Thursday, May 10, 2007

Tony Resigns - Interest Rates Go Up!

Interest rates have gone up to 5.5%. The Brown era starts off with a bang!

21 comments:

Anonymous said...

The Brown era starts off with a bang!

I bet Gordon's whimpering, in private. Couple of weeks and it'll be the next masterstroke, Home Information Packs and the collapse of the house market.

Anonymous said...

Mervyn timed that very nicely.

Anonymous said...

There is at least another rate rise on the cards. It should happen just about when he takes over as PM.

Anonymous said...

I don't believe it.

Anonymous said...

Blair banging on in his resignation speech and how he's put the country first. It's widely agreed he's put ideology before the country.

Then he contradicts himself by saying he stood by the US after 9/11 on "belief".

He's clearly in denial and doesn't see the contradictions in his own mind.

Anonymous said...

Is that why ,the bbc and sky are shoveling the blair rubbish us ,mushroom growing at it's best.

Anonymous said...

Blair is delusional. I cannot listen to his narcissistic self-eulogising. He is demented and noone can forgive the Labour Party for letting this charlatan unbridled freedom to cr@p on the nation.

He cannot believe this rubbish without risk of being sectioned. Harold Wilson was a better man who left the scene quickly, quietly and unexpectedly - Blair is just one curtain call after another.

He will no doubt have Paul Anka's song My Way sung in the House of Commons and teenage girls throwing themselves at his feet

It is degrading to watch Blair's antics.....once we had a major nation and now it is like Eastenders

Anonymous said...

Pass the sick bag, Alice...

Anonymous said...

Higher interest rates can't be hidden but all eyes peeled for other bad news being buried today.

Anonymous said...

Lies, lies, lies.

Blair, you despicable traitor and war criminal, good riddance!

Now p*ss off and don't come back

Auntie Flo'

Wrinkled Weasel said...

The "Brown era" will end with a wimper - record house re-possessions, negative equity and bankruptcy.

Perhaps, the mix will include a little humiliation by his country of birth.

And more terrorism - so I suppose the bang theory will hold.

Anonymous said...

Only six weeks to go! Get the champagne out. If ever there was a time to celebrate.

By the way the Beeb has just announced that the cost of the ID card debacle has gone up another £400 million!

This government never changes! Only when we are rid of Labour can things TRULY get better!

Campaign For A Labour Free Britain

Pogo said...

Anonymous, May 10, 2007 12:25 PM, said...

Higher interest rates can't be hidden but all eyes peeled for other bad news being buried today.


Now you know... The cost of ID cards has gone up again!

Anonymous said...

Good day to bury bad news.

Mind you, better than 15%, remember Mr Cameron?

Chris Paul said...

Brown could SACK the iD cards debacle. There's an idea then.

Tories and the country may need reminding that there is still 10% more to go i.e. a trebling of this rate to match Maggie's best.

Good old Maggie! Top of the class for interest rates, repossessions, unemployment and inflation.

Brown is but a pale shadow ...

Anonymous said...

Blair , hand on heart I did what I thought was right ,with all his advisors and spads and civil servants, why is he saying I thought was right ,he's guessing and we pay him for guessing.

Anonymous said...

They will be 6% when he takes over as PM...

Anonymous said...

I take a lot of this BBC bias thing with a pinch of salt, but even I was shocked at the point scoring on the World at One this lunchtime.

After opening with a bit of Blair's nonsense, they went to an analysis of the interest rate hike. The ended the piece by shoe-horning a comment that although 5.5% is the highest it's been, it was higher "10 years ago" at 6.6%

Why didn't they just say "see, things HAVE got better under Tony"

I think they're missing the small point that the impact of 6.6% on the average mortgage 10 years ago was significantly easier to afford than 5.5% of mortgages today.

MJ

Anonymous said...

IR's going up is great news -- it will hopefully save some people from falling into the housing trap, and the sooner the housing bubble bursts and people can again afford to own a house, have a family and build communities (not so easy if you rent and move every 2-3 years!) the better. So many people are priced out of housing, no wonder people are reluctant to commit to having a family with kids and waste their money on booze and toys instead of building their life. And for those that try, 25% of their income goes on mortgage interest -- you cannot live like that and build a future.

Anonymous said...

I missed all of this! I would like to know if our dear leader gave a repeat performance of his Sue Ellen pout with the quivering bottom lip. I haven't seen that recently, but can remember the embarrassing interview he gave following Princess Diana's death. He's such a tosser really and I can only hope that he causes no further embarrassment between now and his (permanent) departure! Good riddance (I hope).

rate said...

the rise of the interest rates can only bring negative effects on the consumers. Their ability to borrow money is getting smaller, and the credits are less and less. After all, this will have effects on the transactions in the economy, and therefore minimize the banks' activity as well.