David Cameron Apologizes for not Predicting Economic Crisis

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March 14,2009
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By Ben Cohen

I don't believe Cameron believes a word of this, but it's smart politics:

In an interview before a speech to Birmingham business leaders in
which he acknowledged the Tories should have realised banks were
accumulating unsustainable debts, Cameron said: "Of course I am sorry
we got some things wrong. We were right to call time on government
debt, but we should have said more about banking debt and corporate
debt."

His comments are intended to embarrass Brown, who has
refused to apologise for decisions he took as chancellor and prime
minister that could have exacerbated the recession despite coming under
strong pressure to do so.

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