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Ed Miliband wins Labour leadership
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Re: Ed Miliband wins Labour leadership
Sep 26, 2010, 11:39
Moon Cat wrote:

I won't hold my breath, but you have to have some reason to get up in the morning.


I concur, but I'm getting pessimistic, especially as the banks have already succesfully talked down the first phase of regulation ideas. It'll drag on for another couple of years and eventually it'll get to the 'well, things are alright(ish) now, we don't need new regulations/limits'. All talk of reining in banks and big businesses will just be posturing. It's the public spending cuts where all the real actions, and their effects, will be felt.

There is nobody in any party with the balls or the understanding of the markets function to truly change them (and I include Vince Cable in that, he talks a good fight, but is horribly inconsistent).
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