Gordon gets it right - Mervyn King Northern Wreck & Nationalisation

Bravo Gordon, Brown not the locomotive, Mervyn King is the right bloke, now, past and future, quote what all the fuss is was about we can't understand

Vince Cable is as big a gap to fill for the Liberals as was John Smith for the Labour crew - and his suggestion of nationailsation of Northern Wreck had been ignored for more than long enough, get someone in control, sort the fat cat salaries out (what, this Labour bunch?) examine the model and get on with it

Nationalisation would save face for Labour yes, but we are certainly no fans of doing that, helping them even but something does have to be done - now, sooner than yesterday if possible

Credit Crunch & Millions of Mortgages

Unfortunately all our predictions keep on being proved right

Yesterday the Daily Mail headlined about 1,000,000 people not being able to afford thier mortgage payments and today Provident, the doorstep lender is reported to have said we have another 18 months of fall out from the credit crunch

Both of these firms could have asked us 6 or 8 or even 12 weeks ago and we could have told them!