"Brown, hanged and flogged"

**Fragony** · 01-22-2009, 15:02

Originally Posted by tibilicus

Bushy hardly did a great job of regulating it though did he? He was the one who also stood by and did nothing whilst the sub prime housing market went to the wall.

To be honest if we actually tried to regulate our markets and make sure the banks weren't so careless with who they lend money to we could of probably avoided this. Of course this is hard to do when you have some loonies who think regulation is socialism..

It isn't that easy to just make a law just go away, blaming Bush for this is more then a little bit off.

you read this?

The Equal Credit Opportunity Act, enacted in 1974, makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age. Failure to comply can subject a financial institution to civil liability for actual and punitive damages

**Fisherking** · 01-22-2009, 15:59

Well since we are hanging and flogging I propose we dig up the parliament of 1714 and hang and flog them for allowing George I to be made king in the first place….

**Fragony** · 01-22-2009, 16:25

Originally Posted by Fisherking

Well since we are hanging and flogging I propose we dig up the parliament of 1714 and hang and flog them for allowing George I to be made king in the first place….

It will be a triumh when the Brits will have the same rights they had back then.

**Idaho** · 01-22-2009, 16:40

Originally Posted by Fragony

It will be a triumph when the Brits will have the same rights they had back then.

I know what you are saying, and agree with the gist - even if the details don't quite measure up

**InsaneApache** · 01-22-2009, 16:42

Leave the great man alone. He's the best chancellor that we have ever had. An economic genius. Then to top it all, he is invited to become the prime minister no less, what a colossus of a man. Calm thoughtfulness, charming, humble, self-effacing and witty, the man doesn't need to stand on the shoulder of giants, he lets the giants stand on his!

Yes you ungrateful swine, you don't know how lucky you are. If it wasn't for the Tories and that cow Thatcher we wouldn't be in this mess in the first place. It's all well and good blaming our Great Leader for this mess but remember Thatcher started it all. After 30 years, down comes the edifice of personal greed and corruption of the Tory fats cats who pinched all the cream.

So take heart. Gordon, our Great Leader, will lead away from the zionist, corrupt, capitalist pig of a society and lead us into the sunny uplands of a socialist uptopia.

I can't wait meself, I've already got me bags packed.

**Idaho** · 01-22-2009, 16:49

IA - I don't get you Tories. You won. You got the Labour Party to be just like the Conservative Party. And yet you still complain and draw laughable reference to 'socialism'.

**Furunculus** · 01-24-2009, 23:15

Originally Posted by Idaho

IA - I don't get you Tories. You won. You got the Labour Party to be just like the Conservative Party. And yet you still complain and draw laughable reference to 'socialism'.

a tory government doesn't absorb 43% of the economy in taxation and Gov't spending.

**KukriKhan** · 01-22-2009, 16:49

Originally Posted by InsaneApache

So take heart. Gordon, our Great Leader, will lead away from the zionist, corrupt, capitalist pig of a society and lead us into the sunny uplands of a socialist uptopia.

I can't wait meself, I've already got me bags packed.

LOL. Just don't forget to mail your wallet, checkbook, credit cards and full Power of Attorney to 10 Downing before you depart. :)

**Incongruous** · 01-22-2009, 17:37

Originally Posted by InsaneApache

Leave the great man alone. He's the best chancellor that we have ever had. An economic genius. Then to top it all, he is invited to become the prime minister no less, what a colossus of a man. Calm thoughtfulness, charming, humble, self-effacing and witty, the man doesn't need to stand on the shoulder of giants, he lets the giants stand on his!

Good God IA you sound like one of those Germans inside Hitlers Bunker, all smiles and encouragement while the bombs drop, are you Labour IA?

You could have a future as a Brownite advisor.

**InsaneApache** · 01-22-2009, 18:07

Originally Posted by Bopa the Magyar

Good God IA you sound like one of those Germans inside Hitlers Bunker, all smiles and encouragement while the bombs drop, are you Labour IA?

You could have a future as a Brownite advisor.

Yes. I've seen the light. No more for me the selfishness of wanting to feed and house my family without government help.

No more for me the selfishness of wanting to stand on my own two feet, when our Great Leader knows what's best for me.

No more the selfishness of wanting to keep more of my income, so I can decided how to spend it, when our Great Leader is all knowing and can spend it for me more wisely.

I would gladly sell my house and all it's possessions so that I can give the money to our Great Leader to do with as he will. Ensuring that the shining path to a socialist paradise is trodden, lead of course, by our Great Leader.

**Incongruous** · 01-23-2009, 00:44

Originally Posted by InsaneApache

Yes. I've seen the light. No more for me the selfishness of wanting to feed and house my family without government help.

No more for me the selfishness of wanting to stand on my own two feet, when our Great Leader knows what's best for me.

No more the selfishness of wanting to keep more of my income, so I can decided how to spend it, when our Great Leader is all knowing and can spend it for me more wisely.

I would gladly sell my house and all it's possessions so that I can give the money to our Great Leader to do with as he will. Ensuring that the shining path to a socialist paradise is trodden, lead of course, by our Great Leader.

That's awsome, I suggest you send it in to the Telegraph so you can be identified and shot

**tibilicus** · 01-22-2009, 16:22

Originally Posted by Fragony

It isn't that easy to just make a law just go away, blaming Bush for this is more then a little bit off.

you read this?

The Equal Credit Opportunity Act, enacted in 1974, makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age. Failure to comply can subject a financial institution to civil liability for actual and punitive damages

That article says something about discrimination but doesn't say anything about the person ability to repay loans more that it's saying that banks can't discriminate against people on grounds of race ect. Well that's what I made from reading that bit you posted.

And I know it isn't the soul responsibility of Bush, the fact is with the kind of free market and capitalist system the world runs boom and bust is bound to happen it's simply unavoidable. What Bush didn't do however was try and soften the blow. He would of been aware as a lot of people predicted that the sub prime market would go kaput and that the worlds banking system would ultimately hit recessions but the fact is him, as well as a lot of other notable world leaders failed to act sooner and instead buried their heads in the sand and tried to ignore the issue. I'm not simplistic to think that it's all down to Bush, but the fact is his administration did little to prepare or act on the problem.

Just look how long it took for any government to actually try and act on the problem. only recently we here in the UK have had a scheme put into help prop up the banks. After that failed we then had another one put in worth even more.

You know what the whole joke is though? Northern Rock, one of the first banks to be hit and be nationalised from the government will still give its employees and big cat executives bonuses this year. That to me is disgusting. Maybe if the government actually quit trying to keep all their attention on keeping inflation levels down and tried to tackle the huge unemployment problem looming over the UK people might actually support the government backed schemes.

I wouldn't be surprised to be honest if this time next year we have another winter of discontent. That's presuming this problem will get worse and unemployment figures will grow.

**Idaho** · 01-22-2009, 16:38

Originally Posted by tibilicus

Maybe if the government actually quit trying to keep all their attention on keeping inflation levels down and tried to tackle the huge unemployment problem looming over the UK people might actually support the government backed schemes.

I wouldn't be surprised to be honest if this time next year we have another winter of discontent. That's presuming this problem will get worse and unemployment figures will grow.

Create jobs! That's crazy talk. I mean, come on! These people without jobs are just lazy. They were so lazy that they made the global economy crash, and now they can't even be bothered to get another job.

The rich used to need to the poor. They needed workers, and someone skilled or unskilled could get work easily enough. The difference between the highest paid and the lowest paid was large - 20-30 times on average. Mechanisation meant that fewer workers were needed, and fewer skilled workers. The pool of unemployed had a happy side-effect: they suppressed wage levels. The differential between the highest and lowest paid in a company changed to nearer 80 times.

Jobs and unemployment is a major issue for normal people. We want to work and feed our families. We want to participate and be valued in our communities. And yet it's never that big a deal with the politicians. Somehow 'benefit/welfare scroungers' is always higher up the list. Why do you think that might be?