Cameron’s Eurosceptic Containment Strategy is Failing – Progress
Steve Jobs RIP, a Great Conservative – Milo Y
Rainbow Tories – Standard
Scot Tory Spinner Suspended – BBC
Not Much Fight to Keep Scottish Tories – Nik Darlington
May Was Right – Mail
Wise Words For Ms. Trimingham – Anna Raccoon
The £4m Namecheck – Political Scrapbook
The Political Trade Fair – ConservativeHome
Cam’s Hopey Change Thing – Paul Waugh
The Dog Days Are Not Over Dave - The Commentator
Carina Sues Mail Over Huhne Affair Reporting – Telegraph
Flat-lining, Thanks George – LabourList
Learn to Love the Market Again – Liz Truss
May Sets the Tone – The Commentator
Boris and Cam Love In – Paul Waugh
Guido Unfit For Office – Portland Quarterly
Investors Chronicle on Osborne’s corporate bond purchase programme…
“If banks know they can pass on credit risk to the state, they’ll not bother to assess it properly. Like US mortgage lenders, they’ll lend to every fool and con-man who walks through the door. Yes, lending will flow freely, but to the worst malinvestments – all of them underwritten by you and I.
This isn’t the only likely source of malpractice. What if the government were to buy (say) the bonds of Tesco but not Sainsbury’s? This would give the former a state-sanctioned competitive advantage. Even if we disregard free-marketers’ quibbles about distorting price signals – and we shouldn’t – this is a recipe for lobbying, rent-seeking and outright corruption.”
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