Labour pays homage to Iron Lady

**Incongruous** · 10-12-2009, 08:57

Well, we all knew they were true blues on the inside didn't we?

I am not shocked but I am angry.

http://http://www.independent.co.uk/news/uk/politics/for-sale-one-bridge-a-bookmaker-and-millions-of-student-loans-1801328.html

I fail to see how this will help Labour one inch, can they even be called Labour anymore?
What will the sale of student debt do to the country? I'm not sure but I have few guesses. I am sure however, that it will ensure no student votes Labour in a long time.
Well done Gordon!

What do my fellow orgahs think?

**InsaneApache** · 10-12-2009, 09:34

http://www.independent.co.uk/news/uk...s-1801328.html

This it?

**Tribesman** · 10-12-2009, 10:21

Selling assets on the cheap is never a good idea as the very small short term benefit makes for no long term advantage.
Selling assets on the cheap when the market is buggered means the very small short term benefit is even smaller

**InsaneApache** · 10-12-2009, 11:06

Gordons got form for selling low and buying high. Moron.

**Banquo's Ghost** · 10-12-2009, 13:10

Originally Posted by InsaneApache

Gordons got form for selling low and buying high. Moron.

To be fair, he slavishly followed the Iron Lady in this too. The price obtained for the country's infrastructure, from water to railways was hardly market value, was it?

Though even Gordon should have clicked that gold might possibly rise in value at some future date - oh, of course not, his world view was that there would never be a bust again.

**KukriKhan** · 10-12-2009, 13:58

Selling off the URENCO stake sounds risky, and concerns more than just the UK. Do the other 2 partners (Netherlands & Germany) have some say in the matter? Is that sale merely for the real estate, or the entire uranium-enrichment business?

**Subotan** · 10-12-2009, 18:23

Originally Posted by Banquo's Ghost

To be fair, he slavishly followed the Iron Lady in this too. The price obtained for the country's infrastructure, from water to railways was hardly market value, was it?

Private Finance Initiatives routinely screw the public over, yet nothing is ever done to combat that load of waste.

Besides, this sale is practically irrelevant. What matters is debt to GDP, rather than gross debt.