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Jimenez SELHURSTPARKCHESTER,DA BRONX 08 Apr 15 9.04pm
Quote serial thriller at 08 Apr 2015 2.27pm Quote Jimenez at 08 Apr 2015 2.15pm Quote serial thriller at 08 Apr 2015 2.08pm Quote Jimenez at 08 Apr 2015 2.07pm Quote serial thriller at 08 Apr 2015 2.04pm Quote Willo at 06 Apr 2015 9.53am The fact remains that the 2.6% UK growth in 2014 is faster than any other advanced economy including Germany and seven times the level in France.There has been a 100,000 fall in unemployment announced last month and the expected unemployment rate of 5.3% this year is nearly half the eurozone average of 9.8%.There are lots of people sharing the "Benefits of a Tory government" ! Willo, I know when you see that I'm posting you probably won't read anything more than 'Marxist loon', but I just am genuinely intrigued as to how far Tory spin affects you. It's stupid to see any statistic as good or bad in and of itself. What a lot of Tory supporters are doing is looking at the employment stats and simply claiming that the quantity of jobs created is reason enough to believe the Tories have done a great job on the economy. But dig deeper and even you must know, in your heart of hearts, that it's bollocks to at least some degree. Most jobs have been created in the private sector,and of those, 80% are in London, mainly in services, so people working in Pret a Manger or Burger King, that sort of thing. So most jobs created under the coalition are low-wage and insecure (Only about 13% of private sector workers are in unions, for example, which regardless of what you think of them means less job security). This probably goes someway to explaining why productivity's so low. Why would you care about working hard if you're just serving people moccachinos or working behind a till all day? More importantly, if you're working on joke money in LONDON, you're pretty f*cked when it comes to finding somewhere to live. Paying London rents, bills, food etc on £6.50 an hour? Yeah right. If the UK wants long term growth, it's gonna have to raise the minimum wage, even Boris Johnson's clued up enough to be calling for businesses in London to start paying £9 an hour. But more importantly job creation in this country clearly hasn't been a good thing in and of itself, because it's leaving people far worse off in real terms. So two questions for you Willo: why should anyone trust the Tories on the economy when it's clear that the jobs being created aren't improving people's lives? (If you want mass employment, go and live in a totalitarian regime where everyone's working in sweatshops) and Why should we care about growth when people are worse off in real terms now than before the crash? (again, if you want growth, go to the Congo, one of the fastest growing economies in the world where half the people can't drink clean water) SIMPLE start your own business!! Everyone in Britain? No mainly the academically gifted who bitch about life's problems !! I'm baffled, are you making a point about what I've said or just making some veiled attack at me? Apologies Serial, I was heading out the door for my first session of Chemo so my response was a bit garbled. No I meant that Starting one's own business should be encouraged rather than handouts for the Unemployed. The problem with Socialists is that they believe everyone is a 'victim'!! Pro USA & Israel
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Jimenez

SELHURSTPARKCHESTER,DA BRONX 08 Apr 15 9.04pm

Quote serial thriller at 08 Apr 2015 2.27pm

Quote Jimenez at 08 Apr 2015 2.15pm

Quote serial thriller at 08 Apr 2015 2.08pm

Quote Jimenez at 08 Apr 2015 2.07pm

Quote serial thriller at 08 Apr 2015 2.04pm

Quote Willo at 06 Apr 2015 9.53am

The fact remains that the 2.6% UK growth in 2014 is faster than any other advanced economy including Germany and seven times the level in France.There has been a 100,000 fall in unemployment announced last month and the expected unemployment rate of 5.3% this year is nearly half the eurozone average of 9.8%.There are lots of people sharing the "Benefits of a Tory government" !

Willo, I know when you see that I'm posting you probably won't read anything more than 'Marxist loon', but I just am genuinely intrigued as to how far Tory spin affects you.

It's stupid to see any statistic as good or bad in and of itself. What a lot of Tory supporters are doing is looking at the employment stats and simply claiming that the quantity of jobs created is reason enough to believe the Tories have done a great job on the economy. But dig deeper and even you must know, in your heart of hearts, that it's bollocks to at least some degree.

Most jobs have been created in the private sector,and of those, 80% are in London, mainly in services, so people working in Pret a Manger or Burger King, that sort of thing. So most jobs created under the coalition are low-wage and insecure (Only about 13% of private sector workers are in unions, for example, which regardless of what you think of them means less job security).

This probably goes someway to explaining why productivity's so low. Why would you care about working hard if you're just serving people moccachinos or working behind a till all day? More importantly, if you're working on joke money in LONDON, you're pretty f*cked when it comes to finding somewhere to live. Paying London rents, bills, food etc on £6.50 an hour? Yeah right.

If the UK wants long term growth, it's gonna have to raise the minimum wage, even Boris Johnson's clued up enough to be calling for businesses in London to start paying £9 an hour. But more importantly job creation in this country clearly hasn't been a good thing in and of itself, because it's leaving people far worse off in real terms.

So two questions for you Willo:

why should anyone trust the Tories on the economy when it's clear that the jobs being created aren't improving people's lives? (If you want mass employment, go and live in a totalitarian regime where everyone's working in sweatshops)

and

Why should we care about growth when people are worse off in real terms now than before the crash? (again, if you want growth, go to the Congo, one of the fastest growing economies in the world where half the people can't drink clean water)

SIMPLE start your own business!!

Everyone in Britain?

No mainly the academically gifted who bitch about life's problems !!

I'm baffled, are you making a point about what I've said or just making some veiled attack at me?

Apologies Serial, I was heading out the door for my first session of Chemo so my response was a bit garbled. No I meant that Starting one's own business should be encouraged rather than handouts for the Unemployed. The problem with Socialists is that they believe everyone is a 'victim'!!

Pro USA & Israel

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nickgusset Shizzlehurst 08 Apr 15 9.22pm
[Link] A slightly, ahem, different ppb from the greens.
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nickgusset

Shizzlehurst 08 Apr 15 9.22pm

[Link]
A slightly, ahem, different ppb from the greens.

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TUX redhill 08 Apr 15 9.24pm
Quote Jimenez at 08 Apr 2015 9.00pm [Link] Maybe a UK version of this would be a vote winner? I guess it would be to the fickle. Sadly there are many of them.
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TUX

redhill 08 Apr 15 9.24pm

Quote Jimenez at 08 Apr 2015 9.00pm

[Link]

Maybe a UK version of this would be a vote winner?

I guess it would be to the fickle. Sadly there are many of them.

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Willo South coast - west of Brighton. 08 Apr 15 10.03pm
Quote TUX at 08 Apr 2015 7.27pm As you appear have time on your hands why not put it to better use and help people, rather than trying to brainwash people? I am perfectly comfortable with my "Roles in life" at the present time so I shall consign the "Better use and help people" to the dustbin of history.Roll eyes.
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Willo

South coast - west of Brighton. 08 Apr 15 10.03pm

Quote TUX at 08 Apr 2015 7.27pm

As you appear have time on your hands why not put it to better use and help people, rather than trying to brainwash people?

I am perfectly comfortable with my "Roles in life" at the present time so I shall consign the "Better use and help people" to the dustbin of history.Roll eyes.

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legaleagle 08 Apr 15 10.13pm
Quote Willo at 08 Apr 2015 6.58pm Quote legaleagle at 08 Apr 2015 6.25pm Can you remind me which party it was that came up with the idea of,promoted, and then introduced the (to use your terminology) "irresponsible" deregulation of the financial sector in the UK in the interests of enabling us all to enjoy the "benefits" of the free market in financial services? Clue:it was in power from 1979-97 My goodness ! Even blaming the Conservatives for issues that never occurred on their watch ! Labour came to power in 1997 - when was the banking crisis ? 2008 ? Even Labour have admitted their failings in this respect. Edited by Willo (08 Apr 2015 6.58pm) Yes,Labour under Blair in keeping with his Thatcher-lite approach did some deregulation tweaking,which was a bad thing.But,you've missed the point in your desire to see everything in terms of black and white: Tory =only ever blameless,Labour=always to be blamed.The financial deregulation was put on the political agenda by the Tories ,who set the wheels firmly in motion.Those pre-1997 wheels were a prime cause of the financial problems affecting the banks and the wider economy in 2008-10. They sowed the seed and down the line we raped the harvest. You harp on about those problems because it suits you;they took place under a Labour government.But,the factors causing them can be traced back to Maggie's time in office.But,since that's an inconvenient truth for you,you will no doubt ignore it because the cause were "reforms" introduced by a Tory government not a Labour one. Edited by legaleagle (08 Apr 2015 10.18pm)
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legaleagle

08 Apr 15 10.13pm

Quote Willo at 08 Apr 2015 6.58pm

Quote legaleagle at 08 Apr 2015 6.25pm

Can you remind me which party it was that came up with the idea of,promoted, and then introduced the (to use your terminology) "irresponsible" deregulation of the financial sector in the UK in the interests of enabling us all to enjoy the "benefits" of the free market in financial services?

Clue:it was in power from 1979-97

My goodness !
Even blaming the Conservatives for issues that never occurred on their watch !
Labour came to power in 1997 - when was the banking crisis ? 2008 ?
Even Labour have admitted their failings in this respect.

Edited by Willo (08 Apr 2015 6.58pm)

Yes,Labour under Blair in keeping with his Thatcher-lite approach did some deregulation tweaking,which was a bad thing.But,you've missed the point in your desire to see everything in terms of black and white: Tory =only ever blameless,Labour=always to be blamed.The financial deregulation was put on the political agenda by the Tories ,who set the wheels firmly in motion.Those pre-1997 wheels were a prime cause of the financial problems affecting the banks and the wider economy in 2008-10. They sowed the seed and down the line we raped the harvest.

You harp on about those problems because it suits you;they took place under a Labour government.But,the factors causing them can be traced back to Maggie's time in office.But,since that's an inconvenient truth for you,you will no doubt ignore it because the cause were "reforms" introduced by a Tory government not a Labour one.

Edited by legaleagle (08 Apr 2015 10.18pm)

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Willo South coast - west of Brighton. 08 Apr 15 10.18pm
Quote legaleagle at 08 Apr 2015 10.13pm Quote Willo at 08 Apr 2015 6.58pm Quote legaleagle at 08 Apr 2015 6.25pm Can you remind me which party it was that came up with the idea of,promoted, and then introduced the (to use your terminology) "irresponsible" deregulation of the financial sector in the UK in the interests of enabling us all to enjoy the "benefits" of the free market in financial services? Clue:it was in power from 1979-97 My goodness ! Even blaming the Conservatives for issues that never occurred on their watch ! Labour came to power in 1997 - when was the banking crisis ? 2008 ? Even Labour have admitted their failings in this respect. Edited by Willo (08 Apr 2015 6.58pm) Yes,Labour under Blair in keeping with his Thatcher-lite approach did some deregulation tweaking,which was a bad thing.But,you've missed the point in your desire to see everything in terms of black and white: Tory =Good,Labour=Bad.The financial deregulation was put on the political agenda by the Tories ,who set the wheels firmly in motion.Those pre-1997 wheels were a prime cause of the financial problems affecting the banks and the wider economy in 2008-10. They sowed the seed and down the line we raped the harvest. You harp on about those problems because it suits you;they took place under a Labour government.But,the factors causing them can be traced back to Maggie's time in office.But,since that's an inconvenient truth for you,you will no doubt ignore it because the cause were "reforms" introduced by a Tory government not a Labour one. Edited by legaleagle (08 Apr 2015 10.14pm) Indeed, a Labour government that had been in office since 1997 ! As I have mentioned, even Labour have admitted their culpability ! It is a "Convenient" to blame a Conservative government when the problems did not happen on their "Watch" !!!! Opponents can harp on about Conservative policies when they were in power but if Labour felt they were so bad they had ample time to do something about them.And THEY were the Government from 1997 to 2008 when the crisis started.I'm sure there's a football analogy somewhere ! Anyway, I have another busy day tomorrow so I am off to bed now ! Goodnight ! Edited by Willo (08 Apr 2015 10.25pm)
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Willo

South coast - west of Brighton. 08 Apr 15 10.18pm

Quote legaleagle at 08 Apr 2015 10.13pm

Quote Willo at 08 Apr 2015 6.58pm

Quote legaleagle at 08 Apr 2015 6.25pm

Clue:it was in power from 1979-97

Edited by Willo (08 Apr 2015 6.58pm)

Yes,Labour under Blair in keeping with his Thatcher-lite approach did some deregulation tweaking,which was a bad thing.But,you've missed the point in your desire to see everything in terms of black and white: Tory =Good,Labour=Bad.The financial deregulation was put on the political agenda by the Tories ,who set the wheels firmly in motion.Those pre-1997 wheels were a prime cause of the financial problems affecting the banks and the wider economy in 2008-10. They sowed the seed and down the line we raped the harvest.

Edited by legaleagle (08 Apr 2015 10.14pm)

Indeed, a Labour government that had been in office since 1997 ! As I have mentioned, even Labour have admitted their culpability ! It is a "Convenient" to blame a Conservative government when the problems did not happen on their "Watch" !!!!

Opponents can harp on about Conservative policies when they were in power but if Labour felt they were so bad they had ample time to do something about them.And THEY were the Government from 1997 to 2008 when the crisis started.I'm sure there's a football analogy somewhere !

Anyway, I have another busy day tomorrow so I am off to bed now ! Goodnight !

Edited by Willo (08 Apr 2015 10.25pm)

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legaleagle 08 Apr 15 10.24pm
Quote Willo at 08 Apr 2015 10.18pm Quote legaleagle at 08 Apr 2015 10.13pm Quote Willo at 08 Apr 2015 6.58pm Quote legaleagle at 08 Apr 2015 6.25pm Can you remind me which party it was that came up with the idea of,promoted, and then introduced the (to use your terminology) "irresponsible" deregulation of the financial sector in the UK in the interests of enabling us all to enjoy the "benefits" of the free market in financial services? Clue:it was in power from 1979-97 My goodness ! Even blaming the Conservatives for issues that never occurred on their watch ! Labour came to power in 1997 - when was the banking crisis ? 2008 ? Even Labour have admitted their failings in this respect. Edited by Willo (08 Apr 2015 6.58pm) Yes,Labour under Blair in keeping with his Thatcher-lite approach did some deregulation tweaking,which was a bad thing.But,you've missed the point in your desire to see everything in terms of black and white: Tory =Good,Labour=Bad.The financial deregulation was put on the political agenda by the Tories ,who set the wheels firmly in motion.Those pre-1997 wheels were a prime cause of the financial problems affecting the banks and the wider economy in 2008-10. They sowed the seed and down the line we raped the harvest. You harp on about those problems because it suits you;they took place under a Labour government.But,the factors causing them can be traced back to Maggie's time in office.But,since that's an inconvenient truth for you,you will no doubt ignore it because the cause were "reforms" introduced by a Tory government not a Labour one. Edited by legaleagle (08 Apr 2015 10.14pm) Indeed, a Labour government that had been in office since 1997 ! As I have mentioned, even Labour have admitted their culpability ! It is a "Convenient" to blame a Conservative government when the problems did not happen on their "Watch" !!!! Its even more convenient to avoid taking any responsibility whatsoever for disasters sown on Maggie's watch and reaped some years later.Labour have admitted,to their credit, their culpability for continuing the previous administration's madness.But,Tories like you are shameless in failing to acknowlede what a disaster the financial deregulation you implemented and put on the agenda so firmly turned out to be (and where it was always going to be some years before the pigeons would come home to roost). Edited by legaleagle (08 Apr 2015 10.27pm)
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legaleagle

08 Apr 15 10.24pm

Quote Willo at 08 Apr 2015 10.18pm

Quote legaleagle at 08 Apr 2015 10.13pm

Quote Willo at 08 Apr 2015 6.58pm

Quote legaleagle at 08 Apr 2015 6.25pm

Clue:it was in power from 1979-97

Edited by Willo (08 Apr 2015 6.58pm)

Yes,Labour under Blair in keeping with his Thatcher-lite approach did some deregulation tweaking,which was a bad thing.But,you've missed the point in your desire to see everything in terms of black and white: Tory =Good,Labour=Bad.The financial deregulation was put on the political agenda by the Tories ,who set the wheels firmly in motion.Those pre-1997 wheels were a prime cause of the financial problems affecting the banks and the wider economy in 2008-10. They sowed the seed and down the line we raped the harvest.

Edited by legaleagle (08 Apr 2015 10.14pm)

Its even more convenient to avoid taking any responsibility whatsoever for disasters sown on Maggie's watch and reaped some years later.Labour have admitted,to their credit, their culpability for continuing the previous administration's madness.But,Tories like you are shameless in failing to acknowlede what a disaster the financial deregulation you implemented and put on the agenda so firmly turned out to be (and where it was always going to be some years before the pigeons would come home to roost).

Edited by legaleagle (08 Apr 2015 10.27pm)

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Stirlingsays 08 Apr 15 10.38pm
Quote legaleagle at 08 Apr 2015 10.24pm Its even more convenient to avoid taking any responsibility whatsoever for disasters sown on Maggie's watch and reaped some years later.Labour have admitted,to their credit, their culpability for continuing the previous administration's madness.But,Tories like you are shameless in failing to acknowlede what a disaster the financial deregulation you implemented and put on the agenda so firmly turned out to be (and where it was always going to be some years before the pigeons would come home to roost). Edited by legaleagle (08 Apr 2015 10.27pm) I'd say that was fair enough comment. The reasons for the crash aren't connected to which party was in power.....It was the financial system and both parties supported the form of operation. I'm no lib dem supporter but to their credit they had been criticizing the 'credit debt' system for quite a while before any crash. The political establishment pretend to know what the 'masters of the universe' are doing in the city but in truth a lot of them are just as much a load of chancers themselves. 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

08 Apr 15 10.38pm

Quote legaleagle at 08 Apr 2015 10.24pm

Edited by legaleagle (08 Apr 2015 10.27pm)

I'd say that was fair enough comment.

The reasons for the crash aren't connected to which party was in power.....It was the financial system and both parties supported the form of operation.

I'm no lib dem supporter but to their credit they had been criticizing the 'credit debt' system for quite a while before any crash.

The political establishment pretend to know what the 'masters of the universe' are doing in the city but in truth a lot of them are just as much a load of chancers themselves.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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Johnny Eagles berlin 08 Apr 15 10.48pm
Quote pefwin at 08 Apr 2015 11.35am Taxing Non-Doms. [Link] Good idea, I would like to say it was proposed on HOL over 2 years ago. Funny how they've waited til less than 30 days before an election to mention it. Almost as if they've done it to grab a few votes! I'm sure they'll carry it out though if elected, rather than quietly drop it and cosy up to rich non-doms once in power like what Blair did. ...we must expand...get more pupils...so that the knowledge will spread...
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Johnny Eagles

berlin 08 Apr 15 10.48pm

Quote pefwin at 08 Apr 2015 11.35am

Taxing Non-Doms.

[Link]

Good idea, I would like to say it was proposed on HOL over 2 years ago.

Funny how they've waited til less than 30 days before an election to mention it. Almost as if they've done it to grab a few votes!

I'm sure they'll carry it out though if elected, rather than quietly drop it and cosy up to rich non-doms once in power like what Blair did.

...we must expand...get more pupils...so that the knowledge will spread...

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Willo South coast - west of Brighton. 09 Apr 15 8.13am
Quote legaleagle at 08 Apr 2015 10.24pm But,Tories like you are shameless in failing to acknowlede what a disaster the financial deregulation you implemented What !!!! It was Labour who took many of the powers away from the 'Bank Of England' as part of a programme of "Light touch" regulation, in fact it was they who implemented the new programme with the FSA etc etc ! Even the then Governor of the 'Bank Of England' Mervyn King said they were powerless to act in many circumstances. It was Gordon Brown who setup the regulatory framework.Labour were in power for 13 years, and presided over the economic crisis. No-one can possibly apportion the blame anywhere else. Off now to campaign in a 'Target Seat'. I have a busy day ahead !!!! Edited by Willo (09 Apr 2015 8.51am)
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Willo

South coast - west of Brighton. 09 Apr 15 8.13am

Quote legaleagle at 08 Apr 2015 10.24pm

But,Tories like you are shameless in failing to acknowlede what a disaster the financial deregulation you implemented

What !!!!

It was Labour who took many of the powers away from the 'Bank Of England' as part of a programme of "Light touch" regulation, in fact it was they who implemented the new programme with the FSA etc etc ! Even the then Governor of the 'Bank Of England' Mervyn King said they were powerless to act in many circumstances.

It was Gordon Brown who setup the regulatory framework.Labour were in power for 13 years, and presided over the economic crisis. No-one can possibly apportion the blame anywhere else.

Off now to campaign in a 'Target Seat'. I have a busy day ahead !!!!

Edited by Willo (09 Apr 2015 8.51am)

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Hoof Hearted 09 Apr 15 10.22am
Quote Johnny Eagles at 08 Apr 2015 10.48pm Quote pefwin at 08 Apr 2015 11.35am Taxing Non-Doms. [Link] Good idea, I would like to say it was proposed on HOL over 2 years ago. Funny how they've waited til less than 30 days before an election to mention it. Almost as if they've done it to grab a few votes! I'm sure they'll carry it out though if elected, rather than quietly drop it and cosy up to rich non-doms once in power like what Blair did. The Chuckle Brothers can't even get their story straight between them. 2 weeks ago Balls ruled this out as unlikely to raise money whereas now Miliband claims it will bring in 100's of Millions.... LOL Those two are doing the Tory campaigning on their own!
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Hoof Hearted 09 Apr 15 10.22am

Quote Johnny Eagles at 08 Apr 2015 10.48pm

Quote pefwin at 08 Apr 2015 11.35am

Taxing Non-Doms.

[Link]

Good idea, I would like to say it was proposed on HOL over 2 years ago.

Funny how they've waited til less than 30 days before an election to mention it. Almost as if they've done it to grab a few votes!

I'm sure they'll carry it out though if elected, rather than quietly drop it and cosy up to rich non-doms once in power like what Blair did.

The Chuckle Brothers can't even get their story straight between them.

2 weeks ago Balls ruled this out as unlikely to raise money whereas now Miliband claims it will bring in 100's of Millions.... LOL

Those two are doing the Tory campaigning on their own!

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legaleagle 09 Apr 15 10.40am
Quote Willo at 09 Apr 2015 8.13am What !!!! It was Labour who took many of the powers away from the 'Bank Of England' as part of a programme of "Light touch" regulation, in fact it was they who implemented the new programme with the FSA etc etc ! Even the then Governor of the 'Bank Of England' Mervyn King said they were powerless to act in many circumstances. It was Gordon Brown who setup the regulatory framework.Labour were in power for 13 years, and presided over the economic crisis. No-one can possibly apportion the blame anywhere else. Off now to campaign in a 'Target Seat'. I have a busy day ahead !!!! Edited by Willo (09 Apr 2015 8.51am) Oh dear What a short and selective memory you have,even relating to the time the last Labour government was in office.Tory pressure for even greater deregulation of the financial sector didn't end with the 1979-97 Conservative governments. In 2007, on the eve of the banking crisis where the financial deregulation chicken truly came home to roost,Dave C endorsed a Conservative Party report titled "Freeing Britain to Compete".calling for even LESS regulation of banks and specifically mortgage and pension provisions by financial institutions.The report also saw “no need to continue to regulate mortgage provision“, saying it is the lender, not the client, who should take the risk. "The (Labour) government claims that this regulation is all necessary. They seem to believe that without it banks could steal our money... We need to make it more difficult for ministers to regulate A Conservative government should relax banking regulation, allowing a new breed of venture/micro-credit institutions.. Competition is the customers’ main ally. It is competition which keeps the bank honest... We see no need to continue to regulate the provision of mortgage finance, as it is the lending institutions rather than the client taking the risk... Our aim is to liberate the economy from the burden of unnecessary regulations... From its first days in office, a Conservative government should challenge the public and press assumptions that encourage excessive regulation, and explain the likely effects of and reasons for its regulatory reforms... Gordon Brown’s early decision to make the Bank of England the independent judge of interest rates, with the creation of the Monetary Policy Committee, was an idea whose time had come...However, it is important to understand the limitations that the Government placed on the Bank’s independence; and we will recommend that, in contrast, a Conservative government takes action to strengthen the MPC still further." Edited by legaleagle (09 Apr 2015 7.08pm)
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legaleagle

09 Apr 15 10.40am

Quote Willo at 09 Apr 2015 8.13am

What !!!!

It was Gordon Brown who setup the regulatory framework.Labour were in power for 13 years, and presided over the economic crisis. No-one can possibly apportion the blame anywhere else.

Off now to campaign in a 'Target Seat'. I have a busy day ahead !!!!

Edited by Willo (09 Apr 2015 8.51am)

Oh dear

What a short and selective memory you have,even relating to the time the last Labour government was in office.Tory pressure for even greater deregulation of the financial sector didn't end with the 1979-97 Conservative governments.

In 2007, on the eve of the banking crisis where the financial deregulation chicken truly came home to roost,Dave C endorsed a Conservative Party report titled "Freeing Britain to Compete".calling for even LESS regulation of banks and specifically mortgage and pension provisions by financial institutions.The report also saw “no need to continue to regulate mortgage provision“, saying it is the lender, not the client, who should take the risk.

"The (Labour) government claims that this regulation is all necessary. They seem to believe that without it banks could steal our money...

We need to make it more difficult for ministers to regulate

A Conservative government should relax banking regulation, allowing a new breed of venture/micro-credit institutions..
Competition is the customers’ main ally. It is competition which keeps the bank honest...
We see no need to continue to regulate the provision of mortgage finance, as it is the lending institutions rather than the client taking the risk...

Our aim is to liberate the economy from the burden of unnecessary regulations...

From its first days in office, a Conservative government should challenge the public and press assumptions that encourage excessive regulation, and explain the likely effects of and reasons for its regulatory reforms...

Gordon Brown’s early decision to make the Bank of England the independent judge of interest rates,
with the creation of the Monetary Policy Committee, was an idea whose time had come...However, it is important to understand the limitations that the Government placed on the
Bank’s independence; and we will recommend that, in contrast, a Conservative government takes
action to strengthen the MPC still further."

Edited by legaleagle (09 Apr 2015 7.08pm)

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