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

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
Ruffley Supporter Provokes Outcry | HuffPo
Mirror Readies Pennies for Hacking Payouts | Media Guido
How to Win a Twitter Argument | Hopi Sen


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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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