Hard though it might be to admit, Simon Heffer is being grossly unfair to the Tories (well, a little bit unfair) when he slams into them in his column today, under the headline: "Tories need to grow up to beat Gordon Brown".He starts with the archetypal "man in pub" diagnosis of the current financial crisis, pinning – in true partisan style – all the blame on Gordon Brown, finishing his opening with this classic line: "He then failed properly to regulate those banks."On that note alone, Jon Moulton could tell him how wrong he is and, with our analysis, it is clearly evident that Brown's failure to regulate extends only to the fact that he went along with the Basel/EU regulatory revolution which is largely responsible for magnifying this crisis and hampering our attempts to extricate ourselves from it.But, while such subtlety...
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