Today is the day that Tom Watson predicted Andy Coulson would resign. He was clearly woefully inaccurate, out by 96 hours, but then he also said it would be over by Christmas. In the same long rambling piece from a couple of weeks ago, Watson suggested that the same excellent source told him the Cameron was planning to go to the country in May. Needless to say most people dismissed the idea immediately, and they are highly likely to be right, however since Watson’s Coulson tip nearly came true, Guido has been thinking. The CCHQ research department has been restocked after being raided for SpAds, the press office has been boosted by the unexpected return of Henry Macrory and the digital team is beefing up. Are they on a war footing?

The LibDems would be obliterated by an early election and Miliband has not had enough time to settle into the role, so you can see the logic. The only problem being that Dave doesn’t want to obliterate the LibDems.

UPDATE: Eagle-eyed commenters notice that Political Betting suggested yesterday that Tom Watson’s source should be revisted. Guido hadn’t seen the piece, it was the jobs in CCHQ that got him thinking, but they do point out another factor – the Tories are certainly the only ones who could afford an election.