Skip to comments.Banks need family values, says Gordon Brown in extraordinary sermon to the City ahead of G20(???)
Posted on 03/30/2009 11:44:39 PM PDT by TigerLikesRooster
Banks need family values, says Gordon Brown in extraordinary sermon to the City ahead of G20
By James Chapman
Last updated at 1:59 AM on 31st March 2009
'Rise to the challenge': Gordon Brown will urge banks to abide by the same values we celebrate in everyday lives
Gordon Brown will today make an extraordinary appeal for family values to be applied to the financial system.
The Prime Minister will use a speech at St Paul's Cathedral to insist the first test of this week's G20 summit will be if it can agree to clean up banks across the world.
Mr Brown will call on world leaders to build a market system 'which respects the values we celebrate in our everyday lives'.
It will mark a major shift in focus for the G20 meeting, with proposals for another huge injection of money into the world economy effectively forced off the agenda.
German chancellor Angela Merkel, who has led opposition to a fresh debt-funded 'fiscal stimulus', twisted the knife yesterday by warning increasing borrowing would only store up more problems for the future.
Yesterday Mr Brown insisted world leaders meeting in London would 'rise to the challenge' and agree concrete measures to deal with the economic crisis.
(Excerpt) Read more at dailymail.co.uk ...
I'd rather my banker just kept "bankers values". At least then you'll know what you're dealing with.
Isn't exactly what your government is doing when it bails out banks, Mr. Brown?
The psychotic abusive father who is about 6000 paychecks in debt to his drug dealer is now lecturing the cowering frightened children about the value of money.
Why not? He is a son of the manse after all. Socialism in Britain, as has often been observed, owes as much to Methodism as it does to Marx.
What I find disingenous with this message is that if he really believes it is a serious priority, why wasn’t he saying so 10-15 years back when the economy was booming on the back of his debt based customer credit policies? His conversion comes too late and just too conveniently for me.
Yes, and a pack of feral dogs needs some table manners. Alas, neither is going to become reality anytime soon.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.