The truth about our country.

Sweey_as_a_nut

Our present problems started in 1986, the day Margaret Thatcher stated outside ten downing street that she is abolishing the rules that kept the banks from doing stupid things, like they done in 1929.


The Americans said we want a bit of the action and they also abolished the rules. After our glorious conservative party set the ball rolling. And it kept going until 1997, when Labour got into power. Could Labour say stop this madness, and lets restore the rules that kept us in good stead for over 50 years, I don't think our country would have appreciated that one bit, that's assuming Gordon Brown new, we were going tits up, as he did praise the banks regularly for the part they were playing in our economy.


That was not the only thing the conservative party done then, that put our economy on the slippery slop. They also just about abolished our industrial base, firms like Wards, Alfred Herbert and loads more... Because Maggie kept spouting we don't need a manufacturing base, we are going to a service economy, Uh, with the banks leading the way. Oh and don't lets forget Ken Clark keeping on how Labour inherited a strong economy that the conservative party provided.

marklv

Sweey_as_a_nut wrote: »

Our present problems started in 1986, the day Margaret Thatcher stated outside ten downing street that she is abolishing the rules that kept the banks from doing stupid things, like they done in 1929.


The Americans said we want a bit of the action and they also abolished the rules. After our glorious conservative party set the ball rolling. And it kept going until 1997, when Labour got into power. Could Labour say stop this madness, and lets restore the rules that kept us in good stead for over 50 years, I don't think our country would have appreciated that one bit, that's assuming Gordon Brown new, we were going tits up, as he did praise the banks regularly for the part they were playing in our economy.


That was not the only thing the conservative party done then, that put our economy on the slippery slop. They also just about abolished our industrial base, firms like Wards, Alfred Herbert and loads more... Because Maggie kept spouting we don't need a manufacturing base, we are going to a service economy, Uh, with the banks leading the way. Oh and don't lets forget Ken Clark keeping on how Labour inherited a strong economy that the conservative party provided.

Well, Blair and Brown continued the conservative policies, did they not? They did absolutely nothing to change things. Maybe Smith would have done if he had lived, but the 'New Labour' lot were all closet Tories. Blair's father is a true blue Tory, is he not? So why should Blair be considered a Labour man? He isn't and never really has been. Brown also did nothing to redress the imbalance in society, infact the rich got richer faster under 'New Labour' than under Thatcher!

ash28

marklv wrote: »

Well, Blair and Brown continued the conservative policies, did they not? They did absolutely nothing to change things. Maybe Smith would have done if he had lived, but the 'New Labour' lot were all closet Tories. Blair's father is a true blue Tory, is he not? So why should Blair be considered a Labour man? He isn't and never really has been. Brown also did nothing to redress the imbalance in society, infact the rich got richer faster under 'New Labour' than under Thatcher!

But the poor got richer too, it was the gap between the 2 that has grown in the last few years.

tomterm8

The labour party repealled pretty much all the changes the conservatives made in their Banking Act, and replaced the entire scheme of banking regulation. I don't think you can blame them for a problem that happened a decade after their regulations were removed.

Nosht

I blame Harold Wilson "the pound in your pocket will not be devalued" for going cap in hand to the Gnomes of Zurich to bale him out after his disasterous "jobs for life", pension policies, compulsory Industrial Training Boards & failure to cope with massive world inflation. :eek:

Regards,

N.

markharding557

Nosht wrote: »

I blame Harold Wilson "the pound in your pocket will not be devalued" for going cap in hand to the Gnomes of Zurich to bale him out after his disasterous "jobs for life", pension policies, compulsory Industrial Training Boards & failure to cope with massive world inflation. :eek:

Regards,

N.

Crikey that is going a long way back was harold wilson pm in the sixties?

Nosht

markharding557 wrote: »

Crikey that is going a long way back was harold wilson pm in the sixties?

The best decade yet.
Yes just after Harold McMillan told us that "we have never had it so good", how very true then.


Regards,

N.

Mary_Hartnell

Yes but a lot of countries were having it even better then.

The Germans were building the largest export economy in the world basedt on engineering.
We were exporting 7" PVC discs to a value greater than our car industry - No wonder the Beatles were invited to the Palace.

Sweey_as_a_nut

Tomterm8, let me try to tell you again, Maggie allowed the banks to disregard the rules that safe guarded our well being in this country, she and her bunch of halfwits started the ball rolling. The banks then had 12 years to run amok with our economy. There was no way any new government could prevent the inevitable.


Markiv, if you took time to read what I wrote, you would see that neither Blair or Brown wanted to stop it happening. The country was going along ok. It do make you wonder, all them civil servants we have working at the treasury never said a word, just let it happen, until the day the pack of cards crashed down, even Digby Jones never uttered one word of warning.


We are paying these people big money, all of them should have their pensions stopped. We are where we are, I am no conservative, however I hope for all our sakes that they make a good humane job of getting us back on our feet.

jonewer

I blame Boadicea.

Sweey_as_a_nut

Jonewer, you are correct, Maggie likened herself to Boadicea. Well remembered.