Stephen Hester’s demise, and a Labour Party that makes the US Democrats look Hard Left by comparison

When people ask me why I no longer have any faith in the UK Party system, what I usually answer is, “All you need to do is look at the incessant stream of hypocritical point-scoring that goes on about utterly irrelevant things”.

In recent months, the My Tribe Right or Wrong bollocks has been best made flesh by Dan Hannan, a bloke devoid of any generosity towards the other side whatsoever. His colleague and harder Libertarian James Delingpole performs a similar act in the theatre-circuit formerly known as the Climate Debate. But taking the biscuit today is Labour’s Shadow City minister Chris Leslie, who said that the ‘market upheaval’ following Stephen Hester’s ousting at the Royal Bank of SMEswindling (RBS) was clearly a result of the Chancellor’s “changing of policy towards the bank”.

Mr Leslie told MPs that a 6% fall in RBS’s share price had wiped about £2bn off the taxpayer’s holding, suggesting to anyone awake or in possession of ethics that the Labour man clearly puts meaningless fiat currency share values way, way above anything to do with why Stephen Hester has been the head of a publicly owned bank engaged in n0n-stop anti-entrepreneurial crookery since the day the fat, bald and obese Hester started there.

In December 2010, The Slog posted about why – although I detest the unquestioning Stateism of Labour – the British people really do need a replacement for it. I can’t help feeling that this opinion looks more accurate with every month that passes.

Yesterday at The Slog: Bringing home the bacon, aka gold