What a complete plonker. Listen and learn Cleggy.
"Speaking on the same programme [as Ken Clarke], Lib Dem leader Nick Clegg said there was a "crisis of confidence in Britain PLC". Nick Clegg: 'We must retain optimism'. He said the economic model of the past 20 years, driven by minimal regulation and subservience" to financial markets, had been swept away and only the Lib Dems could offer the radical changes needed to address these problems. "The future is going to look dramatically different than the past in terms of how we run our economy," he said.
1. Financial regulation has become over-weening and burdensome. It looks, is implemented and managed like nationalisation lite. The FSMA 2000 is the problem, not the solution.
2. There is no need to 'run' the economy. The economy can 'run' itself. As long as it gets the rule of law, government as umpire not player, sound money, the right to enjoy private property, freedom.
3. The 'crisis in confidence' is in inept and nannying and interfering government.
4. We, the people, just do NOT need YOU to RUN anything.