[QUOTE=the truth;7767489]
Quote:
Originally Posted by joeysteele
You are the one claiming it is so, just show the statistics if there are any that is.
Or is it in fact you yourself that is just theory and no practice.
Since I see no substantiated official statistics are forthcoming at all.
Labour made many mistakes but they were not the only reason we had financial chaos by 2010.
I condemn them heavily for selling off the gold reserves and raiding pensions too.
However, while being a part,I think the financial services and Banking industry had a greater deal more to do as to that crisis.
Also, it could have been even worse, since your Conservative party between 2005 and 2008 heavily criticised labour for the banks being regulated too much,they wanted to regulate them far less at that time.
Imagine the possible added chaos as to that, had they been in from 2005 to 2010, with much less banking regulation in place.
Please don't try to say the worldwide financial banking crisis would not have happened had the Conservatives been in power.
No one in the financial world saw or warned of that coming about.
There is a few facts for you, are we going to get any from you at all
did I say the crash was ALL new labours fault? ah the old new labour trick of grossly misrepresenting the other persons views, what a joke.....don't you get it new labour and the spin the anti economics the waste the lies the dodgy dossiers are all buried in a grave forever....everyone sees through this guff for what it is
As for the financial collapse loads saw it coming and loads moved their investments and loads got even richer from it....new labour simply made us more exposed to it with their deregulations of the bank (whilst regulating the hell out of the rest of society) their imbalanced economy , their enslavement to the ridiculous 587 page European constitution, oh and of coruse handing over our multi billion rebates for NOTHING in return? the utter failure to reinvest in industrial infrastructure, in building homes, in spreading wealth and jobs..way higher unemployment...more growth in state jobs....allowing ridiculous banking mergers like Lloyds tsb , failing to re nationalise anything.....their list of cataclysmic failure is endless
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Really who saw it coming, I heard no one say it was coming,none of all the global financial institutions, the IMF the IFS our own Bank of England.
No one saw it coming and not in any way on the scale it did.
No one, no politicians,no economists, no so called worldwide experts.
This is a side issue however, you got at me saying I was all theory and no practice.I recall I asked you in response to that getting at me, to with substantiated official figures where and how many, people on zero hours contracts got better contracts and more hours with said employers.
You may have forgotten the original point and question I put after your comment as to me, I haven't, so there it is again for you.
You say it is so, surely you have official figures as to that you can enlighten us with..
Obviously not, any way I am off to bed now, goodnight.