Wednesday, 30 December 2009

Labour's Financial Backers



Labour's campaign war-chest has been given a £2.25m top-up ahead of the general election.

The boost from three wealthy Labour backers comes ahead of a new year fundraising drive assisted by David Blunkett.

The latest large donations to Labour came from Lord Sainsbury, the former science minister and financiers Nigel Doughty and Sir Ronald Cohen. Sainsbury and Doughty gave £1m each while Sir Ronald donated £250,000.

In September Labour's debts of £9.8m were more than double the Tories £4.2m.

A new internet fundraising initiative is also set to go live after New Year. Gordon Brown must hold an election by June at the latest.

Blunkett said: "We know that those with a vested interest in the election of a Conservative government are pumping money into the Tory coffers.

"Our job is to ensure that the voice of the people, not just those with the power of privilege, is heard through to polling day."

The power of privilege? Mr Blunkett and the labour party know all about that. Nobody has more privilege in this country than our elected politicians along with other members of government such as the judiciary.

Why are political parties allowed to run up debts into the millions without any action being taken? Ah, that'll be another example of the power of privilege.

21 comments:

Corrugated Soundbite said...

"Our job is to ensure that the voice of the people, not just those with the power of privilege, is heard through to polling day."

Hmmm. Interesting statement by Blunkett there. That'll be why their donors seem to consist of Lords and Sirs (with no vested interests).

Strathturret said...

I'm not an accountant but I guess all political parties are technically bankrupt. As long as they have members who are prepared to write them an occasionally cheque (guilty) they are okay.

Quiet_Man said...

And yet only today Jack Straw was complaining in the Independent that the Tories were trying to buy power via Lord Ashcroft. The hypocrisy of these people knows no bounds!

Strathturret said...

My complaints in Scotland is that both the 'evil two' spend money raised outwith Scotland; thats not democracy!

Dick Puddlecote said...

"Labout"

Is that a subliminal wish or a prediction?

Catosays said...

'Voice of the people'

How very interesting coming from a party that professes to be of the people yet takes no notice of them once the 'x' has been put to paper.

Hypocrites!!

Oldrightie said...

Labour will win the next election courtesy of the unlimited slush funds of The EU.

subrosa said...

C Soundbite, you're quite right. Labour cuddle up to the elite just as much as the tories.

subrosa said...

We wouldn't get away with being technically bankrupt though Strathturret. Surely if they're that then they can't pay their debts?

subrosa said...

Doesn't surprise me one bit QM. Labour are more class conscious than the tories anyway.

subrosa said...

No it's not democracy Strathturret. I just thought I'd record the tory and labour backers so as we have it in the months to come. Always handy to be able to cross reference. :)

subrosa said...

Erm Dick... that's my favourite typo. Didn't you know? :)

subrosa said...

Aye, Cato, I found that quite amusing that bit too.

subrosa said...

OH OR don't say that. Don't the tories and labour get similar amounts?

Jeanne Tomlin said...

And they have guaranteed that the many Americans with Scottish ties can't donate to any Scottish party, not that I would. *whistles innocently*

subrosa said...

Jeanne, being such a pillar of the community I'm sure you wouldn't break any rules about donating to any Scottish political party.

banned said...

Someone else might equally have said ""We know that those with a vested interest in the election of a Socialist government are pumping money into the Labour coffers.
"

subrosa said...

Exactly banned. Good quote to use during the election both of them.

forfar-loon said...

Interesting stuff subrosa. Never in the field of Labour endeavour has so much been owed by so many to so few.

PS I'm sure you know already but Iain Dale has given you a plug. You're undoubtedly now Scotland's prima bloggerina :o)

Dramfineday said...

"Our job is to ensure that the voice of the people, not just those with the power of privilege, is heard through to polling day."

Ha, ha,ha,ha,ha,ha,ha,ha.....etc.,
And it wasn't made up but expressed sincerely! Ho,ho,ho,ho.....stop it I'm sore!!!

Any one recall how he voted when they put my tax up to 20%

subrosa said...

I remember how he voted Dram. In fact I'll never forget it.

Happy New Year to you and yours.

Related Posts with Thumbnails