George Osborne saw what was happening early on. Last November, as he responded to the pre-budget report, he remarked with decision: ‘’In the end all Labour chancellors run out of money and all Labour Governments bring this country to the verge of bankruptcy.’’
This week, Mervyn King may have saved us from the brink by publicly opposing the further borrowing on which Brown is so ken. If only he could save us from the shameful wasting of the public purse by other Labour MPs. Further revelations have exposed Tony McNulty, Employment Minster, and Dawn Butler, Assistant Government Whip, for funding two homes IN LONDON out of our money.
This week’s events would provide further illustrations of why the public are so cynical and distrusting of politicians. Their Prime Minister has to be publicly shamed into fiscal responsibility by the Governor of the Bank of England, Labour MPs are dishonestly lining their pockets with public money and Labour peers are being investigated for cash-for-amendments.
