Saturday 5 November 2011

The world turned upside-down ... @No 10

It's been fairly quiet in Downing Street! But that does not mean that things are hunky-dory for either Georgy Osborne in No 11 or for 'Boy David' Cameron in No 10. In fact, Arturo told me that he thought both their worlds had been turned on their heads.

Arturo is right, of course. The world has been turned upside-down because of the comings and goings at the G20. 'Boy David' Cameron's nose was firmly put out of joint by that funny little man with the happy-sad face reminiscent of a Charlie Chaplin character - Sarkozy. The two never seemed at ease in each others company. Now the frost has become a veritable glacier and Cameron knows not what to do!

Of course, Cameron is damned if he does and damned if he doesn't. By that I mean - if he pals up to Merkel and Sarkozy and offers a few pounds sterling as a gesture of goodwill then he has trouble back home. And does he have trouble back home with anyone? Well, he sure does! He has about eighty backbenchers who would be prepared to lynch him without turning a hair if he so much as smiled at Sarkozy!!

On the other hand - if he plays the cool Englishman card too often with the Europeans, then he'll get another Gallic slap in the face! Poor old 'Boy David'!

He is in a real dilemma. He told various people at the G20 meeting that the British economy is getting worse as the euro crisis remains unresolved.

That may be true - in fact it's very likely to be true. However, Cameron does have an uncanny way of always blaming others for his problems. He constantly harps on about the 'legacy of debt' left to him by Labour. Now, if it's not that ghastly Papandreou - it's that irresponsible Berlesconi or perhaps it's that tight-fisted Merkel woman or even the dancing master - Sarkozy. Of course, it is never Cameron himself!

There is one person who must be getting quite worried about all this! Cameron will soon be running out of people to blame. There is one fellow, very close to hand, who must now be teetering on the brink of 'blamedom'! That fellow is none other than Georgy from next door!

How so, do you ask? Well, just think about it. All Prime Ministers like to boast about their Chancellors. Until that is ... the economy starts to go wrong. Then, sensing blame may be heading to the doors of No 10, the PMs all turn their heads to the obvious fall-guy - none other than the 'brilliant', 'marvellous' Chancellor!

Poor old Georgy, as Fraser Nelson editor of 'The Spectator’, writes in the Daily Telegraph in his article : The eurozone crisis can’t hide George Osborne’s shortcomings for ever

Osborne’s path is a slow one. He’s cutting less over four years than Denis Healey managed in one year. The risk he faces is that, when he comes to fight the next election, a debt-burdened Britain will still be limping to recovery, while countries that genuinely front-loaded the pain – such as Ireland – will be recovering at Estonian speed. Then he will have some explaining to do. The G20, for all its rich comic potential, is a sideshow. The notion of global economic leadership is a chimera. Recovery begins at home.
http://www.telegraph.co.uk/finance/g20-summit/8867817/The-eurozone-crisis-cant-hide-George-Osbornes-shortcomings-for-ever.html

But maybe, Georgy won't even make it to the 'next election'! If the flat lining gesturing from 'Mesmer eyes' Balls every time Georgy stands up in the Commons actually materialises, Cameron may steel himself and decide friendship or not, Etonian brotherhood or not - Georgy Osborne will have to go!

Georgy is no fool - he sees the writing on the wall himself. He knows that he has to find a rabbit to pull out of the hat. He seems to doubt he will find one.

Fraser Nelson in his article writes:

I’m told that the Chancellor has been feeling glum recently, and has started to talk about the future with the proviso “if I am still here next year”. For all his superficial confidence, which his critics portray as arrogance, he is all too mindful of his vulnerability. A chancellor who is seen to have failed cannot stay, no matter how strong his friendship with the prime minister.

Oh dear! Oh dear! Maybe Arturo will be getting a new master!

'Bye'


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