It is almost getting comic. Our politicians now seem to be indulging in a competition to see who has the most impressive hairshirt. Still, it makes a nice change from troughs.
After the PM's lamentable effort last night, this morning it was the turn of Nick Clegg, who took on the role of "outraged of Tunbridge Wells" in his Today Programme interview. He said he would give the taxpayer the whole gain from any financial gain he made on his second home. Ah, said Evan Davis, what if you make a loss. Clegg did his goldfish impression. He clearly hadn't thought about that at all. Make policy in haste, repent at leisure. Davis let him off the hook. Clegg then claimed he had always intended to do this anyway, long before the current crisis. Can any reader point to when he has said this before?
Oh well, another auspicious start to another day in the Westminster mad house commences.
UPDATE 11am: I did Nick Clegg an injustice. THIS Times report from April 9th shows that the policy had been raised before and he was aware of the negative equity issue, even though he hadn't yet found a solution.