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Gordon Brown snubbed by IMF

Gordon Brown has today been snubbed by the IMF (International Monetary Fund) with regards to his "Tobin tax" plan which has also been rebuked by the G20. This is a crushing blow for Gordon Brown who apparently went ahead with his plan to introduce a Tobin tax to the mix despite the plan being rejected by the Treasury. It now appears as though Gordon Brown is on his own and ignoring internal government advice on various issues which has placed him in extreme isolation.

We are seeing more and more desperate measures from the UK government as the UK economy fails to respond to the massive multibillion pound investment from the government, and taxpayers are now asking what is going on. This is not the kind of situation which Gordon Brown would have hoped for as he approaches his first general election amid signs of unrest within his party and the voting public.

The irony is that the multibillion pound UK economy bailout may well succeed after the UK election and prove the Prime Minister was right in his assumptions and his strategy. However, it may all come too late to save Gordon Brown at the ballot box as we move headlong towards the next general election.

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