Saturday, January 28, 2012

Not a Single Billion More

George Osborne gave a cast iron promise last October:

“Britain will not be putting money into the bailout fund either directly or through the IMF… the IMF exists to support countries, it does not exist to support currencies. The IMF contributing money to the eurozone bailout fund, no; Britain contributing money to the eurozone bailout fund, no. That is Britain’s clear position.”

Ed Balls and Tory backbenchers are at one on this, it is for Germany through the ECB to support the €uro. The American and Chinese Treasury ministers agree, it is not the purpose of the IMF to bailout an ill-conceived currency union. Don’t forget your promise George*…

*Guido hasn’t forgotten his IMF promise.

Saturday Seven Up


Seen Elsewhere

Rachel Reeves’ Pension Howler | Mail
UKIP Propose 90% Cut in Overseas Aid | Breitbart
Ed Milibaaaand | Sun
Ed Miliband Phrase Generator | Guardian
Blair Right About ISIS | Jago Pearson
Miliband Will Be Prime Minister By Default | Alex Wickham
Labout Have Learned Nothing | Jeremy Warner
How Cameron Can Return to No. 10 | Telegraph
Balls Speech Was Mush | FT
Labour Makes a Mess of Its Big Moment | James Kirkup
Miliband Must Win Back Blair’s Englanders | Rachel Sylvester


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Eddie Izzard, in his thirteenth year involved in politics, says he’s not cursed because it took Sir Alex Ferguson “seven years to win the premiership so it doesn’t really matter.”



cynic says:

Can anyone help me? I went on holiday a week ago and returned to find someone has pulled out the stake and Gordon Brown is back and acting as Prime Minister. What did I miss? Has there been a snap election?


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