Tuesday, May 11, 2010

Gordon ("Bottom") Brown resigns

Given his blunder in "Brown's Bottom" when he sold England's gold at the most inopportune times between 1999 and 2002, it's no surprise that Gordon Brown submitted his early resignation to the Queen of England today. The former Chancellor and now ex-British Prime Minister doesn't exactly have a stellar track record.


Between 1999 and 2002, Mr Brown ordered the sale of almost 400 tons of the gold reserves when the price was at a 20-year low. Since then, the price has more than quadrupled, meaning the decision cost taxpayers an estimated £7 billion, according to Mike Warburton of the accountants Grant Thornton.

Perhaps I should give him more credit. At least he's smart enough to exit before the ship sinks.

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