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Web Letter

I read somewhere that when Margaret Thatcher was asked what was her greatest political achievement, she said the New Labor Party. The British stock market's greatest fear is not who is elected, but it doesn't like a "hung" multiparty parliament. I don't know who can take credit for the New Democratic Party on the Republican side. However, failing to have a majority, both major parties love a Senate that is "hung" by its own rules. I have been watching Quest Means Business on CNNI, and one pundit on the program today thought an election victory depended who had the best spin.

It was interesting that Brown was proposing that to sell a British company to foreign ownership, two-thirds of the shareholders must approve the sale. He seems to be looking for a "hung" sale. With German reluctance to bail out Greece, the European Union, along with its relative globalization, is weakening.

Pervis James Casey

Riverside, CA

Apr 12 2010 - 4:04pm

Web Letter

It may well be that the key is how well the British Nationalist Party does. They, not the Conservatives, are the right wing. With the several Celtic nationalist parties also in the mix, things get even harder to judge. Along with the fringe Greens, we are seeing the development of a five-party system. Add a leftist party, and you are at the currently common European configuration of six.

One side point: with the devolution to Scotch, Welsh and Northern Irish parliaments after Ireland split off, there is starting to be a call for an English Parliament.

John D. Froelich

Upper Darby, PA

Apr 9 2010 - 1:32am

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