Labour's Broken Promises


Labour has very many failed promises to account for during its period in government.

Their record over the previous 13 years has various failings beneath the veneer of their publicity machine.

The previous Prime Minister Brown went to Portugal to sign the reworked European Union constitutional treaty, but he did not actually attend the actual signing ceremony for the document, the former Tory leader William Hague quite correctly called this a "ridiculous fudge".

When our Prime Minister signed the constitution he broke a specific pledge stating that he would give the british public a referendum.

In so doing he devalued democracy in Britain.

At the same time he devalued the trust that voters had in the Labour party.

I suppose we all know why he did not hold a referendum simply because the British public would have voted no.

With in a few days of Ireland saying no to the Lisbon Treaty Gordon Brown had rammed the treaty through the British Parliament.

British Jobs for British workers was a famous phrase of Brown but he failed as the jobs created went to foreign workers living in Britain.

No one, for one, minute would believe that Labour would put British workers above their European dream.

Looking at his broken promises Gordon Brown promised the public that he was the man of prudence the man of no more as he stated "Boom and Bust".

At his budget in 1998 he distroyed the British pension industry by stopping pension funds the ability to reclaim tax on their investment income. This hit the ordinary employee as pension funds use re-invested income to grow. To put his interference in perspective it would be like asking some one to work free every fifth year.

Another clever move was when he sold 400 Tonnes of Gold from the UK reserves at the lowest market price in over twenty years announcing in advance of the sale and more or less telling the market makers ofthe timing. Talk about being a touch less than careful he depressed the market in to which he was trying to sell.

In these escapades he desparately tried to get the blessing of the Bank of England but this was not forthcoming despite the sterling efforts of two of his greatest henchmen at the time none other than Ed Balls and Ed Milliband the current leader of the Labour party.

I have no doubt that every body accepts that Gordon Brown's new book "Beyond the Crash: Overcoming the First Crisis of Globalisation" is one of the most dull and boring of the swift rush of Labour Party memoirs that have been published since the new Liberal Conservative Coalition came to power. He is trying to defend Labour's catastrophic loss of economic credibility and fails badly.