Gordon Brown-The False Savior

Interesting story about how Gordon Brown has quickly lost the halo he gained after he allegedly saved the U.K. banking sector with a few wise pre-emptive moves a few months ago, something which has turned out to be not true as problems in the U.K. banking sector appears to get worse.

In two related notes, the U.K. government deficit is soaring at a rate unprecedented in peace time, while unemployment is soaring.