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Nick Clegg's P.M.Q.

Nick Clegg has been throwing numbers about concerning the proposed massive hike in University Fees, in the vain attempt that he can convince himself and his party not to vote against them. You may remember on the 22nd May we reported the LibDems had applied for public money reserved for the opposition parties to be used for research. “The Lib Dems have applied for public money allocated to the opposition parties for research. In a Newsnight interview they claimed it was in the public interest". Their research they used the money for, resulted in Nick Clegg quoting absurdly inaccurate figures when he took Prime Minister Question Time last week, He quoted a Graduate care worker on £21,000 repaying only £7 per month, this would take at least 214 years to repay a £18,000 loan, instead of the current £81 per month [Government site confirms that you do not start making repayments unless you earn more than £15,000 gross p.a. then you pay 9% of your gross income above £15,000.] The amount payable in the example he quoted is 9% of the difference between £15,000, and £21,000 i.e 9% or £6,000. or £45 per month, not £81 per month.
He also claimed the opposition didn’t have an alternative plan, only a blank sheet of paper. From this blank sheet he quoted the Labour party as proposing a figure of £36 per month for the above example.
Nick Clegg also claimed his method was better than the Labour proposed Graduate Tax. On the 28th July we reported “Vince Cable the Business Secretary announced plans for a ‘Graduate tax’ for university students; this was later overruled by the Tories who preferred students to pay the Universities Direct.” In case Nick Clegg didn’t know, Vince Cable is a LibDem minister, not Labour. You can watch the BBC recording of the PMQ on this page
David Cameron was furious, and for this week’s PMQ he flew back from Zurich to take the questions, in which he proclaimed himself to be a son of Thatcher. [Figuratively speaking]
Other news: Mervin King the Governor of the Bank of England is facing calls for his resignation over comments he made about the lack of experience of David Cameron and George Osborne.
The students are threatening to apply for the removal of Nick Clegg, over his written undertaking to abolish University fees.
The student demonstrations are becoming less violent, as the students gear up their protests.
Some companies have cancelled the traditional New Years day bank holiday, to give workers paid leave for the Royal wedding.
Snow continues to disrupt travel in the UK and on the continent.
Do you know, in parliament we have 119 ministers? This number was not included in the Budget review.

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Vic Farron RFT Express. .

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