I have a fairly low opinion of the competency of New Labour and their leaders.
But the way that our leadership run the country affects so many people, in same cases the consequences are awful.
One of Gordon Brown's personal statements on what he was going to do to help families who were having problems paying their mortgage was to introduce the Mortgage Rescue Scheme. This was a key announcement by Brown and it was intended to show how he was able to respond to the needs of people who were likely to lose their homes because of the recession.
It took time for the scheme to come into effect, during which many people would have had their homes repossessed!
But we now find that the number of people that the scheme has helped in England is 15. It is good that 15 families have been helped but what about all the other families who have had their homes repossessed?
15 families helped! In Scotland it is around 1000 families, in Wales it is 70 families.
There were 11,400 repossessions between April and June. Yet this grandly announced scheme of Gordon Brown has only helped 15 families!
Is this just incompetence by our government? Or are they only interested in saving the banking system?
Perhaps the officials involved in awarding certificates showing that school kids are able to catch a bus, should have been spending their time on the Mortgage Rescue Scheme!
Keywords: credit crunch, families, government, household, mortgage, new labour, recession, UK Economy
