Impact of FTSE falling 30%

[Bob Dalek]

New Labour are the heirs of Thatcher and Reagan (as was Clinton). They've not challenged the hegemony of the bankers, and have led us to the ultimate conclusion of the reforms of the 1980s. They just spent more money on the public sector to keep the unions at bay. We've ended up like the US - a country with two right wings.

Had the same at KFC last week.

[The Lone Gunman]

tis funny how they blame all this on Bush and the Republicans, yet don't blame Brown, Blair and the union-backed NewLabour

Brown is keeping his head down and his mouth shut because the majority of the UK population are pointing the finger across the pond or at the City. This is his (and NLs) get out of jail free card. As I have stated in a number of posts in other threads, it does not matter how well or badly he handles this Jo Public is not blaming him. If he can add all his other cock ups to the mix he will be in power for years dealing with the devastation caused by the rich city types who are supported by the Tories. AAAAAaaaaaaarrrrrrrrggggggghhhhhhhhhhhhhhhhh.

[Alf W]

The pension funds have probably taken a kicking due the stupid banning of shorting as a perfectly normal way of hedging against stock market volatility. Still, no-one considered that when they were forming opinions based on the great financial minds of Sun and Daily Mail journos.

[contractor79]

New Labour are the heirs of Thatcher and Reagan (as was Clinton). They've not challenged the hegemony of the bankers, and have led us to the ultimate conclusion of the reforms of the 1980s. They just spent more money on the public sector to keep the unions at bay. We've ended up like the US - a country with two right wings.

nor do they blame all those hippies and their buy to let activities

we don't have a right wing party in westminster at all

[Cowboy Bob]

nor do they blame all those hippies and their buy to let activities

we don't have a right wing party in westminster at all

It's makes no difference anyway, the last few months have clearly shown who's really in charge.

[contractor79]

It's makes no difference anyway, the last few months have clearly shown who's really in charge.

you have a point