Which mortgages were ‘foolish’?

The BBC website reports:

Banking minister Lord Myners has said banks were “foolish” to offer 100% mortgages, after Gordon Brown called for “prudent and careful” lending.

Er, no, I don’t think that’s the cause of the current problem, although it certainly doesn’t help after things have gone wrong. But it surely didn’t start them on that track. No, that was clearly something else.

Since when did learning to read become a narrow pursuit?

Oh dear. The Pinko Professor’s at it again. Apparently, concentrating in Primary School in the UK on getting kids to be able to read and write restricts them too much, and doesn’t ‘develop’ them enough as individuals.