Thetownend.com

...punch the CEO of the Lehman Brothers bank. Not that I condone violence of course but this quote amused me somewhat:


http://www.businessandmedia.org/articles/2008/20081006150152.aspx

That bloke admitted to taking home $300m over the last 10 years the other day I think

I'm no tree hugging liberal but that is morally wrong, especially given the "quaility" of his leadership during that period led to bankruptcy.  Fair play to the beefcake.

aint that the case for all the fucking senior execs who took stupid risks with our money - including the guys in the UK. Thatcherism coming home to roost with none of the subsequent governments having the bollocks to tame these cunting thieves. They're all OK though with massive fucking pensions and payoffs - BASTARDS

Privatise the profits, nationalise the losses. Thatcher is a shitbag of the highest order.

Since it is our money that is keeping some of the banks afloat, can I get the local Northern Rock bank manager to come round and do a couple of hours leaning and ironing?

Thatcher obviously deregulated the markets which allowed this situation to develop 20 years later, but after 12 years of government and sustained economic growth based on easily available credit NU-Labour are not exactly blameless here are they?

No but my comment does not necessarily have to be based on absolute fact. Being a Park South boy in the late 70's Thatcher was a shitbag. Thank God for punk and STFC. Nu-Labour are in some matters actually worse than the old bitch. But theres' no doubt she got the ball rolling and tried to put the working man in thier place while allowing the elite to stuff their pockets. The worst social engineering this country has ever seen.   

How can it be Thatcher's fault? FFS It's like blaming the present Labour Government because of the failings of the winter of discontent in 1979: http://en.wikipedia.org/wiki/Winter_of_Discontent.

Labour were happy to take the credit for a decent economy they inherited in 1997 so they should also take the blame for fucking it up i.e. 120% debt of GDP when you include Gordon Clown's PFI (private finance initiative).

Can I blame that on Thatcher too?

As far as I'm concerned you can blame Thatcher for anything you want.

I blame Gordon Brown. It's funny how he is the one that fucked it all up anyway.

yes, the global economic climate is soley his fault

I was thinking on more of a national scale as opposed to a global one but yes you make a good point.

Im no economic expert, but seeing as near enough every capitalist country in the western world is getting bent over then we'd probably be in a similar situation brown or no brown

Or the US mortgage lenders

The irony being that if even just 10% of the US' $700bn bail-out funds were used in the first place in places like Cleveland and New Orleans then the credit crunch would never have happened.

Probably.  8)

That fucking bitch has ruined our defence. When she came to power it was alright - now fucking look at it. And we had a decent keeper. Bitch, bitch nasty viciuos bitch.

She should've saved that shot from Hereford.

No, the global economic crisis is not Browns fault.  What is his fault is what ghanimah refered to above, the fact that nulabour have spent so much money and whilst increasing taxes that they now cannot afford to reduce taxes in order to stimulate the economy and help ordinary folk out.  They now have to borrow even more to help bail out the banks. The UK is going to be one of the most indebted nations in the world.  How does that get paid back?   future taxes.

Brown / Blair claimed all the kudos for the good times, now its gone totally wrong its all a global problem that in no way had anything to do with them.  wankers.

Labour did nothing to halt the fucked up idea to turn the country into a 'service' economy - you can't fit a silver Rizla between the two parties. Basically, apart from finance, we don't do fuck all and all the family silver was sold to the Krauts and Frogs to finance a select minority  we lost any manufacturing base that we had. All we got left is weapons and they want to make them illegal, wings, call centres, discount retail outlets and the Royal Family (except the ginger one).
I should be celebrating the fact that banks are being nationalised and the return of Keynesian economics is imminent but somehow the fact that all these failed executives are sitting on the biggest pile of cash ever leaves the taste a bit bitter.
How much tax would I have to pay if I vote in the Lib Dems - would that be a feasible alternative - fucking hell I must be getting old.

One of the first things Brown did once he was Chancellor was sold a significant percentage of the country's gold reserves when the price of gold was pretty low. Now this same gold is now worth around THREE times what he sold it for.

Prudent Chancellor...my arse !!!

And don't let me get into pension funds, where he'd singlehandedly screwed up everyone's (well except public sector worker's!!) pension funds, whilst he get's a nice index linked (paid for you and I) final salary pension.

Or gay

Even more than now is probably the answer.

But dont worry. They'll be those nice new "green" taxes that fix the environment by making you poorer. 

Everyone knows now that having more of your wages taken form you automatically makes trees grow and shrinks the hole in the o-zone layer without the government actually spending more on environmental polices. Its a fucking miracle I tell thee.