I'm reading The Guardian's live blogging of the annual party conference of the Liberal Democratic Party, and that's my No. 1 takeaway.
Why?
If the Lib Dems really wanted to be a third way, rather than David Cameron's lapdogs, they would fire Nick Clegg as party leader, and end coalition, either by that act alone, or having the new leader bring a no-confidence vote to the Commons.
The voting reform referendum massively failed, and had Conservatives semi-officially opposing it. Meanwhile, the Lib Dem half of the coalition, from what I see across the pond, has failed to modify or soften a single major Tory initiative.
Power corrupts, eh?
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