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Wrong. Northern Rock started the ball rolling and the RBS is owned by Nat West an English bank as are the majority of bailed out banks.

Both Brown and Blair were using Thatcherite policies and embraced her in the guise of New Labour.

No they weren't. Lots of people will say that becuase they would like that to be true. Brown completely re structured the banking regulator, with Ed Balls help. They took regulation away from the bank of England who had done it successfully for three hundred years and basically told the bankers to look after themselves. The massive injection of loose money injected into the economy is pretty much the exact opposite of Thatchers handbag economics of "you can only spend what you earn". Loads of people like to try and blame Thatcher for the banks because they like to blame everything on her. Her big bang was a different story though.
And isn't it funny that Alex Salmond was claiming HBOS and RBS were Scotlands great success story, until the British tax payer bailed them out
 
i fail to see to how any politician from the last half century can be seen or thought of with any affection or nostalgia whatsoever from any political party.
the expenses scandal shows what utter contempt all politicians from all sides have for us and our money.

and bailing out banks what a crock of shiiiite they should have been left to fail.
human civilisation has been going for thousands of years, a few banks failing wouldnt stop us. would be good to sort the wheat from chaff.
i also wish the europeans would stop putting off the inevitable and cast out those countries from the euro that shouldnt have been in it in the first place.

yes there might be a financial meltdown but only for the elite who stand to lose their precious pennies that they guard like a dog guarding its bone. life goes on there just delaying the inevitable.
 
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