The Mudcat Café TM
Thread #103446   Message #2107544
Posted By: Folkiedave
20-Jul-07 - 08:50 AM
Thread Name: BS: Cash for Peerages. Cover up or witchhunt
Subject: RE: BS: Cash for Peerages. Cover up or witchhunt
The correlation between making large donations to the Labour Party and receiving an honour is extraordinary. Statistical analysis shows that 58.54% of all donors giving more than £50,000 to the Labour Party receive an honour. This compares to just 0.035% of non-donors. Large Labour Party donors are 1,657 times more likely to receive an honour than a non-donor and 6,969 times more likely to receive a peerage. It is almost impossible to avoid the conclusion that the Labour Party has been selling honours, including places in the House of Lords. An analysis of all donations over £50,000 since 2001 reveals that Honour certainly has its price. We publish below the average amount donated by the recipients of various honours – an "Honours Price List". Those receiving a Peerage have given £1.07 million on average, and a Knighthood £747,000...

Source : The Price of Dishonour

Funding Facts:

       * 80% of Labour's election funding came from the covert Loans for Lordship program.
       * Every donor who has given the party more than £1 million has been given a knighthood or a peerage.
       * Three quarters of those individuals who have given more than £50,000 to the Labour Party since 2001 have received an honour.

Stinks almost as bad as the Tevez Affair.