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Ed Miliband's Fabian speech hits the right notes

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The Fabian New Year Conference at the Institute of Education was packed today to hear Ed Miliband speak.

He poured vitriol on Clegg and Cameron and rightly so. They have one argument for all their savage cuts "Labour mismanagement". There is an element of truth in that accusation. But the world wide banking fiasco has been air brushed away by the Clegg-Cameroon teams. And now we see that they have refused to reign in the bankers despite the ¬£billions of public money we have paid to them to save their industry. This is absurd. They must be reigned in.

The new politics voters demand includes reform of the voting system (opposed by the Tories), radical reform of the House of Lords (resisted for too long by Jack Straw), a resolution to the Barnett Formual opposed by Gordon Brown, a reformed NHS within the NHS not its privatisation as Andrew Lansley promises (chaos will ensue) and a clear definition as to what exactly "Localism" is.

But Clegg's lust for power will see the Lib Dems destroyed in the local elections in May.


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