Sunday, 26 February 2012
The Labor leadership aspirant was at a party with then South Australian Premier Mike Rann after a performance at the Adelaide fringe festival when he happened upon a group of the Catholic God botherers who control Labor in that state and whose factional leader Senator Don Farrell had played a major role in his being deposed.
Judge the Rudd remark as reported in the Sunday Mail for yourself:
Saturday, 11 February 2012
I often make fun of political pundits who imagine that there are elaborate psychodramas going on in the mind of the electorate, that voters are parsing the president’s policy proposals to see how he shapes up to some kind of Platonic ideal; folks, voters are busy making a living and raising families, they get their news in snippets, and they have no idea what the White House proposed last month; what they mostly notice is whether things seem to be getting better or worse.So it’s scary that WH political operatives actually seem to believe all this political-pundit nonsense.
Wednesday, 8 February 2012
Tuesday, 7 February 2012
But let's not worry about those 5.2% of people without a job, or all those working less hours than they would like to. Put in the background the statutory requirement we have for the maintenance of full employment in Australia." Let's just keep things exactly as they are and leave official interest rates unchanged.
They are a callous lot.
And why? Is inflation going to become a trouble if rates are lowered? Well ... no, not actually.
CPI inflation has declined as expected, as the large rises in food prices resulting from the floods a year ago have been unwinding. Year-ended CPI inflation will fall further over the next quarter or two. In underlying terms, inflation is around 2½ per cent. Over the coming one to two years, and abstracting from the effects of the carbon price, the Bank expects inflation to be in the 2–3 per cent range.And later in the official statement they even concede the point that an interest rate reduction would cause no harm. As they said in that wonderful language of central bankers
Should demand conditions weaken materially, the inflation outlook would provide scope for easier monetary policy.
At today's meeting, the Board noted that interest rates for borrowers have declined to be close to their medium-term average, as a result of the actions at the Board's previous two meetings. With growth expected to be close to trend and inflation close to target, the Board judged that the setting of monetary policy was appropriate for the moment.We are bankers. We just feel happier being punishers.
A Washington Post-ABC News survey of 1,000 adults found that, for the first time, Obama's prospects have brightened against his potential rivals as his overall job approval rating climbed on his handling of the slowly recovering economy.
If the election were held now, Obama would win 51 percent of the vote compared to 45 percent for Romney, the former Massachusetts governor and current Republican frontrunner, according to the poll. He would win with 54 percent compared to 43 percent for Gingrich, the former speaker of the House of Representatives who has vowed to continuing seeking his party's nomination.'via Blog this'
The McClelland letter went on to say she would refer the matter to parliament’s “media review” to “clarify restrictions” and threatened “sanctions” to be taken against the newspaper ”such as suspension of parliament house passes or withdrawal of access to the press gallery in the chamber”.
The response of the paper was immediate.
And if that was not provocative enough, there was this editorial"