May 27, 2010
The markets around the world have entered a difficult phase and we are caught in the vortex. We may have been able to escape from the uncertainty and the calamity of it all except the government decided to tax our most prosperous sector for vulgar political purposes after having used the Howard surplus to pursue a series of policy implementation failures, adding to the malaise and putting pressure on the currency and local interest rates.
May 20, 2010
"Social systems can survive a good deal of folly when circumstances are historically favourable, or when bungling is cushioned by large resources or absorbed by sheer size, as in the United States during its period of expansion. Today, when there are no more cushions, folly is less affordable." ~Barbara Tuchman
May 5, 2010
An excellent report that could have provided the basis for a healthy, productive and mostly agreeable debate has been tainted by political expediency and a lack of conviction and courage on the part of the Prime Minister and Treasurer. Henry, we strongly suspect, would wish to expand the GST to include food, rather than the big mining royalty tax.