For years, the Republican line in New York City has been sold to high bidders who — like Mayor Michael Bloomberg — make legal contributions to the party treasury.
Lord Oakeshott, the Lib Dem peer who resigned as a party Treasury spokesman in February over the Merlin deal, said this was proof the pact with the banking industry had failed.
Lord Oakeshott, a former party Treasury spokesman, said: "We Liberal Democrats signed up to the coalition agreement to get growth up and debt down, not to get stagnation and self-inflicted cuts.
He proved unable to manipulate the Nazis for his own ends, but the large contributions from German industrialists that flowed, after the Harzburg agreement, into Hitler's party treasury aided the Nazi Party's growth substantially.
On that theme, the Scottish National party treasury spokesman Stewart Hosie said: "The Treasury figures have been roundly discredited, so this is just adding insult to injury.
In his six years as party treasury spokesperson, this former economics advisor to Kenya and chief economist of Shell has failed to come up with a coherent and consistent economic policy for the Liberal Democrats.
