Comments on: Snigger, Oh, Tee Hee

By: squawkbox

squawkbox — Fri, 30 May 2008 04:44:05 +0000

The thought that Labour will simply raid the taxpayer’s coffers to pay their own debts is worrying, but not the worst possible outcome. It looks like the Labour Party, and by extension the UK government, is now for sale to anyone with a spare 24M, which isn’t that much these days. Who will buy it? An eevil multinational company, some unpleasant foreign government, a Soros-style dodgy billionaire? Let your imagination run wild.

By: Monty

Monty — Thu, 29 May 2008 18:19:41 +0000

I note they are scrambling to change their status to that of a Limited Liability company, but could be required to clear their outstanding debts first.

By: oh well « UK Liberty

oh well « UK Liberty — Thu, 29 May 2008 17:55:14 +0000

[...] May 29, 2008 Tim Worstall: Of course Guido has been going on about this all month but nice to see it hitting the [...]

By: ukliberty

ukliberty — Thu, 29 May 2008 13:58:00 +0000

Tony Blair’s greatest achievement: halving the Labour Party membership within ten years and helping to bankrupt it.

But I think So Much For Subtlety is right – I fear that Hayden Phillips’ words, “the public interest in financially healthy political parties, and what parties can do in the public interest”*, will come back to haunt us.

* Sadly he didn’t mention that there is a public interest in financially competent parties…

By: Mark Wadsworth

Mark Wadsworth — Thu, 29 May 2008 10:12:57 +0000

Tim, Martin, thanks! This story just gets better and better …

By: So Much For Subtlety

So Much For Subtlety — Thu, 29 May 2008 09:47:06 +0000

I don’t understand Guido’s enthusiasm for this. And I seem to remember him going on about this last year as well – perhaps even this time last year. After all the little bastards have the keys to our bank accounts. They are more or less unaccountable. And they have a massive sense of entitlement. Surely any eight year old can see this is going to end with a raid on our piggy banks, not in their’s?

By: Pogo

Pogo — Thu, 29 May 2008 09:43:13 +0000

More to the point… That shower of economically-illiterate f*ckers are running the country!

… for the time being.

By: Martin Adamson

Martin Adamson — Thu, 29 May 2008 09:18:21 +0000

More than that: Don’t bankrupts automatically have to stand down as MPs?

Tim adds: Oooooh! Yes! I’d forgotten that. And you can’t come back when discharged, either.