Thursday, October 16, 2008

British Prime Minister takes the lead on world credit crisis.

The unanimous verdict is that beleagured British Prime Minister Mr. Gordon Brown has taken the lead in solving the world credit crisis.

By deciding to be the first to directly inject capital into banks and provide unlimited guarantees to British Banks, he forced the hand of Mr. Paulson to do the same in the U.S. Not following in Mr. Gordon Brown's footsteps would surely have made American Banks uncompetitive on a global basis.

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