TUC comedy

LA loves the conference season.
The Greens have gone first and spouted rubbish that amounts to Communism when it comes to the economy.
Now it is the clowns of the Unions to go. To quote todays Times" Tony Woodley General Secretary of Unite
"He said that the dire state of the economy called for radical policies and for Labour to throw out neo-liberal economics. Mr Brown had to “do a damn sight more to regain the confidence of the country”, he added. He also repeated union demands for a reversal of many of Margaret Thatcher’s trade union reforms. "
Yes , tax ,spend ,"redistribute" and regulate has failed what we need is an even more extreme version of it. These people are off another planet and of another era, these people also influence the Government.
Tony Woodley if you have a spoon full of poison it may make you very sick, if you drink the whole bottle, you die.

LA also notes that some of the current economic uncertainty comes from political uncertainty. Investors require stability and certainty. We sit 2 months from an American election that is too close to call. Which one wins will influence investment decisions, and will influence liquidity in banking. On this side of the pond we are effectively without government. No worse than that, we are without leadership and with a government that meddles and tinkers without thought and without warning. Mr Brown could go any day, or he could hang on 18 months, and in 18 months Cameron, who has not elucidated on his policies. Uncertainty breeds volatility. We have 2 months for the Yanks to sort themselves out, Mr Brown please call an election now and let this side of the pond get some certainty. One things for sure, the moment Brown goes, the pound will rally against the Euro.

Lord Allelsey