ISN'T it frustrating to read letters and comments in the Review written by people who are ignorant of the facts, or are being very misleading?

Take for instance a letter in the Review ( December 10, 2010) in which a rambling diatribe about the current government is under­pinned by a statement "the national deficit created by the greedy Wall Street bankers."

Yes, a big problem occurred with the banks these recent years, a problem actually created by politicians in various countries, mainly the United States supported by the British and other European countries, that allowed the Investment and High Street banks to converge, applying casino techniques with people's loans and mortgages.

Thus we saw, and the people enjoyed, 100 per cent plus unsecured financing....we loved the house price inflation that resulted!

However, the banks had nothing to do with our huge national deficit, it was created by one Government, driven by one man named Gordon Brown, who started in 2000 to take this country into bankruptcy by a massive spending spree.

By the end of the decade he was borrowing an extra £150 billion a year to spend money that the country didn't have (or need to spend) which has built up the massive debt mountain that the current government, and we the people, are now fighting to plug, just like the magician's apprentice.

In the decade he created (mostly) non-jobs in the public sector for nearly a million people, who have now helped to create an unmanageable, and unfunded, pension debt of around £1.3 trillion. We the people are now screaming blue murder about a small percentage of these jobs being eliminated.

Brown also did some really shady deals, such as Private Finance Initiatives, which kept the spending on new schools, hospitals, etc, off the visible balance sheets. The problem is that over the next 20, or so, years, we the people will have to pay the private benefactors about £260 to cover every £1 of their investment on our behalf. Guess what the grand total of that debacle is? How stupid can we the people be? Guess what, some of these buildings were never put in use. 

And there is more.....but why go on. Surely the people in this country are not stupid, and realise the terrible difficulty we are in. Judgement day has arrived, and the country must pay for its own foolishness. 

– Ralph Perry, Lydney.