March 1st, 2010

Pound Sinking on Hung Parliament Fears

The pound has just fallen through the psychologically important €0.90 cents to the pound level, if it were not Greece we would now have £/€ parity.  It is sinking against the dollar as well. Think what a hung parliament and the inevitable political paralysis would mean for deficit reduction.  Markets would go into a tailspin, the cost of borrowing would rise. We would be looking at a Greek tragedy…

UPDATE : Gilt market has opened down as well.   The market has already removed the Triple-A rating on UK government debt.


331 Comments

  1. 1
    Maladroit Labour Chump says:

    A vote for Brown ensures your Country go down.

    • 3
      Cross Chris says:

      A pound in your pocket….

      • 20
        Somebody says:

        Am i correct that we will now pay more in debt interest (54billion a year) than the defense budget (38billion) ????

        So for net 5 years we have to pay the debt first – then think about our troops..

        thats not a nice though…..

        • 34
          WMD says:

          here’s a thought,
          pull them out of the pointless bloody quagmire in Afghanistan
          problem solved

          • From his padded cell in Whitehall, Ed Millipede says:

            It’s very very important that the misogynist gangster government of Afghanistan receives our continued support, so they may continue to legalise rape and produce 90% of our heroin. That’s why Gordon weeps for the troops who die. That’s why he’s cut £800m from the defence budget.

            Reduced budget = more dead troops = more weeping from Brown = everyone will see he’s human.

          • Rigsby says:

            Afghanistan is under contol President Khazi has taken personal control of the fair election monitoring process (this is not a joke)

          • WMD says:

            thank heavens Dave isn’t totally commited to 5 more years of pointless slaughter in Afghanistan
            that’s the sort of thin that could have come back to haunt him

          • Que? says:

            How can it? Call-me-Dave is already lining up the bank directorships ready for when he loses the election.

        • 36
          Peter Grimes says:

          £54 billion and it’s bound to rise.

          Three cheers for Bliar/Brown who have truly, truly fucked the country even more than the last incompetent Labour ‘government’.

          Why were Dave and Boy George not taking the fight to the mad one-eyed Scottish c.unt earlier about debt having doubled 2002/7?

          • Dave used to have a 26, yes a 26!! point lead and managed to piss it all away says:

            because they are shit?

          • Archie says:

            Cameron is going to lose. Big time! Trouble is, so are we, ar least until the IMF steps in………or do I mean the EU?

      • 151
        Socialism has murdered 150 million human beings pride says:

        Just as Labour is another name for shite

        • 262
          neoconservatism has murdered 150 million human beings brains says:

          Just as Conservative is another name for twat

      • 254
        Sting's Beard says:

        You ignorant arse. Has someone just woken you up and told you there is going to be an election. How intelligent was that socialist Hitler. NOT VERY!! bit like your mates Blair Brown AND Stalin. The thinking analytical person always has a degree of scepticism which is why they adopt a conservative stance. Consequently they dont get caught up in the malestrom of whatever harebrained dunderass idea is currently sweeping the planet. The reason you think Tories are thick is probably because you dont have enough mental capacity to recognise intelligence when you happen upon it! There you have been told!!

        • 263
          neoconservatism has murdered 150 million human beings brains says:

          Hitler was a Nazi you fuckwit
          he put German socialists in concentration camps and murdered them
          try and learn the basics before making yourself look such a stupid c’unt

        • 266
          Sting's Beard says:

          NAZI is an acronym for National Socialist. Hitler was a Socialist just like Brown Foot Kinnock all the rest of the Gobshites!!

        • 268
          Susie says:

          He put international socialists into concentration camps, quite true… N A Z I stands for Nationalsozialist which translates to National Socialist.

          One lot of socialists fighting another and screwing the rest of the world in the process… as usual.

        • 269
          Sting's Beard says:

          Susie Good to see the clear light of common sense still beams in Sussex!!

        • 270
          Anonymous says:

          neoconservatism has murdered 150 million human beings brains says:
          March 1, 2010 at 12:18 pm
          Hitler was a Nazi you fuckwit
          he put German socialists in concentration camps and murdered them
          try and learn the basics before making yourself look such a stupid c’unt

          He was a National Socialist which is where Liebour voters go when disillusioned eg BNP

        • 326
          neoconservatism has murdered 150 million human beings brains says:

          they were German socialists he put in concentration camps you fuckwits
          try reading up on some history
          Parties like B&P scum as far right nutters
          all your bleating won’t help you weasel out of it

      • 278
        Primus Inter Pares says:

        Not a whisper of this on Sky or BBC web pages?!?!
        This whole nation is on the cusp of getting right royaly shafted. Still we are used to it, first the bankers did to us, then “our” MPs next it will be the international money market to take a thick slice of our collective arse hole. Pass the Vaseline, brace yourself and think of home…..ooooooohhhhh.

    • 8
      Anonymous says:

      Greek Trajedy?

      A Jockanese disaster more like.

      • 186
        labour is a cancer on society says:

        How many times do I have to say it. McDoom does not consider himself Scottish. A Marxist does not have a nationality. Scotland is collective 29 – a NuLab slave vote farm. He is by his own admission a North Briton.

        • 261
          far right wankers are evil says:

          how does it feel to be on the wrong side of history?
          Bush was a c’unt and so are you

          • Sting's Beard says:

            You are a very repugnant blogger, who obviously knows that in the big scheme othings your lot is no more than to perform the role of useful idiot. And you dont even do that successfully!!

    • 32
      Running Scared says:

      Good Lord Guido!
      You mean the pound isn’t at a record high ???
      That’s dashed startling news and no mistake.

      I’ll have to call my broker and get him to invest in independent bloggers who aren’t terrified of a hung Parliament.

      After all, a hung Parliament would give Conservative backbenchers undreamed of power to change a minority Conservative Governments Policy and put members bills for a Lisbon Referendum, dump climate change & other policies Dave sniffs at.

      But who would want the likes of Carswell or Hannan or Davis to wield real power?
      Not you clearly.

      • 167
        Rigsby says:

        there is a difference between a hung parliament and a small majority govt which is what you are describing, in a hung parliament the most likely govt would be Lib Lab and Tory backbenchers would wield zero power, Hannan would wield zero anyway as he is not a MP.

        • 215
          Jart says:

          Not in a minority Government.
          The Lib Dems won’t go near anyone who deosn’t give them full PR and the Conservatives and Labour won’t so it will be a minority Government with the Conservatives still the largest Party.

          Hannan still has a powerbase among sympathetic Eurosceptic Conservative MP’s just like Boris does with his many supporters.

          • The pound in your pocket says:

            And who will support poor little me while you are all supporting each others’ troughing?

    • 37
      Martin Day says:

      Cameron should show some leadership for once and come clean about Lord Ashcroft’s tax status and, whilst he’s at it, he should clarify the relationship between William Hague and Ashcroft and give a full explaination of what they were upto in Cuba last year!!

      • 70
        Ken Lorp says:

        They were on a fact-finding mission. Britain will shortly be reduced to tractor production and sugar farming to sustain ourselves (apart from dispersements from the EU politburo) so they wanted to learn from the experts.

        A glorious workers paradise awaits us all ….

        • 237
          bored snapper says:

          Tractor production???? do we have the industrial facilities for such a demanding world role

          • Ken Lorp says:

            It doesn’t matter as Gordon likes to reel off impressive tractor statistics. We don’t actually need a correlation between production levels and Gordon’s statistics!

      • 76
        Dick Thruster says:

        Perhaps they were having rampant gay sex.

        Does Labour have a problem with that, now it’s been infiltrated by Islamic fundamentalists?

      • 77
        The IMF is coming says:

        Buying Cigars

      • 80
        Martin's Gay says:

        To be entirely consistent and transparant we should ask questions of Brown and the shoe in of Jack Dromey (Leader of Unite) into a Labour safe seat. When Unite have given Labour over £10 million in thw past 3years and £333,00 in December 09 alone.
        Nepotism, corruption and cash for seats ? Surely not.

        http://registers.electoralcommission.org.uk/regulatory-issues/regdpoliticalparties.cfm?ec=%7Bts%20%272010%2D03%2D01%2008%3A43%3A33%27%7D

      • 85
        Martin Day also added says:

        Sorry chaps, that should have read “Brown should show some leadership for once and come clean about Lord Pau’s tax status and, whilst he’s at it….” Oh, sorry.

      • 90
        Laud paul says:

        Thanks for not mentiopning me martin.Knighted in the post

      • 150
        Max says:

        Who is Martin Fooking Day? Is this the right one, with the following books to sell?

        The Devil Goblins From Neptune (a biography of Lord Mandleson)
        The Hollow Men (Tony Blair 1997 to 2007)
        Another Girl, Another Planet (an anthology of the speeches of Harriet Harman)
        Bunker Soldiers (novel covering Labour’s Brown years)
        The Sleep Of Reason (the Kelly death from the viewpoint of Labour’s press office)
        Crisis Control (a practical manual for government press officers)
        No Man’s Land (an informal biography of Sarah Brown)
        Wooden Heart (a study of labour’s relationship with the armed forces)

        Or is it another Martin Day?

      • 169
        purpleline says:

        Ashcroft just announced he will not be a nom- dom- so now that is cleared up, tell us about the dodgy lord paul who bankrolls Brown as well as the Tata Hunts who have mothballed Redcar to obtain 600m carbon credits while transferring production to India.

        Labour and Asians = corruption

      • 232
        oldrightie says:

        Keep up, twat.

    • 223
      E Welshman says:

      Nothing at all wrong with the £ falling, say Blair & Brown’s Chums – it’s brilliant for exports!

      • 234
        purpleline says:

        What do we export?

        • 247
          Ken Lorp says:

          We export fucked up political ideology. With the pound weaker, it will be cheaper for aspiring Marxist-Socialist-Leninist-Stalinist-Mugabist-Jong Ilist states to import it.

          Of course, they won’t give us real money but will be happy to trade their muslim extremists, which we will gratefully accept.

        • 281
          Marchamont says:

          middle aged, middle class white voters.

    • 238

      If you want a currency like Zimbabwe,
      Vote for Britain’s Jock Mugabe!

    • 295
      Carnot says:

      Another excuse for Brown to stay on. Jonah is going to try and delay the election and will need to be pushed, and pushed hard. The raving idiot believes that he is the only one who can save Britain. The trouble is most of us need saving from this nut-case.

      How did we become saddled with this ejeet.

    • 300
      Grim Aldi says:

      A vote for Brown is a vote for a clown (except he’s just not funny).

    • 325
      titer says:

      Money Markets remove AAA rating from guilts (Ref FT)
      Now we are truly fucked

  2. 2
    English John says:

    The Greeks used to execute incompetent politicians. Perhaps we should bring back what is a great idea

    • 10
      Koba says:

      Brown should be facing charges of criminal neglect for the damage he’s done to our country

      • 251
        udderly 'orrible says:

        Seconded.
        Put him before a new Nuremberg Tribunal for Crimes against the Economy, him, his Marxist fellow travellers and the chief banksters, altogether.

      • 309
        Dougal says:

        Good thinking but he should be facing a capital sentence for treason for what he’s done to us all.

    • 105
      the Grex says:

      Have you seen Dennis McShane’s tweets? Nasty piece of work.

    • 129

      Talking of Greeks – can anyone explain to me how Guido is able to conclude: “if it were not Greece we would now have £/€ parity”?

      I’m feeling thick today – and can’t work that statement out.

      • 145
        An encyclopaedia says:

        Simple typo Billy. What he meant was – if it were NOT for Greece etc as that benighted country is in even deeper shit than the UK. Hope that helps clear your head.

      • 148
        English John says:

        Greece drags down euro, ergo euro is weaker. Euro strong… pound mirrors Zimbabawe dollar.

        • 312
          Allan@Aberdeen says:

          Greece is simply showing why Germany keeps it in the Euro – to hold down the value of Germany’s trading currency thus maintaining the competetiveness of German industry. Think about it: what would be the value of the DM vs the £ if the Greek drachma weren’t in the Euro-mix?

          • sockpuppet #4 says:

            We could have a fantasy currency league, for who could think up the worse one. Perhaps all of them would be worse than the euro other than the DM (perhaps whatever Belgium and Netherlands had).

          • Allan@Aberdeen says:

            I’ll tell you what: each Euro note has a letter which links it to the country of issue, and thus to that country itself. Now if China were to say that it will accept in trading 1 German Euro vs 1.1 French Euros vs 1.25 Italian Euros vs 1.5 Greek Euros etc, then a)would that be possible and b) would that work?

    • 294
      Anonymous says:

      But we don’t have any competant politicians to act as judges! :-(

      • 314
        Allan@Aberdeen says:

        Cherie is a judge. I reckon she would put Brown to the gallows. However, the other half of the treasonous twosome would be spared if he does his share of housework.

  3. 4
    ISAMA BIN LIDON says:

    VOTE FOR BROWN !
    no more Boom and Bust !
    Just Bust !

  4. 5
    Chris says:

    I don’t understand the latest polls. Everyone I talk to is sick of this New Labour and Brown’s incompetence. I have never known a government to be hated as much as the current lot (even Thatcher’s). The polls have got to be wrong.

    • 24

      The polls are conducted during the working day and call voters at *home*. You figure it out.

      Brown’s supporters are dolescum, public sector workers on the eternal sick list (stress innit), the mentally ill, and people who can’t get out of their front door because of the volume of old newspapers, pizza boxes, and piss soaked matresses jamming their hall.

      The pollsters should preface every poll with a question “Do you now have, or have you ever had, a piss-soaked matress in your front garden?” Just so we know who is being asked.

      • 43
        Rigsby says:

        The polls surely only reflect voters who will definitely vote, these wild fluctuations are in fact just the levels of either parties core voters who would vote red/blue no matter what, I would suggest the vast majority of poll respondents say ‘none of the above’ and that it is floating voters abandoning Dave rather than people moving to Gordoom.

        • 228
          Alexsandr says:

          or it ls like before. people will not admit to voting tory to a pollster, but will in the polling booth, ‘cos voting tory is not fashionable.
          Remember when kinnock thought it was in the bag cos of the opinion polls?

          Opinion polls only report what people say they are thinking, not what they are really thinking….

          Also, they need to poll on a constituency by constituency basis. Just cause there has been an upswing in Barensley doesnt mean there is a labour victory.

          And what is happening in Wales and Scotland. If Labour loose many seats there that will change a lot wont it? But we never hear about that.

          Polls. waste of space IMHO

    • 44
      Mr Ned says:

      The polls are correct.

      The media are spinning it as a labour fightback, it is nothing of the sort. What is happening is that a load of people are waking up and realising that labour and the conservatives are fighting to implement the same global corporate elitist agenda. Both parties are selling out this country and both parties have the same basic plans and policies.

      The pollsters do not include people who are not certain to vote, so when tories are sickened to see Cameron re-running Blair’s 1997 campaign, they opt to not vote at all, and so drop out of the polling figures entirely and so labour and liberals are left with a bigger percentage of the whole.

      Labour’s support is not growing, but the tories are haemorrhaging support to the “None of the aboves.”

      The coming general election will be the first in which ONE group gets a complete majority of votes. There has never been a majority support in any election in our lifetimes. This time, “the none of the aboves” will get an outright total majority of votes.

      The sad part is, there are now enough non-voters to make a difference IF they decided to vote.

      • 78
        The Court of Public Opinion says:

        It will be Britains first anti-politics election.
        What a right honourable job our MP’s have done.

      • 125
        Road_Hog says:

        “The sad part is, there are now enough non-voters to make a difference IF they decided to vote.”

        Yes, but who for, certainly not NuLabour or BluLabour for the reasons you have stated. UKIP have gone down hill since Farage stepped down and the B&P will never get enough votes. And as for the Lib Dhimmis, well they’re trying to out do Labour in the sucking up to Islam, sisters & brothers…

        • 145
          Rigsby says:

          Should have just dropped his pants and screamed ‘please fuck me up the arse’

          White guilt, a terrible thing to behold.

          • Peter Grimes says:

            I thought that IS what he did!

          • Sisters indeed. I was asked by a Scottish Limp Dum to peel his neeps for him. Being young, stupid and frankly taken by surprise, I did. I’m only sorry I never got a chance to subsequently bash them for him, as it turned out that’s what the deceitful swine deserved.

            Poor Rinka.

        • 200
          The Bottle Fed Triplet says:

          What an apalling creep! Sisters and brothers? Sub text: “I am desperate for any votes so I will talk like a wassock to try and convince you to vote for ME!”

          Judging by the audience reaction, he didn’t grab their attention.

        • 230
          Alexsandr says:

          Hmmm. Not sure the Asians will block vote for labour. Suspect the well educated ones in good jobs may vote tory….

          • Susie says:

            Indeed… where I worked the accountancy dept was staffed entirely with Asians. They are the first to see the damage Labour’s doing to small business’ balance sheets.

      • 157

        I agree. It is all “cast-iron” Dave’s fault. All he has to do is make a few statements on some hot topics that real Conservatives care about, like the EU and immigration, and he could stop our slide in the polls. Instead, Steve Hilton tells him to announce Marxist policies about co-ops and workers overthrowing their bosses. Seriously, if two years ago someone gave me the current set of policies I would have said “Labour is pitching for their core left-wing vote, then?” and yet Dave expects us to vote for him with those policies. It’s madness.

      • 260
        Sting's Beard says:

        And this is what is truly astonishing. If you add up all the non voters who are anti EU and add them to the majority of conservatives who are anti EU plus Labours core working class vote which is anti EU a child of 5 could sumise that the way to win a stonking majority in the UK is to adopt a policy of withdrawall fro the EU. UKIP is now Britains true conservative party. It is so galling to see pratts like Cameron masquerading as conservatives. If he had a single patriotic bone in his body he would abandon all the shite he has been spouting the past 5 years and reclaim Britain for the British.

    • 66
      Megan says:

      I agree. I know it is only anecdotal, but ALL my family, friends & colleagues hate this government with a vengeance. Most of them live in the north of England and a couple of them are doctors, who are so dismayed at the bureaucracy & state of the NHS, that for the first time in their lives they are contemplating voting Tory – (they were previously card-carrying members of Labour who canvassed for them in previous elections). Similarly, my partner says few of his colleagues in the City dare even contemplate the idea of five more years of Brown et al.

      Is my circle of acquaintances completely unrepresentative of voters at large? If so, who are the people canvassed in these polls? If the polls are indeed accurate, I despair of this country & its electorate!

      • 175

        Friends in the City? Relatives who are doctors? You’re hardly average are you? Doctors earn ten times the national average, city people earn, well enormous amounts. You City people have to take your head out of your arses and stop saying “all of my rich friends hate Brown”. Here’s news for you: your rich friends have always hated Labour, they only voted for Bliar because they thought he was one of them. Remember, the majority of voters are not your rich friends, cast-iron Dave has to get the non-rich people to vote for him. He cannot buy them like Labour, so what can he do?

        Dave is slipping in the polls because he is failing to convince the majority that he will address the main issues, and those are what is he going to do about the 3 million extra Labour-voting immigrants that Labour imported, and what is he going to do about the cost and the sovereignty loss to the EU? The key to cutting the deficit is to get rid of the shackles of the EU, and yet Dave is incapable of saying anything about it.

        • 220
          Megan says:

          Don’t make assumptions! My partner & I both came from Northern working class backgrounds. We were the first generation in our families to go to university back in the days when there was still an opportunity for poor but bright working class kids to get a foot on the ladder via the grammar school system. Many of my friends & family would most definitely call themselves working class & have very similar views to me.

          I am not a ‘city type’ as you put it , & I would bet I have just as many , if not more working class friends & family than you, but I am maybe not as blinkered in my views. You are also incorrect in your assumptions about the political backgrounds of my F & F. Many of them were canvassing for ‘old labour’ in the days of Callaghan & my Glaswegian parents had views to the left of all Labour MPs in Parliament today.

        • 315
          Allan@Aberdeen says:

          Dave is incapable of saying anything about the EU because it is his job to ensure that the EU is not discussed. That’s why The Guardian and the BBC worked so hard to defeat Davis and get their man into the position of leader of the ‘opposition’. Note that if you can nobble the opposition, then there is no opposition. That’s why on immigration, the EU and the green agenda, the Establishment parties barely differ.

      • 226
        Kevin says:

        You should work in publishing/the media – even hint you might voe Tory and you’ll probably get lynched.

    • 89
      La' says:

      I can’t understand the polls either. I did wonder if there was an element of trying to force brown’s hand by producing a favourable poll so he rushes to the palace. Also it has the effect of bring out the ABL vote if they fear that labour are gaining ground

    • 141
      exiled&angry says:

      No. To put it simply the growing underclass of dependents on benefits etc. that this government has assiduously cultivated and encouraged over the last 13 years is now coming to their rescue. Turkeys aren’t going to vote for Christmas even if Santa is pisspoor Cameron and Boy George as his little helper.

      • 235
        stilyagi_air_corps says:

        Sometimes even the dog you feed will bite the hand… Especially when you openly lavish more attention on a newer one.

    • 194
      Max says:

      The polls generally reflect a reducing Tory lead and are likely correct. In part the Tories have shot themselves in the foot but in larger part the great unwashed are having a wobble and the MSM is driving the Liebore “fightback”. Online the Tories may have it and in private the Tories may have it but out there a degree of bed-wetting is setting in. People are scared of change but once they have re-located their spines it will change again. I have tried to cover some of this in more detail on my own blog.

      • 229
        JT Snappernapper says:

        The polls have more fudge factors in them than a sweet shop. It used to be that the error was +/- 3%, but what with the rise of postmodern gonzo science that involves statistics, there is no distinction any more between statistical methods and data washing. Psephology like climatology, epidemiology, etc are all ‘post-normal’ i.e. fucked.

        • 290
          Al Megrahi,s Doctor says:

          Maybe the polls are being manipulated in such a way so that when labour fiddle with the ballot boxes, it wont be so hard to belive they won another term. They play us all the time & it’s like, “well, prove it suckers!!!”

  5. 6
    Martin Day says:

    Cameron’s at it again,talking Britain and the £ down again.

    — While the eyes of the world focus on Greece’s debt crisis, David Cameron’s Conservatives are busy preparing for the U.K. to be next.

    David Cameron Conservatives, which panders to the rich, expects the pound to lose between 20 percent and 30 percent against the dollar once investors turn their sights on Britain as the government sells a record amount of debt. Concern that Greece won’t be able to cut its budget deficit helped send the euro 5 percent lower against the dollar this year

    The message is very clear…….VOTE LABOUR IT’S YOUR PATRIOTIC DUTY

    • 17
    • 18
      Gordon Brezhnev says:

      We don’t do patriotism, Fartin.

    • 22
      concrete pump says:

      Anyone who still votes for Labour obviously really fucking hates this country.

    • 26
      Moley says:

      The pound is sinking because of the prospect of a Labour Government led by an economic imbecile. Traders are primarily watching the polls, not listening to speeches.

      How will voting Labour help matters?

      How will burying our heads in the sand and not speaking about self evident facts help matters?

      Your post is incoherent.

    • 29
      Jon Tomes says:

      The pound is low because of Brown’s suicide economics. No investor, internally or externally wants more rubbish from the vanishing intellect of our current PM – hence the fall in the pound when it looks like this may be possible. Cameron isn’t in power, Brown is. Stop listening to childish labour taglines and open your eyes.

      http://jontomes.typepad.com/blog/2010/02/when-the-wind-blowwith-the-cold-of-communist-siberia.html

    • 38
      sockpuppet #4 says:

      Where do you get this stuff?

      And by the way:
      “David Cameron … expects the pound to lose between 20 percent and 30 percent against the dollar once investors turn their sights on Britain as the government sells a record amount of debt.”

      Are you trying to shoot the messanger there?

    • 48
      Sir Everard Digby. says:

      Quiet day in the rapid rebuttal unit is it? No nokia evasion training today then?

      To help you understand,Cameron has no influence currently over the value of the pound. Whatever tailspin our currency is in has been caused by the actions of Ditherer in Chief and his cohorts. I think we are well past the stage where blaming the conservatives is a valid or useful strategy and frankly it’s an insane one in the present economic scenario.

      If the message is,indeed,so clear why is Peter Hain begging for tactical voters to keep out the Tories?

      I can only assume you have been concussed by a demanding management style.

    • 264
      Thats News says:

      Martin Day = twonk.

      Talking Britain down? That tired old tripe, huh?

  6. 7
    Jaffa Cakes says:

    Looks like the Tory lead was helping Labour by keeping the markets steady, now that looks in doubt the thought of another five years of McBust has them well and truely spooked.

    • 258
      udderly 'orrible says:

      Difficult to comprehend why anyone still supports a PM that’s made them 5% poorer (H/T BOM).

      “Here’s the complete Prime Ministerial record up to end-2009 (per capita GDP at basic prices; ONS data and BOM calcs):

      Churchill (1953-55) +7%
      Eden (1955-57) +2%
      Macmillan (1957-63) +15%
      Douglas-Home (1963-64) +4%
      Wilson (1964-1970 and 1974-1976) +15%
      Heath (1970-74) +12%
      Callaghan (1976-1979) +7%
      Thatcher (1979-1990) +26%
      Major (1990-97) +13%
      Blair (1997-2007) +27% (yes, on this measure, he beat Thatcher)
      Brown (2007-2009) -5%”

      • 304
        Golden Days says:

        Yes, but your Blair “boom “was a bubble based on debt. The country wasn’t actually propering; real wealth wasn’t being created; we were simply borrowing, re-mortgaging, credit-carding, and spending it on cars, exotic holidays and huge tellies. Brown was spending his huge tax receipts on… well, to precious little effect.

      • 317
        Allan@Aberdeen says:

        When did debt become wealth? Today at 12.03pm.

        Would it not be better to subtract all consumer debt, external trading deficits and public sector deficits from the ‘wealth’ and work out how much richer/poorer we really became under Blair/Brown?

    • 311
      Susie says:

      Indeed. The only other place this BOE policy has been applied was in Weimar Germany in the 1920s… here’s what the markets say:

      “The (Sunday Times) opinion poll has given us the prospect of maintaining this Government for another few years,” said Hans-Guenter Redeker, head currency strategist at (modded). “The markets have reacted and are giving a vote of no confidence in Gordon Brown.”

      • 313
        Susie says:

        Indeed. The only other time this BOE policy has been applied was in Weimar Germany in the 1920s…

        • 329
          Broon is Hitler!!! are you all blind!!!! says:

          he’s Hitler with his funny moustache and his goosesteping about the place
          It was when Broon invaded of Poland plunging the earth into a World War and set up all those concentration camps that finally gave him away

          I’m not a hysterical twat who parrots simple minded idot slogans and neocon buzzwords because of my complete absence of intellect by the way

  7. 9
    Adrien says:

    This isn’t quite as catastrophic as Guido suggests. In Canada, no political party has won a majority since 2005, yet successive Tory “minority” governments have governed pragmatically, building consensus with the opposition on an issue-by-issue basis, and Canada’s currency and economy have remained buoyant throughout.

    • 27
      jgm2 says:

      Eeeerm. Isn’t that rather the problem though? We haven’t had an adult government in power since 1997 let alone 2005. Hence we are fucked and Canada is not.

      Putting adults in control now is laudable but it isn’t going to fix things overnight. We have had a thirteen year run of idiocy that will studied two hundred years hence by PPE students as an example i) of how to assume total control and ii) how to thoroughly fuck things up.

    • 28
      Rigsby says:

      What do you think are the chances of reaching consensus with Gordon Brown?

      • 39
        Jellyfish says:

        no need
        he’ll be booted out in the event of a hung Parliament

      • 41
        Peter Grimes says:

        Correct – McDoom is a psychopath incapable of rational thought.

      • 56
        sockpuppet #4 says:

        I thought half the problem of Brown-Labour was that he didn’t reach consensus with his own mates (people who should be his own mates).

        He might not have cocked things up as much if he he’d been listening to colleages.

    • 33
      sockpuppet #4 says:

      Oil. Wood. hydropower. Aluminium.

      Those help canada’s currency and economy.

      • 67
        jgm2 says:

        Too bad all we have cornered is the world’s biggest deposits of idiocy. If only there was a market in idiocy outside of The Mirror and Northern Britain we’d be fucking rich.

        If we could just figure out how to sell idiocy. Tony Blair managed it I suppose.

        • 204
          Max says:

          Lots of ways:

          1. Heath & Safety Consultants
          2. Minority Community Outreach Workers
          3. Inclusion Officers
          4. Rap “musicians”
          5. Box Ticking Regulators

          Etc

          Only problem is it’s only government idiots that would employ these idiots.

    • 142
      Infanta of Castile says:

      I suspect that the prospect of Brown being returned is as worrying to anyone who combines Labour ideology with reasonable intelligence (OK an oxymoron perhaps but there are some) as it is to Team Cameron. If he does get back, he will be unable to rail-road through his policies – there will be more opposition voices and his own lot will be clinging to much reduced majorities so will be more desperate to keep in with constituents than with the whips. Meanwhile, even the core Labour vote and the non-voters will wake up to the fact that the country has been buggered by Labour beyond redemption as 2010 merges into 2011 and there is no money to pay nurses, teachers etc let alone meet crap cancer guarantees and shell out money into child trust funds. If Brown is still there, it will be clear that this cannot be attributed to the tories and his serial lying will be well and truly exposed. The electorate will then probably lurch completely away from Labour to the massive benefit of nationalist parties and civil unrest will become commonplace.

      • 259
        udderly 'orrible says:

        Exactly let him win and drink the poison he’s poured into the wells.
        The IMF will crucify him and a fresh election inside of 6 months will see Liebour buried for ever.

      • 307
        Golden Days says:

        I don’t what sort of catastrophe you envisage that will wake up the core Labour voter to the incompetence of Brown and co. We’re clearly facing rapid decline now, and they STILL support him in droves.
        The thing is, if you live on inflation-proof benefits, not relying on savings which inflation is nibbling away and which are bringing in no income, you are not going to be concerned at what happens to the economy. You’re probably only scared that the wicked, nasty Tories will come and take it all away.

    • 280
      Desert rat says:

      Canada does not have armies of benefit claimants and Chumocrats.

      It had its clear out of useless Government years ago.

      We are in a much more malign position, requiring a stong sensible government,.

      Not much sense from the LibDems, and total bollocks from NuLav.

      I am not a Cameron fan, but if we don’t give him a chance, we won’t get another one.

      The (Lib/Lab) coalition will bollocks the economy enough to engineer entry into the Euro, game shot for the totalitarians

    • 306
      Craigoh says:

      Canadians are, by-and-large, up-standing, sensible, polite, decent, level-headed, honest, resourceful, practical people.

      Whereas the British…

  8. 11
    • 30
      Rigsby says:

      I would happily sniff her seat

      • 210
        Max says:

        I know but that is not the point of an election. The B’n'P is active in that part of Notts and will scrap hard for it.

    • 318
      Allan@Aberdeen says:

      Gloria has a “First Class degree”, but in what subject? They’re not all the same, regardless of what multi-cultists may say.

  9. 12
    QWERTY says:

    The BBC have just said that “today is a glorious day for our great leader”

    • 16
      Koba says:

      Link, Please!

      • 23
        Martin Day says:

        Gordon Brown will deliver a powerful speech on Law & Order which will overshadow Cameron’s speech of yesterday.

        GO ON GORDON,CAN YOU DO IT ?

        YES YOU CAN AND YOU WILL DO IT

        • 31
          Moley says:

          We have seen after thirteen years of Labour that “powerful speeches” is all we can expect; packed with lies, distortions and meaningless promises which Brown has no intention of honouring, and has no ability to honour.

          Labour has no mechanism to deliver what it promises and never did.

          • Martin Day says:

            Another Shadow Minister can’t get his facts right !!

            Shadow home secretary Chris Grayling was rebuked last month by the UK Statistics Authority for using crime figures “in a way that seems likely to mislead the public”.

            Another desperate act by the worst Opposition Party this country has had for many years

          • stilyagi_air_corps says:

            Anyone know anyone who’s had their loft done yet? Only asking, Martin…

        • 57
          michael says:

          is martin day the new dolly draper ?, Michael.

        • 61
          Maladroit Labour Chump says:

          Can he fix it ???

          That’s Bob the Builder, not Brown the Bullyboy.

        • 286
          Up sh1t creek says:

          When you say powerful speech, was it mean to say that Gordon Brown confirms that the million innocent people on the DNA database will not be removed, because HE claimed the DNA database is “The right thing to do.”

          Then Gordon went on to give an example of how useful the DNA database isn’t…. on close listening to his ramblings, the DNA database had NO role in the accused persons capture / eventual arrest.

      • 60
        0006.5 says:

        LoL
        pwnd

        • 134
          Eric Cantona says:

          Martin Day says

          rebuked last month by the UK Statistics Authority for using crime figures “in a way that seems likely to mislead the public”.

          And of course, Zanu New Liebour NEVER ever mislead the public do they?

          I can guarantee that Brown’s “speech” this morning will be full of lies, half-truths and misinformation in his usual pathetic attempt to mislead the public, which is exactly what you are trying to do, but failing pathetically.

          It is too late sunshine, you’ve been sussed. The worst PM in history and the most incompetent government there’s ever been.

          Just crawl back under your stone before somebody from the bunker slings a printer at you. Hopefully, it will hit target and knock some sense into you.

          • Peter Grimes says:

            McDoom will be giving a major speech shortly on how tough ZaNuLieBor have been on immigration this last 13 long, hard years!

  10. 13

    Guido, your “gold and baked beans” warning is coming true.

    I shoved a chunk of my £ into bullion around that time. I am so glad I did.

  11. 14
    Sarah Tweet says:

    mostly family day – being inventive as it was raining, raining, raining

    http://twitter.com/SarahBrown10/status/9794373463

  12. 15
    Anonymous says:

    Sadly Dave’s performance yesterday had more to do with getting into RADA than Downing Street.

    • 42
      the unquiet Ghost of Ian Duncan Smith says:

      the quiet man is here to stay and he’s turning up the volume!

  13. 19
    Anonymous says:

    Hung parliament is fine by me. However will there be enough rope to make 650 nooses?

  14. 21

    You think a Hung Parliament will cause problems? What about a Labour win? Look for a run on the pound and absolute disaster then.

    Fingers crossed that the polls are wrong.

  15. 25
    Eileen Critchley says:

    Try as hard as you might, you can’t make people like out of touch PR toffs.

    • 46
      Anonymous says:

      When Cam said “I Love the NHS” I felt physically sick. Having lost both parents to NHS Hospital acquired infections I see very little to love about the NHS.

      • 72
        Mr Ned says:

        To be fair, you cannot blame Cameron for that. Blame labour’s disastrous and criminally negligent running of the NHS.

        We should not get rid of the NHS, we should have people in power that run it properly and efficiently.

        Labour have NEVER done efficiency, they do not know the meaning of the word.

        • 136
          Eric Blair says:

          Nothing is efficient in Oceana except the Thought Police.

          • English Viking says:

            This is Airstrip One, not Oceania, although we have always been at war with Oceania, or not, as the case may be.

        • 184

          How can Dave do efficiency when he plans to spend more on the NHS, not only that he has ring fenced that increase. Even Labour is planning a £10 billion cut, Dave just wants to spend more, more, more.

          • Golden Days says:

            He HAS to say it. No politician is even allowed to think that the NHS is not the most sacred of cows. Even more sacred than that other envied beacon of excellence, our state education system. ALL polticians have, by law, to repeat “spending on ealthneducayshun will be protected”.
            Serious debate is not allowed.
            This isn’t, for once, Labour dumbing down or repression. It’s a feebleness that runs throughout the whole British psyche.

        • 199
          Throbber says:

          We should get rid of the NHS.

    • 59
      Sarah Twatter says:

      I resent that.

    • 64
      Mr Ned says:

      That is why labour are not getting any more voters. They have just as many rich toffs as the tories. Several of them have become rich by stealing it directly from the tax payer too build their property portfolios

    • 127
      Dorian Smith says:

      Come on Eileen (that’s not an instruction BTW)

    • 224
      Moley says:

      A future fair for all?

      Except the “enemies of the people”, they don’t count and labour can arrest them, smear them, and kill them with impunity.

      Ther question for the individual voter is “Are you one of Labour’s all?”

      “Are you one of “them”?

  16. 35
    anyone but Balls says:

    What the Tories should do is to force Brown to say who is chancellor will be if Labour win the election. We mostly ALL think that Osborne is crap but the prospect of Balls is infinitely worse.

    • 214
      Max says:

      If the Tories get in they should seriously consider getting Gorgon McDoom back in as Chancellor, then we could all have a laugh as he tries to repeat his 1997 to 2007 miracle years. Only this time under some sort of scrutiny.

    • 227
      Moley says:

      What the Tories should do is force Brown to say who would be PM if Labour won the election.

      There might be disagreements between him and the rest of the Labour Party on that subject.

  17. 40
    Sarah Tweet says:

    did nip out with GB to the Tesco Mum of the Year awards to present overall winner Jane Gates with her award – loved being a judge for this.

    http://twitter.com/SarahBrown10/status/9794424073

    • 55
      Maladroit Labour Chump says:

      These are not ‘tweets’. They’re twaddle.

    • 75
      jgm2 says:

      Me me me me me me me me me me me. Vote Labour.

      • 99
        Eva Brown says:

        Twitter “did nip out with AH to the Lebensborn Mum of the Year awards to present overall winner Hilda Kohl with her award – loved being a judge for this”

    • 101
      purpleline says:

      Is Gordon’s eyesight still ok i do worry about him, we need him fit for the hanging and to see you and the kids dangling from the lamp post before we string him up.

  18. 45
    Wing Commander says:

    A great start to the week, year, decade, life time etc can we have a election now, a new broom sweeps clean!

    • 102
      Dick Tator says:

      God, for a moment there I thought you said “a new broon”.
      Breakfast almost made a reappearance.

  19. 47
    Peter Grimes says:

    We will find we don’t have the wherewithal to pay dole anymore shortly, not without forced labour anyway.

  20. 49
    thick as thieves says:

    As the heat turns on the Conservatives, they are starting to fight among themselves. There are two factions, the metropolitan trendies, led by Steve Hilton; and the bash-Brown traditionalists, led by Andy Coulson. On the economy, they are hamstrung by fear of talking in detail about cuts they know must come.

    • 53
      Scribblegate 2.0 says:

      After last week the Coulson faction is on the back foot

    • 107
      Martin Day says:

      Piss off TAT, I’ve got the butt plug for this morning. You can take over this afternoon when I’ve typed so many lies I’ve ground my figernails down so they look like Gordon’s

      • 116
        Osborne's Anal Beads says:

        Dave didn’t give me my usual morning peck on the cheek today
        I think he’s feeling blue about the polls

      • 279
        Susie says:

        He bites his nails so he doesn’t hurt his boyfriend. Very thoughtful of him.

    • 323
      Golden Days says:

      Something Nulab don’t seem worried about. Why have the Oppositon to explain their cuts in detail, while the Government say nothing except they won’t really cut until 2011 or 12..or..sometime?

  21. 50
    John Bull says:

    Does anybody know who is being parachuted into Jeff Ennis’s safe seat (Barnsley East and Mexborough)?

  22. 51
    one rule for them says:

    you have Banker dossers and Politician tossers living off benefits already

  23. 52
    sockpuppet #4 says:

    PS: all sorts of people last week were on about interesting announcements on Sunday.

    Presumably any such interesting news disappeared with tsunamis and a deadly storm.

    • 65

      Expect an announcement from der Bunker this morning, especially after Cameron’s poor performance yesterday, plenty of bad news around to confuse the poor punters.

    • 81
      jgm2 says:

      Told you. Just politikking from Brown. The election will be on the last possible day (3rd June) if at all.

  24. 68
    what the flying fook is Dave upto? says:

    Why is Dave going to increase benefits and provide homes for out of work Chavs who get their girlfriends pregnant?

  25. 73
    Anonymous says:

    I think you have your units wrong.

    90 cents to the pound would mean that the euro is more valuable than the pound; and that we would already have passed parity.

    You mean, 90 pence per euro.

    • 92
      sockpuppet #4 says:

      correct.

      of note: I remember being on a ferry at new years- I forget whether it was 14 months ago or the year before. The rates were so close to 1:1 that you couldn’t guess which way round they meant.

    • 135
      take your stinking facts elsewhere! says:

      be quiet
      we don’t care about facts here
      you haven’t got the hang of this place have you?

  26. 74
    Rigsby says:

    I pray the ringfenced foreign aid promised by Dave is secure!

    Hopefully India will not be too pissed off when they realise their millions of pounds will only be enough to secure a flat bottom canal barge and 10 .22 air rifles rather than a nuclear powered aircraft carrier.

  27. 79
    purpleline says:

    More dpwnward pressure fpr sterling as Prudential will sell sterling £10bn to buy AIG Asian insurance. This is a great hedge play by the Pru against sterling going to par with the dollar and Asia being the centre of its universe as Brown further destroys the UK.

    If you manipulate the boundaries, pay people to vote, allow immigrants to become citizens of the UK, RECENT MASSIVE SERGE IN PASSPORT APPROVALS. Then you get a dictatorship by the back door.

    Gentleman I fear we will have to take to the streets to fight Browns army of scroungers illegals, illegal police and take our parliament back.

    HSBC paid another 250m to Browns extortion gang, when will a commentator ask the sane question of how much the banks and bankers have paid to the UK Treasury? I suspect we are now close to £45bn in charges, insurance of products. including Lloyd’s 2bn (40bn losses) to escape the insurance programme.

  28. 84
    Anonymous says:

    There is (or was, if it hasn’t been deleted) a clip on YouTube of Brown shoving a delegate out of the way during a conference somewhere (Davos? G20???). It was referenced on here last year I’m sure. But I can’t find it now. I’m amazed it’s not been brought up at this time. Anyone got a link?

  29. 87
    Iestyn Rhys says:

    Still nothing in the weekend papers about Darren Millar and his antics with 2 ladies of the oppostion.
    Is the Welsh assemble that inconsequential that nobody cares??
    If Darren were in Westminster it would have been all over the papers by know.
    Spill spill

    • 94
      jgm2 says:

      Is the Welsh assemble that inconsequential that nobody cares??

      Yes. It is that inconsequential. I certainly don’t give a shit what they get up to in their socialist hell-holes gabbling to each other in gaelic.

      • 128
        Mr 2 point lead says:

        just like Dave then
        he’s as inconsequentail as a wet fart
        and the British public dont’ give a shit what he says either

      • 143
        Unsworth says:

        Or gabbling to each other in garlic. Welsh Assembly? Yes, well they just love to talk, a bit of a chat, don’t they?

  30. 88
    Brighton Rock says:

    Dave blew his big day.

    The change he talks about is paying unmarried parents to live together.

    Welcoming yet more immigrants.

    Creating yet more useless “Green jobs”

    No more grammar shools

    Even closer links to Europe.

    He really should go and join the Lib Dems. Home is where the heart is.

    • 103
      nell says:

      I particularly liked what he said :-

      “We will cut immigration

      If you can work and you are offered work but you choose not to work then you will no longer be able to claim benefits.

      We will cut the bureaucracy in Whitehall by a third.

      We will freeze mp’s pay and reduce the number of mp’s in the commons”

      There was much more but those points are quite important.

  31. 93
    cruncher says:

    Gold never goes down

    Like my wife!

  32. 95
    Overheard conversation at the Black Bull somewhere up north says:

    It’s right cold jim

    Aye it ain’t half tommy

    At least we’ll get the £400 winter fuel allowance

    Aye wouldn’t get that under the tories jim

    Use to be tory once but not any more, do you know tommy you can spend the winter fuel allowance on any fucking thing.

    I’ll have a double brandy jim

    Aye that’ll warm you up tommy

  33. 96
    Brown's Buggered Britain says:

    ‘Dave’ needs to stop trying to be warm and fluffy and start telling it at it is!

  34. 104
    i like gold says:

    absolute bollocks about the pound, the polls are being manipulated by the finacial speculators.

    • 113
      purpleline says:

      You are right manipulated polls. The times made a change from first edition to second edition from 4% gap to the 2% gap. Maybe the Sunday times wanted to get Brown to call it.

      This was spotted by the little guy who used to run ALJABEEBA with Roland Rat on the Andrew Marr show yesterday.

    • 119
      purpleline says:

      You are right manipulated polls. The Sunday times made a change from first edition to second edition from 4% gap to the 2% gap. Maybe the Sunday times wanted to get Brown to call it.

      This was spotted by the little guy who used to run ALJABEEBA with Roland Rat on the Andrew Marr show yesterday.

      O/T Does Marr still have the super injunction on his dalliance and love child?

      Is the guy in charge of Yougov the husband of that ugly women who is now EU foriegn minister? If so he should have to resign his position as he manipulates it in fav of Lab

  35. 108
    Dave used to have a 26, yes a 26!! point lead and managed to piss it all away says:

    Labour’s Poll Rating ‘At New Low’

    An opinion poll in a national newspaper puts the Conservatives 26% ahead of Labour – with the Government’s rating said to be the lowest since records began in 1930.

    The YouGov poll in the Sunputs the Tories on 49% with Labour trailing on 23% and the Lib Dems at 17%.

    The Sun says the only time in history the Conservatives notched up a bigger runaway lead was in 1968

    …Thats right and who was it who gave Dave this massive lead ?
    YouGov!
    who now have Dave 2 points ahead

    • 121
      Glorious Socialistic Celtic Administration of EU Tax Area 'Britain' says:

      The people have spoken and you will also fall into line if you know what’s good for you

  36. 110
    Martin's Gay says:

    Check out this site. It gives details of how Unite have donated £10million pounds in 3 years to Labour and £330,000 in December 09 alone.
    It gives and idea of how much of other peoples money it cost to get Jack Dromey a safe Labour seat.
    Wonder whether those Unite members who have lost or will loose their jobs are pleased for him.
    Nepotism , corruption and cash for seats ? At the heart of government? Surely not.

    http://registers.electoralcommission.org.uk/regulatory-issues/regdpoliticalparties.cfm?ec=%7Bts%20%272010%2D03%2D01%2008%3A43%3A33%27%7D

  37. 112
    The English account for 80% of the UK population..... says:

    ……have no fuking parliament, ruled by the Scottish raj and have no fuking say.

    • 115
      Rigsby says:

      Get all the immigrants too, aim no.1 of this govt is the total destruction of the English as a people.

    • 249
      Anonymous says:

      I fear our ultimate destiny is to wander the earth without any home for thousands of years, like the jews did.

  38. 117
    Glorious Socialistic Celtic Administration of EU Tax Area 'Britain' says:

    I opes Fawkes aint gonna just gloss over his blase predictions of an easy Tory win for the past year, come the glorious mornin when Glorious-Labour assume the helm again.
    His explanations of the Levy situation were simply not up to scratch, so cum on Fawkes, will you hold your hands up to say ‘yes readers I was wrong’, come May7th?

    Two major calls wrong, perhaps you’d be better stickin wiv your tales of nitwits overspending on paper clips than the big stuff.

  39. 119
    Sir William Waad says:

    A country with a coalition government: Germany.

    A country whose government has a clear absolute majority: Greece

    The idea that coalition governments are useless is only a superstition. It is unsupported by evidence. The USA has spent long periods of its history with, effectively a coalition government, the President and Congress belonging to different parties. The Dutch, Belgians and Italians have in the recent past all outperformed us with ‘weak’ coalition governments. We won the Second World War with a coalition government.

    It’s the quality of the leaders and MPs that matter, not the headcount in Parliament.

    • 124
      jgm2 says:

      It’s the quality of the leaders and MPs that matter,

      We’re fucked.

    • 126
      Brown's Buggered Britain says:

      If you look at the good-old ‘LibLab’ pact of the 70′s you don’t see anything to give you confidence.

      • 132
        jgm2 says:

        As long as it is a Lib-Lab pact. If this does turn into a hung parliament (and I’ll be astonished if it does) then Cameron should have nothing to do with a coalition. Let the Lib-Lab jackasses take the rap for the Labour idiocy. Any coalition will fall apart within days at it becomes apparent that the PR referendum posited by the Maximum Imbecile was indeed just a con to get numpty Liberal voters to vote tactically.

        Just like in 1997.

        • 152
          Jart says:

          It will be a minority Conservative administration.

          Labour won’t give the Lib Dems proportional representation and neither will the Tories so they will sit back and torpedo any legislation.

          Brown can’t win and never could the Conservatives will still be the biggest Party in a hung Parliament.

          Course it could all lead to another Election a few months down the line.
          Like 1974 did.

        • 176

          AV isn’t PR. Keep repeating that.

          If those cocksucker libdems prop up Gordon on the back of a promise of a referrendum that *isn’t* on PR, then they’re even worse than I thought.

          They’ll call it “voting reform” – rather than PR. It’ll be like global warming rebranded as “climate change”.

          You just watch the libdems rush to support broon…

          I watched Dave’s speech again this morning. There is no way I’m voting for that man. *That* is not conservatism. I am not voting for the lesser of two evils.

          Keerist…. another five years of Brown. oh god…

          • Jart says:

            Hence the words “Labour won’t give the Lib Dems proportional representation and neither will the Tories”

            The Lib Dems won’t be happy with anything less than PR so they will sit back torpedo legislation and wait for one of the Parties to crumble or another Election.

          • No they won’t. They’ll take Labour’s offer of a bigger share of the public tit, betray their own claimed principles by suggesting AV is a “step int he right direction”, and support these vermin in office for as long as the gravy train holds out.

          • Desert rat says:

            I think if you abstain you are looking at another 20 years of Brown and shoping with Euros within 4 years.

            We will have electronic voting at the next election with the help desk located in 10 Downing Street. The next 4 election results are already on CD.

            Mind you I am quite looking forward to all those North Korean style military parades to honour our dear leader for life.

      • 138
        sockpuppet #4 says:

        There was nothing in the 70s that give you confidence. Other than Noddy Holder.

        We’ve still not got through the stockpile of candles from 1973 you know.

        And thanks to Mr. Waad. I wouldn’t dare say such a thing in case anyone thought I was a former member of the SDP.

        • 155
          Sir William Waad says:

          A coalition government would be better able to limit government expenditure. At present neither Dave nor Gord wants to mention the c-word, ‘cuts’, so we are paralysed economically. A coaltion would be less inhibited.

          Also, with coalition governments, there is more democracy; voters can influence Government policy by nudging one party up in the polls and another one down. You can’t do that when you have a choice of A or B.

          • Jart says:

            The choice is more like A or a and not a choice at all.

          • Bollocks.

            As soon as any Tory coalition government brings in a budget with any cuts in it the LibDims coalition partner will vote against it, hence a no confidence vote hence another election. Hopefully Dave will be dropped before election 2010 v2 and we will get a real Conservative leader. I am putting money on Daniel Hannan being the Tory party leader by the end of this year.

  40. 122
    Rigsby says:

    “Cameron recruits leading Obama advisers to rejuvenate final weeks of campaign

    Team Cameron has hired key advisers to the Obama campaign to advise on preparations for the vital TV debates”

    Black up? Moonwalk onto the stage backwards?

    • 130
      Mississippi Burning says:

      Baseball, the only time a black can wave a stick at a white man without starting a riot.

    • 154
      QWERTY says:

      What so Cameron wants to look like a complete halfwit just like Barry O? Obama is so useless he makes McBust look like a genius.

  41. 137
    Que? says:

    From the FT article Guido liniked:

    “Alone among advanced countries, British government debt has extremely long maturity. Because Germany has to refinance €1 out of roughly every €6 of debt each year, while Britain has to refinance only £1 out of every £14, general rises in interest rates will raise the servicing cost of British debt more slowly than for other countries. Its debt-servicing burden as a proportion of tax revenues is also lower than other worse-rated European countries’ and the scale of Britain’s debt is not out of line with other triple A-rated economies. ”

    If the markets are going down, it is more due to “Arthur Daley” Cameron and “Del Boy” George talking the economy down.

    • 183
      Engineer says:

      Absolutely nothing to do with a National Debt that’s tripled in thirteen years, A deficit of about £178 billion this year, about the same next year, etc, then?

    • 225
      Max says:

      Add in the phrase “used to have” as necessary.

    • 239
      Moley says:

      Think again about long maturities, low coupon, (interest rate) and inflation at 3.5% and rising.

      There is no way on earth that investors will buy British debt with 25 year maturities and low interest rates. Compounded inflation will wipe the investment out.

    • 248

      The key phrase there is ‘general rises in interest rates’. The debt is not funded by general borrowing – it is based on the sale of government gilts, the yields on which do not depend on ‘general interest rates’, but on market confidence in public finances.

      In short, the FT columnist is talking crap, and you are either a fool or a disingenuous shill for claiming that the debt financing of the UK is in anything other than appalling shape.

    • 272
      Desert rat says:

      I’ve been away; are the Conservatives in power now?

      Soft twat

  42. 139
    American Express Platinum Card Member says:

    Gordon boom and bust leads by example.

    The UK has more debt on Credit Cards than the rest of europe put together.

    • 173
      Peter Grimes says:

      In 1997 we had as much in private pension funds as the rest of Europe put together!

  43. 149
    Martin's Gay says:

    Peter (I am snide and orange) Hain’s interview on yesterday’s Marr show was a total disgrace. ‘Keep me in power by not voting conservative’.

    F*ck the country, f*ck the voters, just keep me in power.

  44. 153
    goto100 says:

    Arschcroft now says he is a non-dom. That means many, many porkies have been told the last few years and he’s broken explicit promises. He chooses to reveal it now.

    Is Arschcroft a secret NuLab mole?

    My preference would be a hanged Parliament btw.

  45. 156
    Anonymous says:

    Didn’t Kenneth Williams play The Karsi in Carry on up the Khyber? Bring the troops home from that shxx hole Afghanistan.

  46. 158
    American Express available by invitation only Centurion Card Member says:

    Tried to buy a pint and half with my Amex titanium Centurion Card (informally known as the Amex Black Card – £1800 annual fee) which includes a minimum card activity of $250,000 in a 12 month period.

    The guy behind the bar said, you got no cash.

    Don’t carry cash in case I get mugged

    Smart guy said the barman then fucked off with my card

  47. 159
    nathan says:

    Remember, this is Labour’s credo

    Truth is the opinion of the majority and changes daily.

    A promise is infinitely malleable.

    Knowledge, intelligence and originality are diversions from the truth.

    Election results are decided by leaders, not electorates.

    Everything can be bought, including loyalty and faith.

    A pledge is for Elections, not for a full term.

    Love of democracy is the enemy of efficiency.

    Select the desired outcome and adjust your principles to achieve it.

    Election cheating is no gamble; winners write history.

    The wages of sin are bounteous and sometimes paid in ermine.

    The loyalty that is most admirable is loyalty to superiors.

    Between error and truth, lies the third way.

  48. 163
    christy says:

    McMental on tv now talking about crime,all I can say is pass me the sick bucket,usual tractor stats bullshit.

  49. 171
    The Sleeper says:

    Brown telling the good people of Reading..who dare not go into their Town centre after dark..that crime is down 30%.

    Fucking bollocks,Brown.

    The crime is still there,arsehole..it’s just that people are so disenchanted by the Police force..who couldn’t give a shit unless you’re dead…that crime is no longer reported.

    How many times do you hear of car theft;burglary;muggings etc that are never reported because everyone knows the police will do nothing?

    Quote..”The large police presence in this great City of Reading”..it’s a fucking Town you prick not a City..and the copppers are nowhere to be seen most of the time.

    Go away and die.

    • 187

      Go away and die.

      No, I’d prefer it if he did it right here, where we can be sure it’s done right.

    • 205
      Criminal Labour says:

      Historically socialists have been very sympathetic to criminals, seeing them as both useful idiot victims to ferment civil unrest, and as recruitment fodder for their gangs of street/union thugs.

      So you can take any Labour promise to suddenly clamp down on crime two months before an election with a large bucket of salt. Isn’t there even a Labour backed campaign to give convicts inside the right to vote?

      Next Brown will be telling us he’s going to come down like a ton of bricks on illegal immigration!

      • 285
        The class enemy is the only criminal says:

        The Stasi regularly held amnesties for common criminals to empty their jails. The thought criminals were, for obvious reasons, not included in these arrangements.

        There is a very strange, almost symbiotic, relationship between common criminals and the socialists.

        In ‘capitalism’ they are victims…forced into crime by exploitative structures. Under a socialist regime they joined the ranks of the informers and ran the ‘ black markets which were, of course ‘non-existant’ but necessary to provide a trickle of economic activity in an otherwise stifled economy.

  50. 177
    ThousandsOfMilesAway says:

    It’s winning the ugliest sister contest at the moment, alright, but there is well defined resistance not far overhead

    http://screencast.com/t/ZDI1M2Y0M

  51. 181
    Rigsby says:

    Yasmin Alibi Brown, one of the most annoying hoons on tv just got owned by Terry Christian, on Kyle alternative the Wrght Stuff.

    Discussing GCSEs dumbing down Brown defended her daughters hard work and success T.Christian chirped up ‘but she does not go to a state school does she?’

    Brown very shamefaced, any prospective QT guests reading write that one down.

    Always the same, do as I say not as I do..

    • 185
      Lies, Damned lies & Labour statistics says:

      We only send our children to Independent Schools, Grammar Schools or the Oratory.
      We also use tutors from the Independent sector – ask Tony B£iar !!!!!

    • 196
      Irony! says:

      the words ‘dumbing down’ and watching the ‘Wright stuff’ in the same post

      great stuff

      • 198
        Rigsby says:

        Sorry am having a bacon butty too, should I be reading Chaucer?

        • 201
          Thats News says:

          In the latest ‘if the bear is a Catholic, what DOES the Pope do in the woods?’ moment, there are some shocking revelations about Gordon Brown…

          It’s confirmed Brown IS a liar. Plus his cuts HAVE harmed armed forces morale! And do YOU know ANYONE who will vote Labour? Anyone?

          Some clown in the Grauniad said: “I’ll hold my nose and vote Labour.” Even Guardian lefty types know that Labour stinks. But they are still willing to vote for it? Are they too ashamed to admit to their friends that they will vote for a useless, delusional bully boy?

          • Desert rat says:

            Its simple, they are and always have been traitors. No enemy, no matter how bad is supported ahead of the British people.

            Mind, the polls are a load of bollocks, too much manipulation and too many punters playing games or hanging back to see if Cameron has the bottle to start ripping into the enemy and targeting some of the popular cuts; getting rid of the bloated Labour chumocracy (Quangocracy), i.e. shooting rats in a barrel.
            No impact on important public services, but lots of fun for the hard working.

  52. 193
    Engineer says:

    A question for the City types.

    Would the credit rating agencies refrain from making potentially incendiary statements or re-rating announcements close to and election so as not to be accused of trying to influence the result?

    Or could they be forced into making announcements before May by market trends?

  53. 202
    jim rogers says:

    you and your joke ‘British pound’ are fucked, you limey motherfuckers.

  54. 216
    All Greek to Me says:

    Get your kebabs here

    Lovely, tasty little gems, free lettuce and onions

    Get your kebabs here

    Want some chilli sauce with it?

    you Englishhhhh – £50 to you mate

  55. 217
    John Bull Printing Outfit says:

    As I said yesterday.A vote for Labour is a vote for economic disaster which will make Greece look like a picnic in comparison

  56. 222
    Anonymous says:

    Stupid late response by the markets given the government’s spending decisions were taken months, if not years, ago, and the banks are better capitalised than they were before the housing market blew up. Shame they didn’t (along with the banks) have any concept of risk then.

  57. 233
    dr. sipp says:

    showergate

    maid loses her job using number 11 shower

    hauled in front of labour officials?????

  58. 240
    jgm2 says:

    Fucking hell. Pound down 2.5c on the day so far.

    • 245
      jgm2 says:

      Now 3c down. Somebody must have got wind of a ‘AAA’ downgrade as soon as New York opens. Or something.

      I mean what’s the explanation? We’re only half a billion quid more fucked than we were yesterday and half a billion quid less fucked than we will be tomorrow?

      The only conceivable explanation is Guido. The opinion polls suggesting that we might not get rid of these economic beserkers in a one-er.

      • 252
        labour is a cancer on society says:

        Interesting term ‘berserkers’ – malevolent, killer robots from the books of Fred Saberhagen. The robots being this time automated ‘forex’ bots. They would not give a monkeys if they drove the YUK into the trash can. If that is what you meant then ‘berserker’ is a good name for them.

      • 253
        jgm2 says:

        4.25c down now.

        In one morning.

        We’re fucked.

  59. 244
    Financial Pedant says:

    90 eurocents to the pound! Fortunately you’ve cocked this up – I think you meant 90 pence to the euro. If it was conspiracy not cock-up, you must have shares in Sketchley’s – I’m taking my trousers there right now.

  60. 255
    dr. sipp says:

    if pound is devalued–do interest rates have to go up—like TODAY

    • 291
      This does not mean the pound here at home in your pocket has been devalued says:

      Well they did on Black Wednesday when the pound was under attack by speculators.It’s probably not yet reached that point.It’s all about market sentiment/view that in the event of a Hung Parliament there will be insufficient resolve to pay down the deficit quickly and start the massive public sector job losses required (required under Labour OR Tory government) already surprisingly being predicted by “Pravda” in the 1pm news(so it must be pretty serious for them to actually lead with job cuts in the public sector).The markets also don’t have much confidence in Brown(what after he saved the World you say ? The markets know bullshit when they hear it)and are fearful that he may still be PM after the election.

      If the Tories win there will be massive job cuts;tax rises and so on but IF Labour win the markets will implode;the pound will plummet even more;the purchase of gilts(which finances government borrowing and the deficit)will falter;our credit rating will be reduced which will mean that the government will have to raise interest rates;prices will also rise for food and goods(which the UK imports in large amounts)as they are paid for in foreign currency which we will have to pay more pounds for;petrol will inevitably increase forcing up transport costs which will in time be passed on to the consumer;the same applies to gas and electricity prices as interest rates rise so too will mortgages and re-possessions;unemployment will rise especially in the public sector as the private sector as very little fat left; VAT will rise so will personal and corporation tax : there will probably be strikes and civil unrest as you’ve seen in Greece probably as the unions start to flex their industrial muscle. No doubt the IMF will have to be called in by a Labour Government and the IMF will impose stringent expenditure cuts for their help.

      The next 5 years will be tough whatever Labour tells the voters and if they are left in charge they won’t be just tough ….they will catastrophic. Labour is not being straight with the electorate but even they can’t buck the market for much longer.

      Brown squandered our monies in the good times and now its payback time

    • 293
      Susie says:

      The Times has a lot to answer for with their “Gordon Brown on course to win election’ headline… wonder where they got that from? No 10?

      • 296
        Just asking the obvious ? says:

        Very true but I think it’s actually already been suggested on here that some of those you took part actually lied about their voting intentions to tempt Brown to call the election so the YouGov poll must be suspect.We need another poll to judge but then again if people are lying to the pollsters what value can you place on any of them

        • 299
          Susie says:

          I’d like Kellner to answer why his poll was revised a full 4 percentage points in a couple of hours between editions…

          Would his wife’s organization have anything to do with it? The Euro’s been in free fall for the past couple of weeks over Greece and there have been serious doubts over whether it can continue (as voiced by the Bundersbank).

  61. 257
    Desert rat says:

    Do you mean that our total faith in the financial genius and courage of Gordon Brown is misplaced?

  62. 283
    Exporter says:

    It might even go as low as it did under the Tories – $1.40 I seem to remember at one point. Let’s hope so!

  63. 287
    Call me 'Commie' Dave says:

    Gorgon and Dave are both a disgrace to this once proud nation. They are only fit to sell sticks of rock on Brighton Pier to tourists. $1.49/£ and falling. No-one has faith in whatever pathetic policies they both have.

    Be gone, before you’re slaughtered.

    • 297
      Susie says:

      Remind me who’s been PM for 3 years and before that, Chancellor for the previous 10?

      Remind me who’s been calling for government cuts to get the debt down and avert this disaster for the past 3 years?

      Leave Dave out of it.

      • 298
        John Bull Printing Outfit says:

        Susie…..you should know by now that according to the left it’s all Thatcher’s fault ……….everything is Thatcher’s fault.!!!!!

        The woman has been out of office for 20 years and as you say the Labour government have had 13 years in power.

        The fact is that Labour government’s always end in economic failure …financial incompetence is ingrained into them….they can’t help it …it just is.

      • 316
        Call me 'Commie' Dave says:

        Susie, you’re right, but Dave was meant to be the Opposition for the past few years and failed miserably.

        How could he stand by and watch the utter destruction Brown caused?

      • 328
        Dave used to have a 26, yes a 26!! point lead and managed to piss it all away says:

        He’s shit and you know he is

  64. 292
    Anonymous says:

    can’t be arsed to read all the comments, has anyone pointed out its 90pence to the euro, not 90cents to a pound. probably not, you’re all Hunts

  65. 305
    Cream Puff says:

    Better buy up all the wheelbarrows, can see a market opening up, for people going to buy bread in the near future and will need a barrow to carry the millions of reichpounds we will need just to buy a loaf

  66. 310

    2010 will be known as the year of the Sovereign Debt Crises. The hammer is about to drop. Prepare for trade wars and everything else of the like.

    • 319
      Susie says:

      You have to be joking…

      Q: Explain why Iraq (Mesopotamia as was) looks like a dust bowl and for how long it’s been like that?

      A: It’s the result of 5,000 years of subsistence organic farming — when they’d ruined the productive land, they died.

      When the oil runs out, we’ll die too, in our tens of millions. That’s just the way it is.

      • 327
        NeoCon Floozy says:

        was it ‘organic farming’ (ROFL!!) that killed hundreds of thousands of civilians when king of the NeoCon fuckwits Bush (an Oil man lest we forget) invaded ?

        NeoCons are hilariously stupid.

  67. 320
    angelnstar says:

    http://cyberboris.wordpress.com/2010/03/01/boris-goes-with-the-punters/

    Boris says the professional gamblers, those who put their money where their mouths are, are uncannily accurate and he quotes Betfair as giving the Tories a healthy majority, forget about the Hung Parliament. I believe him.

  68. 330
    1381 says:

    Shameron should have his head on the line.
    If the Tories don’t win a comfortable majority in the present political climate then there is only one result.
    Shameron should put in his resignation immediately because it will clearly be a public vote of no confidence in the bleeding heart liberal warmonger – self described as heir to Blair.
    Maybe third time we might get lucky – David Davis can become the leader of the Tory party.
    Or will the puppeteers who really run this country nobble him once again.



Another Twittish Tweet from Kerry McCarthy | BBC 
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I Told You So: Euro is Doomed | Douglas Carswell
PM Speaks for the Nation When Bashing Balls | Quentin Letts
Time for an Alliance | Dan Hannan
Farage’s Plan | ConservativeHome
Guardian Open News is a Failure | Heather Brooke
Balls Calls for Deeper Cuts | Speccie
Lessons from the Thirties | CPS
PMQs Idiots | Harry Cole
Jon Cruddas is Not the Messiah | Dan Hodges

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