Evening all,
Something that I have read on the Guardian's website from Andy Marr's other half. In the interesting piece, Jackie Ashley suggests that one way out for Chairman Brown is as the figurehead of a new global financial regulator.
It is something that is seen as possibly a bit of a goer with the German Chancellor Anglea Merkel being the one pushing it the most, Obama can be won over according to her source, and even Sarkozy could be seen as supporting this - seeing Brown off the European stage would please him from ear to ear!
A few thoughts come to mind immediately. The first and most obvious thought is whether Brown is now qualified to be such a regulator. Well it isn't like Britain's economy is doing too well at the moment, with further news today that 850 jobs have gone with immediate effect at BMW's plant in Cowley. Pictures of workers being told the grim news beam across the 24-hour news channels, further images that will tarnish Brown's reputation for economic competency.
The other thought is that Brown would not want to leave the Labour Party on its knees which is where it is at the moment. With an 16 point deficit behind the Tories in recent opinion polls, surely any resignation from Brown would almost certainly force the Party into an election it would lose and lose as badly as Major did in 1997, if not worse.
So there we stand tonight - a possible, stress possible scenario for the coming few months. Chairman Brown must be feeling somewhat blooded and bruised after a catastrophic last few weeks. Self-belief is not going to be enough anymore for Brown to survive for much longer. As I write tonight, the lieutenants at Labour HQ must be asking whether it would save a few seats with a different leader. It is a remarkable thought, but these are remarkable times we live in.
Night, Night
Rob :)
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