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Monday 13 October 2008

He who pays the piper calls the tune...

I read that:
"Here's Unite joint general secretary Derek Simpson a few moments ago:

"The measures announced today must be bound to undertakings by the banks of no job losses, no repossessions and an end to the bonus culture."

Yes that's right, no repossessions. You can see Simpson's logic here. Afterall if a Labour Government now owns or controls four High Street banks (RBS, HBOS, Bradford & Bingley and Northern Rock), then the banks' policies should take on a socialist hue.

Yet how would this work in practice? It is almost an invitation to anyone with a mortgage with any of these banks to default - and let the taxpayer pick up the tab.

Simpson's comments might be easy to dismiss in a crisis, but for Gordon Brown and Alistair Darling, they will become increasingly politically difficult to ignore.

Important note: Unite contributed £1.5million to Labour in the three months to June. That's £4 out of every £10 which the party raised in the second quarter."


What's most impressive is how quickly a NuLab black-ops was able to post a anti-Tory smear in the Telegraph article comments; it looks as though DD's team are really motivated.

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