Thatcher dead

[pominoz]

She did it herself more or less and I tend to assume most political biographies present their subject in a flattering light. The only ones I've read where the author is quite open about their failings are Richard Crossman, Alan Clark & to a slightly lesser extent Chris Mullin

But it's still a fascinating read about one of the most explosive political eras. I suspect she's not the sort of person who would ever admit to making a mistake anyway, apart from maybe some faux admission that she made a mistake by not being radical enough

That to me say's it all, no matter how wrong many of her policies were wrong, she would not back down, even if it meant the downfall of the country she "loved".

But she didn't think they were wrong. That's the point. She saw herself as saving the country not destroying it.She thought socialism and the civil service were destroying it. In the book she quotes a senior mandarin as saying (before she came to power) that it was the job of the Civil Service to manage an orderly decline.

When she came to power, she realised that the Civil Service saw itself as a policy adviser (and Crossman says exactly the same thing). The Treasury decides what's going to be spent, where and when and Permanent Secretaries force this position on their Ministers. The policies they wanted to implement were ones that didn't rock the boat or cause them too much hassle.

She made it clear that the government made policy and it was the job of the Civil Service to implement it.

And she was wrong (imo), not that she would ever admit it.

 

[BluePurgatory]

I wonder why one side of the Commons chamber is pretty empty!

Labour party should be grateful to Thatcher. She made them what they are today. Blair was her political heir.

I can't think of a worse association for a supposed Labour PM. He should be ashamed.

And don't forget Brown who invited the Lady to no 10 and had a painting of her commissioned!

 

[Prestwich_Blue]

Labour party should be grateful to Thatcher. She made them what they are today. Blair was her political heir.

I can't think of a worse association for a supposed Labour PM. He should be ashamed.

And don't forget Brown who invited the Lady to no 10 and has a painting of her commissioned!

He was another one who was ideologically driven and didn't appear to have an ounce of human feeling in his body. So no surprise there.

 

[BluePurgatory]

I can't think of a worse association for a supposed Labour PM. He should be ashamed.

And don't forget Brown who invited the Lady to no 10 and has a painting of her commissioned!

He was another one who was ideologically driven and didn't appear to have an ounce of human feeling in his body. So no surprise there.

My favourite all time socialist "don't do as I do but do as I say" is Derek Hatton. In October 2008 he did an interview with The Sunday Telegraph. Hatton revealed that he has become a capitalist running a property company in Cyprus and drives a £60,000 Range Rover. He justifies his change in attitude as "My days in politics were a very long time ago and I lost interest in it after I was expelled from the city council. YCMIU!

 

[pominoz]

Just been shouted into the living room by Mrs Richfan who is watching the news. Can anyone explain to her (and me) the reason why her son is known as Sir Mark Thatcher ?

The system, always has and always will look after their own, fuck the plebs (us).
How i hate them?

Is that the British system or the Australian?

The Australian system is open to all (with talent), not just those that have a birthright for seats.
Hard for someone like you to understand, but being a high ranking bible basher does not get you a gig, sorry.

 

[BluePurgatory]

The system, always has and always will look after their own, fuck the plebs (us).
How i hate them?

Is that the British system or the Australian?

The Australian system is open to all (with talent), not just those that have a birthright for seats.
Hard for someone like you to understand, but being a high ranking bible basher does not get you a gig, sorry.

I don't understand why you should be so concerned what happens over here? After all, you deserted your comrades back in the 80's when things got a bit rough after your stunt as a YTS.

 

[TonyBook]

By now you should have a flavor of just how twisted from the truth the lefties will go, I could carry on but its far more use telling you to look things up for yourself.

Maggie Thatcher was honest, did what needed to be done for the sake of the country rather than pander to populist nonsense, and rescued this country from the brink, anyone says different go look up the facts for yourself........then tell them they are idiots.

Comedy. You talk of truth telling and facts and yet several times you talked about the country being bankrupt under Labour. What a farcical comment to make. Bankruptcy is when the worth of your assets don't exceed your debt. Britain was not only not at that point, it was never anywhere near that point. You've imagined this out of thin air.

[bigimg]http://www.economicshelp.org/blog/wp-content/uploads/2012/09/public-sector-debt-perc-gdp-hmT.png[/bigimg]

As you can see, our public debt actually went DOWN under Callaghan. Of course it went down too, under the latter years of Thatcher after remaining steady for a while but you should expect that for two reasons:

1. North Sea oil, brought in huge revenues Callaghan never had. If you want to see the impact it had, see this: <a class="postlink" href="http://www.edmundconway.com/2013/04/thatcher-and-north-sea-oil/" onclick="window.open(this.href);return false;">http://www.edmundconway.com/2013/04/tha ... h-sea-oil/</a>
2. Selling off of public assets.

However, selling off public assets i.e. privatisation, doesn't improve your situation with respect to bankruptcy does it? It's simply using an asset to pay off a debt. It doesn't make you richer unless you sell above market value. But Thatcher didn't sell above market value did she? She sold below market value. Well below market value. I think I'm right in saying everything that was privatised at least doubled its floatation price on the first day with many highly oversubscribed. The privatised companies have certainly done well since: <a class="postlink" href="http://www.ft.com/cms/s/2/f35867fa-2e06-11df-b85c-00144feabdc0.html#axzz2Q43J83O3" onclick="window.open(this.href);return false;">http://www.ft.com/cms/s/2/f35867fa-2e06 ... z2Q43J83O3</a> Which suggest perhaps Thatcher threw money away rather than made any of it?

You could also say the oil money was poorly spent as well. Indeed, she is frequently criticised for not setting up a Sovereign Wealth Fund like many other oil rich nations have and who are in much better financial positions. It was pretty much squandered in my opinion.

Anyway, I enjoyed that trip down fact alley. :-)

Can we have more stats on fact alley?

North Sea Oil revenue year by year
Market Value of the privatised companies<br /><br />-- Wed Apr 10, 2013 4:05 pm --<br /><br />

The system, always has and always will look after their own, fuck the plebs (us).
How i hate them?

Is that the British system or the Australian?

The Australian system is open to all (with talent), not just those that have a birthright for seats.
Hard for someone like you to understand, but being a high ranking bible basher does not get you a gig, sorry.

Isn't that the logic that drove Lady Thatcher?

 

[ifiwasarichfan]

My favourite all time socialist "don't do as I do but do as I say" is Derek Hatton. In October 2008 he did an interview with The Sunday Telegraph. Hatton revealed that he has become a capitalist running a property company in Cyprus and drives a £60,000 Range Rover. He justifies his change in attitude as "My days in politics were a very long time ago and I lost interest in it after I was expelled from the city council. YCMIU!

Out of all the conspiracy theories that are out there; Kennedy,9/11,Rodwell etc - the only one I can ever see really being true is the one that concerns this c**t.

I am convinced that he was a plant from the secret powers that be to discredit the Labour movement.

 

[pominoz]

Isn't that the logic that drove Lady Thatcher?

You have to give that talent the chance to thrive, all kids equal.

 

[Prestwich_Blue]

By now you should have a flavor of just how twisted from the truth the lefties will go, I could carry on but its far more use telling you to look things up for yourself.

Maggie Thatcher was honest, did what needed to be done for the sake of the country rather than pander to populist nonsense, and rescued this country from the brink, anyone says different go look up the facts for yourself........then tell them they are idiots.

Comedy. You talk of truth telling and facts and yet several times you talked about the country being bankrupt under Labour. What a farcical comment to make. Bankruptcy is when the worth of your assets don't exceed your debt. Britain was not only not at that point, it was never anywhere near that point. You've imagined this out of thin air.

[bigimg]http://www.economicshelp.org/blog/wp-content/uploads/2012/09/public-sector-debt-perc-gdp-hmT.png[/bigimg]

As you can see, our public debt actually went DOWN under Callaghan. Of course it went down too, under the latter years of Thatcher after remaining steady for a while but you should expect that for two reasons:

1. North Sea oil, brought in huge revenues Callaghan never had. If you want to see the impact it had, see this: <a class="postlink" href="http://www.edmundconway.com/2013/04/thatcher-and-north-sea-oil/" onclick="window.open(this.href);return false;">http://www.edmundconway.com/2013/04/tha ... h-sea-oil/</a>
2. Selling off of public assets.

However, selling off public assets i.e. privatisation, doesn't improve your situation with respect to bankruptcy does it? It's simply using an asset to pay off a debt. It doesn't make you richer unless you sell above market value. But Thatcher didn't sell above market value did she? She sold below market value. Well below market value. I think I'm right in saying everything that was privatised at least doubled its floatation price on the first day with many highly oversubscribed. The privatised companies have certainly done well since: <a class="postlink" href="http://www.ft.com/cms/s/2/f35867fa-2e06-11df-b85c-00144feabdc0.html#axzz2Q43J83O3" onclick="window.open(this.href);return false;">http://www.ft.com/cms/s/2/f35867fa-2e06 ... z2Q43J83O3</a> Which suggest perhaps Thatcher threw money away rather than made any of it?

You could also say the oil money was poorly spent as well. Indeed, she is frequently criticised for not setting up a Sovereign Wealth Fund like many other oil rich nations have and who are in much better financial positions. It was pretty much squandered in my opinion.

Anyway, I enjoyed that trip down fact alley. :-)

Can we have more stats on fact alley?

North Sea Oil revenue year by year
Market Value of the privatised companies

-- Wed Apr 10, 2013 4:05 pm --

Is that the British system or the Australian?

The Australian system is open to all (with talent), not just those that have a birthright for seats.
Hard for someone like you to understand, but being a high ranking bible basher does not get you a gig, sorry.

Isn't that the logic that drove Lady Thatcher?

It was but he can't see it.