Monday, October 10, 2011

Richard Sulik

SlávnostnĂ© otvorenie Detskej univerzity Komens...Image by Bratislavsky kraj via FlickrI may have a new hero, Richard Sulik a politician from Slovakia. He is  the leader of the classical liberal Freedom and Solidarity Party  and is holding up the current Euro Bailout Fund. He seems to talk common sense. Here's a few extracts from a recent interview:



SPIEGEL ONLINE: Slovakia has yet to approve the expansion of the euro backstop fund, the European Financial Stability Facility (EFSF), because your Freedom and Solidarity (SaS) party is blocking the reform. If a majority of Slovak parliamentarians don't support the EFSF expansion, it could ultimately mean the end of the common currency.
Sulik: The opposite is actually the case. The greatest threat to the euro is the bailout fund itself.
SPIEGEL ONLINE: How so?

Liberals getting ready

Logo of the Liberal Party of AustraliaImage via WikipediaGood to see the Liberal Party of Australia  is getting  an early start to fighting the next election:

Federal Liberal Party fast-tracks preselections in eight key seats

Those seats include Parramatta, Greenway and Lindsay. I expect their will be a good field of potential candidates for those seats.

Also  fund raising has well and truly started. Only there's nothing new about asking for small donations, Barry had a similar scheme prior to the NSW election.

Liberal Party prepares war chest for snap poll
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Saturday, October 8, 2011

Peter Costello on Tax and Debt

Peter Howard CostelloImage via WikipediaI usually don't listen to Alan Jones but here is a great interview he did with Peter Costello. its so good to hear such clear common sense.
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Saturday, October 1, 2011

Woman in Military Combat Roles

Greg Sheridan is 100% right. When I see women playing first grade Rugby in any number is when I'll believe they should be in Army combat roles. They just don't have the physical strength. Its a attempt to weaken our military.

Saying standards will be maintained and only woman who meet those standards will be accepted is nonsense. If that happens only a very small percentage will make the grade and you can bet for political reasons those standards will be lowered. Also it will be interesting to see how many women will injure themselves trying to keep up with the men.

The army is pitched at the average Australian male. The idea is in time of war you can drag an ordinary bloke out of the pub and make a solider out of him. The average woman is just not as strong as the average man. End of story.


Women have no place in combat



A NATION that sends its women into front-line combat, into close infantry, hand-to-hand fighting and killing, is a nation that either doesn't take combat seriously or doesn't take respect for women seriously. This wretched decision to make all combat roles in the Australian military available to women moves Australia closer to both outcomes. It will make our military less effective, and less respected, and it will make women less respected as well.
It is a decision born of a postmodern fantasy, a kind of derangement of nature contrived by ideology against reason, common sense, military professionalism and all human experience. It is almost certainly a sign that the Gillard government has more or less stopped taking defence seriously.......

Thursday, September 29, 2011

Trader from Hell

This fellow has been getting lots of bad press recently, why I'm not sure.  That he sees opportunities in the coming collapse is to be expected. People like Peter Schiff have been telling anyone who wants to listen the same thing for years.   Traders know how to make money when the market is going up and when its going down. Personally I have been dreaming about another major crash for three years too, but my dreams have been more like nightmares. Unlike Mr Rastani I'm not a skilled trader.



Saturday, September 3, 2011

Goldman Sachs and the coming collapse

Interesting article,  the bankers at Goldman Sachs  who were bailed out by President Obama,  think the US economy is going to sink like a stone .  Thats  despite telling the general public the opposite. They told institutional investors how to benefit from the coming collapse.  They also happen to be one of President Obama's largest campaign contributors. Would be interested to know if they are contributing to any of the Republican challenger's campaigns .




A top Goldman Sachs Group Inc. strategist has provided the firm's hedge-fund clients with a particularly gloomy economic outlook and suggestions for how these traders can take advantage of the financial crisis in Europe.
WSJ's Shira Ovide has details of a report issued by Goldman Sachs that paints a bleak picture of the global economy. Chris Hondros/Getty Images
In a 54-page report sent to hundreds of Goldman's institutional clients dated Aug. 16, Alan Brazil—a Goldman strategist who sits on the firm's trading desk—argued that as much as $1 trillion in capital may be needed to shore up European banks; that small businesses in the U.S., a past driver of job production, are still languishing; and that China's growth may not be sustainable.


Thursday, September 1, 2011

Desperation

Photograph of Peter Beattie, former Premier of...Image via Wikipedia
Just how desperate is Labor? They are now considering recycling former Queensland Premier Peter Beattie as a future Prime Minister. He hasn't been in politics for years and what seat would they give him? On current polls Labor would lose all but Rudd's. Perhaps they intend to Rudd with Beattie. that would be fun to see.
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