Labour in the Red
The Labour Party need to raise $1.4 million to repay Election Debts and the Pledge Card, and are hitting their supporters up for as much cash as possible.
The Labour Party also passes a resolution to introduce State Funding for political parties, but I think it's unlikely they will have the numbers to pass such legislation if the Parliamentary Party take it up. (I doubt Peter Dunne and Winston Peters will support the legislation as it would be political suicide.)
So, by the time the next election rolls round, Labour will have exhausted it's donors of cash and will have no alternative source of income to pay for Campaign 2008.
They may have two options - just lose the election because they don't campaign, or sell off it's property assets (built up over generations) to pay for the campaign (and still risk losing).
Either way, Mike Williams might go down in history as the worst ever President of the Labour Party.
The Labour Party also passes a resolution to introduce State Funding for political parties, but I think it's unlikely they will have the numbers to pass such legislation if the Parliamentary Party take it up. (I doubt Peter Dunne and Winston Peters will support the legislation as it would be political suicide.)
So, by the time the next election rolls round, Labour will have exhausted it's donors of cash and will have no alternative source of income to pay for Campaign 2008.
They may have two options - just lose the election because they don't campaign, or sell off it's property assets (built up over generations) to pay for the campaign (and still risk losing).
Either way, Mike Williams might go down in history as the worst ever President of the Labour Party.
posted by Michael at
8:59 AM
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