Monday, September 27, 2010

The International Monetary Fund vs. The Labour Party

BBC News: Reports that the IMF has supported the cuts of the Coalition Government. This will really place Ed Miliband the new Labour Leader in a tight spot, from the IMF to the Bank of England you have support for the Government cuts, and who does Mr Miliband have to thank for getting the Labour leadership but the Unions. It would be ironic if Mr Miliband lost the 2015 election in 2010, if the Government cuts work and Labour has opposed them due to the fact that Miliband is in the pocket of the Unions the Labour Party could be out of power for another twenty years. It is also ironic that Miliband Junior might need David Miliband more than David needs him at the minute, the only way that Miliband can tell the Unions to jump over a cliff is if his brother is the Shadow Chancellor of the Exchequer. David Miliband could take the role of Gordon Brown, in other words he would run economic policy within Labour, Ed would be the front man, depends how charitable he feels towards his brother who stabbed him the back! If this blog was David Miliband would tell Ed he is on his own, and go make some money in business, he can come back in a few years to replace Ed before the 2015 election.

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