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What Did Thatcher Ever Do For Us?
Comments
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I'd say it was the other way round. The original post is correct.
It is a STATISTICAL FACT that maggie was the best peacetime Pm we have had. .......
EVERYONE got richer not just the rich........
When I was a kid (I am 50) no-one had a colour tv and no-one holidayed abroad. Therewas one car per family and kids walked to shool.These days near enough everyone has sky, a colur hd digital tv, a dvd, a pc, a games console and a mobile phone. many people go abroad and many families have 2 or more cars. None of them bar a car are necessities, yet most "poor" people have at least one of each.......
What do you mean by "best"? Ah money and material things.
You exemplify the culture she created. It knew the cost of everything and the value of nothing. It was obsessed by material gain.
The car is only a necessity when you regard a bus service as a profitable enterprise rather than infrastructure to allow people to get to work.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
My dad bought several BT shares and profited enormously from them. They were the first he ever bought. i think he got some in british gas after that. he bought other shares also, after that which did really well. until he lost thousands while labour were in power!!!!!
If only MSE were around. Unless he was very wealthy investing your money in specific shares like BT and BG is a high risk strategy. I guess he learned the hard way.
Of course he must have been very unlucky too. When Thatcher was eased out the FTSE was about 2000 its now 6500 ish. At no time in between has it reached anywhere below 3500 so he must have sold his shares unwisely.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
If only MSE were around. Unless he was very wealthy investing your money in specific shares like BT and BG is a high risk strategy. I guess he learned the hard way.
Of course he must have been very unlucky too. When Thatcher was eased out the FTSE was about 2000 its now 6500 ish. At no time in between has it reached anywhere below 3500 so he must have sold his shares unwisely.
Didn't BT shares hit 1500 at one point 278 today?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Originally Posted by BobQ
........The reality is they nationalised these firms for good reasons at the time.
While I could see a case for allowing private companies to buy them back, why was it done at a knock down price for short term reasons to fund tax cuts?
.Nationalised industries were NOT bought back by the 'establishment' at knock down prices.
They were sold to ordinary voters who chose to apply or not.
The number of shares that one could apply for was modest.
I never said they were "bought back by the 'establishment' at knock down prices."
I said that nationalisation was done for good reasons at the time it was done (private industry in danger of going bust).
I said that I can see a political argument that it was sensible to return them to the private sector. But what I objected to was that they were sold without getting the best price for the taxpayer.
The fact that it gave ordinary people a wad of cash to waste on whatever the fad was at the time does not mean that it was right to let them go on the cheap, particularly when they were very quickly sold and bought up by pension funds and major investors.
Either way I did not say what you claim I did!Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
grizzly1911 wrote: »Didn't BT shares hit 1500 at one point 278 today?
They did but the present price doesn't include O2
If you buy a share for £1.30 and sell it for £2.78 + whatever your O2 share is worth have you made a loss0 -
That is the con that all these maggie cheerleaders forget when talking about privatisation now.
"Mrs. Jones" down the road who had a chance to invest and thought it was great that buying shares would enable her to take part in this new way of doing things ended up shafted.
If Mrs Jones had bought BT shares and sold the same day she could have made up to 80% profit, they were flogged on the cheap.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
What do you mean by "best"? Ah money and material things.
You exemplify the culture she created. It knew the cost of everything and the value of nothing. It was obsessed by material gain.
The car is only a necessity when you regard a bus service as a profitable enterprise rather than infrastructure to allow people to get to work.
I didn't mean the car was a necessity for work. My hubby cycles to work. I just mean that some people do need a car for things.
I am not going to argue with all these posts. people have their opinions and are entitled to them. I just know our country is in a terrible ,ess because of Blair and brown. Oh and I live in merseyside, bought my own non council house at 21, then upgraded at 23 to a semi. I have been a stay at home housewife for years and my hubby has never earned more than 16k a yr. however we are in no debt because I know how to budget and manage money. (And have been a money saver since LONG before the net hadall these forums!) What a shame Blair and brown couldn'tI can be brown I can be blue I can be violet and sky. I can be hurtful I can be purple I can be anything you like..Gotta be green gotta be mean gotta be everything more...0 -
If only MSE were around. Unless he was very wealthy investing your money in specific shares like BT and BG is a high risk strategy. I guess he learned the hard way.
Of course he must have been very unlucky too. When Thatcher was eased out the FTSE was about 2000 its now 6500 ish. At no time in between has it reached anywhere below 3500 so he must have sold his shares unwisely.
No not wealthy. working class, but probably top end by he retired because after being made redundant under Labour he started up on his own as an engineer/architect and earned far more than previously. Although not rich he is certainly comfortable now retired. And no I have not had a penny from him,in response to the last person i quoted! but will of course inherit his house etc. It is not about "grabbing" as one would then leave it for the next generation.I can be brown I can be blue I can be violet and sky. I can be hurtful I can be purple I can be anything you like..Gotta be green gotta be mean gotta be everything more...0 -
You exemplify the culture she created. It knew the cost of everything and the value of nothing. It was obsessed by material gain.
You exemplify the typical labour voter who knows nothing!
I know the value of everythijg. i never earned a lot before having my children and nor has my husband.
However I know the value of EVERYTHING. We own our 4 bed semi outright and have done for the past 10 years, we own our own new car, we have several holidays a year and have no debt. because I know the value of everything and can manage really well!
I will just state I do not own a flatscreen TV, and none of the 4 of us in our home owns a mobile, with the exception of my 18 yr old daughter who has an old second hand one she carries for emergency which has had £5 credit on for months! I have the lowest phone/broadband price possible. We never buy fast food/cans of pop, food/coffee to go. I buy in bulk things on offer, and when we go out I take a flask, kids drinks and sarnies etc etc. I cycle to various supermarkets and buy their reductions. My freezer is full of yellow labels. If we have an icecream as a treat while out, we go to a supermarket and buy a pack of 4 for £1. It ALL adds up!
So, you know nothing and have me ALL wrong... sorry!
If more people lived by those principles there'd be far less debt!I can be brown I can be blue I can be violet and sky. I can be hurtful I can be purple I can be anything you like..Gotta be green gotta be mean gotta be everything more...0 -
You exemplify the typical labour voter who knows nothing!
I know the value of everythijg. i never earned a lot before having my children and nor has my husband.
However I know the value of EVERYTHING. We own our 4 bed semi outright and have done for the past 10 years, we own our own new car, we have several holidays a year and have no debt. because I know the value of everything and can manage really well!
I will just state I do not own a flatscreen TV, and none of the 4 of us in our home owns a mobile, with the exception of my 18 yr old daughter who has an old second hand one she carries for emergency which has had £5 credit on for months! I have the lowest phone/broadband price possible. We never buy fast food/cans of pop, food/coffee to go. I buy in bulk things on offer, and when we go out I take a flask, kids drinks and sarnies etc etc. I cycle to various supermarkets and buy their reductions. My freezer is full of yellow labels. If we have an icecream as a treat while out, we go to a supermarket and buy a pack of 4 for £1. It ALL adds up!
So, you know nothing and have me ALL wrong... sorry!
If more people lived by those principles there'd be far less debt!
I have no particularly strong political allegiances but I guess I lean towards the left. I even voted Conservative in 1979.....not since then though.
We own our own 5 bed detached house have 2 (newish, one has just had it's first MOT and the due early next year) cars, have no debt and have several holidays abroad every year. We are thinking of buying a 4wd this year....we moved to the country and the last couple of winters have been a bit naff weather wise.
I have a contract iphone, OH has a very old PAYG Samsung (given to him by one our children), and the grandson (11) has a contract Blackberry.
We have 2 x 42" flatscreen tvs - 1 of them is in our bedroom (it's a big room and the old eyes are not getting any younger) and a smaller flatscreen in each of the other 4 bedrooms. We also have Sky..full package.
We have a lap top each plus a tower system in the study....an xbox, a playstation (used in the living room as a media centre, blurays, netflix, iplayer etc) a nintendo wii and a psp.
I don't shop for yellow stickers, in fact I try not to use the supermarkets at all if I can avoid it - I use a local butcher who sells locally produced meat (helps keep local businesses going), the local farm shops (attached to a farm not a garden centre - someone mentioned on another board cauliflowers costing £2 in the supermarket, I'm happy paying 50p to a farmer), I buy eggs from a lady who keeps hens and has an honesty box (helps to give her an income), bacon comes from the little village shop and it's home cured - delicious, and I don't buy fast food (except for grandson's occasional McDonalds).
I buy coffee to go and not to go (it helps keep someone in a job), I don't do picnics (my idea of a picnic is a bottle of coke and a bag of sweets in the car)...I'd rather have lunch in a nice pub (helps keep a business open and keep someone in work). I also buy my petrol from the village garage - a couple of pence a litre more than the supermarkets - but I'd rather he had my money than them, especially as they actually come out and fill your car for you AND a young lad cleans your windscreen while you wait....luxury!
You can be as critical of our lifestyle as much as you like but it would be a sad old world if we all had the same values....but fortunately we don't, that's one of the things that makes this board interesting.0
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