"We are working flat-out, using every tool available to us. We are not standing on the sidelines."

It was a sunny, funny day… 276th day of the year and the 2nd of the Conservative Party Conference. The most important part of it was the George Osborne’s speech. He admitted that difficult days will for the economy will come and presented a plan to avoid the second credit crunch.

“Under the novel "credit easing" plan, the Treasury will buy company bonds in an attempt to cut the cost of credit for struggling firms and boost the supply of credit.”

http://www.guardian.co.uk/politics/2011/oct/03/osborne-treasury-credit-firms

http://www.guardian.co.uk/politics/2011/oct/03/george-osborne-stunning-lack-of-charisma :

“George Osborne spoke in the morning, and received a standing ovation so perfunctory as to be offensive. The audience, which had heard him with listless courtesy, managed to combine standing with the more urgent process of heading for lunch.”

“Then there's the voice. It's too high and squeaky. Close your eyes and he sounds like Ann Widdecombe. There's the samizdat BBC tape of Margaret Thatcher being taught to lower her voice, and if she can do it, so can George. But it's not just him. Even Eric Pickles, normally a conference star, not least because people mistakenly assume that anyone fat must also be jolly, flopped like blancmange on a barbecue.”

That’s what I think,

MANU

The Tory conference - DAY 1

Around 30,000 people join march against government cuts, as Tory minister Lady Warsi defends deficit reduction strategy
The Tory conference began in Manchester with a 30,000-strong protest march against the government's cuts and a speech from Lady Warsi defending the coalition's economic strategy. The Conservatives gathered at the Manchester Central conference centre on Sunday afternoon as TUC demonstrators marched down nearby Princess Street holding banners saying: "Fight the cuts" and "Strike back", as well as one with a picture of David Cameron that said: "He's got to go." 

George Osborne, the chancellor, said marching would not help the economy. "It's your democratic right to march," he said from the conference centre. "But in the end marching is not going to move on this economy. Every job that is lost is a matter of regret, but I'm working flat out to create jobs. There were half a million jobs created last year." 

What’s more?

It was revealed that MPs are set to vote on a referendum within the next few months, after a petition with more than 100,000 signatures was submitted calling for the public to be given the chance to decide whether Britain should stay in the EU. 

“The prime minister pledged to "fire up the engine of the economy" on the first day of his party conference in Manchester, pushing a new homes policy but thwarting the desires of his backbenchers for a referendum on whether Britain should stay in the EU.”

http://www.euronews.net/2011/10/02/uk-conservatives-open-party-conference/

Guardian

That’s what I (and the Guardian) think,

MANU