Saturday, February 14, 2009

Classic Stuff

You have to admire the speed by which the Labour spin machine tries to knock big stories out of the news cycle:

This should have been the big story today, and it will remain a headline for most of the weekend I would imagine. It's how the deal Gordon Brown brokered between HBOS and Lloyds has been a disaster, and how the group will lose some £11 billion this year.

But what was dominating the headlines until recently - and which may do again - is this guff. News that Gordon Brown is considering, maybe, possibly doing something about final salary pensions - particularly those of MPs. All he has actually done is called for an investigation - his usual buck-passing technique. But for a couple of hours at least, this 'man of the people' story stole the limelight from his familiar economic incompetence.

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