How they must be laughing at Labour HQ. Whatever happens, they can’t lose. If the Tory/LibDem pact goes ahead, Labour MPs can sit comfortably in opposition, cheating on their expenses and letting the Tory/LibDems take the blame for sorting out the financial catastrophe cause by Gordon Brown’s economic incompetence. Then next election, Labour can waltz back into power again and ruin the country’s finances yet again.
Yet if the Tory/LibDem alliance fails, Labour can dump liar Brown and stay in power. It’s a win/win for Labour.