Comments on The Pensive Quill: Neo liberal economics, austerity and cuts; We need to ask ourselves is this how the future must be?

Here's a good one by Bill "Slick Willy&qu...

2012-06-15T12:43:49.970+01:00

Here's a good one by Bill "Slick Willy" Clinton's boy James Carville ...

It just came out that the average American lost 40% of his/her wealth in the crash, putting them back to the level they were at in 1990

He posits what the reaction would've been if it had been the 1% who took a 40% hit instead:

http://www.cnn.com/2012/06/14/opinion/carville-middle-class/index.html?hpt=hp_c1

Larry. Thatcher and Reagan began the deregulation...

2012-06-12T11:25:21.276+01:00

Larry.

Thatcher and Reagan began the deregulation in the early 80s. When you consider the lessons of the Wall St. crash etc were binned and the fact no MP, Congressman or TD are homeless...it was NOT that they didn't see it coming. Quite the contrary, THEY PLANNED IT.

You are so correct, thatcher tried to make The UK like america, if she had have had her way, people would not be receiving Public Assistance or Unemployment benefit, they would have been receiving FOOD VOUCHERS, She used the Sun And News Of The World Newspaper to discredit Arthur Scargil the then Head of the miners Union, also at the request of Rupert Murdoch (RE Wapping) She destroyed Both of those unions by having the police Baton Charge those striking, she and her Bankers made sure they made a killing out of her BOOM, sadly she was not in that room in Brighton!

There are better ways, but those ways won't be...

2012-06-12T10:13:54.472+01:00

There are better ways, but those ways won't be discussed until the public debate focuses on the issue of 'better ways for whom,' or maybe stated more clearly, 'better ways for which class.'

Once those issues are properly discussed, then political leaders will need the courage to carry out their constituents' will - contrary to the wishes of their well-heeled sponsors.

In the current climate it is difficult to imagine that a proper debate will occur; much more is it difficult to imagine that political leaders take up the yoke of responsibility after having had that debate.

These issues are, however, among the most important public matters facing the present generation, so they provide everyone with an opportunity to do what one can to ensure a result that will best provide for the next generation.

The media portray the current debate as one of "austerity" or "fairness," which, in my view, are verbal fig leaves that hide a naked truth: the present debate is about social power and whether everyday people will retain the ability to share in it.

Outside the bank yeaterday in a que a mature fat ...

2012-06-12T09:34:37.819+01:00

Outside the bank yeaterday in a que a mature fat woman was bemoaning the economic situation. She said people here will have to get used to renting as they do in countries like Germany. Rental prices she insisted will not be reducing to any great extent. During further conversation it transpired her husband was in 'construction' and they own a lot of properties. 'Destruction' I thought was a more apt' definition. I intimated I'd not be renting at extortionate prices throwing dead money at some cute hoor to keep whats been going on here alive. I said I'll emigrate to Asia quicker. Conversation died after that. They definitely haven't gone away you know; nor have they seen the error of their ways.

Thatcher and Reagan began the deregulation in the early 80s. When you consider the lessons of the Wall St. crash etc were binned and the fact no MP, Congressman or TD are homeless...it was NOT that they didn't see it coming. Quite the contrary, THEY PLANNED IT.