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This is not (just) domestic, this is a joint proposal in the EU. (And that's another big thing; Brown didn't care much for the EU previously.)

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Sep 23rd, 2008 at 06:23:52 AM EST
[ Parent ]
Someone in the City must have told Brown that they need Europe's help.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Sep 23rd, 2008 at 06:31:06 AM EST
[ Parent ]
But that's the very point. He knows that by joining in with an EU proposal he's;-

i) postponing any decisions for a couple of years, ie after the election so he doesn't have to worry about it. A deferred policy change is as good as no policy change.

ii)by the time they come to a decision, all of the fallout will be over and, if still in power, he can portray it as an unwarranted intrusion of the EU into the profitability of the City institutions that makes Britain a world leader blah blah.

Basically, he gets to be seen to be supporting the idea of change whilst whole-heartedly resisting it. There's a whole lot of lobbying, parties, favours, golf trips and bribes from deep deep pockets to be done before "decisions" are made. Just remember how effective Mandelson is at ensuring that all regulations and controls on trade reflect Anglo-American priorities rather than protecting the european public from the rapacious scum preying upon them.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Sep 23rd, 2008 at 06:36:18 AM EST
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I lean for Mig's opinion above.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Sep 23rd, 2008 at 08:08:43 AM EST
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