1. This was the rock and the hard place that the Lib Dems had to choose.
I'm not happy about the choice either but party-wise this is the best the Lib Dems could really have done. That Rainbow Coalition would have been fragile and would have legitimacy questions. A Conservative minority government may well have been seen as a Con-LibDem deal anyway... just to keep the Cons in power. Best be in bed with the beast and be able to tame it some way from the inside than to just prop it up from the outside.
Bottom line: the Lib Dems will have a chance to make changes... at the Tories expense - and with their permission. The Additional Vote referendum is a chance to eventually get towards PR... because AV will help the Lib Dems out a bit.
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