"Credit where credit is Jew"... ...er...
Sunday, February 13, 2011 2:17:02 PM
'Credit where credit is McDougal'. It just doesn't have the same ring to it really. Still, if nothing else I've proved that I'm more ready (Readier?) to make a joke about my own countrymen than I am of those of a different religion.
And what exactly caused this crisis of one-liner humour in the first place? It's actually something that I noticed on this week's 'Question Time', and when I say "Noticed" I actually mean "So blatant that standing behind a bull as it defalcated would have been less obvious". It's something that I've been pontificating about ever since the coalition got in, but on this programme I simply couldn't understand why no one else seemed to notice.
The government is accusing the banks of not lending money to businesses that need the cash injection to continue trading through the depression that the banks caused in the first place. They are also accusing "The previous government" of borrowing money to get us through the same depression. Why is it right for business, but not right for the country?
Whether the Conservatives and Liberals agreed with the policy or not is immaterial. That 'previous government' had led us through the longest period of sustained growth in living memory, sidestepping at least three major depressions elsewhere in the world, by borrowing to ride us through the bad times and paying it back in the good times. For those of us at the bottom of the class structure the system worked, and looking back over the figures for the last few years it would appear that it was still working, it was the arrival of David Cameron that caused someone to shove a spanner in the works.
Cameron constantly declares that the country cannot live on credit, conveniently ignoring the fact that it has been doing so quite successfully for the last 15 years. Of course, Cameron is a millionaire, so he has no need to ever live on credit, but the rest of us sometimes have no option. I certainly couldn't have gotten through Christmas without my credit card, and as far as prudence goes, I leave Gordon Brown standing in the mist. People need credit. Businesses need credit. Why exactly shouldn't a country need it? Sensibly used credit is not the enemy, stupid bankers are the enemy.
But the Tories will have none of it. They continue to pedal the ludicrous theory that the Labour Party single handedly bankrupted the world, and that by way of thanks the world gave Gordon Brown an award for helping them to get back out of it.
Why exactly won't they admit that it was the banking system that crippled the world economy? After all, they're in power now, so they have no need to pedal the story to discredit labour any more.
Well, it's been disclosed that over half the Conservative Party's funds come from contributions by the banking sector.
Yup. That'll do it every time.