The credit crunch must have a very adverse effect on new labour?s finances with all their debts & very little support from the UK electorate.
In fact they have disenfranchised the British working class, the Labour party?s core supporters.
They are going to lose the next election (I don?t know of anyone who thinks otherwise) and their credit rating is very poor.
So whom would lend them money & under what terms?
Will the UK taxpayer (& their kids) end up paying more for new labour's deluded ineptitude?
http://www.order-order.com/2 006/10/credit-risk-agency-warns-on-labou r.html
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