MP fraud and tax evasion – no accountability in British politics Can honesty, integrity, professionalism and trust exist in our elected representatives

Gordon Brown and his approach to ” light touch regulation “.

It was only in November 2005 that Gordon Brown made a speech to the CBI regarding amongst other things the regulatory challenges within all business sectors.
He stated:

" We all agree that at the heart of the modern enterprise challenge is minimising regulatory concerns and I want to say something about that now. "

And went on to say:

" The better, and in my opinion the correct, modern model of regulation – the risk based approach - is based on trust in the responsible company, the engaged employee and the educated consumer, leading government to focus its attention where it should: no inspection without justification, no form filling without justification, and no information requirements without justification, not just a light touch but a limited touch.

The new model of regulation can be applied not just to regulation of environment, health and safety and social standards but is being applied to other areas vital to the success of British business: to the regulation of financial services and indeed to the administration of tax. And more than that, we should not only apply the concept of risk to the enforcement of regulation, but also to the design and indeed to the decision as to whether to regulate at all.

In the new legislation we will publish before Christmas we will make this risk based approach a statutory duty of the regulators. "

Was Gordon Brown talking about MP's expenses in relation to a limited regulation of tax and finances? It would seem that Mr Brown almost foretold the demise of the financial markets with his " risked based approach " to regulation and the end to the MP expenses gravy train. Trust, accountability and honesty is something that DOES NOT EXIST in government or big business and this has been proved repeatedly.

Why oh why would anyone with half a brain want self-regulation across all business sectors when it's been proved not to work over and over again?

MP's can't regulate themselves at all, so why on earth would they think any other group, business or organisation would be any different?

THE TIME HAS COME FOR STRICT INDEPENDENT REGULATION AS SELF-REGULATION IS A JOKE!

Gordon Brown's " light touch approach to regulation " has just about bankrupted the country, brought unemployed to a 13 year high ( strange that it should be the same period he was chancellor and prime minister ) and public confidence to an all time low.