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	<title>Comments on: The Green shoots Baroness is a disaster for what she does more than for what she says</title>
	<atom:link href="http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/feed/" rel="self" type="application/rss+xml" />
	<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/</link>
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		<title>By: brian kelly</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9941</link>
		<dc:creator>brian kelly</dc:creator>
		<pubDate>Sun, 18 Jan 2009 20:33:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9941</guid>
		<description>When she used the derogatory term &#039;grannies&#039; re Railtrack you must remember that these are the sort of terms which earn her browny points within that group in which she circulates - that close knit circle round Brown who regard themselves as whizz kids who have suddenly found they are actually in charge and can, with growing impunity, play as with a toy, with the destiny of this country, In actual fact they are a set of amateurish incompetents with not a breath of experience between them of the real world and they are laying on this country endless misery and indebtedness as a result of their endless incompetent experiments and failings.</description>
		<content:encoded><![CDATA[<p>When she used the derogatory term &#8216;grannies&#8217; re Railtrack you must remember that these are the sort of terms which earn her browny points within that group in which she circulates &#8211; that close knit circle round Brown who regard themselves as whizz kids who have suddenly found they are actually in charge and can, with growing impunity, play as with a toy, with the destiny of this country, In actual fact they are a set of amateurish incompetents with not a breath of experience between them of the real world and they are laying on this country endless misery and indebtedness as a result of their endless incompetent experiments and failings.</p>
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		<title>By: brian kelly</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9940</link>
		<dc:creator>brian kelly</dc:creator>
		<pubDate>Sun, 18 Jan 2009 18:29:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9940</guid>
		<description>She is of a typical cast of those whom Brown has always surrounded himself.  a complete apparatchik; totally subservient and mediocre. Can we ever forget the dreadful crew he surrounded himself with at the Treasury?  They will only do his bidding.  He will never tolerate for long working with anyone who has the intelligence to argue back and the strength of mind to do so.  This country is in a terrible mess and each day that passes the problem becomes worse and more complicated -  he loves complication and believes the more he sloshes billions around the more he will be seen as &#039;doing something&#039; whereas he is mostly digging the hole deeper for this country to extricate itself.
from.</description>
		<content:encoded><![CDATA[<p>She is of a typical cast of those whom Brown has always surrounded himself.  a complete apparatchik; totally subservient and mediocre. Can we ever forget the dreadful crew he surrounded himself with at the Treasury?  They will only do his bidding.  He will never tolerate for long working with anyone who has the intelligence to argue back and the strength of mind to do so.  This country is in a terrible mess and each day that passes the problem becomes worse and more complicated &#8211;  he loves complication and believes the more he sloshes billions around the more he will be seen as &#8216;doing something&#8217; whereas he is mostly digging the hole deeper for this country to extricate itself.<br />
from.</p>
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		<title>By: Thatcher-right</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9939</link>
		<dc:creator>Thatcher-right</dc:creator>
		<pubDate>Sat, 17 Jan 2009 01:56:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9939</guid>
		<description>I don&#039;t think we&#039;re far off agreeing on this. Certainly, the recession was coming but they might have kept the plates spinning for a little while longer if they hadn&#039;t suffered a sudden crissis in confidence in the dubious loans they had been trading as super safe assets.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t think we&#8217;re far off agreeing on this. Certainly, the recession was coming but they might have kept the plates spinning for a little while longer if they hadn&#8217;t suffered a sudden crissis in confidence in the dubious loans they had been trading as super safe assets.</p>
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		<title>By: Waramess</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9938</link>
		<dc:creator>Waramess</dc:creator>
		<pubDate>Fri, 16 Jan 2009 18:09:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9938</guid>
		<description>I am one of those that could advise Gordon Brown as to precisely what he needs to do as Prime Minister:

RESIGN NOW!</description>
		<content:encoded><![CDATA[<p>I am one of those that could advise Gordon Brown as to precisely what he needs to do as Prime Minister:</p>
<p>RESIGN NOW!</p>
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		<title>By: Donitz</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9937</link>
		<dc:creator>Donitz</dc:creator>
		<pubDate>Fri, 16 Jan 2009 10:25:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9937</guid>
		<description>Yep, I must agree Hugh Hendry is a top chap and an excellent Hedge Fund manager.

I too heard him mention in an interview that he was investing in Bonds but I truly thought this was for the benefit of the BBC(Business Daily interview - radio).

I think he was actually taking the &quot;mick&quot;.</description>
		<content:encoded><![CDATA[<p>Yep, I must agree Hugh Hendry is a top chap and an excellent Hedge Fund manager.</p>
<p>I too heard him mention in an interview that he was investing in Bonds but I truly thought this was for the benefit of the BBC(Business Daily interview &#8211; radio).</p>
<p>I think he was actually taking the &#8220;mick&#8221;.</p>
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		<title>By: Bernard Johns</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9936</link>
		<dc:creator>Bernard Johns</dc:creator>
		<pubDate>Fri, 16 Jan 2009 06:36:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9936</guid>
		<description>&quot;The bigger damage the Baroness is doing lies in her behind&quot;

Sorry to lower the tone, John,
but this just got me laughing.</description>
		<content:encoded><![CDATA[<p>&#8220;The bigger damage the Baroness is doing lies in her behind&#8221;</p>
<p>Sorry to lower the tone, John,<br />
but this just got me laughing.</p>
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		<title>By: APL</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9935</link>
		<dc:creator>APL</dc:creator>
		<pubDate>Thu, 15 Jan 2009 23:33:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9935</guid>
		<description>&quot;BANG!!!!!!!!!!!!!!!!!!!!!&quot;

Yes, that is pretty much what I have thought. But perhaps not just yet. Hugh Hendry has a pretty solid record. As usual, it&#039;s all about timing.

http://www.cnbc.com/id/15840232?video=994367935</description>
		<content:encoded><![CDATA[<p>&#8220;BANG!!!!!!!!!!!!!!!!!!!!!&#8221;</p>
<p>Yes, that is pretty much what I have thought. But perhaps not just yet. Hugh Hendry has a pretty solid record. As usual, it&#8217;s all about timing.</p>
<p><a href="http://www.cnbc.com/id/15840232?video=994367935" rel="nofollow">http://www.cnbc.com/id/15840232?video=994367935</a></p>
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		<title>By: Stewart Knight</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9934</link>
		<dc:creator>Stewart Knight</dc:creator>
		<pubDate>Thu, 15 Jan 2009 18:57:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9934</guid>
		<description>The recession was not triggered by the credit crunch; the recession was coming regardless and some, many, had warned of it for years.</description>
		<content:encoded><![CDATA[<p>The recession was not triggered by the credit crunch; the recession was coming regardless and some, many, had warned of it for years.</p>
]]></content:encoded>
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		<title>By: Baroness Bailout on the line for you&#8230; &#124; News in brief</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9933</link>
		<dc:creator>Baroness Bailout on the line for you&#8230; &#124; News in brief</dc:creator>
		<pubDate>Thu, 15 Jan 2009 18:56:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9933</guid>
		<description>[...] Redwood has taken aim at Baroness Vadera and her passion for nationalisation on his blog. It is certainly true that after Railtrack, Northern Rock and RBS, if you were a boss of a firm [...] </description>
		<content:encoded><![CDATA[<p>[...] Redwood has taken aim at Baroness Vadera and her passion for nationalisation on his blog. It is certainly true that after Railtrack, Northern Rock and RBS, if you were a boss of a firm [...]</p>
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		<title>By: Acorn</title>
		<link>http://johnredwoodsdiary.com/2009/01/15/the-green-shoots-baroness-is-a-disaster-for-what-she-does-more-than-for-what-she-says/#comment-9932</link>
		<dc:creator>Acorn</dc:creator>
		<pubDate>Thu, 15 Jan 2009 18:37:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=2614#comment-9932</guid>
		<description>I have to agree with both above.  The planet is going to be flooded with government paper (IOUs).  Government &quot;interventions&quot; in market systems always create distortions  in those markets which take time to be absorbed and create uncertainties.  Markets go into defensive mode, waiting for the next government shoe to drop.

The really worrying bit is where governments start getting involved in the long term debt markets.  Such as buying up long term toxic securities like mortgaged backed bonds.  This will put the taxpayer at a long term risk and create a nasty hangover for years ahead which the markets will not forget.  Better to let them die naturally and take the pain now.

A better explanation at

http://www.financialsense.com/fsu/editorials/merk/2009/0113.html

Good piece at the following, on money supply.  Notice in the notes, number 4.

http://www.financialsense.com/fsu/editorials/dollardaze/2009/0112.html</description>
		<content:encoded><![CDATA[<p>I have to agree with both above.  The planet is going to be flooded with government paper (IOUs).  Government &#8220;interventions&#8221; in market systems always create distortions  in those markets which take time to be absorbed and create uncertainties.  Markets go into defensive mode, waiting for the next government shoe to drop.</p>
<p>The really worrying bit is where governments start getting involved in the long term debt markets.  Such as buying up long term toxic securities like mortgaged backed bonds.  This will put the taxpayer at a long term risk and create a nasty hangover for years ahead which the markets will not forget.  Better to let them die naturally and take the pain now.</p>
<p>A better explanation at</p>
<p><a href="http://www.financialsense.com/fsu/editorials/merk/2009/0113.html" rel="nofollow">http://www.financialsense.com/fsu/editorials/merk/2009/0113.html</a></p>
<p>Good piece at the following, on money supply.  Notice in the notes, number 4.</p>
<p><a href="http://www.financialsense.com/fsu/editorials/dollardaze/2009/0112.html" rel="nofollow">http://www.financialsense.com/fsu/editorials/dollardaze/2009/0112.html</a></p>
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