May 27, 2008

Thatcherism was the last mad ism of the 20th century, barely better than communism on the scale of mad theories. A few short term gains, but in the long term it has been a disaster, just a cover for greed and corruption at the highest levels of business and govt, (the British-Saudi arms deals, fund to political parties repaid with favours, sleaze and corruption on the board of the ASX, Maurice Newman, Howard''s mate) Run down health and education systems, an entrenched inter-generational divide, thriving drug and alcohol culture; if you are not in with the in crowd, bad luck. Economic growth is clever heads continuously on-selling worthless paper to someone else who has just sold some worthless paper, business knows best.

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