Friday, February 8, 2008

Slaughter Loses the Plot

Andy Slaughter MP appears to have finally flipped his lid. He stormed out of an interview yesterday on “The Week in Westminster” after telling I Want a Referendum Chairman Derek Scott to “fuck off” during the interview. The presenter (Mark Darcy) told Scott he had never seen anything like it in his career. A sanitised version is being aired tonight. If a digitised version should accidentally be emailed to Guido he would be grateful.
Slaughter is also incomprehensibly threatening to report the I Want a Referendum campaign to the police for “election campaigning” in his constituency. This is the same campaign backed by Labour MPs Frank Field, Kate Hoey and Gisella Stuart…

UK Government Bails Out Less Indebted Liberia

Guido gets Treasury press releases, yesterday one caught his eye:
UK helps Liberia take big step towards debt clearance
The UK today assisted Liberia in taking a big step towards poverty reduction by helping it clear the arrears on debt it owes….

Alistair Darling went on to boast about how great this was for Liberia, which he described as a “HIPC”, a Heavily Indebted Poor Country. The 3 million inhabitants of Liberia have a government debt of $4.5 billion dollars, some £2.3 billion pounds or £767 per head.

Yesterday the ONS added £52 billion to the PSBR for Northern Rock taking the government’s admitted debts to 42% of GDP, busting Gordon’s already fiddled 40% golden rule. Gordon claims government debts stand at £536 billion, add in his off balance sheet fiddles like £725 billion of public sector pensions, £110 billion in payments due to companies in the next three decades under PFI and £18 billion of debt held by Network Rail and the figure is nearer £1.4 trillion, which is well over 100% of GDP. Now add on the private debts of credit card maxed-out Britons and the total debt is something like £2.7 trillion. Over £100,000 per household in Britain.

Which makes it seem very odd that Alistair Darling is bailing out the heavily indebted poor Liberians who have a tiny fraction of the debts that Labour has run up for Britons.

Digby Says Taxing Non-Doms is a Dud

Digby Jones is a pro-business Thatcherite so going into Gordon’s big tent was always going to involve him holding his nose. In the morning’s FT he says he wasn’t consulted over Labour’s copycat plan to tax foreign businessman, that it is not popular with businessman he meets as he tries to drum up inward investment. Shooting the golden goose is crazy, wealthy foreigners boost the economy. Osborne should know better. Digby knows it, the City knows it, but they don’t have any votes.

Seen Elsewhere

Labour Beats UKIP in South Yorkshire | LabourList
Mock the Week’s Weak Comedy | Nigel Farage
Can Jim Murphy Save Scottish Labour? | Guardian
There is Still Appetite for the Westminster Lunch | Jon Craig
Labour Turn Their Backs on Jewish Community | Dan Hodges
Chivalry is Not Dead | Laura Perrins
Jonathan Jones is a Tw*t | Iain Dale
Second Scotland Poll Suggests Labour Wipeout | Times
Paedo Probe Boss Urged to Quit | Sun
Keynesian Tories Won’t Eliminate Deficit | Tim Montgomerie
Whitehall Doesn’t Work | Dom Cummings


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David Cameron drug policy reformer and leadership contender in 2005…

“Politicians attempt to appeal to the lowest common denominator by posturing with tough policies and calling for crackdown after crackdown. Drugs policy has been failing for decades.”



“Digger” Murdoch says:

Is it just me, or is Nigel Farage just a top hat and a monocle away from being a Batman villain?


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