Rarely do chief executives who have presided over a corporate catastrophe resign in a dignified fashion. Instead, they cling on – promising, absurdly, that they owe it to their shareholders to work with every bone in their bodies to restore the company to former glories – until eventually and brutally they are shot dead in the saddle.
That's where we find ourselves in British politics today. Devoid of new ideas, exhausted, riddled with scandal, and faced with the Herculean task of slaying the leviathan of public spending that they created, Labour ministers ask to be given another chance to prove themselves.
Read Full Article »