29 January 2010

Brown’s nightmare

While the focus is on Blair, we should try keep up with other news.  This small matter will certainly keep Gordon Brown up until 3am.

Standard & Poor's have had enough of Our Dear Leader and his attempt to save the world.  They have dropped Britain's banking system from Group 2 out of 10 to Group 3 – alongside the likes of Chile and Portugal.

A similar fate was suffered by Ireland three months before the country lost its AAA credit rating.

Now, three months takes us to the end of April, just days before we are expected to go to the polls.

A March or May election?  Such is the dilemma facing Gordon Brown.  Thankfully, he can’t blame anyone else if he makes the wrong call, not that it will make much difference to the result.

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