Comments on: Adair say http://davidjonesblog.com/2009/02/26/adair-say/ Conservative Member of Parliament for Clwyd West Sat, 26 Nov 2011 13:04:52 +0000 hourly 1 http://wordpress.com/ By: UK Voter http://davidjonesblog.com/2009/02/26/adair-say/#comment-1141 Thu, 26 Feb 2009 09:06:53 +0000 http://davidjonesblog.com/?p=1094#comment-1141 Exactly! A common thread of New Labour and in particular Gordon Brown is the ‘smoke & mirrors’ approach to everything. We were supposed to believe that the £400m cost of the FSA was a good investment because it regulated the financial services industry, meanwhile they were doing very little due to political pressure.

Gordon Brown must accept much of the responsibility, but equally, any regulator worth their salt would have objected furiously to politicians telling them how to do their jobs, without accepting any of the responsibility.

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