Iain Dale, Conservative blogger, says some within both the Lib Dems and the Tories will "rip up their membership cards" if a deal is agreed. He tells the BBC that if party interest was paramount, coalition would be out of the question, but now both sides are putting national interest first so the rules of the game have changed.
I said this on the News Channel earlier as a statement of reality. Of course there will be party members in both parties who cannot see beyond narrow party interest and resign their memberships. I hope there won't be many of them, but it would be ridiculous to pretend that there won't be some refusniks. Everyone needs to concentrate ont he bigger picture here.
In normal circumstances I'd be arguing vociferously against entering a coalition, but we are not in normal circumstances. A stable government is an absoluet pre-requisite to bringing about a stable economy and tackling the deficit.