Ms Julia Gillard (millionairesss prime minister of Ostralia), when asked just prior to signing additional loan documentation to continue borrowings in the order of abour $100 million a day, said the European nations deserved to be suffering credit downgrades; she said they had it coming because they avoided making tough financial decisions. Sarkozy (who has [...]
Entries Tagged as 'australia'
Pot Calling the Kettle Black
January 16th, 2012 · No Comments
Tags: australia · economy · europe · money · politics
It’s an Ill Wind of Hot Air that Blows Through Corporate Government
December 21st, 2011 · No Comments
In 2011, South Australia drew more than 20 % of its electricity from wind turbines; while in Victoria the Baillieu government all but gutted the industry by requiring two-kilometre set-backs from houses, ruling out new turbines in vast tracts of the state and the NSW O’Farrell government considers whether to follow Victoria or South Australia. Why? The [...]
Tags: alternative energy · australia · energy · wind power
Trailer Trash Queensland Style
December 21st, 2011 · No Comments
Both the Australian federal government and Queensland state government have proven they are unable and incapable of implementing affordable housing as the numer of homeless Australian continues to grow. The Salvation Army indicated that it will need to feed 2.2 million Australians at Christmas … all in an environment of massive earnings from royalties for [...]
Tags: australia · housing · politics · queensland
Bankrupt Labor Government Borrows Money to Lend to IMF?
November 3rd, 2011 · No Comments
Julia Gillard was on the news earlier today (Nov 3rd) ’advising’ the EU to better manage their affairs and, in a magnanimous gesture, she has offered extra funding from Australia to create a buffer against other countries following Greece into financial collapse. WTF ? How can anyone in their right mind – let alone Ms Gillard – [...]
Tags: australia · europe · money
Crystal Ball for Aussies
December 23rd, 2010 · No Comments
If Australians want to get an insight into how things will pan out here, they only have to look at America. Despite soaring unemployment and the 19 million Americans currently living in “deep poverty”, federal funds for the Temporary Assistance For Needy Families (TANF) program have entirely dried up for the first time since 1996, [...]
