Tag Archives: vince cable

Stephen Tall

Another day, another survey showing Vince Cable to be the British Obama*

By Stephen Tall | Fri 23rd January 2009 - 6:37 pm

In fact, this one came yesterday and we at LDV missed it. But frankly it’s becoming almost passé to note that the Lib Dems’ shadow chancellor is more trusted than any other politician to sort out the current financial crisis. Still it’d be a shame not to record the moment, as measured by a ComRes survey of 220 business leaders for the Independent:

Vince Cable, the Liberal Democrat Treasury spokesman, who predicted that the housing and personal debt bubble would burst, enjoys more trust in the business world than Mr Brown, David Cameron, the Chancellor Alistair Darling and his Tory

…

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Mark Thompson

Confessions of a ‘Newbie’

By Mark Thompson | Wed 21st January 2009 - 3:20 pm

I went to the one-day Lib Dem policy conference at the London School of Economics at the weekend. As a fairly new member of the Lib Dems (I joined a few months ago) I was curious to see what happens at these sort of events and was also looking forward to it. I attended with Darren, a fellow member of my local constituency branch in Bracknell, who has been a member for a while longer than myself.

The first thing that struck me was how open everything was. The 300 or so people who were there, who included councillors, …

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Posted in Op-eds and Party policy and internal matters | Also tagged , , , and | 4 Comments
Millennium Elephant

The Elephant Interviews… Vince Cable: the man who knows

By Millennium Elephant | Wed 21st January 2009 - 2:53 pm

Happy New Year fluffy friends!

As you know, 2009 is going to be a bit of a TRICKY year for the economy. Mr Frown, the Prime Monster, is throwing money at the problem like there is no tomorrow (and who knows, if there’s a General Election, he may be right at least as far as his government is concerned).

Meanwhile, the Conservatory Party under Mr Balloon has drafted one-time Chancellor Mr Ken Clarke, who knows a thing or two about tripling the national debt!

So with that in mind, who better to talk to than Mr Dr Vince Cable, Great Britain’s …

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Posted in Blogger Interviews | 4 Comments
Stephen Tall

CommentIsLinked@LDV: Vince Cable – A desperate attempt to revive a corpse

By Stephen Tall | Tue 20th January 2009 - 7:16 pm

Over at The Times, Lib Dem deputy leader Vince Cable explains that the second bailout shows that the Labour Government has acted as imprudently as the banks themselves. You can read it in full here – and I recommend that you do – but here’s an excerpt in case you need any further tantalising:

It is clear that the conditions set by the Government over the original capitalisation was a sham. No effective monitoring and controls were put in place to ensure that the money went where it was intended. The banks do not even seem to have been required

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Posted in LibLink | Also tagged , and | 2 Comments
Alex Foster

Another radio update

By Alex Foster | Mon 19th January 2009 - 7:01 pm

As highlighted on LDV last week, Lib Dem deputy leader Vince Cable was Kirsty Young’s guest on BBC Radio 4’s Desert Island Discs, broadcast on Sunday, repeated Friday (9.00 am), and available online during transmission (but not, I’m afraid, via ‘Listen Again’).

His musical choices are on the Beeb’s website here. His top book and luxury item?

Book: A Brief History of Time – Stephen Hawking
Luxury: An Aston Martin car

His appearance generated a fair few headlines:

‘Two rings’ Cable is Mr Romantic (The Times);
Cable reveals his speedy ambition (BBC Online);
Cable tells of being disowned by father …

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Alex Foster

BBC Radio 4 Alert

By Alex Foster | Fri 16th January 2009 - 4:05 pm

Three programmes, one passed, two upcoming, on the Beeb’s spoken word channel might be of interest to our readers.

Yesterday’s In Our Time covered Henry Thoreau – the American philosopher and naturalist previously discussed here on the Voice in one of our extracts from the Dictionary of Liberal Thought. In Our Time is one of very few Radio 4 programmes where past programmes are available in perpetuity. Currently the link is here.

Happily More or Less, a half-hour programme discussing the maths and statistics currently making the news, is another of those programmes where they leave previous …

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Stephen Tall

Vince condemns “long, shabby and disreputable treatment” of Equitable Life policy-holders

By Stephen Tall | Fri 16th January 2009 - 9:54 am

From today’s Times:

One million savers were given an apology — but no promise of early compensation — when the Treasury issued its long-delayed response to the verdict that regulators were partly responsible for the near-collapse of Equitable Life. Although the Treasury confirmed an ex-gratia scheme yesterday, campaigners and MPs condemned proposals to means-test payments.

There was anger, also, at the Treasury’s admission that it could take “significantly longer” than two and a half years before any cash is paid out. Ministers were accused of using “dirty tricks” to put off payments until after the next election. Justifying the delay, Yvette Cooper, the Chief Secretary to the Treasury, said that the level of official responsibility had still to be decided.

George Osborne, the Tories’ shadow chancellor, decided not to turn up to the debate to grill Labour over its lacklustre response. However, the Lib Dems’ shadow chancellor Vince Cable was on hand to hold the Government to account. And, as ever with Vince’s statements, it’s well worth reproducing in full:

Dr. Vincent Cable (Twickenham) (LD):

I thank the Chief Secretary for her statement. I welcome the apology, and I welcome more guardedly—because we do not yet know the full details—the compensation principle. However, that comes after the long, shabby and disreputable treatment of policyholders. The endless delay and dissimulation have angered up to 1 million of them, many of whom have lost up to half their pension to the extraordinary extent that a period of maladministration that occurred largely under the previous Government has become a massive own goal for this Government. That makes it all the more surprising that the Conservative shadow Chancellor did not think it worth his while to turn up today— Well, I am here.

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Posted in News and Parliament | Also tagged , and | 2 Comments
Stephen Tall

In praise of ConservativeHome

By Stephen Tall | Thu 15th January 2009 - 7:01 pm

Yes, you did indeed read the headline right. To be more specific, I write in praise of Andrew Lilico’s grown-up article today on ConservativeHome’s CentreRight platform, Ridiculous assault or legimitate spin over “green shoots”? which invites readers to

Imagine a Conservative government minister involved in the following exchange:

Interviewer: “When will we see the green shoots of recovery?”
Minister: “…I wouldn’t want to be the one predicting it. I am seeing a few green shoots, but it’s a little bit too early to say exactly how they’ll grow.”

Now imagine that the Opposition and press attacked this minister for the “insensitive”

…

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Posted in News and Op-eds | Also tagged , , , and | 3 Comments
Stephen Tall

LDV readers say: a big no to Vince becoming Gordon’s chancellor

By Stephen Tall | Wed 14th January 2009 - 2:40 pm

Cast your minds back 10 days, and there was a sudden eruption of fevered speculation, mainly in the right-wing blogosphere, that Vince Cable might be tempted to accept the post of Chancellor if it were offered to him by Gordon Brown. LDV was always dubious about the claim, even if it would prove popular with the public, as well as business leaders, as well as ‘money-saving experts’. But we decided to see what our readers thought of the proposition, asking: if offered the job by Gordon Brown, should Vince Cable accept the post of Chancellor?

Your answer …

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Posted in News and Voice polls | Also tagged | 6 Comments
Stephen Tall

In today’s Vince Cable news…

By Stephen Tall | Sat 10th January 2009 - 12:04 pm

Today’s Times has an in-depth interview with the Lib Dem shadow chancellor and deputy leader Vince Cable today. Lots of good stuff, as you might expect:

While Gordon Brown was declaring the end of boom and bust and David Cameron was sledging with huskies, Dr Cable, a former chief economist at Shell, was foretelling dark times. For years he was ridiculed for suggesting that property prices were too high, that household debt was out of control and that the banking system was fundamentally flawed. But now everyone wants to hear his prophecy for 2009. … Dr Cable supports a fiscal stimulus

…

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The Voice

CommentIsLinked@LDV: Vince Cable – Confiscating savings from the poor is both stupid and cruel

By The Voice | Thu 8th January 2009 - 7:53 am

The Independent today has an op-ed piece from Vince Cable. You can read it in full here, but here’s an excerpt:

As it became clear that we faced a serious recession we Liberal Democrats broke the taboo of the political and economic Establishment by calling on the Monetary Policy Committee to cut interest rates by 2 per cent initially. Our call was treated like a rude noise in church. But it has happened – and more – and we now have a two per cent base rate.

The danger now is of deepening recession mutating into deflation and a downward spiral

…

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Posted in LibLink | Also tagged | 1 Comment
Stephen Tall

NEW POLL: if offered the job by Gordon, should Vince accept the post of Chancellor?

By Stephen Tall | Sat 3rd January 2009 - 5:30 pm

The right-wing blogosphere is fairly wetting itself today, picking up on the ‘exclusive revelations’ of the Daily Mail’s Peter Oborne that Labour is allegedly cosying up to the Lib Dems in anticipation of a pact which would see Ming Campbell elected as Commons Speaker and Vince Cable installed as Chancellor:

Although the PM recognises that it would be inconceivable to elect another Labour Speaker, soundings have been taken among the Liberal Democrats. The Whips’ Office has already launched a campaign to get Labour MPs to back former LibDem leader Sir Menzies Campbell to become the new Speaker. This

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Posted in News and Voice polls | Also tagged , , , and | 37 Comments
Mark Pack

The top five local Liberal Democrat websites in 2008

By Mark Pack | Sat 3rd January 2009 - 8:50 am

Based on the amount of traffic they’ve passed on to www.libdems.org.uk in 2008, the top five local Liberal Democrat sites (excluding blogs) were (with changes in brackets from last year’s top five):

  1. stevebeasant.mycouncillor.org.uk (NEW)
  2. vincentcable.org.uk (+2)
  3. brentlibdems.org.uk (-2)
  4. henleylibdems.org.uk (NEW)
  5. gloucester-libdems.co.uk (NEW)

Steve’s new entry at the top of the list is very impressive, particularly as his site is based on his ward, rather than a whole Parliamentary constituency or council area. It’s a bit of a borderline judgement whether or not his site counts as a blog, though if it did, it would still appear in the blog top …

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Posted in Online politics | Also tagged | 3 Comments
Stephen Tall

Clegg – Lib Dem stealth bomber?

By Stephen Tall | Fri 2nd January 2009 - 3:20 pm

Yesterday’s Indy published an interesting account of the findings of ‘private polling for the Liberal Democrats’ under the flattering headline, Is the invisible Clegg a secret weapon for the Lib Dems?

The research was scarcely earth-shattering, but there were some interesting conclusions:

On Nick Clegg:

The research concluded that Mr Clegg was the Liberal Democrats’ best asset even though he is unknown to many voters. The party’s strategy in the new year will be based on giving him as high a profile as possible. Women, who like him more than men do, regard the Liberal Democrat leader as “nice-looking, presentable, personable and likeable”, according to the research. Among men, he is viewed as “down-to-earth” and “someone I could relate to”. People saw his body language as “in control” and “welcoming”.

On Gordon Brown:

Despite Mr Brown’s experience on the economy and recent recovery in the opinion polls, people regard him as “old”, “dull”, “tired” and “boring”, according to a Liberal Democrat summary of its polling. Voters reacted sceptically when the Prime Minister tried to “feel their pain” by speaking about rising prices at the petrol pump and supermarket check-out. Some pointed out that Mr Brown does not drive, and his remarks contributed to a feeling that he was out of touch with ordinary people.

On David Cameron:

Mr Cameron is seen by many voters as young and energetic and as bringing dynamism to an old-fashioned party. But they believe he looks “too posh” to be “one of us”. Some voters said he was rather lightweight and not experienced enough to be prime minister. … The focus groups suggest that, contrary to rumours in the Westminster village, people do not confuse Mr Clegg with Mr Cameron. The Liberal Democrat leader is seen as more forceful and authoritative without being “posh”.

Three things to note, it seems to me:

First, when it comes to public perceptions of Nick’s performance as Lib Dem leader there’s still all to play for.

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Mark Pack

In the news: Gaza, Treasury honours and Big Brother

By Mark Pack | Wed 31st December 2008 - 10:28 am

Nick Clegg calls for suspension of EU/Israel agreement: “Innocent people are being killed and injured by a military operation that will only serve to further inflame extremism, and weaken the moderate Palestinian and Arab opinion which Israel’s long term security depends on.”

Vince Cable criticises knighthood for Treasury chief: “I would have thought it a rather premature judgment on government policy, which is far from assured of being a success. There is a slight element of self-congratulation about it.”

Ken Macdonald, the former Director of Public Prosecutions, criticises Labour’s plans for a database to track emails and phone calls …

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Posted in Big mad database and News | Also tagged , and | Leave a comment
Stephen Tall

LDV Awards 2008: Lib Dem Politician of the Year & By-election Performance of the Year

By Stephen Tall | Tue 30th December 2008 - 6:20 pm

Many thanks to the 200+ LDV readers who took part in our end-of-year awards, which ran between 23rd and 28th December. Voting was conducted via Liberty Research using the alternative vote method of ranking the nominees for each of the eight categories. We’ll be revealing the eight winners over the next four days. (Not that we’re tying to pad things out over the holiday season; no, of course not).

First, let’s unveil the winner of LDV’s first ever Politician of the Year award. Let’s face it, though, there’s zero sense of anticipation as we all knew full darn well …

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The Voice

CommentIsLinked@LDV: Vince Cable’s 2009 Almanac

By The Voice | Sun 28th December 2008 - 2:20 pm

Over at the Mail on Sunday, everyone’s fave Lib Dem (including the readers of Iain Dale’s Diary), has published his predictions for the year to come. As the Mail puts it, “He was right about 2008, so what does he think will happen next year?” You can read it in full here, but here’s an excerpt to tempt you:

… Pain will be concentrated on those whose businesses have gone to the wall, those with insecure jobs and those with excessively large mortgages and other debts. There is a danger of a big gulf opening up in society between those who are not touched by the recession and those who are seriously damaged by it.

The Government is getting credit for taking action, belatedly, but it must not throw around taxpayers’ money carelessly; ultimately we all pay in higher taxes or inflation or both. That is why the temporary VAT cut was a bad idea – it gave the impression that £12billion of revenue could be tossed away to pay for a Christmas binge.

That is why we also have to worry about Ministers waving a chequebook around when failing companies come visiting. It is easy to sympathise with those in the car and car component industry appealing for government help. But if cars, then why not cement or chemicals, or shops for that matter? Are Woolworths’ workers any less deserving? Governments simply cannot go down the road of propping up every industry in trouble. …

A better idea is carefully targeted public investment that creates a long-term asset for the taxpayer, generates employment and, hopefully, does something useful such as improving the environment. In America, President-elect Obama has shifted the balance of argument in favour of governments acting decisively rather than watching the crisis unfold. His ‘green New Deal’ has the right flavour and we should aim to do something similar here. There is plenty of scope for investing in the overcrowded rail system and alleviating the dreadful shortage of affordable housing for families on average incomes.

The absolutely central task for the New Year is restoring normal bank lending.

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Posted in LibLink and News | Also tagged and | 1 Comment
Stephen Tall

Telegraph names Vince a ‘hero of the year’

By Stephen Tall | Sun 21st December 2008 - 9:40 am

Okay, so he’s one of nine listed, alongside The Metric Martyrs, John Sergeant and Boris Johnson (this is the Telegraph, after all) – but still when was the last time a Liberal Democrat earned such an accolade from the paper?

VINCE CABLE

Dubbed “Dr Doom” for his (accurate, as it turned out) predictions of economic meltdown, the man the Lib Dems saw as too old, bald and boring to be their leader, has had the best year of any British politician. Oracle-like, Vince, 65, warned us of the mounting problems at Northern Rock, that the nation’s “ticking timebomb of debt” would

…

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Stephen Tall

Lib Dems outraged as Labour sells last Government shares in Trident

By Stephen Tall | Sun 21st December 2008 - 9:10 am

Nick Harvey, Lib Dem shadow defence secretary, and the party’s deputy leader, Vince Cable, have condemned the decision of the Government to sell its last remaining shares in the Aldermaston Atomic Weapons Establishment in Berkshire to an American company – without telling Parliament. The BBC reports:

The move means Britain no longer has any stake in the production of its Trident nuclear warheads. … The fee paid by California-based Jacobs Engineering has not been disclosed. The sale of British Nuclear Fuels’ stake means Jacobs has control of one third of Aldermaston’s operating company, AWE Management. The other two thirds were

…

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Alix Mortimer

PMQs: Vince tackles Harriet on housing

By Alix Mortimer | Wed 17th December 2008 - 12:09 pm

It says something about the repellant oiliness of Cameron and the monolithic self-righteousness of Gordon Brown that I am pleased to see Harriet Harman and William Hague at the ballot box today. Mind you, for technical reasons, I am listening from the next room.

Hague ranges over the recession’s effects on small businesses and the need to tackle unemployment – trying to cut Vince’s ground out from under him? Good luck with that. Harman: Brown is “Superman” to Cameron’s “Joker”. The hubris of these people is unbelievable. I sometimes wonder why the entire Liberal Democrat contingent doesn’t

…

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Posted in News and PMQs | Also tagged and | 12 Comments
The Voice

Clegg & Cable: doorstep politics and quiet authority

By The Voice | Tue 16th December 2008 - 4:04 pm

The Lib Dem leader Nick Clegg, and his deputy Vince Cable, are the subjects of two interview features well worth a read:

Nick Clegg was interviewed for EurActive.com, answering questions on numerous matters, including the Lisbon Treaty:

What I do know from my own personal experience, having been a MEP and watched, from Brussels and Strasbourg, the debate about Europe deteriorate and degenerate in the UK, is that this is one of the reasons I went into British politics.

I wanted to be in a position to engage with people directly rather than commenting on the debates from afar, and I think, even in this globalised high-tech world, people still make their political decisions based on feelings and sentiments that are often most powerfully derived from human contact. I think there’s no surrogate for old-fashioned doorstep politics.

The uncertainty concerning the Lisbon Treaty has been enormously damaging to the image and credibility of the EU. I hope that we can all play a role in persuading the Irish people to vote for the treaty , but if they vote it down, then that should be the end of the story. We’ve got to put an end to this period of uncertainty.

Meanwhile Vince Cable is the recipient of an extremely warm feature by Andy McSmith in The Independent:

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Alix Mortimer

Vince Cable: you’re better off paying your debts than investing in Child Trust Funds

By Alix Mortimer | Sat 13th December 2008 - 9:30 am

Earlier this week, the BBC reported that a third of a billion pounds has been wiped off the total value of Child Trust Funds as a result of recent plunging share values.

The government argue that share investments still show a better rate of return than other forms of investment over the longer term – and historically speaking they’re right. So I guess we’ll just have to hope the economic norms of the last seventy-to-a-hundred years continue for as long as is required by Labour policy-makers.

In the here and now, Vince has some pertinent commentary, as

…

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Posted in News | 4 Comments
Mark Pack

“This economic crisis could drag on for a decade” – Vince Cable

By Mark Pack | Thu 27th November 2008 - 3:20 pm

Writing in The Independent, Vince Cable said:

No one fully understands the scale of the complex but extreme economic crisis we face or has any simple, silver bullet, solution to it. The problems are partly international – the “credit crunch” – and partly national.

The latter is a legacy of a long period of economic growth built on debt financed household consumption and a grossly inflated bubble in house prices. Both of the international and home grown problems are difficult; together they are potentially lethal. I believe we face a real emergency. And it will not be over soon. This crisis

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Helen Duffett

Vince Cable endorsed by business leaders

By Helen Duffett | Fri 21st November 2008 - 11:14 am

Polling consultancy ComRes has been tracking business leaders’ perceptions of party leaders and their Treasury spokesmen since October 2007.

Recent figures for business leaders’ confidence in the abilities of Darling, Osborne and Cable make for an interesting comparison:

In September, confidence in Alistair Darling was 11%, George Osborne 40% and Vince Cable was 31%.

In October, it was: Darling 25%, Osborne 36% and our Vince 45%.

At a time when business experience among MPs is lacking, and when Liberal Democrat ideas are being filched from all sides, Vince Cable stands out.

ComRes’ Chief Exec Andrew Hawkins has even gone so far as to say Vince …

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Stephen Tall

1.5% bank rate cut; Vince vindicated, again

By Stephen Tall | Thu 6th November 2008 - 4:41 pm

In a surprise move, the Bank of England today cut the official base rate of interest by 1.5% to 3%, the lowest level in half a century. The move’s been welcomed by Lib Dem shadow chancellor Vince Cable – not surprisingly, as he has consistently called for deep interest rate cuts in the last few weeks. Take, for instance, his appearance at Prime Minister’s Questions, standing in for leader Nick Clegg, on 15th October:

I sense that the Minister does not realise that there is a very real emergency. Given that there is that very real emergency,

…

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Posted in News | 2 Comments
Stephen Tall

PMQs: Cable tackles Harman on unemployment and interest rates

By Stephen Tall | Wed 15th October 2008 - 7:53 pm

With our Superman Prime Minister currently bestriding the globe like a Colossus of financial acuity, it was left to Harriet Harman at today’s Question Time to bat for the Government and laud the financial bail-out as Gordon Brown’s Dunkirk. It was not her finest hour. Ms Harman struggled to sound on top of her brief throughout the half-hour exchange, with both Vince Cable and William Hague asking tough questions that left her visibly floundering.

You can watch Vince’s encounter for yourself via YouTube here, or read the Hansard transcript, below:

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Posted in News and PMQs | Also tagged and | 4 Comments
Vince Cable

Vince Cable on the Liberal Democrat Fairer Future Economic Recovery Plan

By Vince Cable | Tue 30th September 2008 - 10:45 am

Gordon Brown’s response to the economic crisis has been too little, too late.

For years I warned him of the oncoming economic problems. Unsustainable levels of personal debt, mostly secured against the illusory ‘wealth’ of rising, vastly inflated property prices. An economy based so heavily on debt was never going to be in a fit state to deal with global shocks like the credit crunch.

And so it has proved. Gordon Brown is now facing the consequences of his years of inaction. The housing bubble has burst. Unemployment is rising fast. Tens of thousands of families are losing their homes.

With people struggling …

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Posted in Op-eds | Also tagged | 30 Comments
Stephen Tall

Opinion: a good week for Nick, a good week for the Lib Dems

By Stephen Tall | Wed 17th September 2008 - 7:20 pm

There’s a paradox about party leaders’ conference speeches (akin to Prime Minister’s Questions): they are dissected by supporters, opponents and journalists, while in reality the ‘real people’ in the country might perhaps catch a 10-second clip on the news. But speeches remain fundamentally important – not only for the morale of members, but also as probably the only time in the year when serious journalists (not always an oxymoron) will listen for any length of time to a politician expressing their ideas.

Let’s be clear about one thing straight away: Nick’s speech was excellent. Every Lib Dem who heard it …

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Posted in Conference and Op-eds | Also tagged , and | 56 Comments
Stephen Tall

PMQs: Vince skewers Gordon (again)

By Stephen Tall | Wed 12th December 2007 - 6:46 pm

Vince did it again, successfully raising a host of Government debacles, most seriously Iraq, at the last Prime Minister’s Questions of the year – and his final one as acting leader. What is grabbing Vince another round of plaudits, though, is his quickfire riposte to Gordon Brown not to speculate about leadership contests given the PM’s recent lacklustre record.

Vince’s triumph in the bearpit of the Commons is undisputed (for all that PMQs remains our Parliamentary democracy at its pantomime worst), and he’s certainly raised the bar for his successor, whether Nick Clegg or Chris Huhne. Whoever wins could be forgiven for feeling a tad daunted at the prospect of following Vince.

Anyway, here’s the full Hansard exchange:

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Posted in News and PMQs | 2 Comments
Simon Titley

Opinion: Vince Rocks (And So Can You!)

By Simon Titley | Wed 12th December 2007 - 8:55 am

Vince Cable has deservedly won much praise for his recent performance as acting leader of the Liberal Democrats. He has set a high standard for next week’s victor to match. The danger is that we will treat Vince’s performance as an entertaining interlude before normal service is resumed. Instead, we should analyse and understand the generic lessons that the next leader (and other leading Lib Dems) can learn and apply.

There are essentially six things that Vince has got right:

1) Moral clarity – Politics is ultimately about making moral choices. Vince’s statements make it clear that he has a sense of …

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Posted in Leadership Election, Op-eds and PMQs | 8 Comments
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