This is another buzz phrase that's going to come up a fair bit. The bore who's MP for Stratford tried to use it a couple of times last week. He didn't say "the thing is, Ed Milliband's a millionaire himself" or anything. It popped out of his mouth, fully-formed.

Yawn.

Is he?

I thought it was tied into his partners business not him directly.

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Dunno. No inherited wealth to speak of, I imagine - not from old Ralphie - and I'm unaware of him having made a fortune before entering politics.

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This seems to originate somewhere near Guido Fawkes' painful offerings. The Flannelled Fool Harry Cole has Tweeted that Ed is a millionaire, and this seems to be based on the fact that his house is worth more than a million pounds, which is a novel interpretation of the term, even by the standards of the perennially thirsty Paul Stains and his gopher.

Hang on, isn't inheriting a million middle class?

I recall something about inheritance tax.

Bizarrely, when it comes to raising taxes on the wealthy, they have no issues pointing out that "just because I'm worth a million quid doesn't mean I've got that money to fritter away blah blah blah"

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"Common Sense is the collection of prejudices aquired by age eighteen" - Albert Einstein

Obviously there's good millions and bad millions.

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There's also the not-unimportant question of how much of that £1m+ house is actually equity. Even Peter Mandelson needed a mortgage...

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I think the general thrust of the argument is that he's a hypocrite for being wealthy and still claiming to have the interests of the squeezed middle at heart. Quite how this information squares with the Mail's wishes that we all vote Conservative has yet to be adequately explained.

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"Common Sense is the collection of prejudices aquired by age eighteen" - Albert Einstein

Prexactly. If that's hypocrisy, then what the double-breasted feck is a cabinet chock-full of squillionaires claiming that we're all in this together, then engineering tax cuts for the wealthy????

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Mailites don't object to a pecking order. What upsets them is when other people don't know their place. Only Mailites are allowed to elevate themselves.

And again it comes out. Working-class Tory voting to be shat on by their betters - good. Socialist with more then sixpence to their name - disgusting hypocrite.

For a man who goes a long way to avoid paying taxes perennially thirsty Paul is fascinated by other people's wealth - probably just in case he needs to sell them an investment in one of the oh so successful hedge funds he used to peddle before the whole business went splatttt and ended up in the high court.

"Man in high profile role at top of his profession is quite wealthy."

Nope, me neither.

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Reclaiming "methinks" for the nation

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