Highway To The Danger Zone.....
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British Pms
Who was the most unpopular Prime Minister of all time in the UK.
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"On Wednesday, Mr. Brown’s officials announced a plan for major equity injections into British banks, backed up by guarantees on bank debt that should get lending among banks, a crucial part of the financial mechanism, running again. "
No other politician would have behaved any differently. And it didn't get lending among the banks running again. That problem persisted for some time after the crisis as none of the banks knew which of the others they could trust not to go down the kharzi. And Mr Brown would have had more cash to splash had he not increased public debt from around £345bn in 2000 to £525bn in 2008 principally by adding some 650,000 people to the public payroll, many of whom performed jobs which added no value to anything for anybody.
But I expect history will gloss over those minor details.
No other politician would have behaved any differently. And it didn't get lending among the banks running again. That problem persisted for some time after the crisis as none of the banks knew which of the others they could trust not to go down the kharzi. And Mr Brown would have had more cash to splash had he not increased public debt from around £345bn in 2000 to £525bn in 2008 principally by adding some 650,000 people to the public payroll, many of whom performed jobs which added no value to anything for anybody.
But I expect history will gloss over those minor details.
// Mr Brown would have had more cash to splash had he not increased public debt from around £345bn in 2000 to £525bn in 2008 //
After 4 years the public debt is half a £trillion more than when Osborne took over. He has borrowed more in these 4 years than Brown/Darling did over 13 years. Far from tackling our debt, Osborne has missed all his targets for debt reduction and has instead borrowed to the hilt.
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After 4 years the public debt is half a £trillion more than when Osborne took over. He has borrowed more in these 4 years than Brown/Darling did over 13 years. Far from tackling our debt, Osborne has missed all his targets for debt reduction and has instead borrowed to the hilt.
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"NJ, I'm 52 and am fully au-fait with her tenure's effect."
I'm sure you are , Zacs, having been 17 or thereabouts when she took office. What I was really referring to (and what perhaps I did not make quite clear) was what had happened in the preceding eight or nine years. Being only aged 8 at the start of the 70s and scarcely into your teens during the middle of that miserable decade I would suggest you had very little idea of just what it was like in the UK at that time. I was just setting out in my adult life and I was trying to make a go of things, only to find my efforts thwarted at every turn by some trade union baron calling his people out at the drop of a hat or some financial crisis (usually caused by the government, not the bankers). I remember rubbish piling up in the streets; I remember double digit inflation; I remember double digit mortgage interest rates; I remember the lack of money available for investment; I remember nationalised industries being so unreliable and inefficient that nobody could plan to do anything because the likelihood was that come the day you would not be able to. I can remember starting work with a new business owner. His business collapsed in a fortnight because he could not get a phone installed. He had to move elsewhere where phones were available.
That is what I meant when I mentioned the problems faced by Lady T in 1979.
I'm sure you are , Zacs, having been 17 or thereabouts when she took office. What I was really referring to (and what perhaps I did not make quite clear) was what had happened in the preceding eight or nine years. Being only aged 8 at the start of the 70s and scarcely into your teens during the middle of that miserable decade I would suggest you had very little idea of just what it was like in the UK at that time. I was just setting out in my adult life and I was trying to make a go of things, only to find my efforts thwarted at every turn by some trade union baron calling his people out at the drop of a hat or some financial crisis (usually caused by the government, not the bankers). I remember rubbish piling up in the streets; I remember double digit inflation; I remember double digit mortgage interest rates; I remember the lack of money available for investment; I remember nationalised industries being so unreliable and inefficient that nobody could plan to do anything because the likelihood was that come the day you would not be able to. I can remember starting work with a new business owner. His business collapsed in a fortnight because he could not get a phone installed. He had to move elsewhere where phones were available.
That is what I meant when I mentioned the problems faced by Lady T in 1979.
NJ...she "dealt" with the Unions by closing down the industries where their Members worked....no industry, no strikes...simples !
We now import coal from Perth, Australia to burn in our power stations. If you looked at a map of the world and was trying to find a place as far from Britain as possible, Western Australia would be high on your list. Does that make sense to anybody ?
We now import coal from Perth, Australia to burn in our power stations. If you looked at a map of the world and was trying to find a place as far from Britain as possible, Western Australia would be high on your list. Does that make sense to anybody ?
Leave you alone for five minutes and you are sla66ing of our greatest peace time leader, Baroness the Lady thatcher who's boots you not worthy to think about licking. I can only guess that farrier is a nauseating young oink with 3 grade z GCSEs from some asbo academy where the lefty teachers washed his brain cell with anti thatcher rhetoric because she exposed their flawed ideology. If you had been about in the 70s you'd understand why she is revered by many. Mikey at least has a go at understanding the situation. He still has misguided lefty tendencies but is at least able to argue a point rather that belt out vitriol from the roof tops with no reference to actual knowledge.
I challenge farrier to tell me his age. Yes it is a major relevant point when dicussing the many and vast achievments of MrsT. PS you have insured the constancy of my avatar for many weeks ahead. Why don't you have a go at getting one yourself.
I challenge farrier to tell me his age. Yes it is a major relevant point when dicussing the many and vast achievments of MrsT. PS you have insured the constancy of my avatar for many weeks ahead. Why don't you have a go at getting one yourself.
TTT...calm down dear ! (And thank for your veiled praise )
Whatever you and I think about Mrs V, and you are most certainly a fan, and I most certainly am not, you cannot argue that she was universally popular.
Any more than I can argue the same popularity for T Blair, even though he won three consecutive elections for the Labour Party. In no election since the war has the winning Party polled more than 50% of the popular vote, Any Party that is elected in Britain is always elected by a large minority, even in 1945, 1979, and 1997. In those landslide victories, the Party coming second wasn't that far behind. In non-landslide elections, the losing Party was even closer behind the victor. That is why Mrs V and T Blair, and any others that you can care to mention are never going to be liked by a majority of voters. But that is the way our present system of voting works.
In other words, you can't please all the people all of the time !
Whatever you and I think about Mrs V, and you are most certainly a fan, and I most certainly am not, you cannot argue that she was universally popular.
Any more than I can argue the same popularity for T Blair, even though he won three consecutive elections for the Labour Party. In no election since the war has the winning Party polled more than 50% of the popular vote, Any Party that is elected in Britain is always elected by a large minority, even in 1945, 1979, and 1997. In those landslide victories, the Party coming second wasn't that far behind. In non-landslide elections, the losing Party was even closer behind the victor. That is why Mrs V and T Blair, and any others that you can care to mention are never going to be liked by a majority of voters. But that is the way our present system of voting works.
In other words, you can't please all the people all of the time !
Sorry Sandy - Castlereagh WAS a prime minister
only one to commit suicide 1822 - big problems as the common law said he had to be buried still at a cross roads with a stake thro his heart....
Inquest was er 'managed' I think.
I ADMIT that he was Ld Aberdeen at the time ( he had succeeded his father) but history always calls him Castlereagh. Only Irish PM if you dont count Wllington ( he didnt - count himself as Oirish)
Best accounts of it at the time are lettres de Princesse Lieven
only one to commit suicide 1822 - big problems as the common law said he had to be buried still at a cross roads with a stake thro his heart....
Inquest was er 'managed' I think.
I ADMIT that he was Ld Aberdeen at the time ( he had succeeded his father) but history always calls him Castlereagh. Only Irish PM if you dont count Wllington ( he didnt - count himself as Oirish)
Best accounts of it at the time are lettres de Princesse Lieven
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