The rich have discarded New Labour

The newspapers, the radio and the television have been telling us for some time that Gordon Brown is a busted flush and has to go. I can see why all of these (apart from the BBC) would propagate this view. For the media proprietors and their friends New Labour has run its course. Blair and Brown have presided over a lax regulatory framework, sold off national assets at knockdown prices, and done deals to mortgage the nation’s future under banners like PPP and PFI. And the beauty of it was that Labour was supposed to be the party of the poor. But they are no use to anyone now.