THE MSM TRIEDS TO GLORIFY MARGARET THATCHER ,A WOMAN WHO IN REALITY IS UNIVERSALLY DESPISED BY THOSE THAT HAVE SUFFERED FROM HER ACTIONS,…….THEY DID THIS WITH REAGAN AS WELL….ANOTHER STATE CAPITALIST MUPPET THAT IS TOO STUPID TO SEE THE FLAWS IN THIER OWN IDEOLOGIES
BOTH THESE DELUSIONAL MEGALOMANIACS ARE THE ROOT OF ALL OF TODAYS PROBLEMS OF WARS, FAILED BANKS AND DESTROYED MANUFACTURING
THEY HAVE IN 20 YEARS TURNED BOTH COUNTRIES INTO DEBT RIDDEN,DYSFUNCTIONAL, WAR MONGERS WITH NO HOPE OF BEING ABLE TO FEED OR CLOTH THEMSELVES IN TIMES OF NEED
MAGGIE THATCHER DID NOT SAVE BRITAIN!!!
NORTH SEA OIL SAVED BRITAIN
AND THATCHERISM AND ITS FINANCIAL MUPPETS SENT US ON A 20 YEAR COURSE TO NATIONAL DESTRUCTION
MAGGIE THATCHER ALSO THOUGHT IT WAS ALRIGHT TO USE SCOTLAND AS AN EXPERIMENTAL GROUND FOR HER UNWORKABLE POLICIES ,AS SHE HAD ZERO MPS ELECTED IN SCOTLAND, SO SHE HAD NOTHING TO LOOSE IF IT WAS A DISASTER….WHICH IT WAS AND STILL IS!!!
THATCHER CALLS THIS DEMOCRACY AND UNIONISM
I CALL IT AN ELECTED DICTATORSHIP ,STATE CAPITALISM AND COLONIALISM
THATCHER DEREGALATED THE FINANCIAL INDUSRTY….IT BANKRUPTED THE NATION
THATCHER REGULATED THE SOCIETY WITH HER VICTORIAN VALUES ,WHICH INCLUDED ENABLING PAEDOPHILES,
THIS LED TO AN INCREASE IN SOCIAL POVERTY AND BROKENS HOMES AND EVEN WHOLE COMMUNITIES DECTROYED
SINGLE MOTHERS AND BREAKEN FAMILIES AND VIOLENT STREET GANGS ARE ALL JUST THATCHERS CHILDREN
GEE THANKS THATCHER…..
On Monday the British Prime Minister, David Cameron claimed that Margaret Thatcher had “saved Britain” by the economic policy she adopted and stuck to, in such a stubborn manner, while other politicians and news pundits made similar claims.
THIS CLAIM IS A LIE
IT WAS THE DISCOVERY OF NORTH SEA OIL THAT FINANCIALLY SAVED BRITAIN
THATCHER JUST SQUANDERED ALL THAT NATIONAL WEALTH ON FRAUDSTERS AND SNAKE OIL SALESMEN
THATCHER AND BANKERS ARE THE REASON BRITAIN IS BANKRUPTED AND GOVERNED BY PAEDOPHILES AND WAR CRIMINALS
So what was Thatcher’s contribution to economic policy in Britain and is there some clear definition of Thatcherism?
There is no doubt that major changes took place in the late 70’s and 80’s which significantly changed the British economy and had profound effects in income distribution, social coherence, manufacturing production and economic viability for the British economy and that Thatcher played a major role in this change.
So what exactly was that change, and will it be beneficial for Britain’s long term viability?
To understand this change we need to take a wee look at Britain’s economic history before that period.
Before the First World War Britain’s economy was based on an empire which functioned very much on the basis of Britain importing “cheap” raw materials from it’s “colonies” around the world and being a world class manufacturing centre supported by an effective banking structure and a powerful military and administrative structure. This ensured that when Britain strongly supported “classical economics” and defended “free trade” in international markets this happily fitted well with British trade.
THE RISE OF KEYNES…AND HIS “BENINGN” STATE CAPITALISM …… AKA FASCISM
All of this changed after the 1914-18 war; indeed it was a major cause of that war. In the period between the wars classical economic and free trade suffered a loss of credibility as a result of market fluctuations and massive unemployment in the great depression.
So by the time the Second World War started people were desperately seeking better, more effective economic models than the classical model which had failed. It was in this period that John Maynard Keynes developed his theories about Government control and regulation to intervene in the market to effect employment and production.
It is a sobering fact that after the first year of the Second World War Britain still had considerable unemployment among shipyard workers, while the Germans were working full blast and importing labour to build ships to challenge the British Navy.
Churchill, when he come to power changed that and employed Keynes as a Government economic advisor. This final rejection of classical economics and the changeover to Keynesian economic policy was not noticed in the middle of the war, but it cured unemployment and enabled us to build an economy which could ensure our part in the final defeat of Hitler.
The Attlee Government which took over at the end of the war continued to employ Keynes as an economic advisor and continued to follow a Keynesian policy. This Government was the most successful Government ever in Britain and left a valuable legacy for the Governments which followed in terms of economic policy, full employment, social benefits and “Public Assets” and their policy was so successful that the Tory Governments which followed behind were afraid to change this policy and continued to operate a Keynesian full employment strategy.
In the 1970’s the British economy was still maintaining relatively full employment but the level of investment had been very low so that manufacturing productivity and economic efficiency in general was falling sharply. Briton was confronted with an international market in which it was increasingly unable to effectively compete with other emerging economies. There was an economic crisis every year either a “balance of payments” problem or a “run on the pound” or inflation, or wage disputes. The media was calling Britain the “sick man of Europe”.
In this situation the right wing in the Labour Party supported a policy which would keep wages down in return for full employment. The wanted an “incomes policy” or a “social contract” which would see workers accept low wages in order to save the national economy. This policy which may have been well intended was fatally flawed because the problem was not high wages it was low investment, and low wages merely encourage low investment in a capitalist market.
If we need a date when the Labour leadership rejected Keynesian policies then perhaps it is Jim Callaghan’s speech to the 1976 Labour Party Conference where he told conference “We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting Government spending. I tell you, in all candour, that that option no longer exits.” That statement is a clear rejection of Labour’s Keynesian past.
This of course led to bitter internal fighting in the labour movement and eventually to the tragic “Winter of Discontent” where Callaghan tried to force an incomes policy on low-paid Government employees, much to the delight of Thatcher and the Tories.
THE THATCHER CON…
SELLING OLD AND USED IDEOLOGIES AS NEW AND INNOVATIVE VIA A SATTCHI AND SATTCHI ADVERTISING CAMPAIGN AND AN ILLEGAL WAR
MODERN POLITICS IS BORN
So the rejection of Keynesian economics and the adoption of neo-liberalism or more accurately, neo-classical economics started in the final days of the Callaghan Government, but Thatcher embraced it from the beginning and she pursued this strategy with vigour and determination in the teeth of bitter opposition, creating mass unemployment and industrial devastation on a huge scale all over Britain but with most effect in the areas of relatively high industrialization.
This adoption of neo-classical economic theory with blind faith in “free market” solutions not only caused mass unemployment and a huge loss of manufacturing capacity, which were widely unpopular (Thatcher was the most unpopular PM ever according to the polls just prior to the Falklands war), but they would have led to a considerable fall in GNP, a balance of payments crisis and a run on the pound, if it had not been for substantial oil coming ashore from the north sea just at that time which miraculously boosted the GNP, supported the weak pound and helped the balance of payments.
This development in the economy, which had been set in train long before Thatcher, combined with the political boost she got from the Falklands war saved Thatcher from ignominious defeat at the next general election and turned it into substantial victory.
This convinced Thatcher that she was right and for most people if seemed as though she understood how to get the economic improvements which everyone claimed was required. So Thatcher went full-steam ahead and took on the miners in order to undermine the working class organisational base.
This she achieved, again with the strong support of Scottish oil and her reputation as a politician who knew how to deal with “economic” problems rose, as did the idea of Thatcherism. However although that reputation has survived and people still claim as Cameron did, that she saved Britain, what is Thatcherism?
Well as an economic theory it does not exist. Thatcher was ignorant in the economic field. She claimed to be a strong supporter of Adam Smith’s ideas, but it is obvious that she did not understand them. Karl Marx could have explained to her the great value of Smith’s work which he certainly appreciated.
Thatcherism in economic terms is simply a return to classical economics with all its failings and an emotional rejection of Keynesian ideas.
Thatcher’s destruction of industry and manufacturing in Britain was not replaced by heavy investment to re-new or up-date industry; on the contrary it left industry in Britain in permanent decline. It used public assets to boost private assets by state organised raiding of public assets for cheap sale which she called “privatisation” which was supposed to help the economy, not by economic theory but by blind belief. However it made a lot of people rich without adding anything to the real GNP.
In support of her obsession with free market ideology, she and Ronald Reagan cut controls and regulation of the Banking and financial systems in Britain and the USA which led directly to the international banking crisis in 2008.
CAPITALISM FOR DUMMIES
1.Availability of credit allows money to flow between savers and borrowers.
2.Resources and funds are allocated to various projects or investments during a boom phase.
3.Eventually borrowing becomes excessive and leads to malinvestment,
4.At this stage, adherence to free market theory would allow for an efficient cleansing period and a healthy recovery period. How? Irresponsible and unprofitable businesses fail. Bad debts get liquidated. Excess resources go on sale, flow into more stable ventures and pool together with more profitable resources controlled by healthy corporations or entities
LET THE BANKS FALL
The British economy today has only the shadow of the manufacturing base it had when she came to power and with her neo-classical policies being continued by the present Tory Government the economy is in decline or stagnation and living standards are falling. We have the fourth most unequal society in the world with “free market” operations everywhere but still low investment and high inflation on top of unemployment and the Government is blaming the poor for this mess. To top it all the economy is entirely dependent on the Banking and finance sector which has grown enormously and which we know is vulnerable and corrupt to the core.
Scottish oil is still a substantial support for this ailing economy, but is not going into investment but to hold up falling revenue.
That is Thatcher’s legacy for Britain. Britain now has no economic future worth consideration. Her legacy for Scotland however is much better, she, more than any other person, convinced the Scots that they needed to take control of their own destiny. They forced through some devolution, but not enough for most so they will have a chance next year to take complete control and organise their own affairs.
Thatcher herself, when asked what her legacy for Britain was, said it was “New Labour” and that was perhaps the wisest judgement or assessment she ever made.
MORE OF THATCHERS LEGACY PAEDOPHILES IN POWER
Prime Ministerial aide Sir Peter Morrison, who was also an MP, was Margaret Thatcher’s parliamentary private secretary when she was Prime Minister.
An eye witness who worked at the North Wales Care Home has claimed he saw Sir Peter Morrison and others regularly visit the home to pick up boys, who were then returned later in a distressed state with unexplained injuries.
Former Tory Minister Edwina Currie also claimed Morrison, who died in 1995 at the age of 52, regularly had sex with teenage boys under the age of consent. Ms Currie claimed that his behaviour was covered up by senior Tories.
Former leader of the Welsh Conservatives Rod Richards said he had seen evidence linking Sir Peter to the North Wales children’s homes scandal.
In an interview with the Mail on Sunday, Mr Richards said: “What I do know is that Morrison was a paedophile. And the reason I know that is because of the North Wales child abuse scandal.”
When the Newsnight clouds clear, there is surely a trail of evidence that investigators ought to be looking into.
AND MORE OF THATCHERS LEGACY ……THE RICH GET RICHER
Number Of Billionaires Soars Despite Downturn
The number of billionaires in the UK has increased to 32, with the Duke of Westminster Gerald Cavendish Grosvenor again named the country’s richest man
Despite the property slump, the 59-year-old landowner increased his worth to $13bn – but still only managed 57th on the Forbes global rich list.
Despite the global economic downturn, the Forbes 25th list of the richest people on the planet saw the number of billionaires increase by 214 to a record 1,210.
THE POOR GET THE PICTURE
Global poverty doubled since 1970s: UN
GENEVA — The number of very poor countries has doubled in the last 30 to 40 years, while the number of people living in extreme poverty has also grown two-fold, a UN think-tank warned Thursday.
In its annual report on the 49 least developed countries (LDCs) in the world, the UN Conference on Trade and Development (UNCTAD) said that the model of development that has prevailed to date for these countries has failed and should be re-assessed.
“The traditional models that have been applied to LDCs that tend to move the LDCs in the direction of trade-related growth seem not to have done very well,” said Supachai Panitchpakdi, secretary general of UNCTAD.
“What happened is that in the past 30-40 years, the number of LDCs have doubled so it has actually deteriorated, the number of people living under the poverty line has doubled from the 1980s.”
The report indicated that the situation has sharply deteriorated in the past few years
IMF and World Bank Create Poverty
The IMF and World Bank were created over 60 years ago to realign the global economic landscape.
Andrew Gavin Marshall from the Centre for Research on Globalization, however, says that the actions of these international economic giants did little to help the third world countries it advertised it would, and instead has only helped make the wealthier countries wealthier
THATCHERS REAL LEGACY
A BANKRUPTED NATION
PENSIONERS FREEZING TO DEATH IN THIER OWN HOMES
MAD COW DISEASE
RUINED NATIONAL INFRASTRUCTURE
ILLEGAL WARS FOR PROFIT
(BLACKMAILED?)PAEDOPHILES IN POWER
THE SOCIAL COLLAPSE OF BRITAIN
A NATION LOOTED
A MASS MOVEMENT TO END GREAT BRITAIN
WHY DO WE SUFFER POLITIONS AT ALL?
THEY BREAK THE 2ND LAW OF THERMODYNAMICS
THE MORE YOU IMPOSE LAW ,THE MORE YOU ACCELERATE CHAOS!!
IN CAPITALISM OR SOCIALISM THERE ARE NO POLITIONS IN A CENTRALISED POWER AUTHORITY ANYWHERE!!!!
THEY ARE NOT EVEN MENTIONED IN ADAM SMITHS “WEALTH OF NATIONS”…A BOOK THATCHER OBVIOUSLY DID NOT READ!!
IN THE COMMUNIST MANIFESTO THE GOVERNMENT CAN ONLY WITHER AWAY…IT CAN BE SEEN AS ADMINISTRATORS ASSET STRIPPING A BUSSINESS AND HANDING IT BACK TO THE CREDITORS AKA THE PEOPLE
AS POINTED OUT IN THE ABOVE ARTICLE ,WE ARE NOT A CAPITALIST OR SOCIALIST SOCIETY
IF WE WHERE THE POLITIONS WOULD BE OUT OF A JOB, AND SUPURFLOUS TO REQUIREMENTS
NEITHER IDEOLOGY REQUIRES A POLITION OR A PRIME MINISTER
THERE ARE NO POLITIONS OR CENTRALISED AUTHORITY IN EITHER POLITICAL PHILOSOPHY
TODAYS POLITICAL PHILOSOPHY IS STATE CAPITALSIM
THATCHERS STATE CAPITALISM
State capitalism has various different meanings, but is usually described as a society wherein the productive forces are controlled and directed by the state in a capitalist manner, even if such a state calls itself socialist. Corporatized state agencies and states that own controlling shares of publicly-listed firms, and thus acting as a capitalist itself, are two examples of state capitalism
OF COURSE THIS IS JUST FASCISM!!
Fascism should more appropriately be called corporatism because it is the merger of state and corporate power.
Benito Mussolini, fascist dictator of Italy (1922-1943)
AS FOR THATCHER
TODAY THE ONLY QUESTION WHICH REMAINS IS …
DO I SPIT ,PISS OR DANCE ON HER GRAVE FIRST?