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AIG and Brown

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So now we have 'lost' AIG as well. This is shameful, has America lost all of its senses, loaning it billions of dollars. I know this is economics not politics but what on earth is happening, this is the octopus economy, where tentacles wrap around governments and drag them down into the deep blue sea.

Gordon Brown cannot stay in his bunker waiting to say anything until the party conference. The oil price has collapsed, yet where is the reduction in the price at the pumps. He was responsible for the fall by going to Saudi and talking to the producers, so this is something he should be rightly proud of. But, now get the oil companies to bring down the price at the pumps.

Inflation, as measured by the Retail Price Index, is down from 5.0% to 4.8%, this is good, however it will fall further next month. Why am I confident of that. Because the October RPI is used to calculate pension and benefit increases. It is this month that the price of petrol will fall at the pumps having a beneficial effect on the RPI, I want it higher not lower. It can come down after my pension increase.

He will also want to tell us about the withdrawals from Iraq, the war is over as far as we are concerned. We can withdraw with our American Allies and the civil war can start. A Federal Iraq made up of three states.

As for Afghanistan, well the Americans are having problems with Pakistan, we are losing soldiers to death and injury, it is not that we have lost it is that there is no winner, everybody lost.

So, Gordon, you are keeping your powder dry for your validictory speech which will be cheered to the rafters by the party faithful, but you will not see in the new year as Prime Minister.

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