Originally Posted by
-:Undertaker:-
More socialist rubbish yet again, they saved the working class and made more wealth then ever before, the effects which have been lasting all through Labours term in office. You just cant accept it because your living some fantasy in which the mines are still open and business will not come to the United Kingdom due to high taxes which are high to support useless and non-profit making industry.
I don't know much about the ERM but I would want a independant currency, not some european dream in which the euro would take over the sovereign currencies. That was its aim, to achieve money stability in europe in prepartion for the single currency. We don't want the euro so would would we tie ourselves down to this ERM scheme which again, we have coped with fine without for years. Spectating brought the pound sterling to a collapse that day, and spectating cannot be controlled properly by any government.
As the Labour government has had to appeal to the IMF once, and could well have to do so if it keeps spending the way it is, I would not compare the Conservative record of strong growth, turning a declining economy around and creating new wealth against a party which has made us appeal to the IMF, did nothing to rescue the economy and sold most gold stocks in 1997 - early 000's when they were at a 20 year low, now leaving us with no backup what so ever, thus why we are getting deeper and deeper into a quagmire of debt.