0 Members and 1 Guest are viewing this topic.
Quote from: \"RedJ\" post=203704Quote from: \"Filo\" post=203703We`ll see what \"call me Dave\" stands for when the UK gets swallowed up by the Franco-German empire! I can't see guile in any of his action so far, so until fuhrer notice, I don't expect any change.One inkling of treaty change to UK`s detriment should trigger a referendum, I bet it does n`t though, they can`t risk upsetting rent boy Clegg can they?
Quote from: \"Filo\" post=203703We`ll see what \"call me Dave\" stands for when the UK gets swallowed up by the Franco-German empire! I can't see guile in any of his action so far, so until fuhrer notice, I don't expect any change.
We`ll see what \"call me Dave\" stands for when the UK gets swallowed up by the Franco-German empire!
So you're saying he was wrong to fix Maggie's mess? \"Oh, sorry guys, we were very bad people to give you all these new schools and hospitals!\" I don't think so. The system's crashing again - you say we should \"never allow the socialists any where near the levers of power ever again\" but the capitalists haven't done a very fcuking good job either..
QuoteSo you're saying he was wrong to fix Maggie's mess? \"Oh, sorry guys, we were very bad people to give you all these new schools and hospitals!\" I don't think so. The system's crashing again - you say we should \"never allow the socialists any where near the levers of power ever again\" but the capitalists haven't done a very fcuking good job either.. Thank God for Maggie. She sorted out most of those power crazed union bosses that were ruining the country. Only a few more left now to sort out. You think what Gordon has done is fixed Maggie's mess. He has left the country with massive debts through his wild overspending of money he didn't have. He failed to regulate the banks compounding the problem, letting them get away with blue murder. He's the one that has caused the biggest mess the country has been in since the world wars. It's a fact that Labour always leave the country in a financial mess every time they leave power. You can stick socialism where the sun don't shine.
More to the point did you buy him a pint on Paypal? Maybe your wife will lend you the money out of her generous public sector pay.
Yeah Mick. Thanks for that considered response. I'm getting there now. You've clearly done a lot more thinking than me so please bear with me while I catch up.But there's just one other thing that I'm struggling with.See, I'd heard (could be wrong, it was a public sector worker who told me - you'll probably know the real answer) that by 2007, just before the GLOBAL credit catastrophe happened, our debt to GDP ratio was actually lower than it had been in 1997 when Labour took over. So (this public sector bloke sez) Brown had actually left us (before the Global disaster) in a better position than we'd been under Maggie and Major.What do you make of that? I'm guessing it's probably lefty propaganda myself.
I see what you're getting at Mick. And that article by Fraser Nelson. Such a well balanced boy he is. Not at all the sort of person who you'd have down a a rabid right-winger who'd call Norman Tebbit a socialist. Even handed is his middle name. But, see, I'm struggling again. Isn't cherub-faced Fraser talking about total UK debt in that article? Nothing to do with Gordon Brown or anyone else in Government, but the debt that our wonderful banks rang up, and the debts that you and I rang up with all them conservatories and holidays in the Canaries. (Not me of course. I was working too hard in the public sector to take holidays in the Canaries, but I know plenty of mates in the private sector who had 3 or 4 a year in the noughties. Always wondered how they paid for it....)So what's the deal Mick? I'm sat at your feet here like Grasshopper in front of blind Master Po waiting for words of wisdom. Is it Gordon and the Government? Or is it all our decking and Benidorm holidays? And are we the only country in the world to have a debt problem? And how do you get out of a debt crisis without strong GDP growth. Has any country - ANY country in history ever done that?
Quote Who was responsible for regulating the banks?Erm, no one, the Tories de-regulated them!
Who was responsible for regulating the banks?
Or you could just stop making things up (yet again), seeing as public spending actually increased under Maclehose.
Erm, no one, the Tories de-regulated them!
QuoteErm, no one, the Tories de-regulated them! Doesn't mean that when they were obviously gambling like crazy that Gordon couldn't have introduced legislation to curb them. They helped him ruin the country on his not inconsiderable watch of 13 years.
QuoteOr you could just stop making things up (yet again), seeing as public spending actually increased under Maclehose.My mistake. It was John James Cowperthwaite. http://gwulo.com/node/6190
You’re definitely onto a winner there. Can’t see it failing at all.
So then, you`re obviously a supporter of the Tories and you wanted the Labour government to re-regulate the banks, even though you supported the Tories in de-regulating them?
QuoteYou’re definitely onto a winner there. Can’t see it failing at all. It's about time you saw the light. I'm glad you have stopped believing the stupid myth that the solution to all our problems is to keep spending and borrowing. Welcome to the real world.
ou keep blathering on about what Brown should have done. You DO realise that we're in a global economy?What do you think would have happened to the UK economy had Brown unilaterally imposed onerous regulations on the banking industry in 1997. You reckon Fred Goodwin et al would have all started work as entrepreneurial technologists and we'd have suddenly turned ourselves into Germany? Or do you think the financial sector would have upped sticks and moved to America or Switzerland where they and their (then) highly successful business would have been welcomed with open arms?I fully agree that the banking deregulation on a global scale was a catastrophic mistake which has led directly to our present problems. But it is a world wide mistake. Brown himself has admitted that his biggest mistake was not getting the whole world to rein in the banks. But us doing it ourselves would have been a disaster. We'd have been in recession for the noughties and still copped for the current problems. Go look at Germany's case over the last decade. As for your continued assertion that cutting savagely is the way to bring down Govt debt, what's your take on what has happened to Japan over the last 20 years? That is by far and away the most apt recent example.
YQuoteou keep blathering on about what Brown should have done. You DO realise that we're in a global economy?What do you think would have happened to the UK economy had Brown unilaterally imposed onerous regulations on the banking industry in 1997. You reckon Fred Goodwin et al would have all started work as entrepreneurial technologists and we'd have suddenly turned ourselves into Germany? Or do you think the financial sector would have upped sticks and moved to America or Switzerland where they and their (then) highly successful business would have been welcomed with open arms?I fully agree that the banking deregulation on a global scale was a catastrophic mistake which has led directly to our present problems. But it is a world wide mistake. Brown himself has admitted that his biggest mistake was not getting the whole world to rein in the banks. But us doing it ourselves would have been a disaster. We'd have been in recession for the noughties and still copped for the current problems. Go look at Germany's case over the last decade. As for your continued assertion that cutting savagely is the way to bring down Govt debt, what's your take on what has happened to Japan over the last 20 years? That is by far and away the most apt recent example.Brown should have at least intervened in 2005 when the banks were running out of control. He could have intervened without having to get the rest of the world onside. He didn't, in fact he called for even less regulation. As I said, incompetence on a breathtaking scale. I don't agree with your thesis that if he had intervened we'd have had all the problems you mention. In fact we'd have coped far better with the American sub prime scenario that has caused so much mayhem.I've not said anything about cutting savagely. The reason is because we are not cutting savagely. The national debt is still increasing. All that has happened with the so called savage cuts is that the rate our national debt is growing is slowing down. A common misconception amongst 90% of the public, in particular leftie socialists is that the government is cutting savagely. Nothing could be further from the truth. They are merely scratching the surface of the debt mountain.How do we get out of this mess? Firstly Gordon Brown should be executed as a warning to other politicians not to take the piss with the electorate in future. Then we need to slash tax rates so people can keep more of what they earn and use it far more effectively than politicians. All they try to do is spend as much as possible to buy votes. Then we need to shrink the state massively and let people take over the daily running of their lives. John James Cowperthwaite's model which is still used to this day in Hong Kong is good enough for me. Problem sorted.
Please explain.