[Linux4christians] OT: Thatcher quote

Ben Thorp THORPB at uk.ibm.com
Fri Feb 20 04:00:17 EST 2009


> This crisis is the result of the greed-for-power of Leftists 
> all over the
> world who abused the power of government by giving loans to 
> people
> who cannot possibly afford them merely to buy votes by 
> creating the
> false impression that were helping people.

Well - that's highly debatable. In the UK, the Labour government is only 
just left of centre and some debate that it's actually more right than 
left now, and I don't think anybody is under the impression that it's 
actually socialist. However, there is a strong argument to suggest that 
beginning of the rot began with the right-wing Conservative government 
back in the Thatcher/Major era, who began the slide into increasing debt 
and unrealistic mortgages. 

Neither government is entirely blameless. I think blaming the current 
crisis purely on a political system is a little short-sighted. 

Ben





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