Major warns Brown that the UK's credit rating could collapse!

Sir John Major spells it out to cloth-eared Brown "If they continue with this huge deficit, at some stage our national credit rating will collapse".



At least one former Cabinet member has realised the fudge game is up. John Hutton says, "I don't think you can go on saying we can continue to spend as if nothing has happened in the last year or so - people know something big time has changed." And even that implies the average voter is thinking through a headful of custard!

Alistair Darling, though, appears to have adopted the custard thinking process. "Gordon and I have many discussions and both of us are absolutely clear our priority now is to build our economy, to resume with great vigour the drive to make sure this is happening in other parts of the world because our future depends on that. I am very clear that things like education, health, transport, these are important matters. But as I have said time and time again, all of us are going to have to make our choices, all of us are going to have to set our priorities and the public will judge." What on earth is all that about? Waffle and piffle!

Truth will out, Darling!

Posted in: Alistair Darling,credit crunch,economy,Sir John Major