February 19th, 2008

Whose Home Will Brown & Darling Repossess First?

Right now, across the land, stringers for tabloids are looking for the first tragic but photogenic family to have their home repossessed by “the people’s bank”, Northern Rock. They will be the poster family for this whole incompetent mess.

As Goldman Sachs walk away laughing after offering counsel that will have earnt them a fee not unadjacent to £10 million for advice that Vince Cable offered for free, Tom Scholar,* Gordon Brown’s former private secretary, joined the board of the people’s bank yesterday from the Treasury. He will be not just the eyes and ears of Darling and Brown but the one who casts their vote. So much for an “arms length” relationship…

Home repossessions are already up 94% since Labour ran this poster during the 2005 general election campaign. Now the government won’t just get the blame for rising home repossessions, it will actually be repossessing homes. The state will then of course be obliged to re-house them. Welcome back to the world of socialist economics…

*The girls in the typing pool at Northern Rock should be aware that he follows in the tradition of former CEO Adam Applegarth’s hands-on management style.



Seen Elsewhere

All the Single Ladies (And Lords) | Bloomberg
How Ruffley’s Resignation Became Inevitable | ConservativeHome
We Need a Recall Bill Now | Speccie
Left-Wing Anti-Semitism is Nothing New | Dan Hannan
Coe Pulls Out of BBC Trust Race | Mail
It’s Not How You Look, Ed. It’s How You Think | Hugo Rifkind
Mehdi Hasan’s Israel Spin Debunked | Breitbart
Labour’s Muddled Cam Attacks | Janan Ganesh
Ed’s Policies are a Pile of Fudge | Damian McBride
What Ruffley Standing Down Tells Us About Gove | James Forsyth
Tories Say They Could Sack Ruffley | Buzzfeed


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Damian McBride writes in the epilogue to his memoir…

“At the time of writing, nine months from the election, I’ve concluded that Labour currently has no positive messages to communicate to anyone about why they should vote for the party, no policies which will persuade them, and is being run in a totally dysfunctional way.”



Christie Malry @fcablog

Ed Miliband does photo oops, not photo ops


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