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PM David Cameron's early Christmas present

By Jonathan J. Ariel - posted Tuesday, 25 August 2015

For Britain's Prime Minister David Cameron, Christmas may come early this year. As early as 12 September in fact.

For that is the day that British Labour will elect its new leader, following the resignation of the gentleman who lead the party to a humiliating defeat on 7 May: the socialist and anti-Blairist, Ed Milliband.

Out in front of a less than electrifying field of replacements is one Jeremy Corbyn, the MP for Islington North and the standard bearer for the far left of the party.


Candidate Corbyn represents nearly everything Prime Minister Cameron (and for that matter, former Labour Prime Minister Tony Blair) does not. Corbyn's views according to many even within his own party are so removed from reality that on video he has compared the actions of Da'esh with those of the United States.

He wants Britain out of NATO and carries an economic agenda in his knapsack that resembles Cuba's centrally planned fiasco. He also wants closer ties with Moscow.

The video, which was filmed last year but was widely circulated in the last few days, elicited a strong reaction from Corbyn fans and detractors alike.

John McTernan, a former adviser to Tony Blair and more recently Australian Prime Minister Julia Gillard, described his comments as "nauseating".

The hostility to New Labour blinds Corbyn and the kool-aid drinkers to what secured Tony Blair three victories: making Labour relevant.

If he succeeds on 12 September in becoming opposition leader, the MP from Islington North will spend his time reminding Britain that he is anti-American, anti-NATO, friendly with a terrorist group proscribed by Australia, HAMAS, and from an economics perspective, keen on taxing and nationalising Britain into prosperity.


The clamour by some both within and without the Labour Party for a Corbyn led Labour Party apes the enchantment many in Greece and Spain share for Syriza and Podemos.

More public sector spending? Check. Higher taxes? You bet. State ownership of businesses? Yes please. We can't have enough of that, can we?

The move by Labour leftwards since the departure of Tony Blair from the stage has been gradual but consistent. First to Gordon Brown, who was to Blair's left. Then to Ed Miliband, who was to Brown's left and now possibly to Corbyn, so far left that the middle class (long on hard work, honesty and thrift) would collectively snap their cervical vertebrae imagining him as the next occupant of No. 10.

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About the Author

Jonathan J. Ariel is an economist and financial analyst. He holds a MBA from the Australian Graduate School of Management. He can be contacted at

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