Should the Conservatives ever get the chance to come to power the humiliation of Gordon Brown is going to be monumental. Not the losing of ill-gotten office but the steady dismantling and correction of everything he has done in the last destructive dozen years. Beginning with the deliberate opening of the gates to lack of financial regulation and opportunity for Kasino-Kapitalismus he ushered in as his first act as Chancellor of the Exchequer.
'The U.K. opposition Conservative party will soon appoint a panel of City experts and former regulators as they look to push their plan to transfer regulatory powers from the U.K's financial services regulator to the Bank of England, a senior party official said Thursday. The panel, which would form before the year's end, underscores the party's determination to counter concerns about the disruption the abolition of the Financial Services Authority could cause.' (Wall Street Journal).
The Brown regime's concerns are well-founded. Just wait until the Bank gets its hands on all the goings on that have led us to our present situation; disruption is the kindest word that could be used.
We're-just-getting-on-with-the-job-and-the-agenda Margaret Cole, the FSA's director of enforcement said,
"We start on the basis that we will prosecute criminal conduct unless there is a reason not to do so. We are determined to make full use of our criminal prosecution tool in the interests of gaining maximum deterrent effect,".
It's so to be hoped that the 'criminal prosecution tool' is to be handed to the Bank as well.
And imagine the undoing of all those morally hazardous, client state-building welfare and tax policies, as Frank Field's welfare reforms, so vulgarly trashed all those years ago, are put into place.
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If Cameron does come to power it will be due to G.Brown's failure, not Cam's success. The failure of Brown is palpable, it pervades politics so much you can chew it. But I think the real humiliation is going to be when GB is out of the picture and people begin to see what the Tory party is today, and be dissappointed. Much like when the gloss came off Bliar, the great hope for the future, the antidote to Thatcherism. Didn't turn out too well did it? With BG being so bloody awful Cameron really should be riding higher. He isn't. I don't think it bodes well.
Hello P, 'it pervades politics so much you can chew it.' Precisely.
People on Political Betting, who nerd about this sort of thing, write that we musn't compare poll statistics from the New Dawn with poll statistics now, so I don't - far be it from me to argue with them, not least because they're right.
But the boding is still there. There's going to have to be a Conservative disengagement with the European Union, regardless of ideological commitment or even common decency, if any future UK administration is to have any import at all. That's why the regime hangs on. If only they can get Lisbon through they can not so much be thrown out of office in the UK but abandon it, for so much power will pass to the EU.
So, as an indicator of intention to keep and use power in our nation state, I do take encouragement from the Conservative rejection of the post democratic EU consensus that exists even on the centre right.
Also, Frank Field's welfare reforms must be welcomed by any of us, and the return of the Bank's powers to curb elites exploiting the rest of us.
The EU guide to pissing away other peoples' hard-earned money
I fear you're hoping for too much from Balloon Head and his snooty pals, but I hope you're right. I dream of an executive order like that at the Restoration in 1660, when everything was wound back to 1648 and all in between was cancelled.
But if the next GE looks like a walkover, there's no incentive - it'll be a matter of treading water, twiddling thumbs and promising and doing as little as possible.
It's not the doing that exercises me, but the vast amount of undoing that needs to be done.
Imagine the undoing of all that.
I do, often.
But as you and I both know, such undoing is in the realms of fantasy and nowhere else.
Cameron will roll back nothing. He is no Maggie. The political class is entrenched, and he is a fully paid-up member of it. Nothing will change.
But despair is a sin.
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