Asked what has gone wrong for Gordon, he is quoted as saying “All of a sudden what looked like a one-horse race is now a two-horse race.”
How does Ronnie feel about David Cameron becoming the next PM? “I am a businessman who supports a political party for two reasons: whether it supports entrepreneurship and social investment. If you said to me today, am I concerned about the possibility that a Conservative government would come back in and overturn the entrepreneurial system that we’ve worked so hard to do or seriously break the growth of social investment, I’d say no.” So Ronnie is now a swing voter.
Ronnie, who founded venture capitalists Apax Partners, doesn’t think much of Darling’s back-of-an-envelope plan to hike capital gains taxes 80% “Entrepreneurs need to recruit executives who know how to run a business. They’re on big salaries with big companies that offer pensions. A 10% rate enables someone with a big income to take a chance and work with an entrepreneur.” So will he actually be voting Labour this time?
“the co-operative principle reflects an important part of the vision of social progress that we on the centre-right believe in: the role of strong independent institutions, run by and for local people. That’s why Conservatives have always argued that free enterprise and the co-operative principle are partners, not adversaries. And now I want the Conservative Party to take the lead in applying the co-operative ideal to the challenges of the 21st century. So I am delighted to announce today the establishment of the Conservative Co-operative Movement. “
Over at LabourHome they have gone all “how very dare they” about Cameron’s Conservative Co-operative Movement. Guido had lunch with LabourHome founder Alex Hilton sometime ago, when Guido paid using a Co-operative Bank debit card he positively spluttered with indignation. “What is a capitalist like you doing banking with the Co-op?” The truth is co-ops are compatible with free enterprise, they can compete with profit-driven businesses and are a very welcome component of an enterprise culture. Guido tried to explain that for years he had worked in what was effectively a co-op. Hedge fund partnerships often work on the same principles as farmer’s co-ops, a few traders get together, share a pool of capital, share risks and share profits, just like members of an agricultural co-op do. Some of the swankiest property in New York is owned by billionaire members of co-ops. They do this because they are smart and don’t want a third party to profit at their expense. Co-ops have nothing to do with top-down state socialism.The chair of the Conservative Co-operative Movement will be Jesse Norman, the author of Compassionate Conservativism. In Latin-American countries political parties from across the spectrum often have a social-action wing that does good works. The thinking here is that state-controlled public services are too bureaucratic, too big and public service reform would be better served by harnessing the flexibility and dynamism of co-ops. Co-op schools would be a great start, with like-mind communities getting together to run schools responsive to the wishes of parents and pupils rather than Ed Balls’ diktats.
It is possible that the Labour party has correctly paid for the pictures, Guido has been stonewalled on this, more likely somebody just used the official pictures paid for by the taxpayer for Labour’s private propaganda purposes. In the process stupidly forgetting to remove the “Crown Copyright” attribute. Separation of party and state is of course unnecessary when New Labour is “the political arm of the British people”. Nevertheless, somebody should ask Gus O’Donnell about this, since some taxpayers might object to paying for Labour’s photo ops…
Monday – Downing Street media grid photo op – visit a college, pictured with kids. Thursday – Downing Street media grid photo op – visit a school, pictured with kids.
Don’t his media team have any better ideas? Shouldn’t Gordon be lying down in a dark room with calming music playing in the background?
Talking of betting, Guido is undecided, Betfair has Clegg as a massive favourite, Guido just to be contrarian has a few quid on Huhne at 3.8 as a value bet. Huhne could be the LibDem’s IDS, popular with grassroots activists, despised by the media and the parliamentary party. Nothing would surprise Guido from the LibDems.
UPDATE : In the comments a co-conspirator quotes the deleted text thus “One candidate seems to want the Liberal Democrats to be another Tory party when most people in Britain don’t want the one there is already.”
Hat-tip : Quaequam
According to the Chinese website soufun.com, the powerful China Everbright Group also paid Tony $500,000 to take a VIP tour of its property site at Songshanhu. Tony, ever able to charm, thrilled his hosts by boasting that his sister-in-law is Chinese and his seven-year Leo is learning Putonghua. No doubt he tells them in Jerusalem the boy is learning Hebrew…
A China Everbright staffer was reported as saying that Mr Blair will be given a Dongguan villa worth as much as 38 million yuan. Local financial gossip Lai See wonders what this might augur for the red-hot real estate market, “given Mr Blair’s notorious track record of buying at the peak and just before the fall.” How very dare they say that of our illustrious ex-PM…
“Take the slogan the Prime Minister wheels out every week – ‘British jobs for British