This is why some of us are praying of a Lib/Lab win...

#1
2 birds with one stone. Labour lead coalition with the LimpDems under Cyclops as PM. Result! Yes please...

Mervyn King warned that election victor will be out of power for a generation, claims economist

Bank of England governor Mervyn King reportedly said austerity cuts will be so severe that general election winner will make itself unelectable.

Mervyn King is warning that the victor in next week's election will be forced into austerity measures that will keep the party out of power for a generation, according to the US economist David Hale.

Dragging the Bank of England governor unwittingly into Britain's political battle, David Hale said he had been told by King at a private lunch about the likely fiscal pain ahead.

Asked about the possible contagion from Greece's sovereign debt crisis, Hale cited the high debt levels of the major developed economies, including Britain, and then went on to comment on the British election campaign.

"I saw the governor of the Bank of England [Mervyn King] last week when I was in London and he told me whoever wins this election will be out of power for a whole generation because of how tough the fiscal austerity will have to be," Hale said in an interview on Australian TV reported by Reuters.

The Bank confirmed that the governor had had a private lunch with Hale, but said it had been two months ago. It declined to comment on what had been said.

King, as is customary during an election campaign, has made no public statements or speeches in order to show his political impartiality.

Earlier this year, however, he made it clear that he saw tough decisions ahead for ministers as they attempted to reduce the budget deficit amassed during Britain's deepest and longest recession since the second world war.

The governor, speaking at the press conference to launch the last quarterly Inflation Report in February, said: "The need for a credible plan to ensure a substantial reduction in the fiscal deficit is now clear to everyone." King added the deficit would not be tackled without "significant fiscal consolidation".
 
#3
jagman said:
Some of us may not financially survive another 5 years of Gordon Brown
I want rid of him now.
You selfish bastaard. Think of your kids and grandkids!
 

seaweed

LE
Book Reviewer
#4
I did see this rather in reverse some while ago - that the evil Mandelbum had had Gordon Mugabe-Ceacescu so screw the economy by giving away as much money as he could, that Cameron would win and the next five years of necessary misery would wash Labour back to power on a tsunami of false promises (some of the economic problem having actually been sorted while they were out. Losing the election would of course allow Mandelbum to get rid of Gordon for ever and a new generation of Marxist traitors would inherit.
 
#5
Exactly what happened to conservatives because of what maggie had to do then.
 
#6
whitecity said:
jagman said:
Some of us may not financially survive another 5 years of Gordon Brown
I want rid of him now.
You selfish bastaard. Think of your kids and grandkids!
They can look after themselves.
If Brown gets re-elected he will have plundered their inheritence long before I pop my clogs so they will lose either way.
 
#7
seaweed said:
I did see this rather in reverse some while ago - that the evil Mandelbum had had Gordon Mugabe-Ceacescu so screw the economy by giving away as much money as he could, that Cameron would win and the next five years of necessary misery would wash Labour back to power on a tsunami of false promises (some of the economic problem having actually been sorted while they were out. Losing the election would of course allow Mandelbum to get rid of Gordon for ever and a new generation of Marxist traitors would inherit.
So, Cyclops' antics yesterday were a cunning wheeze to lose the election?
 
#8
whitecity said:
seaweed said:
I did see this rather in reverse some while ago - that the evil Mandelbum had had Gordon Mugabe-Ceacescu so screw the economy by giving away as much money as he could, that Cameron would win and the next five years of necessary misery would wash Labour back to power on a tsunami of false promises (some of the economic problem having actually been sorted while they were out. Losing the election would of course allow Mandelbum to get rid of Gordon for ever and a new generation of Marxist traitors would inherit.
So, Cyclops' antics yesterday were a cunning wheeze to lose the election?
I doubt it, Brown genuinely believes he is the messiah and he can fix it all. Give him half a chance and he will prove he was right all along.....
 
#10
If the Lib Dems get into power that will gurantee a Centre left coalition til the cows come home - or at least until Wales and Scotlands Labour votes don't count any more!

And the Lib Dems in Coalition with the Tories will ensure another GE within 18 Months. And the square root of f-all being achieved in those 18 months.

Edited for Mong Capitalisation
 

seaweed

LE
Book Reviewer
#11
Yesterday's tamasha was an extra, as was Gordon's display of gibbering fatuity vis-a-vis the Army cadet. I think Mandelbum, who to my mind likes everything smooth and planned, noiseless, undetectable and subtle, must have difficulty predicting what his barely-anthropoid pet is going to do next. Maybe Gordon will be so goaded that he does a Prescott and thumps a voter? Or loses it in other ways and craps his pants in public? Or puts Sarah in hospital? Enjoy the soap, there'll be dam-all fun from 7th onwards.
 
#12
Another five years of Brown and we will be back in the Dark ages, New labour have done nearly as much damage to this country as Hitler
 
#15
sebcoe said:
tropper66 said:
Another five years of Brown and we will be back in the Dark ages, New labour have done nearly as much damage to this country as Hitler
Trop...at Least Hitler liked the UK!!
but he made a right mess of my back garden, killing my fathers first wife and family, so in a way I owe him one
 
#16
studentfeckwit said:
supermatelot said:
Exactly what happened to conservatives because of what maggie had to do then.
What, re-elected for four consecutive terms? Suits me!
We can only hope that the Argies go for Round Two, as that's the main reason Maggie won her second term.
 

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