Labour's Failed Promises

Labour has very many broken promises to explain for during its period in office.

Their record over the previous thirteen years has various failings underneath the surface of their publicity machine.

Our 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 he signed the document he broke a specific pledge saying that he would give the british public a referendum.

In so doing he devalued democracy in Britain.

At the very same time he,of course devalued the trust that voters had in the Labour government.

I guess we all know why Brown did not have a referendum simply because we would have voted no.

With in a few days of Ireland saying no to the Lisbon Treaty Brown had forced the treaty through Westminster.

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

I do not think that the British public would actually believe that the Labour Party could place British workers above their European dream.

Looking at his many broken promises Brown promised the British public that he was the man of prudence and that there would be no more "Boom and Bust". Yet he had the nerve to lead the Britain into one of the greatest periods of austerity in living memory

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 working man as pension funds use re-invested income to grow. To put his meddling in perspective it would be like asking some one to work free every fifth year.

Another not so 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 cautious 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 poorest of the rapid rush of Labour Party memoirs that have been published since the Coalition came to power. He is trying to defend Labour's catastrophic loss of economic credibility and fails badly.


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The Author writes many articles on current affairs and for more information please got to Gordon Brown's Book