What happens to the FTSE if the UK becomes Socialist?

Brian65

MaxiRobriguez wrote: »

Socially more liberal but economically things have definitely moved to the right, including under Blair.

Yes but there's a bit more to it than that.
The so-called free-market Government's interventions in the housing market to restrict supply with planning constraints, whilst subsidising demand with taxpayer's money, have benefited some enterprises at the expense of others.

HardCoreProgrammer

Voyager2002 wrote: »

Evidently you are too young to remember the 1970s and the stories that you have been told are essentially mythical.

I clearly remember the events in question (I was at university at the time) and understood what was happening, and I am actively campaigning for a Labour government. I suggest that you move on from the 'Sun' to something like the Financial Times.

I feel that I cannot leave this unchallenged.

Are stories of constant strikes, rubbish uncollected, etc., mythical? I am not sure, but from how the unions for railway workers have been behaving, I know that this country will be in big trouble if everyone behaves like them (in one operator, they have called a strike on all but 2 days in December).

Let me give you a story from my friend in the good old days. He was working in an unionised industry, and the union called a strike. He defied them and went into work anyway. The next day, someone left him a piece of paper containing his address, his children's names and which schools they attended.
Similar tactics as the Gastapo. He was glad that Thatcher sorted them out, eventually.



I do not really care about politics, but being able to get to work and keeping my hard earnt money do matter to me.

Please tell me how they will find the £58 billion to pay the WASPI people - no doubt with pension money which others have saved. This is the problem of a left wing (doesn't matter socialist or communist) government: they love to use OPM (other people's money) for their own little fancy causes.
I really do not know what is scarier: the fact that a bunch of nutters can be votedinto power, or the fact that so many people are prepared to vote them into power.

I will take my money with my skills if they get in - sorry for not being politically incorrect, but this is what it is.

Finally, before you start making assumptions on my newspaper reading habits (and before you ask, no I do not read the 'Sun', I suggest that you take a good look at whom the *current* Labour party really represents.

Eco_Miser

HardCoreProgrammer wrote: »

This is the problem of a left wing (doesn't matter socialist or communist) government: they love to use OPM (other people's money) for their own little fancy causes.

As indeed do every other government.

There's a film called Other People's Money - it's not about a socialist government.

Londonlisa12

Voyager2002 wrote: »

Evidently you are too young to remember the 1970s and the stories that you have been told are essentially mythical.

I clearly remember the events in question (I was at university at the time) and understood what was happening, and I am actively campaigning for a Labour government. I suggest that you move on from the 'Sun' to something like the Financial Times.

So the 15% mortgage rates all the banks were charging were mythical were they?

If so its going to be the next PIP scandal and lets see £20,000 at 15% over 45 years should be quite a few £million coming back for a lot of us.

Mythical ,your are obviously clueless.like anyone that wants the terrorist loving marxist into power.

MaxiRobriguez

Londonlisa12 wrote: »

Mythical ,your are obviously clueless.like anyone that wants the terrorist loving marxist into power.

Said without irony. :rotfl:

Malthusian

IanManc wrote: »

Either you've got memory loss - in which case you have my sympathies - or you're just bullsh1tting in support of your preferred political party.

He was at university in the 1970s. He was unemployed and his charlady sorted his bins out so he had no particular reason to remember the strikes.

[Deleted User]

Poor_Leno wrote: »

I don't get why there's so much right wing press. Not only that, but why people are fooled into trusting or believing what they publish, especially given how low trust and popularity is among all politicians, left and right.

On a typical weekday, as far as I can see among the mainstream papers, the only 'left leaning' papers are the Mirror and the Guardian, and the only centrist paper to the core is the 'i'. The Times used to be centrist but seems a lot more soft right these days to me. The only paper I ever buy is the 'i' because I enjoy the different perspectives and views, aswell as my own being challenged. I don't understand why people would choose to read something that conforms to their feelings or beliefs. Surely as people you want to feel challenged by not only life itself, but what you read, watch or consume in general. Or am I over-estimating the 'regular folk' of the population? Do people really just pick up and buy whatever produces a tick box in their head? I suppose its no different to a chocaholic or an alcoholic straying down the same road, even if, at heart, they really don't want to. But choosing what you read can't really be compared to an addiction either. So why do so many people buy into this right wing populism?

Ever read the background to the News on Sunday - a short-lived left wing paper in 1987
https://en.wikipedia.org/wiki/News_on_Sunday
If I remember rightly they managed to plug in a kettle and stop the print room electric