A few weeks ago, as many will recall, Gordon Brown nationalised a bank. According to a number of commentators at the time, this did not represent a return to 1970s Keynesian or old-style socialism accept for the more loudly shouting "right-wing blogs". Whether you accept that or not is down to you I guess, but what I will say is this, take a look at this story in today's Sunday Times and tell me that it's not evidence of pre-Thatcherite economic understanding.
According to the reports, Brown is intending to introduce powers to interfere in the housing market and stop people buying more than one property. There appears to be from the Government a couple of drivers for wanting to do this. Firstly, they believe that prices are being driven upwards shutting out first-time buyers by people buying country homes as weekend residences.
Some good old fashioned price control tinkering huh? All to create something known as an "affordable home". Can I just take a moment to point out that all homes are affordable, otherwise they wouldn't bloody sell would they? What the Government actually mean with their classic sticking together of two words to create a catchy phrase that appeals to anyone who might want to buy a home but cannot yet find one that they can afford.
It's also a term that is, when you place it next to this policy, completely steeped within class warfare. An "affordable home" is meant to be a home that an ordinary person can afford as opposed to one that only the rich can afford. Introducing rules to stop someone buying a second home has just a hint of envy politics about it don't you think? Another oh so 1970s old socialist trait. I wonder if MPs will be banned from buying second homes with their allowances? [yeah right! - ed]