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Friday, December 17, 2010


when nick clegg was a whippersnapper you can imagine him in the local park hogging the roundabout and just going around and around and around and around.

who would have thought that would be his attitude to policy when he became a politican. we have seen his change on tuition fees, less heralded was the liberals dropping fair pay transparency and now he is hinting at a volte face on the sheffield forgemaster's loan. the loan was refused because the government claimed that they didn't have the money to be able to loan forgemasters in order for them to build parts for nuclear power stations.
it was a loan. it was a labour government loan. it was a labou government loan to a company in sheffield a city of labour mps.
oh well that couldn't stand.
loan cancelled.
so no parts for nuclear power stations (which are going to be important to the low carbon targets), no extra manufacturing (which would help with the restructuring of the economy away from finance services), no extra jobs.
nice one.
while there was no money for forgemasters - lots more money was found to loan ireland, the chancellor must have found some loose change down the back of the sofa.

now nick is saying "maybe".
perhaps too late.

have to say all those people who jumped on the 'i agree with nick' bandwagon must be kicking themselves now.
don't worry i blame you all.

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