After asking a few days ago, in the wake of criticisms from John Major, David Blunkett and Jack Straw of the parties whose governments they served in, we asked who would be the next political elder to defect to UKIP.
The defection, when it came, was a shock. Ken Livingstone turned against Labour and the loonytoons economics advocated by shadow chancellor Mr. Bollocks and embraced Thatcherite monetaraism.
from The Daily Telegraph:
Ken Livingstone, the former Mayor of London, has accused the Labour party of cowardice for building up billions in debts rather than taking difficult decisions on tax cuts and spending.
In a speech to a campaigning group on Saturday Mr Livingstone accused Gordon Brown of borrowing too much in the boom years.
Mr Livingstone said: Gordon Brown was borrowing £20 billion a year at the height of the boom in the first decade of this century in order to avoid having to increase taxes, because he wanted to increase public spending.
The former Mayor described the racking up of debts as an act of cowardice on the part of the Labour party.
Mr Livingstone appealed to Ed Miliband, the Labour leader, not to borrow more. Referring to Mr Miliband and Ed Balls, the Shadow chancellors, plans for the economy, he said: I dont believe that borrowing is your way to the future.
As Livingstone is going against Labour’s traditional policy of saddling future generations with unserviceable levels of debt inh order to buy working class votes by handing out cash benefits, we must assume Red Ken’s political career is over.
On the other hand it might just be that he’s the same old hypocrite he always was and will embrace anything he thinks might help him cling to a sliver of power a little longer. I mean, he’s already endorsed Sharia Law and you can’t get any more conservative than that