Friday 23 June 2023

Compromise The Independence?

Yet more strikes over pay. Pay must be what is causing inflation. That must be why people keep going on strike over pay, and why the Labour Party never supports them when they do. The Conservatives always pick a side. Frankly, so does Labour.

Rachel Reeves wants to be the Chancellor of the Exchequer. She has no view on interest rates. For her to express any would apparently compromise the independence of the Bank of England. Well, no Conservative Government ever surrendered the democratic political control that the Attlee Government had established over monetary policy. This Government should move to reverse that catastrophic error of Tony Blair's and Gordon Brown's. It is going to be blamed, so it may as well be to blame. What would the Labour Party say or do then?

But when I tell you that there is going to be a hung Parliament, then you can take that to the bank. I spent the 2005 Parliament saying that it was psephologically impossible for the Heir to Blair's Conservative Party to win an overall majority. I predicted a hung Parliament on the day that the 2017 General Election was called, and I stuck to that, entirely alone, all the way up to the publication of the exit poll eight long weeks later. And on the day that Rishi Sunak became Prime Minister, I predicted that a General Election between him and Keir Starmer would result in a hung Parliament.

To strengthen families and communities by securing economic equality and international peace through the democratic political control of the means to those ends, including national and parliamentary sovereignty, we need to hold the balance of power. Owing nothing to either main party, we must be open to the better offer. There does, however, need to be a better offer. Not a lesser evil, which in any case the Labour Party is not.


  1. Reeves is ridiculous.

    1. Jeremy Hunt should challenge her to a televised debate.