The coalition is way past its sell by date

In cricket terms the Tories are way behind on the scorecard. They are on a difficult difficult wicket, held back by the LibDems who often seem to be batting for the other side. There have been  some dodgy selections at the top of the order. Gideon is just not up to being Chancellor. No one in the City is surprised.

Cast Iron Dave and his fellow LibDem Cleggy cling to each other like drowning men. In the good old days the men in grey suits would have emerged from smoke filled rooms to tap Dave on the shoulder and say come in Dave your time is up. Lets have Maggie May or the other Dave or Scots hard man Liam and ditch your yellow LibDem pals at the same time.

Dave's sterling willy like his AAA rating is shriveling in the Arctic blast of the financial winter. Click on link and  read Allister Heaths piece in today's City AM. to appreciate how dire UK Plc's finances are. A shrinking pound, down 8.6% against the $ this year and by almost as much against the €. 10 year gilt yields at 2% so below inflation under the influence of Merv's money printing which is also stoking up a huge boom in the FTSE, an international index not a UK one, but up now to 6500 its highest since Dec 2007.

Here and in Euroland there are many zombie banks kept alive on an intensive care of zero cost money from the central banks. These are the walking dead, contributing nothing but problems to the UK and Eurozone economies. Does Gideon have any idea what to do about this? Well maybe another ski trip to help forget.

The UK has been living beyond its income for many years. As Robert Browning wrote 170 years ago about another decadent state, Venice, "What of soul was left, I wonder, when the kissing had to stop?"   

Liam Fox is correct. We need to remove the ring fence around the NHS and the Overseas Aid budget but what of our EU contributions direct and indirect. We  cannot afford to be a member of that vanity club for politcians. If they want a seat at the top table let them put their hand in their pocket and pay for it and keep their thieving fingers away from our wallets.

If this requires the break up of the coalition then so be it. Who cares but some fat cat useless Con and LibDem politicians? Huhne was the one that got caught but what of the other thieves still with their bums on the green and red leather?

The BBC have deigned to reply to my FoI request. I copy their fulsome reply below:

Dear Mr Edmond,

 

Thank you for your request for information under the Freedom of Information Act 2000, as detailed in your email below. Your request was received on 11^th March 2013.  We will deal with your request as promptly as possible, and at the latest within 20 working days. If you have any queries about your request, please contact us at the address below.

 

So I have to wait another 20 days for my non-reply!