turn if you like i can pass around fifty two days from gordon brown and tony blair was much more on most less likely to change ration he was one of the himself and margaret thatcher you know use terms i took around four hundred days to go to change direction out of tony blair's government going back to the coalition then when it comes to you why do you think we have seen this government have so many say many more than previous government i think a lot of it is down to the fact that it is a coalition. that this is a very new thing in british politics it's very common and embarrassing for them do you think i think it's been difficult for the leadership point of view but i think it's something that. been accepted going in and during the coalition agreement there will have to be compromises when it comes to this government it's clear that what they say might not always be exactly as i think it is the fact that they clocked up so many you turns a sign that the government is listening or doesn't leave their pledges and promises sounding a little well false that's not good is not a good thing.

utterly convincing as abraham lincoln, the right honorable gentleman is utterly convincing as gordon brown. more borrowing, more spending, more debt. [shouting] >> andrew johnstad. >> thank you, mr. speaker. in the last 10 years, the conservatives have cleared the 19 with 69 pounds of debt left by the liberal democrats -- [inaudible] does the prime minister a gray that tackling debt -- is a road to ruin's? >> i think my honorable friend makes an important one and it is worth recognizing that when it comes to fighting deficiencies and find federal money, local government has an excellent record and we should really say that in this place that they the good record of paying down debt, giving with deficits in being a vision. and, of course, one of the benefits is that reduces your debt interest charges and that's something we have to focus on in this government, in this country. >> thank you, mr. speaker. next month a big event alongside the purchase will be the soccer game at the stadium. does the prime minister have the same confidence in england winning the triple crown of the chancel had

george osborne we know he's a liar but what about david cameron what about tony blair what about gordon brown what about mervyn king what about ben bernanke what about timothy geithner what about hank paulson what about the f.e.c. f.s.a. what about the f.c.c. what about the commodities futures trading commission what about all these other regulatory bodies that oversee these. all have authority to put these guys out of business what about them why didn't they do it whenever mark carney the incoming bank of england governor he's brought in to basically whitewash everything for a few months before the bond pocalypse hits and everything starts to stink really badly again so he's just a whitewash he's just brought into why washy knows mark carney is implicit in record tearing and financial fraud he mark carney is a crook is coming in here to practice just is racketeering but he's going to whitewash the for to give these guys a breathing room ok so back to the story here because we talked about the bond pocalypse and all the bonds are based on these libel rates all these interest rates watts are b

george osborne we know he's a liar but what about david cameron what about tony blair what about gordon brown what about mervyn king what about ben bernanke what about timothy geithner about the f.e.c. f.s.a. what about the f.c.c. what about the commodities futures trading commission what about all these other regulatory bodies that oversee these. all have authority to put these guys out of business what about them why didn't they do it whenever mark carney the incoming bank of england governor he's brought in to to basically whitewash everything for a few months before the bond pocalypse hits and everything starts to stink really badly again so he's just a whitewash he's just brought into why was she knows mark carney is implicit in record tearing and financial fraud he mark carney is a crook is coming in here to practice is is racketeering but he's going to whitewash the for to give these guys a breathing room ok so back to the story here because we talked about the bond populous and all the bonds are based on these libel rates all these interest rates watts are based on live or raise every

george osborne we know he's a liar but what about david cameron what about tony blair what about gordon brown what about mervyn king what about ben bernanke what about timothy geithner what about hank paulson what about the f.e.c. f.s.a. what about the f.c.c. what about the commodities futures trading commission what about all these other regulatory bodies that oversee these. all have authority to put these guys out of business what about them why didn't they do it mark carney the incoming bank of england governor he's brought in to to basically whitewash everything for a few months before the bond pocalypse hits and everything starts to stink really badly again so he's just a whitewash he's just brought into whitewash she knows mark carney is implicit in record tearing and financial fraud he mark carney is a crook is coming in here to practice this is racketeering but he's going to whitewash the for to give these guys a breathing room ok so back to the story here because we talked about the bond pocalypse and all the bonds are based on these libel rates all these interest rates watts are bas

george osborne we know he's a liar but what about david cameron what about tony blair what about gordon brown what about mervyn king what about ben bernanke what about timothy geithner what about hank paulson what about the f.e.c. f.s.a. what about the f.c.c. what about the commodities futures trading commission what about all these other regulatory bodies that oversee these. all have authority to put these guys out of business what about them why didn't they do it whenever mark carney the incoming bank of england governor he's brought in to to basically whitewash everything for a few months before the bond pocalypse hits and everything starts to stink really badly again so he's just a whitewash he's just brought into why washy knows mark carney is implicit in record tearing and financial fraud he mark carney is a crook is coming in here to practice just is racketeering but he's going to whitewash the for to give these guys a breathing room ok so back to the story here because we talked about the bond pocalypse and all the bonds are based on these libel rates all these interest rates watts ar

george osborne we know he's a liar but what about david cameron what about tony blair what about gordon brown what about mervyn king what about ben bernanke what about timothy geithner what about hank paulson what about the f.e.c. f.s.a. what about the f.c.c. what about the commodities futures trading commission what about all these other regulatory bodies that oversee these. all have authority to put these guys out of business what about them why didn't they do it what about mark carney the incoming bank of england governor he's brought in to basically whitewash everything for a few months before the bond pocalypse hits and everything starts to stink really badly again so he's just a whitewash he's just brought into white washing knows mark carney is implicit in record tearing and financial fraud he mark carney is a crook is coming in here to practice this is racketeering but he's going to whitewash the for to give these guys a breathing room ok so back to the story here because we talked about the bond populous and all the bonds are based on these libel rates all these interest rates watts

george osborne we know he's a liar but what about david cameron what about tony blair what about gordon brown what about mervyn king what about ben bernanke what about timothy geithner what about hank paulson what about the f.e.c. f.s.a. what about the f.c.c. what about the commodities futures trading commission what about all these other regulatory bodies that oversee these. all have authority to put these guys out of business what about them why didn't they do it whenever mark carney the incoming bank of england governor he's brought in to basically whitewash everything for a few months before the bond pocalypse hits and everything starts to stink really badly again so he's just a whitewash he's just brought into white washing knows mark carney is implicit in record tearing and financial fraud he mark carney is a crook is coming in here to practice is is racketeering but he's going to whitewash the for to give these guys a breathing room ok so back to the story here because we talked about the bond pocalypse and all the bonds are based on these libel rates all these interest rates watts are

and i give credit to gordon brown. that was his greatest moment i think at that particular time.do it. no, i mean come effect very organized meetings. i was in korea. there was no one who can organize like the koreans. all they talked about was currency. wars, nothing much came out of it. and then the one in france, it rained the whole time and serve as sort of raining on the parade because it was a disaster and nothing happened. and although the a lot of nice intentions coming out of mexico on the last g20, it's not clear what we're going to see. one of the areas we have got into, i didn't get into here, is this whole question of regulation of financial institutions. this is one of the mandates of the g20, financial stability board and basel but if they don't get this right, and get a level playing field worldwide we will have more regular arbitrage than we had before, and you know, this is a worldwide problem, not just a european problem because here in the united states we have dodd-frank eric in england we have figures. and then in europe we have the lincoln report. and all s

we will put right a mistake made by gordon brown and the last government. we will use the money raised to reintroduce a lower 10-pence starting tax. the size depending on the amount raised. this would benefit 25 million basic rate tax payers. and it would move labour on from the past and put it where it should always have been, on the side of working people. it shows our priority to do everything we can to make a difference in people's living standards, and it says a message about how britain is going to succeed in the years ahead, that when you play your part, when you make your contribution to our economy, you will be rewarded. britain's economic success will be built by the many. that is why we want a 10-pence tax rate. we have rightly said that we will not only set out our tax and spending commitments at the next general election. that is the way a responsible group should conduct itself. however, this is a clear signal about the priority we attach to a fairer tax system and to the living standards of working people in britain. we will also be making di

and gordon brown sold what, 390 metric tons of gold at $252 bucks.hat, to me, yeah, we're still going low. >> all right. yeah. i would basically take the other side of everything gordon brown did. >> i don't know how he ever -- >> wouldn't you? >> he was like -- i don't know where -- you know. he's like a poster child for bad decisions. i know -- >> he came back, it's amazing. >> i guess he won't be, you're trying to get him on the show, right? why you would -- it's like booking jimmy carter to talk about how to fix the country right now. we don't need -- anyway. boris. >> yes? >> my man. >> by the way -- top are calling that drop in gold, called it a couple weeks ago. >> that's what i was saying. as far as you go, currency, whatever you buy gold it's always denominated as something so you have a huge say on what gold's going to do, too. we've got jim bull ard, here, too, boris. did you see anything for the currency markets that the fed said in those minutes that changed your opinion of things. >> i didn't see anything. but the euro ran up at the beg

only g20 meeting that really did anything positive was the one in london, and i give credit to gordon brown, that was his greatest moment, i think, at that particular time. the i mean, you have had very well organized meetings. i was in korea. nobody organized it like the koreans. a great meeting. all the talk to was currency, worse, and nothing much came out of it. and then the one and france with sarkozy. it rained the whole time, and it was like raining on the parade because it was a disaster. nothing happened. and although there were a lot of nice intentions coming out of mexico at the last g20, it is not clear what we're going to see. one of the areas we have not gotten into, i did not get into here is this whole question of regulation of financial institutions. this is one of the mandates of the g20, the financial stability board. if they don't get this right and get a level playing field worldwide, we are going to have world regulatory ardor trash worse than before, and this is a worldwide problem, not just a european problem because you're the united states we have dodd-frank. in en

i said do you think gordon brown was a great -- because i'm trying to figure out where he's coming from you think you have good food over there, too? >> coming from where we are in the depth of '08 and march of '09 and is a central bank that -- >> what about the economy -- >> and this is the guy who said housing was probably contained. he said the housing market is contained, it's not going to get out of hand. we don't need to do anything. you, on the other hand -- i'm starting an argument between you two. don't argue with me. and you said this is the first reactive fed guy would i have had that hasn't tried to preempt certain problems. >> monetary policy worked with a long invariable lag. it takes 12 to 18 months for monetary policy to impact the economy. the unemployment rate and inflation rate are lagging economic indicators. so if you're going to wait until the unemployment rate falls below 6%, i'm hoping he misspoke. 6% is probably full employment. that may never happen again. >> when do you think we get there at 6% on today's policies? >> i can we could get there late 2014. i don'

let's get straight to the market action with ed batowski, michael yosikami and josh brown and gordon charlotte from rosenblatt securities will join us in a moment who has been on the floor settling out his trades, and we'll talk with him about the end of the day. thanks for joining us. michael, what do you think about this rally today? do-to-what would you attribute the gains? >> a bit of a short covering. the economy is getting better. look at the home sales numbers as well as the durable good numbers, people are way too negative still, even though the markets rallied. i think what's starting to happen is that negative sentiment started to turn the individual investor and starting to get a bit of courage back, and i think you're starting to see money pour into equities like we talked last time. i think you're finally going to see flows coming out of fixed income in the money market accounts back into equities and that pushes the market higher. >> does everybody agree with that? >> not a chance in the world. >> go ahead. take it. >> ed, you said not a chance. >> i'll go ahead and tak

gordon after qualify with a top speed of 196.4 miles per hour. the daytona 500 is this sunday. and every time you see one of these babies, these guys risk their lives. this is antron browne panoma drag championships. goes into the wall. walks away unharmed. it's amazing. the guy . walked out unharmed. that's a risky sport but they know what they're doing. >> i guess so.