Global Citizens Rest Easy by mikecogh
Some ticks and crosses for recent political events:
√Julia Gillard visited India to reassure the Indian people that we want their students here, we’re serious about protecting them, and we’ll shut down any bogus educational organizations. This is a smart move. It’s a good example of Customer Service – how to
Continue reading Mixed Bag
http://www.abc.net.au/news/stories/2009/02/04/2481623.htm
It seems to happen with regular monotony – a Labor government gets elected, and we end up with Debt, Deficits, Unemployment and Big-Government.
No one disputes the need for governments to invest in infrastructure – especially in times of financial turmoil.
But Rudd and Swan are prooposing to put the country $100 billion in
Continue reading Kevin Rudd & Gough Whitlam. Doing the Deficit Two-Step.
http://www.abc.net.au/news/stories/2008/11/01/2407628.htm
Treasurer Wayne Swan is either misguided or disingenuous when he claims that his clumsy bailout of Aussie banks didn’t cause a run on investment funds.
I admit, it’s easy for me to sit on the sidelines and criticize with the benefit of hindsight. But consider this, most other western countries, while offering guarantees on bank
Continue reading Swan Flies in Wrong Direction
Rates08
http://www.abc.net.au/news/stories/2008/01/14/2138016.htm
New treasurer Wayne Swan doesn’t have a clue when it comes to dealing with banks.
Banks around the country are getting away with raising their interest rates – even when the Reserve Bank hasn’t raised official rates.
Shadow Treasurer, Malcolm Turnbull is right. They’re treating Swan like a mug.
If Swan doesn’t lose the training wheels soon, the
Continue reading Insipid Swan Starts to Sink
By Sinclair Davidson And Alex Robson
Wall Street Journal Asia – 23 October 2007
It looks like Australia may have lost its nerve for economic liberalism. In Sunday’s nationally televised debate, Prime Minister John Howard touted his vision: a “new society” based on entrepreneurialism and individualism. Opposition leader Kevin Rudd a self-proclaimed Christian socialist, backed
Continue reading Ruddonomics
Check out Kim Beazley’s budget reply speech
He uses the term “Middle Australia” 35 times. I think his polsters must have told him that they’re the people who are a bit worried about him.
The only problem is most “Middle Australians” wouldn’t know who a “Middle Australian” was. It’s a bit of doublespeak that politicians use to
Continue reading Beazer’s Budget Blabberings
The ALP is crying foul over the campaign run by the Coalition at the last election.
The basis of their argument is threefold:
1. The government claimed that rates would be higher under labor, but then the RBA lifted rates by a quarter of 1 percent.
2. The goverment quoted RBA figures during the election, and the RBA
Continue reading Sour grapes on Interest Rates
Labor Leader Kim Beazley’s attacks over the possibiity of interest rates rising in the next few months are a beat-up.
The U.S. federal reserve is considering a hike of maybe a quarter of one percent sometime soon, which may cause rates to rise by a similar amount in Australia.
Beazley seems to think this somehow means that
Continue reading Beazer’s interest rate beat-up