What Now?

My God, he really is a robot.

The interviewer in that clip, Damon Green, was none to pleased with the result either. His post interview thoughts are worth a read.

To the debate last night and anyone landing from another Galaxy this morning will quickly realise that the UK is heading down a perilous path to a kind of unreconstructed socialism that we haven’t seen since the seventies. Whilst many hope for a Tory surge, and are no doubt tiring of the Spin Meisters drive for “discredit Milliband and steady as she goes,” approach, any outcome other than a Labour + loony fringe support looks at this point, tenuous. The remarkable thing is that the pound, gilts and equities appear relatively unruffled. Although weaker, sterling will take a good old fashioned hammering on May 8th and likely, long before. 

I’m not quite sure what tofu munching unreconstructed Trotskyists like the Greens, who have one MP, are doing on the national stage when the DUP are barred. Its also shocking that none of the other parties have the stones to call them out for what they are. Personally, I’d rather vote for a pigeon shouting alcoholic tramp than that lunatic Australian women. The Welsh woman is stuck in a 1973 entitlement frenzy and the SNP are just scary. If the electorate in Scotland, who seem to be permanently out to lunch,  deliver as the polls are indicating the breakup of the UK is simply inevitable. UKIP meanwhile strike the occasional chord with most voters but lack the maturity, breadth, quality of candidates  and organisation to reach a position of significant influence. That leaves the robotic Milliband who seems to be edging forward which ought to worry every sensible and reasonable thinking individual.

UK National Debt = £1.29 trillion, (chart is in €) That's tough to visualise; try this to help.

All of the parties, except perhaps UKIP, are either too stupid to understand the position of the national finances or are too fearful to be honest. They talk about the “deficit,” while conveniently forgetting the £1.29 trillion debt mountain lurking in the background. Interest payments on that debt are due to surge to over £40bn in 2016 and that’s with interest rates at a 230 year low. The truth is all they are claiming they will achieve is a reduction in the trajectory of the growth of the deficit. 

If these jokers think they have experienced austerity then they’re in for a shock. Regardless of who is elected, cuts will have to be enforced and taxes are going up, that’s just a starter for 10. One thing is for sure and for certain, if Milliband walks into No 10 on May 8th our economy, and the markets, will collapse like one of Fred Dibnah’s chimneys.