So this is "The Big One": cabinet resignations all over the place. Will the present prime minister have the guts to call a snap election and let the people give their verdict on his time as chancellor or will his hand be forced by the mutiny on board HMS New Labour?

Interesting times.

Jacqui Smith, Home Secretary, resigns

Hazel Blears, Communities Secretary, resigns.

Look out as the next wave of liars and thieves jump ship....coming soon.