Reply to post: Re: Legal Headaches

Fear and Brexit in Tech City: Digital 'elite' are having a nervous breakdown

ecofeco Silver badge

Re: Legal Headaches

In other news, the vast majority of arrests come after interaction with police. Therefore if we abolish the police, crime will disappear!

For some reason I was just reminded of Thatcher.

http://www.mirror.co.uk/news/uk-news/margaret-thatcher-dead-how-bashed-1819966

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Margaret Thatcher

Margaret Thatcher 1925-2013: How she bashed miners and the unions but backed yuppies

13:37, 9 Apr 2013

Updated 12:16, 10 Apr 2013

By Mike Ridley

After Baroness Thatcher's death at 87 , we look back at the strikes, riots and yuppie boom

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Margaret Thatcher's second term saw Britain's economy boom... but prosperity for the rich was paid for by millions of working men and woman.

The result was that the 80s saw Britain under Thatcher bitterly divided - while champagne corks popped in the City, the unions reeled from her assault on organised labour.

In the spectacular stock-market boom of the late 80s, Britain's rich became even richer.

Half of all the tax breaks brought in during Thatcher's 11 years in office went to the top 10%.

The Big Bang which revolutionised the way the City of London operated, throwing out hundreds of years of safeguards, brought untold riches to City spivs as Thatcher sold off the family silver, privatising state-run utilities such as British Gas and British Telecom.

A flurry of privatisations followed - of electricity and airlines - which raised a fortune for the Treasury.

City whizzkids, nicknamed yuppies, short for Young Upwardly-mobile Professionals, made huge bonuses by shifting money around the globe, contributing nothing but their ability to play a market."

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