chiefdave
Well-Known Member
Read the Conservatives Freeing Britain to Compete report from prior to the crisis. They wanted far less regulation of banks than Labour implemented in particular mortgages and pension providers. In fact they wanted to completely remove all regulation on mortgages.
Some quotes from the report:
"We see no need to continue to regulate the provision of mortgage finance, as it is the lending institutions rather than the client taking the risk"
"The government claims that this regulation is all necessary. They seem to believe that without it banks could steal our money"
"A Conservative government should relax banking regulation, allowing a new breed of venture/micro-credit institutions"
"Our aim is to liberate the economy from the burden of unnecessary regulations"
"The regulatory burden should be measured and reduced year on year"
Its odd logic when people say don't vote Labour because of Blair and Browns record but also complain that Corbyn isn't a carbon copy of what has gone before.
And even if you accept that it was all Labours fault why has the recovery, under the Conservative, been the slowest and weakest in history and so much worse than pretty much every other country that was affected, the exception being Greece.