Blah Blah Wrote: ------------------------------------------------------- > Gordon's flaw was his ego. He wanted to be Prime > Minister really. He definitely was responsible for > the ultra light regulation of the city in the UK > and there were aspects of trading that were > illegal in the USA but perfectly legal here. But > he and the Labour party were never solely > responsible for the global banking crash. ALL > countries were guilty of poor regulation, and > no-one worries about anything during the good > times. The economy was starting to recover when > the last election took place as well. Something > that Labour have failed to get accross. And the > Tories follow the mantra that if they tell a lie > often enough, people will accept it as the truth. > It may have worked on the economy but Cameron is > fooling no-one on welfare, food banks and housing > I think. Exactly. It amazes me how many have bought the Tory line that the recession was caused by 'Labour spending too much'. even though the Tories said they would match Labour's spending pledges. The real issue was lax banking regulation, but again, the Tories were calling for less 'red tape' and less regulation in opposition, not more. There is also a good argument that by talking down the economy relentlessly when they were elected, the Tories actually did a lot to halt what was at the time a recovering economy.