The Great Collapse
Capitalist | 30.09.2008 08:46
So I will not tell you about it, but perhaps some timely advice should be given.
Those who have money stashed under the mattress must be very carefull. Stupid fools will be rushing out to buy cheap shares. Just remember that if you had gone out anf bought shares AFTER the Great Crash in 1929, by 1932 those shares would have lost 70% of their value.
BBC today reports the prime stupidity of Conservatives who at a meeting voted Dear Margaret as the greatest UK Prime Minister. One would have thought their best was Disraeli who gave Tories power for many years by buying working class votes by giving them votes. Thatcher was quite corrupt buying working class votes with State money in the Council House discount hand out.
Without honesty Capitalism cannot work long term. The rots and corruptions introduced by Thatcher have to be faced or the Tory Party is unfit to Govern.
Those who have money stashed under the mattress must be very carefull. Stupid fools will be rushing out to buy cheap shares. Just remember that if you had gone out anf bought shares AFTER the Great Crash in 1929, by 1932 those shares would have lost 70% of their value.
BBC today reports the prime stupidity of Conservatives who at a meeting voted Dear Margaret as the greatest UK Prime Minister. One would have thought their best was Disraeli who gave Tories power for many years by buying working class votes by giving them votes. Thatcher was quite corrupt buying working class votes with State money in the Council House discount hand out.
Without honesty Capitalism cannot work long term. The rots and corruptions introduced by Thatcher have to be faced or the Tory Party is unfit to Govern.
Capitalist
Comments
Hide the following 5 comments
in the light of reason
30.09.2008 09:34
http://tinyurl.com/4s6qk5
pointer
IN THE COMMING ELECTION
30.09.2008 09:35
http://tinyurl.com/4s6qk5
Angie Tibbs , sfimc reporter
Indymedia - reminder
30.09.2008 09:43
Once again:
The news that appears on Indymedia is the news that people (you and me) post there and that doesn't breach the guidelines. There is editorial collective deciding what to publish, other than moderating for the public guidelines. If you think there should be news on Indymedia about the rejection of the Wall Street bailout, write it and post it. And stop whinging.
laura
Mixed Economy
30.09.2008 11:36
Find a blog well worth a read at this time at http://freedominourtime.blogspot.com/2008/09/rubicon-in-rear-view-part-ii-perpetual.html
Avocada
Homepage: http://www.ecln.org
useful rebels
30.09.2008 12:52
Better writing comes in the Financial Times which predicts a "Great Depression of the 2010s" and autarky, which is more worthy of discussion here.
hip rebels
good rebels
useful rebels
leading a good and useful life
fuck'em
dw
Homepage: http://blogs.ft.com/maverecon/2008/09/those-whom-the-gods-would-destroy-they-first-make-mad/#more-312