Breathtaking sanctimony from MONG

[omnipleasant]

How is it down to the Tories, PC? They've not been in power for ages.

It's clearly a global problem, but for me Labour have to share some of the blame for sticking too closely the same discredited rightwing, free market, low tax, low regulation ideology as the Tories are still wedded to.

Luckily, Labour have learned the lesson now though.

[flatandy]

Jan 26, 2009 16:55:44 GMT @omnipleasant said:

Luckily, Labour have learned the lesson now though.

Rubbish. Utter rubbish.

Their solution to this was to keep spending low and cut taxes a bit.

Gordon's great plan to prevent this was an "early warning system", a bit like having league tables, or targets, or what have you, rather than actually intervening and doing stuff.

Still utterly wedded to the same useless rubbish. Just because the Tories are also wedded to it shouldn't blind you to the fact that Darling and Brown were still desperate to not privatise Northern Rock, were still desperate to not take stakes in the banks they bailed out. And now, having done so, are still desperate to let the market work rather than actually use the fact they own controlling interests to, well, control and dictate the markets.

[omnipleasant]

Hmph yeah I suppose you're partly right. The UK banking system should be completely nationalised and the markets and financial sector strangled with red tape by now. And the fiscal stimulus should have been much, much more than a piddling £20bn.

And why on God's green earth they lifted the ban on short selling is beyond me.

Still far too wedded to the Tory ideology that caused all this. But changing slowly but surely.

[omnipleasant]

Oh and - our petty refusal to join the Euro is looking a bit short-sighted now.

[flatandy]

The stimulus package is about 2% of the size of the US one, when our economy is about 20% the size of the US one. It's pitiful. The stimulus package in terms of spending is even more pathetic.

I don't want the banks nationalised. What I want is for the banks that are nationalised or which the government owns 40% or 70% stakes in, to start lending at volumes and rates that the government thinks appropriate. That should force the private banks to either compete properly or go out of business. If the government nags the banks to change behaviour yet actually own those banks, it's utterly stupid and weak.

Gordon is still useless, from the Blairite form of corporate right-wingery.

[flatandy]

And yes, the pathetic Blair/Brown pandering to the nationalist and right-wing twats has come back to bite them on the arse, over the Euro. It was always Brown who was most obsessed by staying out, the silly cnut.

[omnipleasant]

Eh? What's the difference between a 70% controlling stake and state control over company policies, and nationalisation?

[omnipleasant]

True about Gordo and the Euro. Again, too much pandering to rightwing, Tory fcukwittery.

[flatandy]

Well, the government has 70% control and can't be arsed to influence company policy.

But I'd like the banks, like Barclays, who didn't fcuk up so badly, to still exist as completely private entities, able to compete directly with government controlled banks. I don't want a nationalised banking sector. I just want a nationalised element driving competition whilst the sector remains fcuked. And I'd like the government to flog the banks off again for huge amounts of cash once they're insanely profitable like they usually are. And use that money to pay off most of the money they're going to spaff up on the wall on a massive fiscal stimulus.

[policecar]

That should force the private banks to either compete properly or go out of business.

But remember in Mongs wonderful rose tinted fantasy Britain businesses will not be allowed to go out of business as long as they are banks or car manufacturers owned by foreign companies - the rest of you can suck on it

[policecar]

In fact spazza's grasp of the economy is becoming so surreal it's resembling the plot of a David Lynch movie - at the next Budget Darling will be replaced by a dwarf speaking backwards.

[ricklinc]

Yeah. Keep looking at everything with the basic flawed ideology and blame the right wingers. You contemptible cnut. You're the kind of idiot animal that keeps on pushing the same stupid rubbish at the country because you can't admit that you are flat out completely wrong.

Hitler in his bunker. Brown behind his sofa. I hope it ends the same way.

[flatandy]

Hazel Blears? Or Patricia Hewitt?

[omnipleasant]

It's obvious why the govt had to save the banks, but got to admit, I have no fcuking idea why they are so keen to save the car industry.

Let them go under, and pump money into retraining people to do something useful - teachers, social workers, quangos regulating financial industries etc.

[omnipleasant]

"blame the right wingers"

I'm only blaming them because it's entirely their fault.

[flatandy]

Jan 26, 2009 17:28:52 GMT @omnipleasant said:

Let them go under, and pump money into retraining people to do something useful - ...

Building tidal barrages; retrofitting homes with decent insulation and geothermal sinks and heat pumps and solar roofing; designing perpetual motion machines; doing the chemistry on fuel cells for electric cars, build guillotines for politicians, etc.

[ricklinc]

Deluded. There is no doubt in my mind about that.

[mids]

It really makes you wonder if Brown is operating a scorched earth policy.

[omnipleasant]

Completely agree Mids. Why else would he refuse to move any further away from rightwing, free market, Tory ideology unless he genuinely wanted to bring the country down?

[policecar]

pump money into retraining people to do something useful - teachers, social workers, quangos regulating financial industries etc.



ahahahahahahaha

who pays for it when Britain's manufacturing and financial services industries are a smouldering wreck?