The Big Question this a.m. poverty

[JB40]

I think you've made a successful contribution kathie. I'm off too.

[Starshine007]

Originally Posted by kate13

M your one off us :winK: we could never call her thatch but we can find alot of words to describe her that arn't lady like

Well that's a relief

Yeah, we had a few nicknames for her down here too. Not all Londoners were hoodwinked by her and the tories (they don't deserve a capital T).

As much as I was all for the concept of a female PM, She didn't do women in politics any favours. Can't see another woman being voted in as PM in my lifetime.

[kate13]

Originally Posted by ratcatcher

have a look at the couple of posts just above where she contradicts herself...

She's punching air... no knocks outs this round, sorry to disappoint.

Ratty i'm not contradicting anything, stating facts.

Anyways you didn't answer did u buy a council house ?


M mmm she did put us women back a few years, in the labour party i wouldn't say any off them are leader quality, i can't see another bessie braddock coming through the ranks.

[ratcatcher]

Originally Posted by kate13

Ratty i'm not contradicting anything, stating facts.

Anyways you didn't answer did u buy a council house ?


M mmm she did put us women back a few years, in the labour party i wouldn't say any off them are leader quality, i can't see another bessie braddock coming through the ranks.

I have never lived in publicly owned property so no.

You did contradict yourself - you said there was no manufacturing in the UK then published all those lists showing there was.

[JB40]

Kathie didn't contradict herself at all.

Just because there is still some manufacturing going on doesn't mean that there hasn't been a decline in manufacturing. If you didn't notice how British manufacturing was decimated in the 1980s, then you must have been in a coma rodent.

You're irrational need to defend thatcher defies common sense.

And, back to the credit crunch.

The trading of derivatives, which is what ultimately created the crash, became more and more focused on London and "the city".

For example, US insurance company AIG, who found themselves exposed by their trading in derivatives, did most of their transactions through an unregulated office . . . . . .based in the city of London.

This pattern has been repeated for most of the big players in the 2008 credit crunch.

Deregulation was not lead by bush at all. Gordon brown played a bigger part than bush because of his policy of deregulation.

Perhaps your irrational dislike of all things American seems to be blinding you to rational argument.

Your desire to take an opposing view is making your responses a touch reactionary.

[ratcatcher]

Originally Posted by JB40

Kathie didn't contradict herself at all.

Just because there is still some manufacturing going on doesn't mean that there hasn't been a decline in manufacturing. If you didn't notice how British manufacturing was decimated in the 1980s, then you must have been in a coma rodent.

You're irrational need to defend thatcher defies common sense.

And, back to the credit crunch.

The trading of derivatives, which is what ultimately created the crash, became more and more focused on London and "the city".

For example, US insurance company AIG, who found themselves exposed by their trading in derivatives, did most of their transactions through an unregulated office . . . . . .based in the city of London.

This pattern has been repeated for most of the big players in the 2008 credit crunch.

Deregulation was not lead by bush at all. Gordon brown played a bigger part than bush because of his policy of deregulation.

Perhaps your irrational dislike of all things American seems to be blinding you to rational argument.

Your desire to take an opposing view is making your responses a touch reactionary.

Where have I defended Thatch (which by the way, was how a once hardened critic - Ben Elton - refered to her)? just because I don't have the red mist and blame everything on a couple of selected targets because that fits my personal political agenda doesn't make me a reactionary - it makes me open minded.

And where did you get the "hate all things American" from?

[JB40]

Hang on rodent, let's take things one at a time.

I suggested that most of the transactions of derivatives that lead to the credit crunch in 2008 came through the city of London.

You ranted on about how it was all down to America generally, and bush specifically.

And then put my opinion down to some kind of irrational hate of thatcher ( and, curiously, lehmann brothers).

You then proceeded to tell me that I lacked a fundamental grasp of the subject.

All that turned out to be untrue.

American law made it more difficult for the corporations to keep dealing in the derivatives, which is why most of the corporations used offices in heavily deregulated city of London.

I didn't have much of an opinion about lehmann's before any of this.

Then you tried to deny that there had been a decline in manufacturing because kathie had printed a list of exports from the UK.

Wrong on all counts.

You tend not tomthink before posting rodent. That makesnyou reactionary. Just responding negatively to an argument as a knee-jerk reaction.

[rhondda rudie]

More a question of watching what was going on around him I suspect.I remember going to the job centre and watching the white cards get more and more spread out on the green baize boards.What jobs there were demanded extensive experience and paid pitiful wages,a classic example of "market forces".And then I get home and that prick Tebbit is telling me to get on my bike and look for work.The Tories were and remain a bunch of c****.

[ratcatcher]

Originally Posted by JB40

Hang on rodent, let's take things one at a time.

I suggested that most of the transactions of derivatives that lead to the credit crunch in 2008 came through the city of London.

You ranted on about how it was all down to America generally, and bush specifically.

And then put my opinion down to some kind of irrational hate of thatcher ( and, curiously, lehmann brothers).

You then proceeded to tell me that I lacked a fundamental grasp of the subject.

All that turned out to be untrue.

American law made it more difficult for the corporations to keep dealing in the derivatives, which is why most of the corporations used offices in heavily deregulated city of London.

I didn't have much of an opinion about lehmann's before any of this.

Then you tried to deny that there had been a decline in manufacturing because kathie had printed a list of exports from the UK.

Wrong on all counts.

You tend not tomthink before posting rodent. That makesnyou reactionary. Just responding negatively to an argument as a knee-jerk reaction.

interesting choice of words...

you suggest yet I rant.

replacing argument with propoganda is hardly the action of the open minded intellectual.

[ratcatcher]

Originally Posted by rhondda rudie

More a question of watching what was going on around him I suspect.I remember going to the job centre and watching the white cards get more and more spread out on the green baize boards.What jobs there were demanded extensive experience and paid pitiful wages,a classic example of "market forces".And then I get home and that prick Tebbit is telling me to get on my bike and look for work.The Tories were and remain a bunch of c****.

No one said the tories were good for your country.

no one said unemployent wasn't bad.

no one said that each unemployed person isn't a tragic tale in itself.

However that was not the root cause of the credit crunch.