Saturday, May 08, 2010

NIce Being Well Hung.

More from Tima.

A Hung parliament is one in which no one political party has an outright majority, and means it is most commonly equally balanced.

The Queen can step in and invite a party leader to be Prime minister of the House of Commons but this is not wise of her to do as she can displease the public. Normally the Queen would be guided by advice of her prime minister, who is the monarch’s principal adviser on all UK constitutional issues but in a hung parliament the sitting Prime minister is not neutral therefore not wise to take advise from her.

The fervent wish within Buckingham Palace will be that the political leaders can determine amongst themselves who is in the best position to command the support of the House of Commons.

To get an overall majority in Parliament you need to have enough Mp’s of 326, The Conservatives had 306, Labour 258 and Liberal Democrats 57. There are 646 seats leaving 26 left to others. It would be easier to try a coalition party with Liberal democrats then with others as they are so many parties but that is also an option. When forming a coalition party you have as a party compromise and this can be hard. In this election the power of demands leaves the Liberals Democrats in a very good position.

For Labour to win majority in Parliament: Lab = 258 Lib Dem= 57 SNP (Scottish National Party) = 6 PC (Plaid Cymru) = 3 SDLP (Social Democratic & Labour Party) =3 OK? 258+57+6+3+3= 327

For Conservatives to win majority in Parliament: Con = 306 Lib Dem = 57 OK? 363
More from Tima
Maybe now in a Hung Parliament there will be more focus on the House of Commons gets greater and gives more power to the people and just many this shows the weakness in the system of a winner takes it all system and maybe lead to a system reform to a multiparty system? Hung parliament would be a good thing for democracy in the longer term as it would get people asking fundamental questions about the political process something which I feel have been neglected for a while now.

I feel in the question of the financial crisis it’s been a little like the swine flu, no one knows where it came from and no one has taken responsibility for it. Governments have dismissed it as a rootless phenomenon that just occur out of no where, rather than an effect of poor management and a system that needs reform. In the 1930 ‘s rose Keynesian policies in The United States. The Great Depression was a main factor in the implementation of social democracy and planned economies in European countries after World War II. Today as no one has taken responsibility the financial crisis is a UFO and people are too lazy and comfortable at the moment, not much is happening from people’s side. My feeling though is that it won’t be long until the problem is so big it can’t any longer be swiped under that carpet, Ireland, Greece, Spain, Italy and Portugal need urgent help with their economies 1.000 Milliard Euros to be exact. Out of a financial political perspective these tool have already been used as far as lowering tax and increasing public spending. One solutions it to have the central bank keep their low rate longer and to “print money”. Now if after the short Economic still hasn’t recovered or goes to better we don’t really have many to any, tools as they have been already used up and all hell breaks loose.

1 comment:

Anonymous said...

IMF 17 percent of money going to Greece is coming from broke US. When the US goes down who is going to bail us out?