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    Those 'bearded ladies' would scare a VC winner, Bern. But they do exist and they are there on display at Labour Conferences. Harriet Harman is most certainly one of these. You also misrepresent the situation, their definition is not 'equal opportunities' but positive discrimination and beaurocracy that places common sense on the back burner. I am sure this subject will crop up again for more detailed discussion when 'orrible 'arman comes forward with her so called Equalities Bill.

    The simple fact is that Mrs T never did even contemplate what Brown did in her 10 years plus. There were voices urging her to do take a similar approach, independence for the BoE and'light touch'. OK she did free up the City, that was necessary but that was combined with the introduction of retail Financial Services regulation for the first time and she made sure the BoE kept a tight rein on the banks. You cannot deny that she had a very traditional attitude towards debt and her background and record most certainly shows how she would disapprove of the Brown Boom that was a leading cause of the bust.

    You are also understating the role of the UK economy in what happened. Recessions always happen, they are cyclical, it was Brown who was deluded enough to think he had banned bust. He managed the economy in such a way that he clearly believed he had changed the laws of economics. We had a massive 'stuctural debt' at the start of the recession due entirely to Brown. It is structural debt, that which will not be absorbed and repaid as a result of economic growth, that is the big problem created by Brown. It is that which is a massive problem and because of the recession has got worse. Add to that the regulatory changes Brown made, his failure to give the BoE an interest rate brief that incorporated personal borrowing levels, we had a recipe for turning a cyclical recession into a finanical disaster. It may suit Labour supporters to keep claiming the whole problem is a world recession and the Americans fault but they cannot avoid the responsibility Brown has for the severity it hit the UK. The evidence of Browns stupidity is there for all to see as most of the rest of the world climb from the pit we are still in. The there is the spending hangover that must be dealt with.

    The reason Bern for Labour to keep driving the economy into the ground every time they obtain office is because they do not understand the needs of business. They spend other peoples money until they run out and burden business with regulation that is highly damaging. They are the ones who get that symbiosis wrong, time after time.

    We are not a million miles away on the education issue and yes Shirley Williams was a disaster. I do admit that this was Mrs T's failure. Underfunding was not the problem here so much as political interference and ideology.

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