McGrath,

I think Labour backed out because they believed they would attract disenchanted liberal voters into their ranks.

This appears to be true and I have heard it alleged that liberal voters are deserting in vast numbers to join labour.

Labour would therefore benefit under a future FPTP election if the Lib/Con coalition were to collapse.

They would also be likely to stay in power for a long time, by exploiting the slogan "a liberal vote is a tory seat" for years to come.

I believe that the liberals may have anticipated this and that they may hope that it will compel the tories to campaign for PR to prevent the inevitable labour landslide whenever this adminiistration falters.



Teribus.

"they and they alone are responsible for the mess as they and they alone created it."

Exactly how did the Labour party in Britain cause a global banking crisis, and how did they engineer it to begin in America?