Originally posted by Cowboy Bob
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Reply to: Impact of FTSE falling 30%
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Previously on "Impact of FTSE falling 30%"
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Originally posted by contractor79 View Postnor do they blame all those hippies and their buy to let activities
we don't have a right wing party in westminster at all
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Originally posted by Old Greg View PostNew 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.
we don't have a right wing party in westminster at all
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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.
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Originally posted by contractor79 View Posttis funny how they blame all this on Bush and the Republicans, yet don't blame Brown, Blair and the union-backed NewLabour
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Originally posted by Old Greg View PostNew 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.
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Originally posted by contractor79 View Posttis funny how they blame all this on Bush and the Republicans, yet don't blame Brown, Blair and the union-backed NewLabour
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Originally posted by Stan.goodvibes View PostDude have you not watched George Carlin (or Bill Hicks) on youtube? The rich are always stealing from the poor, to get more riches. Its what Bush's precidency was all about - have a look at which companies benefited from lucrative Iraqi oil contracts and who owns those companies.
Its the same in the UK. You think you live in a democracy and have freedom and choice and rights? Its an illusion. You have non of those things, you just think you do because you are keeping the machinery and system going that makes the rich richer, so they let you continue in the illusion that you can do anything you want. Yet we all continue to go to work, pay our taxes, and complain about being ripped off. Try actually doing something about it and see how much freedom you really have.
The world is a big place. If you don't like it, surely you can just leave and go somewhere else?
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tis funny how they blame all this on Bush and the Republicans, yet don't blame Brown, Blair and the union-backed NewLabour
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Originally posted by Stan.goodvibes View PostDude have you not watched George Carlin (or Bill Hicks) on youtube? The rich are always stealing from the poor, to get more riches. Its what Bush's precidency was all about - have a look at which companies benefited from lucrative Iraqi oil contracts and who owns those companies.
Its the same in the UK. You think you live in a democracy and have freedom and choice and rights? Its an illusion. You have non of those things, you just think you do because you are keeping the machinery and system going that makes the rich richer, so they let you continue in the illusion that you can do anything you want. Yet we all continue to go to work, pay our taxes, and complain about being ripped off. Try actually doing something about it and see how much freedom you really have.
The world is a big place. If you don't like it, surely you can just leave and go somewhere else?
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Originally posted by contractor79 View Postthat's £100bn theft, yet how willingly do they find money to help out the banks
Its the same in the UK. You think you live in a democracy and have freedom and choice and rights? Its an illusion. You have non of those things, you just think you do because you are keeping the machinery and system going that makes the rich richer, so they let you continue in the illusion that you can do anything you want. Yet we all continue to go to work, pay our taxes, and complain about being ripped off. Try actually doing something about it and see how much freedom you really have.
The world is a big place. If you don't like it, surely you can just leave and go somewhere else?
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that's £100bn theft, yet how willingly do they find money to help out the banks
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... and what about the impact of Gordon Brown taking over 100 Billion out of those funds since 1997 !! Stock markets have always risen and fallen. They will recover in due course as liquidity improves, especially if interest rates are cut dramatically to boost the economy..... today's cut was not enough.
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