This still holds true

Margaret Thatcher was the greatest fiscal conservative to govern…this speech still holds true…it is a pity that many politicians have forgotten these wise, wise words.

John Key needs to make more speeches like this to counter Labour and the Greens and their silly spending promises.


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  • Pissedoffyouth


  • What we’re all hanging out for are politicians that speak plainly, say what they mean and mean what they say.

    • Troy

      And it’s usually not recognised in the good politicians until many years after they retire. There were lots of vitrole with Maggie during her terms as PM, but decades later, people admire her more and more.

      • Catweasel321

        Not really.

    • Mediaan

      Don Brash did that, and got called names for it. Didn’t work, because only a tiny proportion of the electorate ever agrees with anything.

  • blazer

    Thatcherism,Reagonomics ,Rogernomics …whatever ,laid the foundations for financial chaos.

    • In Vino Veritas

      I think you’ll find that spending beyond one’s means laid the foundation for financial chaos blazer. Exactly what Thatcher was railing against in this speech.
      Here are a few sentences that you should remember blazer, because they are truisms:

      1. You cannot legislate the poor into prosperity by legislating the wealthy out of
      2. What one person receives without working for, another person must work for
      without receiving.
      3. The government cannot give to anybody anything that the government does not
      first take from somebody else.
      4. You cannot multiply wealth by dividing it.
      5. When half of the people get the idea that they do not have to work because
      the other half is going to take care of them, and when the other half gets the
      idea that it does no good to work because somebody else is going to get what
      they work for, that is the beginning of the end of any nation.

      • Well done VV. Blazer’s slogan-response is typical when faced with immutable fact, and it all too typical of those that are intent on slicing an ever reducing pie in to more slices.

      • blazer

        ‘Spending beyond ones means’…is default policy for the western world.That includes Gt Britain.

        1)legislation .the Fed Reserve Act legislates

        • Mostly_Harmless

          She never was a grocer – her father was. To try and use that against her speaks of an elitism that doesn’t sit well with your supposedly egalitarian opinions.

          • blazer

            you are right.My bad.

          • cows4me

            Who’s minding the press blazer? It’s probably time you changed the million plates to the billion ones.

          • blazer

            give it a few years cows…and the ex state house in Sandringham will be ‘worth’ a billion!

          • Mediaan

            So don’t build state houses. They are a form of Lotto anyway. Only a privileged few get them, and then they sit there on their backsides all their lives, enjoying the housing subsidy from the rest of us.

          • Hazards001

            Damn right! And bleating to the MSM if they are asked to move from their 3 bedroom home of 42 years into a one bedroom house. They don’t want to move because it’s theirs by virtue of the fact they lived there on the state (the taxpayer) for 42 years and did the lawns!

          • Mediaan

            Make that 30 billion ones, I need a pack of butter.

          • Mostly_Harmless

            On behalf of Maggie, I forgive you :)

        • farmboy

          go and get a fuckn job you homo ive probably done more work in the last 4hours than you do all day,and you want to share the wealth, fuck off

          • blazer

            I take it you don’t agree with my sentiments then!

          • +1 for the calm retort.

        • onelaw4all

          So I take it, then, that you advocate for a proper free market then, as opposed to the artefacts of statist interference/collusion that you enumerate.

          • blazer

            no such thing as a ‘free’ market.Advocate banking reform and dealing with stark inequality.

        • Mediaan

          Who let you out of the Middle Ages?

          This is not about devils and evil. It is about welfare dependency. It is about the depressing effect on prosperity and jobs that is caused by left-wing governments’ vote-buying.

          Typically left-wing governments are run by dim puppets of foreign interests. They want only power. They don’t care about the happiness and prosperity of the host country they are interfering in.

          You know what the sequel of welfare dependency is? Tyranny.

          None of which you address in your comment.

          • blazer

            surely you jest1Substitute right wing for left wing and you’re getting warm.

        • Mediaan

          May I add, if you live in Auckland, by the time you have paid for your house you are one of the world’s richest ten per cent.

          • blazer

            that certainly speaks volumes.

  • Troy

    The Iron Lady says it all in her opening statement. The Liabours and Toxic Greens would be laying in their own vomit listening to this, of course. Taking responsibility for ones own money and decisions lays with the citizen themself, not with the state as the Liabours and Toxic Greens would want. I guess it’s why i’ve always tended to vote Nats, the socialist left are bilious and think they know better on all counts – may they never make it to the treasury benches again for everyones sake.

    • Gazzaw

      Yes. Annette King’s low cost housing ‘initiative’ is just proof that the leopard hasn’t changed its spots. The inane supposition that the ‘wealthy’ would & should cross-subsidise the ‘needy’ (read ‘entitled’) into affordable housing is incredulous. That a young couple should consider busting a gut to save the necessary deposit and then be told that a proportion would effectively be given to the ‘needy’ so that they could be next door neighbours is socialist dogma gone mad.

  • Changeiscoming

    What a simple clear message that makes total sense. What doesn’t make sense is the number of people, businesses and organisations (local Govt and central Govt) that don’t get it.

    • blazer

      thank you.

  • JeffDaRef

    I hope Crusher has this on auto-play in her office – couldnt you just imagine her giving this speech?

    • I like the idea of her as PM, actually.

      • JeffDaRef

        I agree – didnt like her so much a few years back but she’s been bloody effective this term.
        One for the future is Jami-Lee Ross – always comes across well when debating – though I’m not sold on a PM called Jami-Lee, particularly if we ever went to war again…..

      • Hazards001

        Yeah, I could live with that.

  • Patrick

    There is no public money – only taxpayers money.
    A generation of Kiwis have been led to believe otherwise.

  • Neil

    Funny to hear her warning about the problem with fractional banking even back then – nothing has changed – except the population is more in debt both publicly and privately to private banks. We need someone other than private ompanies to create wealth out of nothing and then charge interest for us to use it.

  • Bunswalla

    I loved Maggie’s comment that “You don’t get rich by ordering another cheque-book from the bank.”
    Were you listening Wussell? The Lady makes a lot of sense.

  • Catweasel321

    The prospect of JK addressing the NP conference in a Buffont and pearls is indeed a tantilising prospect but I don’t think it would make them any more inspiring.