Why you can’t believe a word our leaders say

Politicans and business people are rarely known for their honesty. But recent attempts by Gordon Brown and others to boost confidence in our economy and financial system have really taken the biscuit, says Tom Bulford.

Three things have been said recently that have all really got on my wick. Since one of the benefits of being a writer is that it enables me to get things off my wick: here they are.

Along with our economy is resilient and the fundamentals strong,' Gordon Brown has been assuring us that his government will continue to take whatever action is necessary to maintain economic stability.' I see in my mind's eye a cartoon in which Brown is standing on the bridge of the Titanic, and as it sinks beneath the waves, he is saying I will do whatever is necessary to maintain the stability of this ship.'

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Tom worked as a fund manager in the City of London and in Hong Kong for over 20 years. As a director with Schroder Investment Management International he was responsible for £2 billion of foreign clients' money, and launched what became Argentina's largest mutual fund. Now working from his home in Oxfordshire, Tom Bulford helps private investors with his premium tipping newsletter, Red Hot Biotech Alert.