Wednesday, May 12, 2010
For the record
BBC: Full Text: Conservative-Lib Dem deal
This document sets out agreements reached between the Conservatives and Liberal Democrats on a range of issues. These are the issues that needed to be resolved between us in order for us to work together as a strong and stable government. It will be followed in due course by a final Coalition Agreement, covering the full range of policy and including foreign, defence and domestic policy issues not covered in this document.
Posted by dill @ 03:48 PM (1239 views) Add Comment
9 Comments
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1. doomwatch said...
ConDem'd.
2. doomwatch said...
Absolutely no detail at time of deal. Not worth the paper it's written on.
"We further agree to seek a detailed agreement on taxing non-business capital gains at rates similar or close to those applied to income, with generous exemptions for entrepreneurial business activities."
3. uncle tom said...
Note this bit:
"The parties agree to the establishment of five year fixed-term parliaments. A Conservative-Liberal Democrat coalition government will put a binding motion before the House of Commons in the first days following this agreement stating that the next general election will be held on the first Thursday of May 2015. Following this motion, legislation will be brought forward to make provision for fixed term parliaments of five years. This legislation will also provide for dissolution if 55% or more of the House votes in favour."
OK, so the date of the next election will be fixed, unless 55% of the House of Commons votes to do otherwise. Put another way, the government will not be able to lose a confidence vote, and be forced to call an election, if they have 45% of the Commons supporting them.
As the Conservatives now have just over 47% of the seats, this means that once this law is passed, they will be able to tell the LibDems to get stuffed and still remain in office.
Hmm... interesting...!
4. letthemfall said...
Yes, that is an ominous clause. Also the bit about the Libdems abstaining in certain cases, not voting against. ie the Tories can steamroll through their own policies.
5. uncle tom said...
letthemfall @ 4
Yes, there's actually no need for the Libdems to vote on anything, provided they don't vote against - the combined might of Labour and the other MP's is well short of the Tory vote
6. titaniccaptain said...
The Lib Dem and Tory Party whips will be thrashing away like Lester Piggott on Derby day after 4 grams of cocaine trying to keep order!
Can't believe how much ground Cameron has given away and neither can his backbenchers.
Here's one I prepared earlier.
http://www.economicvoice.com/cameron-breaks-first-election-promise-before-he-enters-no-10/50010042#axzz0njM3oxZV
7. alan said...
On the other hand, the document is signed up by two parties who polled a substantial number of votes in the recent election. I wish them well, they have a host of problems to sort out - their collective "in tray" is not for the faint hearted!
8. The Bull Trap said...
Just wait for the budget I say.
9. str 2007 said...
alan agreed
I think the Lib Dems have done well to get the agreements they have.
I think most of us would be moning if Labour had done a deal with the Lib Dems.
The fact they've managed to get the basis of an agreement together in 3 or 4 days is a good sign of them being able to agree on the finite detail (lets hope so anyway).
Basically the markets and sterling haven't collapsed and hopefully we can get on with reducing the debt and deficit.
One things for sure, none of us want to be contributing our hard earned to a £60 billion pa interest bill in a few years time for Gordon Browns inept profligacy.