Northern Wreck

The future of the NHS depends upon a healthy economy and a competent government.

Now Gordon Brown has decided to start nationalizing the banks. God help us all.

This comment comes from Iain Dale:

Even the most devout Labour spinner cannot disagree that the nationalisation of Northern Rock represents a total humiliation for the government. Alistair Darling's dithering and uncertainty have made even Gordon Brown look like a man of decision. I do not trust the government to run a whelk stall, let alone a bank. And they will be doing it with our - my (!) - money. God knows what hit the taxpayer will take now. And it will get even murkier when the government is sued for mismanaging the whole process, as it surely will be. The whole tri-partite regulatory system, which the Tories warned Gordon Brown would fail when he set it up, has been a disaster. And we're the ones picking up the bill. Plus ca change...