goldfinger
- 09 Jun 2005 12:25
Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).
Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.
cheers GF.
hilary
- 03 Oct 2014 18:54
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Or maybe you're not interested in hearing about how they failed to burst a debt-fuelled bubble before it got too big. Or about their scorched earth policy which left the country without a pot to piss in, and which meant the incoming government were unable to implement some of the Keynesian policies that would have helped ease the problem.
goldfinger
- 03 Oct 2014 19:16
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Hilary honestly I didnt want to get you involved here, but if the men cant stand up for themselves i suppose they have to use a women to protect them (nothing malicious meant)and your supporting a group of wimps, well bar cynic.
goldfinger
- 03 Oct 2014 19:34
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So Ive taken into account what you say above which mirrors the Tory Press and tory boys themselves.
Now obviously you support the 'Big Bang Phenomenon' created by Maggie Thatcher and her inner circle. Basicaly it was a policy to de-regulate the Banking System in order to create more jobs/employment tax revenues in the CITY OF LONDON.
Now this was all for good for a few years but there was a big downside she did not understand she did not imagine.
The power of Capitalism to RUN RIOT.
This is what happened and developed not just here but all around the World as the USA and others all copied Maggies defunked idea
In the UK, Big Bang became one of the cornerstones of the Thatcher government's reform programme. Prior to these reforms, the once-dominant financial institutions of the City of London were failing to compete with foreign banking. While London was still a global centre of finance, it had been surpassed by New York, and was in danger of falling still further behind.
Thatcher's government claimed that the two problems behind the decline of London banking were overregulation and the dominance of elitist old boy networks and that the solution lay in the free market doctrines of unfettered competition and meritocracy.
Although the "Big Bang" eased stock market transactions there is a debate in the UK about how far it affected the 2007–2012 global financial crisis. In 2010, Nigel Lawson, Thatcher's Chancellor at the time, appeared on the Analysis program to discuss banking reform, explaining that the 2007–2012 global financial crisis was an unintended consequence of the "Big Bang". He said that UK investment banks, previously very cautious with what was their own money, had merged with high street banks putting depositors' savings at risk and ...according to the program leading US banks to follow suit.
The WORLD followed suit.
Ohhh dear in his own words Thatchers chancellor says we were responsible.
goldfinger
- 03 Oct 2014 19:36
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Although the "Big Bang" eased stock market transactions there is a debate in the UK about how far it affected the 2007–2012 global financial crisis. In 2010, Nigel Lawson, Thatcher's Chancellor at the time, appeared on the Analysis program to discuss banking reform, explaining that the 2007–2012 global financial crisis was an unintended consequence of the "Big Bang". He said that UK investment banks, previously very cautious with what was their own money, had merged with high street banks putting depositors' savings at risk and ...according to the program leading US banks to follow suit.
goldfinger
- 03 Oct 2014 19:37
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Christine are you watching, christine are you watching.
Fred1new
- 03 Oct 2014 20:04
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Hairy one.
Watch out!
I know the Scots are a virile race, but I hear the economic crash occurred in the USA, Europe ++++++ etc.
Could the the crash been seen?
Yes it could have been and was by some.
Therefore it should have been prepared for.
(Amongst other minnows, I was thinking it might happen, or was building up to, way back in 2004-2006.
But, no the City and the gamblers said we were stupid and continued "betting" and false valuation was rampant.
The city set free by Thatcher and crew and would not be restrained.
Should Brown have had a fight with the city? Yes, but those similar to yourself would probably have scorned attempts to do so. (It would not have been supported by the "public" making killings on house inflation.)
However, if blindness is one of your obvious other ailments look around and see where some of the cash went.
Into hospital, Universities. Schools, infrastructure etc, as well as bloody stupid PFIs initiated by Thatcher and crew and continued by successive governments.
The infrastructure was collapsing after the plundering of the silver during the Thatcher period and subsequent Tory governments.
It structures were collapsing.
=====
Once again, this present lot are again trying to "plunder" society for an advantaged of a minority.
------
I wish the UKIPP party the best of luck and hope they crash the tory party, which may help it to rid itself of the corrupting core in its present leadership.
I see the the core values of the UKIPP and some of the leadership of the Present Tory party (other than a few individuals) as corrupt and deserving of each other of each other.
I would like to know the average age of the tory conference attendees. I could be wrong, but I guess the age relates back to the days of the Raj.
I would prefer to see the return to a more moderate and representative tory party.
PS. Think back to a tory government where money was made by building a property or construction, putting it on the market with no intention of selling it until the price had been inflated 30 or 40% over a 12 month period.
Crazy capitalist principle!
Have a look at the result of that election.
=========================
MaxK
- 03 Oct 2014 21:26
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Nu Lab were in power for how many years?
What did they do to regulate banking??
Who was in charge when the last balloon went up???
goldfinger
- 03 Oct 2014 22:10
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It was a ballon that went up that included the World Max or have u forgotten?. Sown here in Britain by Maggie and the tories.
Labour even gave the BoE independance to control and regulate their own industry.......not to rob it and the people of Britain and the World.
Are you sure your a U Kipper or have u done the usual tory U TURN?? and cowarded out?.
Fred1new
- 03 Oct 2014 22:27
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,
Fred1new
- 03 Oct 2014 22:29
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Max,
Who was/were in charge when WW2 broke out?
Was/were he/they responsible for Britain's involvement?
What should they/he have done to prevent it.
Perhaps, you should look to see if their feet were paddling under the water.
I would like to see a review of what the leaders of that period were really thinking and what was happening.
Similar to 2004 - 2008.
I wonder if Blair saw the train crash coming!
(Actually type cash instead of crash. Ummmm)
Haystack
- 03 Oct 2014 22:32
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Liebor = tax and spend
Chris Carson
- 03 Oct 2014 22:52
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What a load of tosh. Fact remains Labour were in power at that time and they embraced it, did nothing to change it. Blaming Maggie doesn't wash.
As Abraham Lincoln was attributed to have said :-
You can fool some of the people all of the time, and all of the people some of the time. But you can not fool all of the people all of the time.
Facts speak for themselves Labour can not be trusted with the economy. End of!
goldfinger
- 04 Oct 2014 03:38
- 46749 of 81564
Errr Christine the Chancellor of the Exchequer under Maggie admitted.......
Although the "Big Bang" eased stock market transactions there is a debate in the UK about how far it affected the 2007–2012 global financial crisis. In 2010, Nigel Lawson, Thatcher's Chancellor at the time, appeared on the Analysis program to discuss banking reform, explaining that the 2007–2012 global financial crisis was an unintended consequence of the "Big Bang". He said that UK investment banks, previously very cautious with what was their own money, had merged with high street banks putting depositors' savings at risk and ...according to the program leading US banks to follow suit...............ends
its written in stone above Christine, written in black and white and you can protest all weekend but the man came out and said the Tories were responsible.
Chris Carson
- 04 Oct 2014 04:39
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Whatever Fred's Bitch, doesn't alter the facts that Labour did nothing. Rewarded Fred Goodwin a Knighthood FFS, and emptied the coffers. Your clutching at straws blaming a woman who for obvious reasons is no longer available for comment.
MaxK
- 04 Oct 2014 07:58
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Fred1new
- 04 Oct 2014 08:48
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cynic
- 04 Oct 2014 09:04
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whatever the ranting and raving here, my gut feeling is that come the big day, it will all be too close to call ...... i don't see any party having an overall majority, or if there is one, it will be minuscule and probably not workable for the full 5 year term - though harold wilson managed it once by calling a snap election shortly after getting into number 10
goldfinger
- 04 Oct 2014 10:34
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Christine stop being silly, Im blaming a women!!!!!! now you are talking tripe.
I backed Thomas Cook when it was down and out because of a new women CEO who knew her onions and I might add before that clown on advfn did. I swear to this day he knicked it off of me a little like WMH now.
In fact look at Hilary on here she was the only one to take me on the first round of debating. A fine strong women she is aswel, and one Im glad to say I called terribly wrong first time up.
I think you have pre-match nerves Christine, go down the golf club and down a few with the boys, errrrr sorry meant regulars.
MaxK
- 04 Oct 2014 10:34
- 46755 of 81564