The Australian share market is experiencing its biggest one-day fall since the September 11 terrorist attacks in 2001. 

Local stocks have plunged 6.4 per cent, after heavy losses on Asian and European markets overnight. 

Senator Hillary Rodham Clinton said that if she became president, the federal government would take a more active role in the economy to address what she called the excesses of the market and of the Bush administration. 

The Republican presidential contest entered a new phase on Sunday as the campaigns descended on Florida for the first primary in which all the candidates are participating full force, using as their stage a state famous for divisive election battles.  

Thanks to high oil prices and hefty subsidies, corn-based ethanol is now all the rage in the United States.  

“Australia has sacrificed the principles of science-based management and sustainable use that are the world standard (and which Australia uses in other international forums and for the management of its own wildlife) as a political expediency to satisfy the interests of non-government organisations. 

Surfer Swan hits heavy weather …..

English classic actor Michael Gambon once defended his right to keep some things private from an intrusive media by saying if an audience knew everything about a thespian say, perhaps, that he was a model railway enthusiast it would detract from the performance.

Sometimes, in a bid to appear human, aspiring politicians reveal just a little too much of themselves.  

Pope Benedict XVI has cancelled a planned visit to a prestigious Italian university after a protest by academics and students attacked his views on Galileo, the Vatican confirmed Tuesday. 

The pope had been due to give a speech at La Sapienza university in Rome Thursday to open its academic year. 

Romney wins in Michigan primary ….. 

Republican Mitt Romney has won the US state of Michigan's presidential primary, beating Senator John McCain. 

Giving a victory speech to jubilant supporters as the results came in, Mr Romney said the win marked 'the beginning of a comeback'. 

from the Washington Post .... 

from The Evening Standard (London) ….. 

There is something unedifying about Tony Blair's joining of investment bank JPMorgan and I don't just mean on the part of the former Prime Minister. 

the emperor ….. 

US President George Bush stepped up his war of words with Iran today, calling Tehran the world's leading state sponsor of terrorism in the keynote speech of his tour of the Middle East and the Gulf. 

In her victory speech last night, Hillary Clinton probably nailed the underlying reason for her remarkable comeback in New Hampshire. In the last three days, Clinton had changed her pattern, spending far more time taking questions and comments and less time delivering the same old stump speech.  

from Buzzflash ….. 

We received a memo from Liberty "Falwell" University on November 30th, signed by Jonathan Falwell, son of the recently deceased Jerry - and now overseer of the vast Liberty University/Moral Majority corporate empire. 

Putin doesn't have a soul: Clinton 

Democratic White House hopeful Hillary Clinton joked that Russian President Vladimir Putin, as an ex-KGB agent, had no soul, in the latest swipe at Russia from the 2008 campaign trail. 

In about turn, Bush signs climate change bill 

President George Bush, after years of holding out against proposals to combat climate change, yesterday signed into law an energy bill establishing higher fuel-economy standards for new cars and other conservation measures.