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Post by Baron von Lotsov on Jan 28, 2023 15:51:53 GMT
I see three prime ministers who have dragged the UK down to its lowest level since 1945 — Eden over Suez, Johnson (as a complete scumbag lacking is morals and honesty, who's left a coating of slime and corruption over Westminster, since his premiership), and Truss, whose inability to accept her economic and political views came from Toyland, pushed the pound to its lowest-ever level against the dollar. Thanks to those three, I reckon Britain’s power on the world stage is now permanently diminished.
Macmillan and Thatcher brought sense, sanity and a bit of overall stability into Britain, but their efforts were eventually sabotaged by a hardcore destructive old school faction of their own party...
Truss was removed though in good time. This recovered the confidence of the markets. Johnson has had a lot more damaging effect on our national reputation because he was so popular. Lady Thatcher was a Chemist though. President Xi Jinping is a chemical engineer. Both did well!
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Post by jeg er on Jan 28, 2023 16:13:32 GMT
I see three prime ministers who have dragged the UK down to its lowest level since 1945 — Eden over Suez, Johnson (as a complete scumbag lacking is morals and honesty, who's left a coating of slime and corruption over Westminster, since his premiership), and Truss, whose inability to accept her economic and political views came from Toyland, pushed the pound to its lowest-ever level against the dollar. Thanks to those three, I reckon Britain’s power on the world stage is now permanently diminished.
Macmillan and Thatcher brought sense, sanity and a bit of overall stability into Britain, but their efforts were eventually sabotaged by a hardcore destructive old school faction of their own party...
Truss was removed though in good time. This recovered the confidence of the markets. Johnson has had a lot more damaging effect on our national reputation because he was so popular. Lady Thatcher was a Chemist though. President Xi Jinping is a chemical engineer. Both did well! i remember you being a big fan of Truss and complaining how she had done nothing wrong and was stitched up
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Post by see2 on Jan 28, 2023 17:03:55 GMT
The sub-Prime mortgages were designed to allow people in the US on a lower income to take out a mortgage, the system was abused by the mortgage lenders and went bust. You are using words to whitewash reality. No, that is your forte.
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Post by see2 on Jan 28, 2023 17:09:04 GMT
I see three prime ministers who have dragged the UK down to its lowest level since 1945 — Eden over Suez, Johnson (as a complete scumbag lacking is morals and honesty, who's left a coating of slime and corruption over Westminster, since his premiership), and Truss, whose inability to accept her economic and political views came from Toyland, pushed the pound to its lowest-ever level against the dollar. Thanks to those three, I reckon Britain’s power on the world stage is now permanently diminished.
Macmillan and Thatcher brought sense, sanity and a bit of overall stability into Britain, but their efforts were eventually sabotaged by a hardcore destructive old school faction of their own party...
Truss was removed though in good time. This recovered the confidence of the markets. Johnson has had a lot more damaging effect on our national reputation because he was so popular. Lady Thatcher was a Chemist though. President Xi Jinping is a chemical engineer. Both did well! Thatcher and the media lied in order to get Thatcher into office. She sold off just about everything and used the money to keep her corner shop ideology from going under. And still left the likes of education and the NHS in a mess.
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Post by Bentley on Jan 28, 2023 17:28:53 GMT
Truss was removed though in good time. This recovered the confidence of the markets. Johnson has had a lot more damaging effect on our national reputation because he was so popular. Lady Thatcher was a Chemist though. President Xi Jinping is a chemical engineer. Both did well! Thatcher and the media lied in order to get Thatcher into office. She sold off just about everything and used the money to keep her corner shop ideology from going under. And still left the likes of education and the NHS in a mess. I can’t dispute some of this. Thatcher deliberately set out to destroy the unions . Fill the pockets of council house renters to kill off the security of renting a council house . Sell off everything that was nationalised and use North sea oil revenue to pay for the process of turning the UK workers into wage slaves. No union to protect them. The insecurity of a mortgage or private rented dwelling to control the working masses. It worked too.
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Post by see2 on Jan 28, 2023 17:33:00 GMT
The American bust brushed UK controls aside as money around the Western economies disappeared from the Banks as a result of having sub-prime worthless Mortgages and debts in them. I thought gordon brown apologised publicly for relaxing banking controls which led to the financial crash under labours watch ? Here you are , yet again , blaming someone , anyone else for problems your own former labour chancellor and prime minister admitted were his fault?
You are a laugh a minute see 2 .Stope it now , you are embarressing yourself.
The Banks, industrialists, the Tory party and the Tory media continuously moaned about "too much red tape" all called for a lighter touch on the Banks. The claim was that it would make the Banks more efficient. The influence it had on Brown is what he was apologising for. Increased efficiency of the banks MIGHT have seen less damage done by the International Financial Meltdown but would not of averted it because the meltdown was created outside of the UK. Which is why it hit all of the Western economies. Not just the UK. I don't usually replied to your posts because they are, like the one above, usually immature and quite stupid. So I have highlighted how you have just embarr assed yourself once again
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Post by Baron von Lotsov on Jan 28, 2023 17:36:30 GMT
Truss was removed though in good time. This recovered the confidence of the markets. Johnson has had a lot more damaging effect on our national reputation because he was so popular. Lady Thatcher was a Chemist though. President Xi Jinping is a chemical engineer. Both did well! i remember you being a big fan of Truss and complaining how she had done nothing wrong and was stitched up The point I was making was the criticism levelled at her was unfair. This does not imply I thought she was a good leader. The stupid media pundits were saying things regarding economics which were false. Your loose thinking seems to make jumps of faith. Just because these traits are in others does not mean they exist in me. I'm a bit different you see. I like accuracy, so improving accuracy is not me trying to support them. What was going on was the critics were believing in socialist economics, so they judge her on a false set of beliefs. One final thought on that is the chancellor guy was an even bigger problem than herself. I don't think he is very intelligent. He could have been the beneficiary of positive discrimination.
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Post by see2 on Jan 28, 2023 17:50:15 GMT
Thatcher and the media lied in order to get Thatcher into office. She sold off just about everything and used the money to keep her corner shop ideology from going under. And still left the likes of education and the NHS in a mess. I can’t dispute some of this. Thatcher deliberately set out to destroy the unions . Fill the pockets of council house renters to kill off the security of renting a council house . Sell off everything that was nationalised and use North sea oil revenue to pay for the process of turning the UK workers into wage slaves. No union to protect them. The insecurity of a mortgage or private rented dwelling to control the working masses. It worked too. That the Unions (and nationalisation) were the reason the country was in an economical mess were the lies Thatcher and the media used to get her elected. UK economy had struggled at least from the Tory cap in hand visit to the IMF in the mid 1950s. The Trade Union Counsel agreed with the government not to push for more than 5% increase in wage claims. Even though Inflation was nearly double that. It was the disgruntled worker led by trouble makers on the shop floor that decided on strikes. Thatcher's one ace in the pack was that she made Wild Cat Strikes illegal. She gets full marks for that.
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Post by Baron von Lotsov on Jan 28, 2023 17:51:28 GMT
Truss was removed though in good time. This recovered the confidence of the markets. Johnson has had a lot more damaging effect on our national reputation because he was so popular. Lady Thatcher was a Chemist though. President Xi Jinping is a chemical engineer. Both did well! Thatcher and the media lied in order to get Thatcher into office. She sold off just about everything and used the money to keep her corner shop ideology from going under. And still left the likes of education and the NHS in a mess. We were already up shit creek by then. Our empire had collapsed and so too the protected market that kept backward industry afloat. What would you do? She came into a world where tax payers were footing the bill of the losses of these places just to avoid bad unemployment figures.
The solution was to concentrate on the service sector. The City had lost a lot of money in the empire investments so it too was up shit creak and it was wondering what to do as well. Their solution was to use the remaining places we still controlled as offshore tax havens, and this pulled in mega amounts of tax avoiders in the US. So there you have it. The City's initiative was their own doing. The Square Mile is not part of Britain and it makes its own rules.
Actually there was a model to follow which strange as it may seem occurred and was executed in about the same time over in China. They were in a similar position, but they slashed all subsidy, let many state businesses go to the wall and then it was survival of the fittest with very few regulations. The government's attitude was if you can make money and pay tax then that's great, don't let us put you off. They went into consumer manufacturing. It was hard work for a long time but it has now made them rich. I guess we were too lazy to start all over again.
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Post by Bentley on Jan 28, 2023 18:14:48 GMT
I can’t dispute some of this. Thatcher deliberately set out to destroy the unions . Fill the pockets of council house renters to kill off the security of renting a council house . Sell off everything that was nationalised and use North sea oil revenue to pay for the process of turning the UK workers into wage slaves. No union to protect them. The insecurity of a mortgage or private rented dwelling to control the working masses. It worked too. That the Unions (and nationalisation) were the reason the country was in an economical mess were the lies Thatcher and the media used to get her elected. UK economy had struggled at least from the Tory cap in hand visit to the IMF in the mid 1950s. The Trade Union Counsel agreed with the government not to push for more than 5% increase in wage claims. Even though Inflation was nearly double that. It was the disgruntled worker led by trouble makers on the shop floor that decided on strikes. Thatcher's one ace in the pack was that she made Wild Cat Strikes illegal. She gets full marks for that. The militant unions were becoming a problem before Thatcher. They made her case for her IMO but reforming them wasn’t on Thatchers agenda. I come from Essex so I didn’t see the devastation that occurred during her term. I suspect it takes a Northener to know .
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Post by thomas on Jan 28, 2023 18:30:43 GMT
I thought gordon brown apologised publicly for relaxing banking controls which led to the financial crash under labours watch ? Here you are , yet again , blaming someone , anyone else for problems your own former labour chancellor and prime minister admitted were his fault?
You are a laugh a minute see 2 .Stope it now , you are embarressing yourself.
The Banks, industrialists, the Tory party and the Tory media continuously moaned about "too much red tape" all called for a lighter touch on the Banks. The claim was that it would make the Banks more efficient. The influence it had on Brown is what he was apologising for. Increased efficiency of the banks MIGHT have seen less damage done by the International Financial Meltdown but would not of averted it because the meltdown was created outside of the UK. Which is why it hit all of the Western economies. Not just the UK. I don't usually replied to your posts because they are, like the one above, usually immature and quite stupid. So I have highlighted how you have just embarr assed yourself once again The labour parties former chancellor and prime minister apologised for something that was everyone elses fault according to see 2?
you know see 2 you are one of my favourite posters on this forum , spouting your new labour la la land delusional fantasy and re written history of their last inglorious foray into governance. Im really looking forward to the next episode of new labour in control at westminster when the hapless starmer takes charge. Its going to be as funny as hell listening to you warble your way around this forum as starmers new labour fall from one disaster into another on a daily basis.
For now , though , we can have fun listening to your latest excuses on how new labour crashed the economy , and left unemployment higher for example than when they found it .As most labour governments do.
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Post by thomas on Jan 28, 2023 18:32:04 GMT
You are using words to whitewash reality. No, that is your forte.
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Post by thomas on Jan 28, 2023 18:34:28 GMT
That the Unions (and nationalisation) were the reason the country was in an economical mess were the lies Thatcher and the media used to get her elected. UK economy had struggled at least from the Tory cap in hand visit to the IMF in the mid 1950s. The Trade Union Counsel agreed with the government not to push for more than 5% increase in wage claims. Even though Inflation was nearly double that. It was the disgruntled worker led by trouble makers on the shop floor that decided on strikes. Thatcher's one ace in the pack was that she made Wild Cat Strikes illegal. She gets full marks for that. I suspect it takes a Northener to know . I never knew i was middle class bentley , till i first went down to northern england.....
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Post by Bentley on Jan 28, 2023 18:41:07 GMT
I suspect it takes a Northener to know . I never knew i was middle class bentley , till i first went down to northern england..... 😊
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Post by see2 on Jan 28, 2023 22:16:51 GMT
Thatcher and the media lied in order to get Thatcher into office. She sold off just about everything and used the money to keep her corner shop ideology from going under. And still left the likes of education and the NHS in a mess. We were already up shit creek by then. Our empire had collapsed and so too the protected market that kept backward industry afloat. What would you do? She came into a world where tax payers were footing the bill of the losses of these places just to avoid bad unemployment figures.
The solution was to concentrate on the service sector. The City had lost a lot of money in the empire investments so it too was up shit creak and it was wondering what to do as well. Their solution was to use the remaining places we still controlled as offshore tax havens, and this pulled in mega amounts of tax avoiders in the US. So there you have it. The City's initiative was their own doing. The Square Mile is not part of Britain and it makes its own rules.
Actually there was a model to follow which strange as it may seem occurred and was executed in about the same time over in China. They were in a similar position, but they slashed all subsidy, let many state businesses go to the wall and then it was survival of the fittest with very few regulations. The government's attitude was if you can make money and pay tax then that's great, don't let us put you off. They went into consumer manufacturing. It was hard work for a long time but it has now made them rich. I guess we were too lazy to start all over again.
Thatcher inherited a country in a mess, a water shed that allowed her a free hand to take the country in any direction she chose. She decided to split the country into those who have and those who have not. She destroyed millions of jobs and turned her back on the unemployed. She never had any intention of governing for all of the people. Millions of skilled and professional unemployed people were ignored as she chose to buy and sell. She should have been looking for and investing in innovation and and in new enterprises, encouraging entrepreneurship and new businesses. Nationalised industries needed to be trimmed according to need, and maybe streamlined or part privatised to suit requirement. Apart from other damage done, 4 million unemployed was expensive in government costs and unacceptable in terms of social damage.
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