The Socialistic Shit-Case

[MMI]

New Labour owes more to Maggie Thatcher than to Ramsay MacDonald or Clement Atlee.

Ohh wow!

And how much you know about Thacther or Thatcherism?

I'm a Brit who lived through the Thatcher era and watched her grind the working classes into the mud. She was the sordid inspiration of the subsequent culture of greed, material acquisition and ostentatious display of wealth. She called herself a monetarist, not a keynesian because she considered the Labour Party's attempts to regulate the economy using keynesian principles had failed. She focused on money supply, interest rates and inflation.

She also reduced public spending on education (she was once Education Secretary) and health, she destroyed or severely weakened the trade unions - the miners' union in particular - and she prolonged the Cold War through her hostility to the Soviet Union. She declared war over a few useless islands in the South Atlantic to boost her chances of re-election, and cost Argentina and UK many valuable lives, including the murder of the entire company on board the Belgrano. She was xenophobic and possibly racist. She allowed ten IRA prisoners to starve themselves to death before she agreed to award them the status of policitcal prisoners: our H blocks, your Guantanamo Bay.

She stole mutual companies (belonging to the customers) and sold them off to private purchasers, keeping the money for the Treasury. She sold off many state-owned corporations and assets at below value - such as British Rail, British Telecom and many others - so that private investors - many of them foreign - could get rich as they sold off their investments for their true value and cleared a huge profit at the country's expense. This was "people's capitalism". It was daylight robbery!

Tony Blair a superficial sociatlist - received her approval as he followed in her footsteps.

Is that enough to comment? I must say, reviewing the above, it's no wonder Republicans approve of her.

How much you know about Ronald Reagen or Reagnomics?

I'm a Brit who lived through the Reagan era ...

I do remember a satirical programme on ITV at the time: "Spitting Image" it was called. It had a running series called "The President's Brain is Missing". Hilarious!

It wasn't thatcher who proposed the idea of helping middle class and single mothers and poor by looting the rich!

It sure wasn't New Labour, either. After all, hasn't George Brown just eliminated the lowest tax band - (10%) to pay for tax reductions for the higher rate tax payers. And isn't he allowing the wealthiest of our taxpayers to get away with not declaring their overseas income and paying tax on that? Robbing the poor to give to the rich. Not the sort of thing Labour's founders would have ever dreamt of.

By the way, this idea comes from keynesian economics which is worst transformation of Socialism. Keynesians always suggests that to reduce the effect of recessions, one should opt for supply side economics.

It is the only keynesaisn who will say that the hardworking and saving ants, who saves food for the future during the good whether to firmly face the upcoming bad whether are wrong and the grasshopper doing nothing and wasting time and money caring nothing about the bad whether is good. ( i hope you do remember the story of Ants and grasshopper).

You can't mix Aesop's Fables and economics. Because it's just as easy to demonstrate that the grasshopper was right to live for now, to enjoy life's blessings and to die young, while the poor old ant colony slaved all summer so the queen and all her princesses could thrive. And when the princesses all grew up and left to look for their own husbands, they poor worker ants wandered about aimlessly until they died ... or had boiling water poured on them by a fascist or communist tyrant.

Just to provide consumer power for the lazies who even don't want to work, keynesians wants government to keep giving allowances and incentives and monetary help for such people on behalf of the tax the government loots from the hard workers.
Why? because if the consumer power of the lazies will increase, the production demand will increase, and that will provide more work for the hardworker who are (keynesians assumes) are genetically made to be looted sacrificed and exploited by the socialist government and altruism demanding lazies.

Sounds like prejudiced Republican rhetoric to me ... that is, if Republicans can debate. I think the workers are more likely to be exploited by the capitalist bosses (the real "lazies"), as history richly demonstrates.