Osborne tells it like it is...

And surprise, surprise Labour doesn't like it.

What is it with this increasingly pathetic Labour government that it cannot tolerate dissent? The Chief Whip told a meeting of the Parliamentary Labour Party the other day that those Labour MPs who had voted against the government would not be considered for places on select committees (that rules out 104 Labour MPs then) and whenever the Opposition does it's job - i.e. opposes the government, the Prime Minister and the Labour Party whinge that it is playing politics.

This is exactly what has happened after George Osborne has come out fighting, attacking the government's handling of the economy in the Times.

Labour have called Osborne 'irresponsible' for warning that the government's excessive borrowing could cause a run on the pound and Gordon Brown has said he regrets the 'partisan' nature of Osborne's comments.

Let's address these points and tear them to shreds:

1) Party politics? Give me a break Gordon! Party politics is all you do. Anyone remember the 'Tax con budget'? Which one you ask? Fair point... let me be specific - Brown's last one as Chancellor (2007) which gave us the 10p tax debacle. Anyone also remember the election that never was last year which of course was not called off because of the polls? Anyone also remember Gordon Brown making capital about Britain's exit from the ERM despite being supportive of Britain's membership? Anyone remember the good Europeans that are Brown and Labour who opposed the ratification of the Maastricht Treaty because they wanted to inflict a defeat on Major's government in the Commons even though they supported ratification? The list of shameful party politics from Gordon Brown and Labour is too long to detail here...

2) Osborne is being irresponsible? Why? Because he is telling the truth? Brown should try it sometime! Osborne is just doing his job. If Osborne does not point out that Brown's actions could lead to a run on the pound he would be accused of a dereliction of duty and branded ineffectual. People seem to have their knives out for George at the moment and he is damned if he does and damned if he doesn't. My message to George - keep attacking this failed government and expose the serious harm they have and are doing to our economy!

Osborne is right to warn that the markets will not allow the Prime Minister to borrow money indefinitely if the markets lose faith in the government's financial responsibility. Sterling has already fallen 25% against the dollar - a devaluation greater than any other in the last 40 years - and the markets are already demanding double the risk premium for British Government debt as they are now for German government debt.

What is more, former Chancellor Ken Clarke has corrected the media that Osborne should not have talked about Sterling. Clarke said he had not heard "of any convention that opposition politicians - including the shadow Chancellor - cannot comment on sterling." He said: "The foreign exchange markets had already made their minds up about the pound, regardless of any political comment." He added that the shadow Chancellor had "made a perfectly sensible comment."

The government and media seem to be working in concert to attack George Osborne. His detractors are wasting their time if they think Cameron will move or sack the second most important person to Team Cameron and the Conservative revival. People seem to have very short memories. It was Osborne, after all, who made the PM run away from an election last year with his tail between his legs.

3) The PM regrets the 'partisan' nature of Osborne's comments? Ah, that old chestnut. Brown pulls this one out of the bag whenever he doesn't have anything substantive to say but just wants to shut down debate. Now, dear readers, you may have heard this type of phrase before recently...

After David Cameron perfectly reasonably raised the tragic case of the death of Baby P during PMQs last Wednesday, Brown said: "I regret making a party political issue of this matter— [ Interruption. ] I do regret that"

Gordon Brown couldn't bring himself to condemn Haringey council because it was a Labour council and because he didn't like the fact that Cameron had raised the issue chose to shut down the debate by saying Cameron had been party political. Now, George Osborne perfectly reasonably warns that the government's excessive borrowing and spending will lead to economic disaster and Stalin Brown does not like such a dissenting opinion, so our Dear Leader once again says he 'regrets' the 'partisan' nature of Osborne's comments.

I'm sorry Prime Minister, this is not the Soviet Union or North Korea! This is Great Britain and Her Majesty's Opposition must be allowed to voice dissent especially when you are taking our country down the toilet, whether you like it or not!!! And the media, the so-called Fourth Estate, needs to stop acting like Pravda and do its bloody job!

Keep up the good work, George!