Labour - No Money

I was watching the New Chief Secretary of the Treasury David Laws on the BBC's Daily Politics show and he stated that Labour Chief Secretary had left him a note, Mr Laws thought it was advice on how to deal with the Treasury or other Departments, no it was a lot simpler, it stated that there was no more money. The new Chief Secretary stated he would use this note against the Labour opposition in the House of Commons. This was the final mistake of New Labour, a Conservative Minister would have taken it as a private note of dark humour, the Libe Dems don't have a sense of humour that one can see, they tend to believe their own spin, thus in one way its was quite an insulting note, its like getting your dream job and finding that the company is broke and your the one to cut costs. I think one can say that the idea of a Progressive Left Alliance between Labour and the Libs Dems has been buried with New Labour.

Its the FAULT of Labour!

Telegraph: Reports that the new Coalition Government is going to throw the kitchen sink of UK debt at the direction of the Labour Party. Its a great political tool, throw all the bad stuff at the last government and avoid the blame, two years in Obama is still faulting Bush 43. But by next year the Coalition Government will be hated, if the cuts are worse than in the Thatcher Era it can be expected that there will be strikes in the public sector, but that is why the Conservatives have demanded that should the Lib Dems go YELLOW and walk out of the Coalition that any dissolution of the Commons would take a 55% of MP's of the House voting for that dissolution. The Conservative Party has been here before the Lib Dems have not, lets see how much heat they can really take, can the Lib Dems tolerate becoming the new nasty party in the UK.

New Labour Dead and Buried

BBC News: Reports that David Miliband the ex Foreign Secretary has stated that New Labour is over with, its the future of Labour that is important, what comes after New Labour. Well folks New Labour is getting buried by the New Labour candidate in the shape of David Miliband, it seems that hollow brand of New Labour is a vote loser thus buried, one has to wonder what will Tony Blair and Gordon Brown make of this statement, in some respects we are all the heirs of the Thatcher Era, no one wants to be the heir to New Labour. The Labour Party in pure political terms has to ask it self does it want another Tony Blair in the shape of either David or Ed Miliband but without the charisma of Blair. I was watching Ed Miliband on the BBC 1 on Sunday and it took me few seconds to get the fact that it was Ed not David Miliband. They have some of the same physical mannerisms, well they are brothers, still don't think it looks good for Labour to have two brothers as the two main candidates, Ed Balls might not be as smooth as Ed or David but there is a passion, when your in opposition you need a leader that will get the troops out in a By - Election etc to push the Labour message on the doorstep. Lets see who else enters the race for leader.

Emergency Budget in the UK

HM Treasury: Has the statement by the Chancellor of the Exchequer George Osborne that there will be an Emergency Budget in the UK in six weeks time, that budget will look to cut six billion in public spending. also to place economic forecasts outside the Treasury, the new Office for Budget Responsibility will develop Independent Forecasts for the Government. In pure political terms this will get the political blood on the hands of the Lib Dems, for the first time since the 1920s they are the power, they have to justify public spending cuts, they face as Labour and the Conservatives have faced the wrath of those on the wrong side of the cuts, it will be interesting to see if those on the left of the Lib Dems can support these drastic cuts, will they still support the coalition government, better the economic pain now that before the election in 2015. As to the OBR this could be spin, it depends who is doing the sums, all is political in Government, lets see how honest they are with their political masters. Expect deep public sector cuts folks, increase in VAT, Tax, just TAX in other words, when the red ink of Labour is over one hundred and sixty three Billion you need the ax man to cut that debt, the Thatcher cuts of the 80s will look like happy hour folks.