Balls Backs Tactical Voting

When Guido saw Bad Al Campbell’s last tweet:

“Should not get too wound up by bizarre ramblings of candidate in unwinnable seat. Attention seeking takes many forms.”

Guido thought he was talking about Ed Balls calling for tactical voting.  Apparently not, he was blaming Sood

Ed should be careful for what  he wishes, tactical voting might not give Ed the result he wants.  Balls is as everyone knows the illiberal bullying protege of Gordon Brown, he is he admits still in contact with his friend Damian McBride.  Ed Balls represents the worst of New Labour, he is a master at spinning anonymous briefings against rivals.   Not the sort of character most LibDems would like to see in parliament.

He has a notional majority of 9,000 in the newly created Morley & Outwood seat. That should be taken with a pinch of salt, it is a new seat created after boundary changes, in local council elections over the last 2 years Labour has polled badly, even coming fourth on occasion.

With Labour nationally polling in third place, the swing against Labour means Balls’ notional lead is likely to be negligible, his Tory opponent Antony Calvert is fighting an incredibly energetic campaign, he’s raised money online for his campaign and he has caught the imagination of the media with his “Balls Moment” advert. If LibDem voters want to see the back of Gordon Brown’s closest henchmen and witness the most memorable moment of election night, just as in 1997 when Portillo was defeated, they should vote tactically. If you are up for a “Balls Moment”, LibDems have to vote Tory this time in Morley and Outwood.

UPDATE : Punters are putting their money on Calvert to take the seat, he is now favourite to win.

They Don’t Half Pick ‘Em

This isn’t exactly the headline Labour would want forty-five hours before the polls open:

The candidate in question was just on Sky calling for more powers to be given to the Queen and farmers. With friends like that…

Not So Pink ‘Un

FT-CCCP-thumbnailIs Guido being too cynical?  After 23 years of opposing the Tories the FT this morning grudgingly switches editorial support to them. Have the Tories suddenly become europhiliacs? Could it be anything to do with both the re-invigorated Wall Street Journal and City A.M. eating into their readership?

Both those financial papers defend their capitalist readers and take a more robust line, whereas the FT is mainly read by foreigners and the global elite’s limousine liberals.  The FT even backed Neil Kinnock against Margaret Thatcher and it is where Ed Balls cut his teeth as a Labour propagandist.  Maybe it has finally dawned on the pink ones that their falling circulation might be a result of insulting and irritating their overwhelmingly capitalist readers…

See also City Boycotting the Lefties at the Pink ‘Un

Rich & Mark’s Tuesday Morning View

Freaky Friday Fears Give City Nightmare on Threadneedle Street*

London’s financial futures exchange will, in an unprecedented move, open at 1 a.m. on Friday to allow investors to trade gilts as the election results come in.  Investment banks and hedge funds will be at their desks overnight.  Given the closeness of the race if key results are not counted until lunchtime market uncertainty will cause volatility.

The gilt market determines long term interest rates, which fix mortgage rates.  Labour losing the election is priced into the market, consequently gilt yields have dropped below the psychological 4% interest rate as the prospect of a change of government with a focus on bringing down the deficit has buoyed debt and currency markets.  If traders sense a re-run of the 1974 Lib-Lab pact is on the cards they will sell sterling and gilts to the floor.  The pound will be devalued by morning and the gilt yields which determine long term mortgage rates will rocket. It would be a nightmare on Threadneedle Street…

The price of a Labour government will be higher mortgage payments and higher inflation imported by a devalued pound.  If it goes wrong on Freaky Friday it will f**k the economy before the day is out…

*Threadneedle Street is the location of the Bank of England.

Quote of the Day

Sadiq Khan MP writes…

“Labour is, and always has been the Party of British Muslims…”

Labour Third, Pollsters and Punters Expect Cameron to be PM

This is the latest rolling average of the last week’s polls.  Political punters give Cameron a 84% chance of being the next Prime Minister, which seems like a bit of a sell given punters currently make a hung parliament a 52% probability.

Drilling down onto seat numbers the punters are evenly divided rating the chances of the Tories getting between 300 and 324 seats, 2 short of an overall majority, at 29%.  They rate the chances of them getting a majority in the 325 to 349 range also at 29%.  The cliche “it is still all to play” for is absolutely true…

Rich & Mark’s Monday Morning View

Guy News : The Spin Room II

It is not just Gove and Whelan bickering over Twitter.  Glamourous Gabby Bertin, Mandelson, Liam Byrne, Fraser Nelson and Matthew D’Ancona spinning away, and the odd technical glitch.

If you missed it yesterday, check out a seemingly tired and emotional […]

+ READ MORE +

Clegg and the Weirdie Beardies

Guido likes Clegg, his anti-statist liberalism is a welcome change from the more-of-the-same social democrats who have dominated the LibDems since the merger.  Clegg and some of his leadership team, like David Laws and Ed Davey, are in policy terms […]

+ READ MORE +

Quote of the Day

Gilian Duffy said

“I’d been watching the news bulletins earlier in the day and they were talking about the national debt and how none of the politicians are mentioning that and I thought I’d ask him about that. I […]

+ READ MORE +

Gordon Meets An Undecided Voter, Heavies Eject Him

Blair would have dealt with this heckler head-on not have the heavies throw him out. It was a public meeting on public property. Why couldn’t Gordon answer his question?[…]

+ READ MORE +



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Quote of the Day

Jeremy Corbyn on today’s results:

“We hung on.”

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