Lady Star Posted October 1, 2009 Share Posted October 1, 2009 One (and there are plenty more) effect was that AIG located to London so it could escape US regulation. This enabled it to insure derivatives which were based on sub-prime mortgages. The banks having their risk 'insured' were able to buy trillions and trillions of these derivatives. Only trouble was, AIG never had any money to pay out if things went belly up. Which they did. Thanks Gordon. Gordon Brown invited AIG to the UK then? Or was it just a case of a independent business reloacting to a country where they could trade in the manner they wanted to (good or bad)? Are you sure that there haven't been UK companies relocating to other countries where they get away with paying the staff less? Or can step aside from our H&S regs? Oh yes, that's right, loads of em! Companies are allowed to trade wherever they wish if they have the cash to buy office space - governments have nothing to do with this... Link to comment Share on other sites More sharing options...
Lady Star Posted October 1, 2009 Share Posted October 1, 2009 I'm beginning to wonder if you ever get out! My eldest lad started a new school a few weeks ago, the old one was knocked down as it was falling to bits and the new one is superb. Does this class as something to show from the spending? Tricky is a big fan of duck houses it seems - public cash obviously better spent on a tory moat than a kids school! Link to comment Share on other sites More sharing options...
Tricky Posted October 1, 2009 Share Posted October 1, 2009 Tricky is a big fan of duck houses it seems - public cash obviously better spent on a tory moat than a kids school! ooooooooh! get you three. Anything that promotes joined up thinking in the little Titanic must be a good thing. He certainly won't have inherited the ability from his father. Link to comment Share on other sites More sharing options...
Titanic99 Posted October 1, 2009 Share Posted October 1, 2009 ooooooooh! get you three. Anything that promotes joined up thinking in the little Titanic must be a good thing. He certainly won't have inherited the ability from his father. Don't worry not that long to go now before your friends can start taking money away from our kids, our sick and our Pensioners to give it back to the well-off! Hope this makes you feel good! Link to comment Share on other sites More sharing options...
Saxon Posted October 1, 2009 Share Posted October 1, 2009 Reading these replies, I'd be very interested to see how old contributors to this thread are. Just in the interests of research, you understand Link to comment Share on other sites More sharing options...
Tricky Posted October 1, 2009 Share Posted October 1, 2009 Don't worry not that long to go now before your friends can start taking money away from our kids, our sick and our Pensioners to give it back to the well-off! Hope this makes you feel good! Yup, the well-off in China and Japan and wherever else we sold our debt to under Gordon. Nope, doesn't make me feel good and that's why I'm recommending people vote anything but Labour. Link to comment Share on other sites More sharing options...
wednesday1 Posted October 1, 2009 Author Share Posted October 1, 2009 Yup, the well-off in China and Japan and wherever else we sold our debt to under Gordon. Nope, doesn't make me feel good and that's why I'm recommending people vote anything but Labour. Tricky what were your views on the minimum wage before it was introduced by Labour? The Tories vigourously opposed it's introduction claiming it would be a disaster for business.This has proved not to be the case. Do you think that the minimum wage should be abolished if the Tories are returned to power? Link to comment Share on other sites More sharing options...
chem1st Posted October 1, 2009 Share Posted October 1, 2009 Reading these replies, I'd be very interested to see how old contributors to this thread are. Just in the interests of research, you understand How old are you? Link to comment Share on other sites More sharing options...
Berberis Posted October 1, 2009 Share Posted October 1, 2009 Not quite the same as dumping whole communities into the dustbin - on purpose - by our own government - and still to this day without any regret. Dump a community or a nation? Maggie made the correct choice, something that was reflected in the countries growth as a major power and her increased voter share in subsequent elections. She was doing what the country wanted. Link to comment Share on other sites More sharing options...
Titanic99 Posted October 1, 2009 Share Posted October 1, 2009 Tricky what were your views on the minimum wage before it was introduced by Labour? The Tories vigourously opposed it's introduction claiming it would be a disaster for business.This has proved not to be the case. Do you think that the minimum wage should be abolished if the Tories are returned to power? Same question to Anarchist please! Link to comment Share on other sites More sharing options...
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