Darling spills the beans

Lord Allesley read the Chancellor's words in a state of exasperation. "The down turn will be deeper than many people though." Which people, the Cabinet and other cocooned fools in Whitehall who do not see the reality of what is going on.
LA maintains that some sectors are and will continue to do well, others will suffer badly. The problem is the banks. For years, when a small business had a bad year, the banks answer was to reduce funding and crucify that business, not work the problem through. Now the banks have one bad year and they crucify each other, hence liquidity crisis.
Sadly unlike punishing one small business, the effect of the banks hurting is felt by all. If liquidity returned much of today's problems would be resolved swiftly.
The banks need strong leadership from government. That government need to lead the way by reducing the size of the public sector economy and reducing the tax burden. That government needs to make it easier to start a business and easier to run a business. The unions need putting back in their kennel and the nation needs to get back to work and stop paying scroungers.
This would be a very unpopular stance in the short term, but everyone knows, good medicine tastes bad.

The socialist experiment has run its course, time for change.

Lord Allesley

The Emperors Clothes

It is finally over. 63 consecutive periods of growth has dissolved. Mr Brown, the Chancellor of the never never and Prime Minister of error error is finally shown for what he truly is.

No longer can he proclaim Magical fiscal powers, he has been seen to be nothing but a second rate conjurer.

As his socialist experiment crumbles, the victims are the British people, left to pick up the pieces. Not content with this, he and his ministers contaminate the wreckage with fall out, crazy unfinancable policies. This ensures the next Government will struggle to help its populous in any meaningful way.

Lord Allesley

Autumn Election?

Lord Allesley hears rumours of election planning.
Mr Brown knows he could well be out if he loses the Glenrorthes by election in the Autumn. Theory goes he will therefore go for an Autumn General Election (knowing he will lose). Idea behind this is minimise the devastation of Labour MP's. Prior to going to the nation there will be a give away budget of bribes and large troop withdrawal from Iraq.
Labour out, but handing Cameron a poison chalice of ruined economy and having to take away the promised bribes.
First plank of plan was put in place in Warwick when Brown secured the Union funding to get enough money to fight an election.
Is this more than rumour, more than theory?????

Lord Allesley

Lord Allesley Returns:So do the 70's

As Lord Allesley returns to the Blogsphere he reflects on the last week. Soaring inflation, rising unemployment, difficulty getting mortgages, an energy crisis, high taxes, a communist State showing its muscle through the Olympics and the West and Russia re entering the cold war.

Like an episode of Life on Mars his Lordship is convinced he should nip to his local for a pint of Harp.

One thing is for sure, Obama is going to be in trouble. McCain will go tough on Russia, Obama will look weak as Yanks head for their nuclear shelters in typical over reaction.

Lord Allesley looks on and wonders what Mr Browns position will be, he has left a vaccum so far.

Lord Allesley

Sunday Silly Season

So, Milliband is off on his hols, Manhater, odd eye brows and Denham (if you don't know who he is join 99.9999r% of the population, all back Gordon, the rest of the country just sits and looks as its gas bills go up.
Is it not time to ask why our economic downturn is worse than similar nations, it is not time to look at our growing public expenditure as a percentage of GDP and see the direct correlation. is it not time we realised that the return on this public expenditure declines with every £ spent. Surely the waste is evident for all to see. Lets kerb the spending and cut the waste. Oh, but lets not say that in public, after all, to announce the Emperor has no clothes would not go down well would it!

Lord Allesley

Back from Recess

Lord Allesley is back in blighty after his personal recess.(2 weeks not 3 months) He has noted from afar that the world of politics continues to defy logic and ignore the real people of the country. He will sober up and reflect in the next few hours. Silly season is here and Lord Allesley feels he must contribute.

Lord Allesley