The Economy

Part of Council Tax Rebate – in the House of Commons at 7:12 pm on 31st March 2009.

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Photo of Andrew Pelling Andrew Pelling Independent, Croydon Central 7:12 pm, 31st March 2009

Does the right hon. Gentleman agree that the problem is that we have zombie banks that are unable to lend because the toxic assets have not been removed from their balance sheets? The approach that he proposes is not a matter of ideology: one of its attractions is that it would allow us to cleanse the banks, restore confidence in our financial system and get lending going again.

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Marzia Nicodemi-Ehikioya
Posted on 1 Apr 2009 7:16 pm (Report this annotation)

We have also zombie, incompetent and dogmatic politicians who hide behind ideology. It is easy to blame the government for the financial situation we are in. It is more difficult to have the courage to make radical changes in our system.