Monday, May 10, 2010

Double dealing with the Lib Dems

Looks like the Lib Dems have been playing both sides, and that Lib Dem activists and Executive would rather the economy crashed and burned with all the misery it will cause then they're chances of getting on the public pay roll should suffer.

Maybe Nick Clegg can still pull it off - but I'm starting to think a cynical rainbow coalition of denial based on self interested may be more likely than a stable LibCon coalition.

There will be very real trouble if it does and the voters are denied the change they voted for....


JohnRS said...

The markets hate this....the pound's dropping like a stone, but Clegg The Untrustworthy doesnt care as long as he can get his snout in the trough.

Anonymous said...

the markets do not hate it...they only say they do, and Cameron did not get a majority!

Man in a Shed said...

@John R - the markets know a rainbow govt followed by one crippled by PR can't pay the money back or grow the economy.

My guess is the Bank of England will be forced to start printing money again very shortly.

Stirling crisis is now on the horizon.

@Anon - The one thing you can say about the markets it they back what they say with money. So we can make the assumption they serious.