Political views of realists and rosetinters

[Red Member]

im on the left wing - the current government is destroying the country.

btw what is a WOB?

[highburyJD]

im on the left wing - the current government is destroying the country.

btw what is a WOB?

yeah
(as in yeah the govt is destroying the country and yeah what does WOB stand for?)

[I Hate Hleb]

Wenger Out Brigade.

[highburyJD]

Wenger Out Brigade.

ta

you bunch a wobbers

[I Hate Hleb]

Wenger Out Brigade.

ta

you bunch a wobbers

I'm surprised that you are being so kind and didn't suggest that they should put an L after the second B in the last word!!

[highburyJD]

My point is that a Leftward leaning political stance points towards a Liberal viewpoint. Liberals tend to give people the benefit of the doubt more and tend to put forward mitigating circumstances as a reason for lack of performance. What's so difficult about that correlation when applied to people's views on Wenger. No-one is saying the correlation is definite. Mantis has asked for people's views to see if there is a relationship.

So far it's proved not to be right, but it doesn't make it the worst thread ever!!

left does not = liberal
liberal is classically middle of the road surely...?
communists and marxists are neither liberal nor "put forward mitigating circumstances as a reason for lack of performance"
more likely to just have you thrown in the gulag

[I Hate Hleb]

..

more likely to just have you thrown in the gulags

Which is probably just a little less painful than being punched in them!!

[the playing mantis]

dont want to get in a political debaye red member but in what way are the current gov ruining the country. surely it was alredy ruined by the past government. thats the trouble with the simplistic thinking of 95% of this country, only thiking of the here and now, not what caused the current issues.

[highburyJD]

banking recession caused by anglo-american lassez-faire economics
reagan and thatcher started us on the chicago skool path with the bigbang and dismantling glass steagall

blair and then brown carried on kowtowing to billionaires keeping the media onside
but bought off the masses by extending the state

our structural defecit is mostly a result of basing our economy around a banking bubble
but blair and brown take some blame for hugely expensive foriegn wars and (too a much smaller extent) illogically structured entitlement programmes

this 2nd dip I would specifically attribute to the group think austerity obsession blinding everyone to the idealogical imperative behind dave and ossies billionaire loving dismantlement of the state

nhs is already on life support - win another election and they will kill auntie for rupert

[flash gunner]

banking recession caused by anglo-american lassez-faire economics
reagan and thatcher started us on the chicago skool path with the bigbang and dismantling glass steagall

blair and then brown carried on kowtowing to billionaires keeping the media onside
but bought off the masses by extending the state

our structural defecit is mostly a result of basing our economy around a banking bubble
but blair and brown take some blame for hugely expensive foriegn wars and (too a much smaller extent) illogically structured entitlement programmes

this 2nd dip I would specifically attribute to the group think austerity obsession blinding everyone to the idealogical imperative behind dave and ossies billionaire loving dismantlement of the state

nhs is already on life support - win another election and they will kill auntie for rupert

Blimey is this like that spy code you used to get in magazines when i was 10? English please

[highburyJD]

banking recession caused by anglo-american lassez-faire economics
reagan and thatcher started us on the chicago skool path with the bigbang and dismantling glass steagall

blair and then brown carried on kowtowing to billionaires keeping the media onside
but bought off the masses by extending the state

our structural defecit is mostly a result of basing our economy around a banking bubble
but blair and brown take some blame for hugely expensive foriegn wars and (too a much smaller extent) illogically structured entitlement programmes

this 2nd dip I would specifically attribute to the group think austerity obsession blinding everyone to the idealogical imperative behind dave and ossies billionaire loving dismantlement of the state

nhs is already on life support - win another election and they will kill auntie for rupert

Blimey is this like that spy code you used to get in magazines when i was 10? English please

sorry rant first
check spelling at leisure
translation:
Thatcher+Reagan removed all limitations on/regulation of banking
Banking expands
everything else (particularly manufacturing) contracts

skilled labourers and lower middle class see their real incomes stagnate

Chicago School is an economic theory of total deregulation and mass privitisation
the West, particularly through the IMF, accepts this as economic orthdoxy

Asia, some of South America and, spectacularly, Russia has mass 'privitisations' ie the huge transfer of sovereign wealth into private hands. This exacerbates the contraction of the worlds money into the hands of the few.

The upward 'progress' in terms of workers pay an conditions is replaced by a housing bubble
investors, institutional and individual, massively expand their involvement in the housing market pushing up prices and rents. Conservative and Labour govts sell off/fail to build social housing which has the same effect.

Rising tide carries up all the boats - people remortgage houses become their cashpoints. Lifestyles are maintained, companies still have consumers even though they're spending super cheap creditcard money or extending their mortgages.

'new' Labour discards Clause 4 (workers owning their means of production) and gets Rupert Murdoch on board.
Maintains Tory economic policies, rides the boom and spends the money on Tony pretending to be Churchill (cigars and wars, not insurance and nods)

correlated banking/housing bubble pops - hits the middle hardest. Millionaires are OK but unfortunately they don't spend all their money. We need a cash churn to get the economy kickstarted. Better off dishing out wads of cash to the homeless if you want it actually spent than discounting top tax rates.

We are into the 2nd tranche of recession because Cameron and Osborne are only interested in applying more Chicago School medicine and protecting their Old Etonian millionaire mates. A path that will never get us out of recession because of inefficiency - the rich hoard. We need more dosh for the poor who spend it.

[highburyJD]

Big Bang (UK) and repealing Glass Steagall (US) were law changes that allowed merchant banks/investment banks (gamblers) to own/merge with retail/high st banks (ones holding your money)

[frankbutcher]

People who knock the austerity regime are a sandwich short of a picnic. The only reason we have low interest rates is because of the confidence the international economy has in our recovery plan. Once rates go up, we are fucked. SIMPLE AS!! This theory that we spend out of a recession to recover. BULLSHIT! We are over-geared. Why will spending more money suddenly create growth?

Look at the UK economy as your own Bank Account. Say you are £2,000 overdrawn to start with. Each month you get paid £1500 after tax, and you have to pay the mortgage, groceries, Arsenal tickets , going out money, rates, water, gas etc. Any sane person would cut back so that they spend a few quid less than £1500 each month, so that you gradually pay back your overdraft??? NO!!!! The plebs on this thread would spend more than £1500, hoping that the price of their house goes up, or they win on the horses. The simple fact is that we need to cut back. Those who argue that Banking caused this crisis are right. But Banking also caused your house price to treble over the last 2 decades. How about we re-base house prices and then start again? For the students / twentysomethings. We missed the boat big time. The baby boomers have taken the cream off of the top (pensions, house price increases, free University etc.). A few thousand bankers made big bonuses, but 40-50% of that was paid to the state. The rest of the Banking Sector are on above average wages but nothing out of the ordinary. Banking made the country drip in debt. We now have to pay it back!!!!!!!!!!!!!!!!!

[Henry Norris 1913]

of course the last government ruined the country and thats coming from a former labour supporter, it's up to this fucking coalition to get us out of it and I can't see that happening any time soon.

and this topic will end badly btw

[highburyJD]

the banking crisis was international,
Blair/Brown were never important enough to cause it
but they did encourage us in the bad direction Thatcher started us on

of course this topic will end badly

but whatever that frank post is pure unadulterated nonsense
highlights:
"why will spending more money suddenly create growth?"
er
because more money spent IS growth.

and anyone who tries to compare a nations economy to an individuals has either not got the faintest grasp of economics
or is a liar