Sunday, Jan 11, 2009
Time to get angry
Observer: It's got so horrible that we ought to be revolting
An article on where it all went wrong
Posted by letthemfall @ 02:00 PM (1142 views) Add Comment
13 Comments
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1. Tyke said...
"This apparent fatalism is no doubt partly numbness in the face of figures that are truly incomprehensible"
Wrong!!
It's numbness on the part of a "dumbed down" population who are enthralled by Big Brother or other such cr*p, having been educated by generations of Observer / Guardian readers.
2. cyril said...
Interesting to find someone who thinks the rot set in 30 years ago.
I expect most readers of this site would disagree that M Thatcher (and Reagan) was the root cause of this financial mess we are in. But it was her government that deregulated the UK mortgage market, wasn't it?
3. shipbuilder said...
I wouldn't disagree. Although there's many factors, you would have to be in serious denial to believe this all happened becuase of New Labour. Blair was a Thatcherite, remember.
4. japanese uncle said...
We ought to be revolting, indeed. Meanwhile, however pubs are being wiped out, destroying the places for congregations.
5. japanese uncle said...
Incidentally, I see in Barak Obama, a reincarnation of the no-longer fashionable, nay nearly unanimously despised/detested political icon by the name of Silky Teflon.
6. First Time Buyer said...
I am 33 years old. Ever since the avent of Reagan / Thatcher economics I have only seen the social rights that my parents fought for being destroyed. There is no doubt in my mind now that I will never have the same standard of living as my parents. This alone makes me angry. Worse, what we have seen over the past 30 years is the re-enslaving of the middle class by a new high class that concentrates all the wealth. This calls for a revolt. Fortunately this economic system is now on the brink of collapse. I am certainly not in favour of a return to a communism but I can only hope that we move away from an all aggressive anglo-saxon to a more social capitalism.
7. montesquieu said...
@ JU
Spot on. Just heard a prog on R4 talking to Obama's colleagues in Chicago U law dept. Another young, smooth tongued lawyer heavy on high moral principle and lightweight on detail preferring to leave that to others (remember how ineffectual old Tone was as shadow home secretary).
Obama's less than inspiring 'spread the wealth' (or was that 'spread the debt borrowed off the Chinese') package was accompanied by rhetoric straight from our dear departed PM.
8. Dave said...
Hi
Hang on a minute ! I know everyone blames the banks for the financial mess we are in now but what about the greedy people who borrowed the money in the face place and now will not pay it back. Nobody used a gun to force people to borrow money., These greedies should face a long stint inside!
D
9. Rentslave said...
What also started 30 years ago was our perennial trade deficits.
People talk about borrowing and our debts, without ever linking them to our habit of importing more than we export. We borrowed because of our deficits, from nations that were allowed to build up surpluses.
The market is simply trying to rebalance the global economy, which will mean no more suppression of asian currencies by their governments or inflation of anglo-saxon ones by ours. The market seeks equilibrium, but our government is throwing everything to prevent it.
Crazy, crazy, crazy.
10. crunchy said...
5. japanese uncle said...Incidentally, I see in Barak Obama, a reincarnation of the no-longer fashionable, nay nearly unanimously despised/detested political icon by the name of Silky Teflon
crunchy- I was waiting for someone else to notice. Uncanny! Trust JU.
11. japanese uncle said...
montesquieu & crunchy
The serious issue now is, if BO is really such incarnation, his mission may well be the repetition of the Silky's, ie duping the US (and the UK?) into yet another utterly unjust & diabolically criminal invasion into Iran or else, God knows, fully taking advantage of hitherto fresh/crisp/innocent image as the 'first black President', among the unthinking American (and British to a lesser degree) voters.
12. crunchy said...
Too pacify the indigenous when the going gets tough!
13. Ned Coates said...
This article is spot on. I'm fifty and watched it all unfold. Common sense disappeared and is still missing other than insightful articles like this. It contributed to me leaving the UK ten years ago.