Recent content by bbmac

  1. bbmac

    The "pros" and the "cons"

    In light of your post I guess I should substitute the word ' guidelines ' where I refer to ' rule set ' in my post above as there is mostly always discretion involved - based on what Mr Charts succinctly sums it up as....so in reality so it falls somewhere between rule set and guidelines I...
  2. bbmac

    The "pros" and the "cons"

    Hi Jon, Interesting point. I suspect the clue to your statement is in your having 30 years of experience in trading that set-up such that you have developed a 6th sense/instinct (for want of a better term) as to when it has the highest probability of a successful outcome over just trading the...
  3. bbmac

    Thatcher

    A selection rom the ' twittersphere -' I'm sure even she would marvel at their enterprise.) She actually wanted to be cremated - but there's no coal. “There is no such thing as society” – Margaret Thatcher, 1988 “There is no such thing as Margaret Thatcher” – Society, 2013 I’d jump for joy...
  4. bbmac

    Thatcher

    I agree it isn't always - but sometimes it does become tomorrow's accepted orthodoxy. Yes wealth does tend to make it's way back to those who are more able to acquire it but specifically concerning this proposed 'not for profit' housing market -it cannot - it can only be willed to a relative or...
  5. bbmac

    Thatcher

    Oh dear you are beginning to sound like Travis - you'd see a conspiracy if you saw 2 people ordering 3 cups of tea ! The world has moved on - that battle has been won - the free marketeers won - it is the accepted orthodoxy - even the labour party have accepted it. No body wants to see state...
  6. bbmac

    Thatcher

    I'll answer your questions/points in the order you raise them, and I have numbered them accordingly; 1. Now you're being silly - this ' not for profit ' housing market is designed to cure a very real and growing problem in the Uk re housing, that is all. 2. Today's radical thinking is...
  7. bbmac

    Thatcher

    Lol .....Reminds me of the bloke asking his girlfriend where she was when they shot Kennedy, to which she replied '..Arthur Kennedy's been shot !?..' G/L
  8. bbmac

    Thatcher

    Mate, your assertion about needing close on to a police state to do it is nonsense....where there is a will there is a way. I am part of a think tank that has this costed and thought through (as well as the wider implications) although we haven't published yet. I am relaxed about people buying...
  9. bbmac

    Thatcher

    This presumes the assets are immediately liquid when most are not. It doesn't matter whether the asset (s) is liquid or not - if the owner of the asset does not have the liquid funds to pay the tax - he has to sell the asset - thus redistributing and driving prices down...that is the point...
  10. bbmac

    Thatcher

    In an ideal world wealth should be evenly distributed among the population. Of course this isn't going to happen and even if everyone had an equal start (which they don't) some will always do better than others in a capitalist based economy - and that's the way it is. Add to this that...
  11. bbmac

    Thatcher

    The Yahoo poll asking whether Thatcher changed Britain for the better has returned a result of 53% yes - 47% no - it couldn't be any more polarised than that. Funny thing re a twitter hashtag ' Thatcherisdead' - Cher started to trend in google as many thought the songstress had passed lol ! -...
  12. bbmac

    Thatcher

    Good point you make. I'd go further - the model of capitalism that has developed in this country by Thatcher and has largely gone unchallenged since she introduced it has seen 80% of the wealth go to 20% of the people or less...how can this be fair ? It is a broken model and has led to social...
  13. bbmac

    Thatcher

    Mate, I would sign it. I think it is Chile that enshrined the requirement for a balanced budget into law a few years ago. it's a good idea. Since The U.s won independence in 1776 they have only had 5 balanced budgets or better ie budget surpluses and 3 of them were under Clinton.....and the...
  14. bbmac

    Thatcher

    On a positive note I think her lasting positive achievement was in foreign policy - ie recognising that Gorbachev was a man ' we could do business with ' and in commending him to Reagan...Reagan effectively called the USSR's bluff by signing up to the so called Star Wars programme and increased...
  15. bbmac

    Thatcher

    Timsk: No, I was never her biggest fan. Can you name these '...lasting tangible benefits for the nation ...' ? Pboyles: Yes the Belgrano was an enemy sub - sailing away from the Falklands and outside the 12 mile exclusion zone we had imposed around it....It's sinking with loss of 600 lives...