"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen."

Monday, 10 May 2010

Brown To Step Down As Labour Leader + Updates

Brown's just made a speech outside Downing Street. He's still angling for a role in either a Lib/Lab coalition government or a national government but he also announced that the process to elect a new leader of the Labour Party would begin.  The new Leader should be in place for the Labour Party Conference in the Autumn. He intends to continue as caretaker Prime Minister in the meantime.   There's still no clarity and the money markets have reacted quickly and don't like the sound of it (the pound dropped immediately against the dollar).  It also opens the way for Clegg to negotiate with Labour for a Lib/Lab coalition with Brown out of the way.  Brown's told Clegg he's willing to push AV voting through Parliament without a referendum (promised in the Labour manifesto) unlike the Conservatives who've said they'll put it to the electorate.  It's beginning to look as though Cameron, and we, may rue the day he went into talks with Clegg rather than going for a minority government.  Video to follow.

UPDATE:  A CEO in the City says it's "catastrophic, the City will not like the prospect of a Lib/Lab pact; it will not like the prospect of Gordon Brown hanging around, after all he was the man who got us into..." [sorry, video broke up]   There's also been a very bad-tempered confrontation between Adam Boulton and Alistair Campbell with Boulton accusing Campbell of "plotting".  Here's a clip of Brown's speech:



UPDATE:  If you're in the UK you can watch Brown's statement here in full.

More and more, it's beginning to look like the scenario in my  post yesterday will be under serious discussion. David Miliband has already announced his intention to stand for the leadership and Angus Robertson of the SNP has been out and about rubbing his hands together with glee.  So much for all this cockwaffle we've been hearing about putting aside party politics and only acting in the best interests of the country.

UPDATE:  It's worth noting that one of the things on offer to the LibDems is pushing through electoral reform (ie AV voting) without reference to the people via a referendum (as promised in Labour's manifesto, just before the election when they realised they were going to lose).  If it goes ahead it will bring us into line with the rest of the EU and we'll be having a centre-left government forever.

UPDATE:  This is how the market reacted on hearing that Brown intended to stay until the Autumn.  It's pinched from  Guido

4 comments:

  1. GV this is an orchestrated process designed to denigrate every aspect of our national memory and institutions. He and his foundation bitchboy chums couldn't make us look more like a bunch of fuckwitz if he shat on the doorstep of No10. Mark my words right now there are groups of trouble makers pointing out to groups of "radicalised" nutjobs and rabid beleif peddlers "Look at that they don't deserve democracy, their parliament is a laughing stock and their traditions are pathetic. Let's give them what we want"

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  2. Hi Stoker, it's all going to plan isn't it? They're about to steal the little of the democracy we had left. And still we lie down and take it, even though we watch it unfolding before us. Your 'shuvvel' isn't big enough.

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  3. Not so much a Lame Duck PM as a Dead Duck.

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  4. Not yet though, Banned, he'll be with us till Sept/Oct if the politicians have their way. I'm really tempted to support these Lib/Lab talks - let them form their unstable coalition and see it all crash down then we'll have another GE and the Cons will win an outright majority. Maybe.

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