Friday, September 26, 2008

You Know Things Are Desperate When...

HARRIET Harman is the new favourite with the bookmakers to replace Gordon Brown as the next leader of the Labour Party, according to Ladbrokes this morning. She has replaced Foreign Secretary David Miliband at the head of Ladbrokes' betting. Harman, who re-built her career after being sacked from Tony Blair's first cabinet, is now 3/1 from 5/1 with Miliband out to 7/2 from 2/1.

3/1 Harriet Harman
7/2 David Miliband
5/1 Jack Straw
8/1 Jon Cruddas
8/1 Alan Johnson
12/1 James Purnell
12/1 John Denham
16/1 Alan Milburn
16/1 Ed Balls
16/1 John Reid
20/1 Andy Burnham
20/1 Ed Miliband
25/1 Caroline Flint
25/1 John Hutton
25/1 Yvette Cooper

26 comments:

  1. I see Ladbrokes haven't taken your bait - or indeed Fraser Nelson's on QT last night - that the Queen of Salford is a serious contender.

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  2. What a sorry bunch to have to choose from.

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  3. This shower of crypto-Communists and Britain-loathing Trotskyites shows exactly why the Great British public are so thirsty for a decent, honest government to give them their country back.

    There are no odds on David Cameron being Prime Minister - because the people of England know electing him is not going to be a gamble.

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  4. If every one of them on that list was doing a "beauty parade" that was hit by an asteroid, the only political reaction would be to thank God that no-one took Lembit Opik's asteroid defence strategy seriously....

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  5. Is this because she would have to be caretaker leader while a new PM is chosen, with either her or GB being PM until ballots are complete, as was Margaret Beckett after John Smith died.

    ie. is this a technical question rather than something important to bet on, unlike who ultimately becomes the next PM?
    .or are the bookies treating it as the same thing?

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  6. Not sure about Harman but am very sure that Miliband is NOT up to the job. His brother Ed seems far more capable

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  7. Iain,

    The story here is to see this market in relation to the 'Brown weeks' markets.

    The next permanent Labour leader after Brown will either be next PM or next Leader of the Opposition (even on current polls!).

    That Harman has risen to become favourite in this market whereas she is no more favoured in the next PM market implies that the money is moving towards the position that Brown will remain until the next election.

    There are Labour members who would support HH, but would balk at putting her in Number 10. Without the demands of the highest office being placed on the winner of the next leadership contest, she actually enjoys a distinct advantage over all other candidates in Labour's electoral college.

    Regards

    Morus

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  8. But why wouldn't John Reid be the next Labour leader then Iain?

    Do tell, do tell...!

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  9. This is not a time for novices, we need a proven incompetent in charge.

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  10. Hatty is hated more than Gordon (as we must now call him) - fantastic !

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  11. Much as I have been thinking would probably happen, and wrote about myself over two weeks ago.

    The signs were there, but not too obvious, so one instinctively knew what was really going on...

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  12. Harman as PM - what a Godawful prospect!

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  13. Cripes! The smug-one leader! It's enough to put one off one's favourite tipple.

    Looks like the "Wall Street Shuffle" is going to give call-me-Dave an easy time with attention focussed elsewhere.

    "Come back David Davis - all is forgiven"

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  14. Man in a Shed: "Hatty is hated more than Gordon (as we must now call him) - fantastic !"

    "Hatty"? Ms Jacques must be turning in her grave as that :-)

    Oh, and you are obviously Christopher Eccleston's Doctor Who; so that's one mystery solved and I claim my five pounds reward...

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  15. Hazel is NOT a realistic contender. Of the other betting, in my insider view, I'd say:

    3/1 Harriet Harman odds too short
    7/2 David Miliband odds way too short
    5/1 Jack Straw unlikely that a suitable scenario would arise
    8/1 Jon Cruddas more likely DL or some first ministerial job even
    8/1 Alan Johnson the value bet
    12/1 James Purnell nope
    12/1 John Denham another value bet
    16/1 Alan Milburn no chance
    16/1 Ed Balls no chance
    16/1 John Reid no chance
    20/1 Andy Burnham not yet
    20/1 Ed Miliband long shot value
    25/1 Caroline Flint nope
    25/1 John Hutton nope
    25/1 Yvette Cooper nope

    As well as Hazel they seem to have missed out Graham Stringer and John McDonnell.

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  16. Not a sheep said...

    What a sorry bunch to have to choose from.

    September 26, 2008 12:58 PM

    Oh really !!!!

    Top half of list has a number of high profile house hold names, as does the middle half, and come to think of it the bottom half also has a number of big well known names, and this doesn’t even include the last PM Blair

    May be you should give us a list of 14 people in line for Cambos job. I cant even think of 14.

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  17. I'd pay anyone for Hazel Blears to win!

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  18. Powerful woman. Winds up the opposition. Commentators have an unhealthy obsession with her. Unexpectedly ends up as Party leader to the bafflement of many.

    Could Harriet Harman be Labour's Margaret Thatcher?

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  19. Chris K - if she finds some proper talent, maybe...

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  20. My only interpretation of HH moving ahead of Miliband is that the market sees Labour looking for a caretaker to lose the next election and quit in favour of the next "proper leader" who'll rebuild from the ashes. I suspect some saw John Major as that in 1990.. only to be confounded by his performance in 1992.

    If Miliband senses the game's up for the next election, he'd be a fool to take the gig.

    Suspect history will judge Gordo's coronation as one of Labour's less smart moves!

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  21. "You know things are promising when..."

    Cruddas moves up the betting order?

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  22. "Miliband is NOT up to the job. His brother Ed seems far more capable"

    But Dave would give his brother a Chinese burn if he tried to have a go at the top job first...

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  23. Good news. She is even more hateable than Gordon Brown. She is also stupid, incoherent, a radical feminist and sure to piss off as many of her friends as enemies.

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  24. They're all useless!

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  25. I thought it would be amusing to see how many of these had worked in what most people would regard as “normal” or “proper” jobs, rather than lawyers, researchers, analysts etc.

    Work experience before becoming an MP (from Wikipedia):

    Harriet Harman 4 years as lawyer
    David Miliband 5 yrs policy analyst then 7 yrs for Blairs policy unit
    Jack Straw 10 yrs as lawyer/researcher/at ILEA/political advisor
    Jon Cruddas 12yrs working for Labour party
    Alan Johnson 22 yrs in Tesco/postman plus 10 years as full time union official and General Secretary
    James Purnell 5 yrs as researcher/at bbc then 4 yrs at number 10
    John Denham 15 years FOE/British Council/War on Want/Oxfam
    Alan Milburn 13 years bookshop /council/ trade union
    Ed Balls 4 yrs writer for ft 10 yrs advisor to Gordon brown/Treasury
    John Reid construction / insurance / officer for labour (indeterminate period, ~20 yrs?)
    Andy Burnham 7 yrs researcher / parliamentary officer
    Ed Miliband 3 yrs journalism then 12 yrs labour speechwriting / researcher
    Caroline Flint 13 years ILEA / council union officer
    John Hutton 11 years as lecturer
    Yvette Cooper 5 yrs policy advisor /researcher plus 2 yrs as journalist

    Holders of “proper” jobs for a significant time (11-32 years)
    Alan Johnson
    John Reid
    John Hutton (if lecturing included)

    Holders of “proper” jobs (Journalism) for a short time (2-4 years)
    Ed Balls
    Ed Miliband
    Yvette Cooper

    Dyed-in-the-wool politicos / lawyers
    Harriet Harman
    David Miliband
    Jack Straw
    Jon Cruddas
    James Purnell
    John Denham
    Alan Milburn
    Andy Burnham
    Caroline Flint

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  26. Anon 2:36 PM Said:

    'Top half of list has a number of high profile house hold names, as does the middle half, and come to think of it the bottom half also has a number of big well known names, and this doesn’t even include the last PM Blair

    May be you should give us a list of 14 people in line for Cambos job. I cant even think of 14.'


    So, this list has a top half, middle half AND bottom half......not very numerate are you?
    Are you Alistair Darling by any chance?

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