‘There’s No Money Left,’ U.K. Minister Learns

[Soul Crusher]

‘There’s No Money Left,’ U.K. Minister Learns
Business Week ^ | 17 May 2010 | Robert Hutton

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Arriving for work at the U.K. Treasury last week, the incoming chief secretary, David Laws, found a note from his predecessor, Liam Byrne, offering advice on the job.

“Dear Chief Secretary, I’m afraid to tell you there’s no money left,” Laws cited it as saying.

“Which was honest,” Laws, whose position is the No. 2 in the Treasury after the chancellor of the exchequer, told a press conference in London today. “But slightly less than I was expecting.”

The note underscores the task facing Britain’s Conservative-Liberal Democrat coalition as it seeks to reconcile demand for improved health and education services with promises to reduce the largest budget deficit since World War II.


(Excerpt) Read more at businessweek.com ...


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Im sure that on January 21, 2013 when the GOP president takes over, Obama will tell her the same thing.   

[Skip8282]

Can't imagine why not given that socialism is such a successful, haha...I can't even type that with a straight face.

[Soul Crusher]

Notice how luke and ta have been silent lately?

[SAMSON123]

‘There’s No Money Left,’ U.K. Minister Learns
Business Week ^ | 17 May 2010 | Robert Hutton

________________________ ________________________ _________________

Arriving for work at the U.K. Treasury last week, the incoming chief secretary, David Laws, found a note from his predecessor, Liam Byrne, offering advice on the job.

“Dear Chief Secretary, I’m afraid to tell you there’s no money left,” Laws cited it as saying.

“Which was honest,” Laws, whose position is the No. 2 in the Treasury after the chancellor of the exchequer, told a press conference in London today. “But slightly less than I was expecting.”

The note underscores the task facing Britain’s Conservative-Liberal Democrat coalition as it seeks to reconcile demand for improved health and education services with promises to reduce the largest budget deficit since World War II.


(Excerpt) Read more at businessweek.com ...


________________________ _____________

Im sure that on January 21, 2013 when the GOP president takes over, Obama will tell her the same thing.   

Every nation is singing the same song called WE HAVE NO MORE MONEY

[240 is Back]

So let's get this straight... the #2 man in the teasury doesn't know what kinda shape it's in, and what their national balance sheets are like, when taking the job?


if that is the case - HE IS NOT PREPARED OR QUALIFIED FOR THAT JOB.


Unless you're okay with "learn on the job" policy.  We're seeing that now here lol

[SAMSON123]

So let's get this straight... the #2 man in the teasury doesn't know what kinda shape it's in, and what their national balance sheets are like, when taking the job?


if that is the case - HE IS NOT PREPARED OR QUALIFIED FOR THAT JOB.


Unless you're okay with "learn on the job" policy.  We're seeing that now here lol

Yes he is...Don't you know that this is how you keep yourself out of trouble? Now had he said he was aware of the financial situation, the first thing people would have said is how did you let this get to this point, or why did you not say anything? In either case he would have been denied the chance to get elected to the position he now sits in.

[240 is Back]

LOL,.... well POLITICALLY speaking, he's just blaming the last guy, playing dumb.

the reality is, we all know he knew damn well what was going on. 

[tu_holmes]

You know... whether you agree with socialism or not (Personally I do not).

It's simple... you can't spend more than you bring in.

I don't give a shit what your economic stance is.

[Soul Crusher]

So let's get this straight... the #2 man in the teasury doesn't know what kinda shape it's in, and what their national balance sheets are like, when taking the job?


if that is the case - HE IS NOT PREPARED OR QUALIFIED FOR THAT JOB.


Unless you're okay with "learn on the job" policy.  We're seeing that now here lol

I'm surprised you didnt catch my little joke. 

[240 is Back]

i dont follow?

luke and TA?

[Soul Crusher]

Read my comment at the first post at the end of the article.  Ha ha.  I' m surprised you didnt pick it up. 

[240 is Back]

LOL tell "HER"...

I didn't know Hutchinson was running, that's awesome!

[Soul Crusher]

I posted that just for you bro seeing if you would pick that up. 

[the_steevo_uk]

So let's get this straight... the #2 man in the teasury doesn't know what kinda shape it's in, and what their national balance sheets are like, when taking the job?


if that is the case - HE IS NOT PREPARED OR QUALIFIED FOR THAT JOB.


Unless you're okay with "learn on the job" policy.  We're seeing that now here lol

Thats not how it works in britain 240...most incoming treasury ministers find that the balances they were working with in opposition are almost never the same as the ones the treasury has been working with (mostly due to the confidential nature of many budgets) so its not a comment on Laws' ability. He didnt have access to the data.

[Fury]

Much like Greece, this is clearly America's fault.