Archive for June 26th, 2016

Political Meltdown: Get A Grip!

Sunday, June 26th, 2016

They said ‘Nothing will change immediately’ if we go Brexit.

No. The market and sterling have sunk and are just about afloat, Moody’s has downgraded the UK’s credit rating, the prime minister has resigned, so have half the shadow cabinet in an attempt to rid themselves of the hated Corbyn, the government is split and all but dysfunctional, no party grouping actually has a majority in the Commons except for Remain MPs cross party, the UK is now in the process of breaking up, with Scotland pursuing its own agenda both domestically and in Europe.

There is total silence from Leave except to row back from the undeliverable promises they made in order to win. Nobody has a clue what happens next. To all practical purposes there is a state of political collapse of a kind unknown in the United Kingdom. There has been nothing like this in peacetime nor in war. All we can say is that it is a mess beyond everybody’s wildest imagining and, worse, nobody knows where we are headed, or what damage has been inflicted on the EU itself. Because make no mistake, if that goes pear shaped, there are no sunny uplands awaiting the surviving remnants of the UK.

The markets will need to be very patient. We will see tomorrow. And a final thought. Never were the risks of having no codified written constitution more obvious, a danger that may in the end prove fatal to the ongoing notion of Great Britain.

Labour in Turmoil: Be Careful With Corbyn

Sunday, June 26th, 2016

At last New Labour in parliament judges its moment has come and is mounting its attack on Corbyn’s leadership. This Blog exhaustively has studied why Labour lost in 2015 and where the votes to give it victory were to be found and they are not where New Labour supposes. Corbyn has the biggest popular mandate of any political leader in Britain, signatures on an online petition backing him are approaching 180,000, Labour upped its vote in the two by-elections under his leadership by a greater margin than polls suggested and did much better than everybody was spinning in the local elections, where Labour’s vote was nearly 4% up and the Tories 4% down. He has added more than 200,000 members to  the Labour membership to make it the largest political party in the UK by far.

But the big snag to most of the parliamentary party is that Corbyn is far to the left of their establishment sentiments. They are too blinkered to see that it is in the unfairness and inequality of our banker dominated economy which New Labour helped build, which has abandoned the old industrial heartland and  impoverished large parts of the United Kingdom, that the key votes are  to be harvested to give a crushing Labour win in 2020. These forgotten political areas where UKIP picked up over 3 million votes and which New Labour abandoned, are also the ones that voted Brexit. That is not Corbyn’s fault. It is New Labour’s. If the parliamentary party goes to war with its members in the country, it will have signed its death warrant, which will be carried out in a spectacular electoral massacre in  2020. Just like the SDP in 1983.