining all the time

            Milan.

            Comment


              #7
              Originally posted by milanbenes
              look lads,

              I think you're all taking this stuff far too seriously

              go home, have a lie down, it will all look much better afterwards

              try to find something to be positive about instead of complaining all the time

              Milan.
              Good point. You all ought to try and look inside yourselves and ask how it is that someone can get to be in this letter writers position, when, as people have pointed out, he makes such glaringly obvious mistakes, and why it is you don't have that job. When you've done that, then try to plan and improve yourself so you too can get such a job.
              Insanity: repeating the same actions, but expecting different results.
              threadeds website, and here's my blog.

              Comment


                #8
                exackery bunch of losers always complaining about their lot instead of doing something about it

                Milan.

                Comment


                  #9
                  Originally posted by milanbenes
                  exackery bunch of losers always complaining about their lot instead of doing something about it

                  Milan.
                  Indeed. I've just recently whitened my teeth, started emulating the gulping reflex of fish, keeping my hair unkempt, softened my accent, gained another 8 stone and started mumbling and bulltulipting while pretending to like Americans and started to buy everything on an endless supply of credit cards while telling my accountant that I'm loaded and it's never been better...
                  If you think my attitude stinks, you should smell my fingers.

                  Comment


                    #10
                    Originally posted by hyperD
                    Indeed. I've just recently whitened my teeth, started emulating the gulping reflex of fish, keeping my hair unkempt, softened my accent, gained another 8 stone and started mumbling and bulltulipting while pretending to like Americans and started to buy everything on an endless supply of credit cards while telling my accountant that I'm loaded and it's never been better...
                    Don't forget to pick your nose and eat the catch.

                    Comment

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