The Mudcat Café TM
Thread #146309   Message #3388976
Posted By: ollaimh
11-Aug-12 - 10:22 PM
Thread Name: BS: Where now Thatcher haters?
Subject: RE: BS: Where now Thatcher haters?
most of us were not culpible for the banking crisis. the culpible are the neo con free marketeers who sold the pie in the sky and thatcher was the most prominent of those.

in canada we had the liberals in power and the finance minister paul martin (briefly prime minister) and the pm jean chretien refused the banking and neo con lobby to deregulate. surprize none of our banks needed bailouts and none went bankrupt.

the present conservatives lobbied for the deregulation, and got the gift of a stable economy which they are wasdting on the two largest deficits in canadian history. that'[s the double think of the noe cons. the liberals ran eleven surplusses in a row.they paid down out debt by twenty per cent and the present government has pissed that away on fighter jets and prisons.

more inportantly though thatcher authorized torture in northern ireland. she was a monster in power from a long line of british governing monsters who allowed torture ethnic cleansing and starvation to be used as political tools. her minions developed the water boarding techniques and taught them to the americans. the noe cons abandoned a holistic view of society in favour of the rich and powerfull and they brought us back to inhuman abused that were briefly internationally outlawed.

in addition her economic success was only possible due to oil revenues that are now running out. then the problems of the real economy will become apparant to all. she was the first of the neo cons to sacrifice the manufacturing economy to create a financial sector dominated parasitic economy. now the parasitic economy is done and the manufacturing is gone.