o/t Thatcher statue given the thumbs down

Gordon Brown was praised for it by all world leaders if I remember correctly....as he was with other policies at the time (QE) It was the banks to blame in the first place for their greed and then it got the better of them again when given a second chance.

As for privatisation Thatchers policy was this...take a public company that is making a loss on paper, get your financial friends to value it (always got undervalued), tell the public they will be able to own part of said company and they will make money on the shares they buy, sell the shares to the public (making sure your financial friend get a nice big/cheap slice of the pie), wait until the share price goes up a little and Joe Public sell their shares at a nice little profit and your financial mates buy them, asset strip the company selling anything off that is not immediately needed and get rid of most of the workers, watch a loss making company suddenly become a magic money tree. Then wait a few years as all these financial types and bosses rake it in then realise that the infrastructure of the company doesn't exist anymore, watch the share price fall along with profits and sit back saying " I've made my money out of it, I'm alright Jack"

 

I'll take you up on that. You are a good post-er in my book, just not someone who can put an objective angle on Thatcher, as you surely must accept. See ya soon. x

 

Kind of agree, but if you have an industry which is a burden on the economy, why not say to private firms "ayup lads, fancy running this and see if you can make some money out of it", it's definitely going to be more efficient than something publicly funded - I've worked in local government for the last ten years and previously work for private companies so I know the inefficiencies. Some things are best controlled by the state, water, energy etc as it's all the same resource, other things, no.

 

I'm a likable chap, despite my political beliefs

 

In reality I'm OK too.

 

you could make that argument , that the post war economic model needed modernising , but when you look at what replaced it , thatcher s policies , were even worse off . Her whole plan has failed and needs braking up .

 

Communist

 

Irony.

 

I worked in the pits for a few years and it was common knowledge that when money was invested in your pit then it was only a short time till it would be shut down...cooking the books to their own advantage. When privatised the opposite happened...zero investment and culling of jobs to make artificially high profits.

Not that I distrust em like

 

I bet you drink Carlsberg

 

I would nt go that far , but I'm certain there s better ways to run an economy than our current model .

 

Like ****. The finest wines known to humanity.

 

Where in Barnsley were you brought up?

 

Yeah but if you run a business and you can make the same output with less staff, you're gonna make people redundant? That's how GDP per capita works, thankfully there's usually other industries people can move into. Obviously not great for people affected, my mate is a train guard, something that is somewhat redundant, I feel sorry for him that he'll probably not have a job in a few years but that's life, progress, he's a smart kid he'll find something else.

 

Vancouver via Worsbrough

 

How old are yer ? When did you leave ?

 

35,

hahahha one of my favourite films

 

When did your dad leave worsbroughcommon.
It's not Paul sykes is it?

 

My dad never lived in the UK, strangely I'm older than him, he died at 34

 

Who gives a fook? really? she's dead and gone and this is the most popular thread when the reds are playing. Time for folk to let it go, this is meant to be a footy forum after all...