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[News] Alistair Darling RIP







Skuller

Well-known member
Jun 3, 2017
272
He always seemed to be on top of things with good judgement and sound policies. He handled the financial crisis well: intervening when he needed to for the national good and stepping back when it was better for the market to resolve issues. He reduced VAT temporarily which was derided as a waste of time but which seemed to stimulate the economy in its hour of need.

I just wish we had that level of competence from the current batch of politicians from both sides.
 




















Leekbrookgull

Well-known member
Jul 14, 2005
16,245
Leek
I stand to be corrected but at the time of the banking crisis was it actually genuine that the line of the cash points were about to run dry of cash it was Darling who intervened and kept the cash flowing ?
 








vegster

Sanity Clause
May 5, 2008
27,886
Blimey, another one gone today....busy day , Shane, Alistair, Henry, and now Jimmy Corkhill ! RIP all but, maybe not Henry.
 












Machiavelli

Well-known member
Oct 11, 2013
16,630
Fiveways
A politician with gravitas. Not exactly overburdened with them at the moment. Honest, good communicator, and we're lucky that we had him in the run-up to and the saga of the financial meltdown, not forgetting its aftermath. Very early but maybe a relief after a long struggle.
 




Randy McNob

Now go home and get your f#cking Shinebox
Jun 13, 2020
4,447
He liked printing money, we're still paying the price for that now
Is the right answer

Interesting ted talk which debunks the myth governments saved the banking sector when in fact they made it worse


Oh yeah....RIP
 


Sid and the Sharknados

Well-known member
NSC Patron
Sep 4, 2022
3,982
Darlington
Is the right answer

Interesting ted talk which debunks the myth governments saved the banking sector when in fact they made it worse


Oh yeah....RIP

It's not "the right answer".
I haven't watched the talk (because I'm in a pub very cheerful that we just won), but I know enough about economics to know that anybody who says a government should have done X with any degree of certainty is talking out of their ARSE.
 


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