Tuesday, September 15, 2009

Labour Cuts!

Tim Montgomerie is first to throw Gordon’s words back in his face.  He won’t be the last…

Pound Whacked After Mervyn King Admits : QE Isn’t Working

Mervyn Wacks PoundThe pound is getting whacked after Mervyn King implicitly admitted that despite printing £175 billion of he might still need to cut rates or even effectively charge banks for putting cash on deposit with the central bank.

We are entering into a monetary policy twilight zone where the governor of the Bank of England, in the words of the FT, has to “entertain more outlandish concepts like negative rates”The QE disaster unfolds…

Quote of the Day

Douglas McWilliams writes

“Once the Treasury became overoptimistic about tax receipts, the money burnt a hole in the pockets of the politicians who blew it on spending binges. But why would an allegedly competent Treasury make such major mistakes in the first place? Here I am afraid is the key to the story – the politicisation of a once great institution. One can argue that the practice started with Mrs Thatcher, but she at least had the excuse that she was trying to introduce a more up-to-date way of thinking. There is no equivalent excuse for Gordon Brown’s appointment of his former political hack Ed Balls as Chief Economic Adviser or for promoting his former private secretary Nicholas MacPherson over the heads of more experienced officials to be permanent secretary. These moves made it clear that Brown wanted to stifle debate.”

Lose the Loser : Harriet 4 Leader!

HARRIET4LEADERCCHQ will be all a quiver at the news that Harriet is back on maneuvers, which she will no doubt deny later today if past performance is any guide.  Her team of volunteers are polling Constituency Labour Party branches for their views on the party leader.  Guido recognises push-polling when he sees it: party activists are being asked to rank Gordon and herself as to who is the “best person to sell the Labour Party” on a scale of 0 to 5. 

It would be very, very interesting if the results “accidently” leaked…

Do you think that it might encourage the penny to drop in few places that she is better than their unelected party leader?  Guido has decided to back her hopes and has come up with a campaign slogan for Harriet. If she was being honest she would campaign to: “lose the loser”.


Seen Elsewhere

NUT’s Loony Defence of Status Quo | Jago Pearson
A Dozen Reasons to Be Cheerful | John McTernan
Political Bloggers Are Equal Opportunities Attackers | ConHome
Michael Gove Should Resign | Conservative Women
Sarah Wollaston’s Naming and Shaming of Bloggers | LibDemVoice
Fraser Nelson: Put Your Money on Ed Miliband to Win | Guardian
Guido Fawkes is Too Aggressive | The Times
Ditch Tobacco Plain Packaging | Grassroots Conservatives
What Farage, Boris and Rob Ford Have in Common | William Walter
Labour Spell New Adviser’s Name Wrong | ITV
Dave Stung by Jellyfish | Sun


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Rod Liddle on the loony UN sexism special rapporteur:

“There is more sexism in Britain than in any other country in the world, according to a mad woman who has been sent here by the United Nations.

Rashida Manjoo is a part-time professor of law at Cape Town University in the totally non-sexist country of South Africa (otherwise known as Rape Capital Of The World).

Mrs Magoo has been wandering around with her notebook and is appalled by the sexist “boys’ club” culture here, apparently.

I don’t doubt we still have sexism in the UK. But is it worse than in, say, Saudi Arabia, d’you think, honey-lamb? Or about 175 other countries? Get a grip, you doolally old bat.”



orkneylad says:

What’s he been doing FFS, mining bitcoins?


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