Been there done that….
September 22, 2010 4 Comments
I just listened to Vince Cables speech to Lib Dem conference. For many years I attended all the party conferences, so unlike many I have seen Lib Dem Conferences in action. I absolutely appreciate that at time a conference speech has to appeal to party members. I also appreciate that within the coalition you have two distinctive parties. What worries me is when Members of a Cabinet say things that for me are quite worrying.
If a Lib Dem backbencher critcisises Government policy that’s fine. They aren’t bound by Collective Cabinet responsibility. When you are in Cabinet the rules are different (unless some people have a free pass to sound off?).
Cable has recently felt it appropriate to criticise Government immigration policy. Personally I think it quite dangerous to be so openly critical when being a Member of the Cabinet.
Today he said something in his speech which seemed just a little strange. Please correct me if I heard it wrong, but when talking about the future of our economy and having mentioned banking he used the phrase “been there done that”. What? You as Business Secretary are saying that banking and financial services have had their day? What are you on about? Are you dismissing the contribution financial services and the City of London make to our economy, and will continue making to our economy? Frankly if you don’t want it I bet Frankfurt would jump at having the business.
Come on Vincent. You can bank bash all you like, but do not portray banking and financial services as a yesterdays industry in one dismissive sound bite to please you members.
(And I haven’t even mentioned your comment that capitalism kills competition comment!)