What did maggie do?

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VIRII said:
Govt refusal to do anything to stop people borrowing against perceived value in the house.
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It doesn't really matter what perceived values, as long as you can afford the mortgage at the end of the month, what will kill these people is a large rise in interest rates rather than a drop in their house value (as long as they don't want to sell/move)

To be honest all this gumf about low interest rates for houses makes me smile, the U.S. and Europe both have much lower interest rates than us, also if you get a mortage in the U.S. you can fix it for the life of the loan (not a product we are able to even buy in this country).

Also our house prices are sky high, what would you prefer:-

1. A house for £55000 with an intest rate at 13%
2. A house for £165000 with an intest rate at 6%

obviously it would be number 1, we are brainwashed in this country to think we are getting a good deal with interest rates, its hogwash.

HEADRAT
 
VIRII said:
Could he have been any more basic ? He was chastised for being boring for goodness sake. The fundamental ideals of back to basics and common sense and old fashioned values is sound. It however requires someoneof political magnitude to make them happen, we need Magie back. :)
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John Major needed a good scandal, should've released those affair stories a lot sooner.
 
VIRII said:
We have ridden nothing out. He has fuelled spending with people borrowing.
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That's simply not true. Through the first years of Brown's management we ran a surplus, not a defecit. It is only in the coming years that we face a problem.

There has been no overheating, inflation has not moved.
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Exactly. Inflation has been kept under control.
 
VIRII said:
Could he have been any more basic ? He was chastised for being boring for goodness sake. The fundamental ideals of back to basics and common sense and old fashioned values is sound. It however requires someoneof political magnitude to make them happen, we need Magie back. :)
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but didnt he himself have an affair at the time, only came to light recently and also you had a tory mp being found dead wearing a plastic bag on his head and a pair of tights. amongst other bad things done by tory mps.
 
Mr Jack said:
That's simply not true. Through the first years of Brown's management we ran a surplus, not a defecit. It is only in the coming years that we face a problem.



Exactly. Inflation has been kept under control.
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By excessive borrowing. Guess what the payback for that will be.

The first years of Browns reign he stuck entirely to Clarkes spending and taxation plan ... it really says it all.
 
vanpeebles said:
but didnt he himself have an affair at the time, only came to light recently and also you had a tory mp being found dead wearing a plastic bag on his head and a pair of tights. amongst other bad things done by tory mps.
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Um so what ? Some people have different sexual preferences to you, what of it ?
 
vanpeebles said:
do you think people would be annoyed to have a thing like back to basics preached at them, while the policitians themselves get up to all kinds?
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I was not aware that back to basics was about telling us what kind of sexual practices we could indulge in.
I thought it was about old fashioned, policing, punishment, education and so forth. A land full of people who do not harm others by stealing or doleblagging.
A land where criminals are punished.
 
im sure phrases such as victorian morals were mentioned.

this is off wikipedia

"John Major's "Back to Basics" campaign back-fired because of media focus on its morality aspects, where they exposed "sleaze" within the Conservative Party and, most damagingly, within the Cabinet itself. A number of ministers were then revealed to have committed sexual indiscretions, and Major was forced by media pressure to dismiss them. In September 2002 it was revealed that, prior to his promotion to the cabinet, Major had himself had a longstanding extramarital affair with a fellow MP, Edwina Currie."
 
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VIRII said:
A land where criminals are punished.
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No we're now life in a society where:-

Gypsies are above the law.

We're not locking people up for the fear of having to build more prisons.

The single parent is king and the classic family unit in not in vogue.

Where long term sick has gone through the roof because its easier than being on job seekers allowance.

The silent majortiy of Middle England are ignored.

Gambling (Casinos) and 24 hour drinking are around the corner.

etc.

I could go own but I'm fast become a caricature of Victor Meldew, "I don't beleive it"

HEADRAT
 
HEADRAT said:
He slept with Edwina Curry, he must be braver than I thought, that woman had a bigger set than John could ever deam of ;)

HEADRAT
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hehe :p Actually I like Edwina Curry, she would have made a better Tory leader than the current dismal crop of candidates!
 
I don't think Edwina would take any excrement, the Tory party is lost, what can you do when the left wing party moves to the middle and takes all of your ground!

The Labour Party is a weird mix, in some ways it still has left wing policies and then it does something as radically right wing as invading Iraq, at least when Maggie invaded the Falklands we could claim it was British soil (mind you I'm not sure how we would feel if the Argi's had claim on the Isle of White)

HEADRAT
 
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dirtydog said:
lol I can't argue with that :) New Labour only pretend to be socialists of course. Even people like Diane Abbott, a supposed dyed-in-the-wool unreconstructed old school left winger, preached about state schools but sent her kids to private school... a hypocrite of the highest order, sadly.
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Yes, she is. But at least she's an honest hypocrit and openly admitted it. Not that she could do much else, of course.

She said, basically (and paraphrasing) "Yes it's hypocritical. But I am not prepared to sacrifice my child's start in life for my political beliefs". In that, at least, I totally agree and sympathise with her stance.

The hypocrisy, of course, is expecting other people that don't earn what an MP earns to do so. But at least she had the good grace to blush and say (in these words, IIRC) "Mea culpa".
 
Sequoia said:
Yes, she is. But at least she's an honest hypocrit and openly admitted it. Not that she could do much else, of course.

She said, basically (and paraphrasing) "Yes it's hypocritical. But I am not prepared to sacrifice my child's start in life for my political beliefs". In that, at least, I totally agree and sympathise with her stance.

The hypocrisy, of course, is expecting other people that don't earn what an MP earns to do so. But at least she had the good grace to blush and say (in these words, IIRC) "Mea culpa".
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She was caught with her hand in the cookie jar - as you say, what else could she have done except own up! :) She may have been honest but her credibility vanished forever.
 
Visage said:
Well, for a start, the Thatcher government allowed councils to run their pension funds down to 75% in order to subsidise local taxes and make the Poll tax look like a good deal

Was that reasonable?
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And the Brown government (sorry, Blair government, under Brown's Chancellorship) have clobbered everybody's pension funds, extracting billions for the Exchequer.

Was that reasonable?
 
Sequoia said:
And the Brown government (sorry, Blair government, under Brown's Chancellorship) have clobbered everybody's pension funds, extracting billions for the Exchequer.

Was that reasonable?
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Visage's point was that Thatcher wasn't averse to fiddling things to make local tax lower in Tory areas, something which VIRII seemed to think only Labour did.
 
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