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Wednesday, 11 November 2009

Britain is Bankrupt and so is the Labour Party

LABOUR is facing an election crisis after being banned from spending extra money on campaigning.

The party has been forced to make drastic cutbacks after expected donations failed to materialise.

It is under strict orders from its banks not to increase spending, despite the looming general election.

Labour MPs defending marginal seats complain they have been “fobbed off” with “DIY tool kits” to make their own campaigning materials and have received no other support from party headquarters because of the cash crisis.

Labour’s banks have imposed a recruitment freeze on head office, and the party is operating just 20 of the 80 telephone lines it usually runs at its call centre in the months leading up to an election.

In a desperate move, Ray Collins, the party’s general secretary, tried to “seize” the party’s multi-million-pound property portfolio, made up of buildings owned by local branches around the country, in order to borrow against it.

However, his attempt was thrown out by members of the party’s ruling body, the NEC, who feared the assets might be at risk.

Labour’s dire financial situation has led to speculation that Gordon Brown could call the election earlier than May.

“We just can’t afford a long campaign,” an insider said.

source http://www.timesonline.co.uk/tol/news/politics/article6908003.ece

3 comments:

Anonymous said...

What goes around comes around.

Lets hope it's goodbye to the corrupt Blair/Brown Dynasty.

DT

Anonymous said...

I wonder if this is the case in South Wales as Labour scratched the backs of National Grid and allowed its people to be used as experimental human guinea pigs at the expense of the LNG Project.
It was Labour councillors that pushed through the windfarms on Betws mountain. Were there awards,I wonder.

Val said...

When the real pinch comes, hopefully it will help awaken ever more of our slumbering people.
As for Lie-bour Commies shortage of funds.
"I believe" They will once again dish out millions more of our money to their Comrades
The corrupt heads of chosen unions. Just to help them modernise you understand. Or some similar scam.
Then once again receive a large percentage back as donations. JMHO "Allegedly"