Trichet Proposes an Alternative

Jean-Claude Trichet disagrees with Soros that central banks should explictily control house prices, but he and others propose a plausible alternative. See here.

If only either plan had been implemented instead of trusting the greed of the few over the needs of the many! Talk about closing the barn door after the horse has bolted!

The biggest thing that Gordon could do to reduce is to cut the cost of fuel by reducing tax. 85% of our petrol costs is tax!