Friday 26th of April 2024

just one big hole .....

just one big hole .....

Even as China's state media on Tuesday slammed the country's massive U.S. debt purchases, U.S. Treasury Secretary Timothy Geithner said China's leaders believe in "the basic resilience and dynamism of the U.S. economy."

Geithner said the economic and finance officials he met with during his two-day trip did not repeat concerns they have expressed publicly over the past few months about the deteriorating value of their holdings of U.S. Treasuries or the U.S. dollar position as the world's dominant reserve currency.

barnaby baby .....

barnaby baby .....

God doesn't need to save the Queen - she's got Barnaby

As the June 15th deadline nears for the Australian Government's decision to allow or disallow Chinalco to increase its stake in Rio Tinto, opposition to the move is playing out like a 19th century English comic opera, with Barnaby Joyce playing the "very model of a modern" toady of the Queen.

His crusade to protect Rio Tinto from the Chinese on the grounds of Australia's national interest is high farce-it is a British company, owned by Her Majesty Queen Elisabeth herself.

The history of Rio Tinto is full of ironies with regards to the flap over Chinalco's share bid:

the value of non-renewable interests .....

non-renewable interests .....

If outlanders tend to associate Australia with kangaroos, broad-brim leather hats and an opera house, many Australians are different. They think of iron ore and bauxite, copper and coal, nickel, gold and uranium, a trove of mineral riches that is their nation's birthright and the bedrock of its prosperity.

Australia vetoed part of a $1.8 billion bid for Oz, a large zinc miner, because the military raised the prospect of Chinese espionage at an Oz mine not far from an aerospace test site.

excited delirium .....

excited delirium .....

A Travis County Constable used his Taser gun on a 72-year-old great grandmother after she refused to sign a speeding ticket.

The cop claims he was forced to defend himself because Kathryn Winkfein "got violent" in her refusal to sign the ticket.

The cop said she also used profanity, making him fear for his life.

Winkfein told an Austin news crew in the above video that the entire report was based on lies.

http://carlosmiller.com/2009/06/02/texas-deputy-uses-taser-on-72-year-old-great-grandmother/

from the swineherd .....

from the swineherd .....

The World Health Organization (WHO) on Thursday officially declared it would stop calling the new strain of flu "swine flu," because no Pigs in any country have been determined to have the illness and the origination of the strain has not been determined.

the language of settlements .....

the language of settlements .....

Talks between Barack Obama and the Israeli and Palestinian leaderships over the past fortnight have unleashed a flood of media interest in the settlements Israel has been constructing on Palestinian territory for more than four decades.

The US president's message is unambiguous: the continuing growth of the settlements makes impossible the establishment of a Palestinian state, and therefore peace between Israelis and Palestinians.

toxic television .....

toxic television .....

Australia's first television glass recycling plant is calling for New Zealanders' old televisions, as environmental organisations on both sides of the Tasman Sea try to stem the flow of toxic TVs to rubbish dumps.

Increasing numbers of people are dumping lead-containing cathode-ray tube televisions as they buy new flat-screen and digital televisions before the switch to digital broadcasting.

The change is due in 2013 in Australia and 2012-2015 in New Zealand.

Most discarded TV sets end up in landfill, with the toxins they contain such as lead, mercury and arsenic.

mister gravitas .....

mister gravitas .....

Peter Costello broke his self-imposed silence in parliament today to call Wayne Swan a moron as Treasurer extolled the today's national account figures.

The former Treasurer, now a backbencher, interjected with a blunt "Dope!"

"You're a moron," Mr Costello continued.

Kevin Rudd and Mr Swan could barely conceal their joy at today's GDP figures, which showed the economy growing and averting a recession in the technical sense.

The heated exchange, which came as the parties jostled over who had the best record as economic managers, was a throwback to another era when Mr Costello fired up regularly in question time.

extended warranty .....

extended warranty .....

In a defining moment for American capitalism, President Barack Obama ushered General Motors Corp. into bankruptcy protection Monday and put the government behind the wheel of the company that once symbolized the nation's economic muscle.

The fallen giant, the largest U.S. industrial company ever to enter bankruptcy, is shedding some 21,000 jobs and 2,600 dealers. Sparing few communities, the retrenchment amounts to one-third of its U.S. work force and 40 percent of its dealerships.

what's up doc .....

what's up doc .....

from Wikileaks .....

The Australian Department of Health and Ageing (DHA) has set out to constrain the number of doctors graduating, despite supply shortages which have seen the country poaching medical staff from the developing world.

A FOI request executed on the DHA returned among other documents, the Howard era document C160.

A portion of that document is blacked out because the DHA claims it was contrary to public interest to reveal the information.

The DHA action serves to highlight the Deparment's political sensitivies.

so much bull .....

so much bull .....

Today's surprise rise in the country's growth figures has prompted a war of words in Federal Parliament over what exactly is responsible for the jump.

The increase in growth of 0.4 per cent for the March quarter means that Australia has avoided falling into a technical recession.

Prime Minister Kevin Rudd says the growth would not have happened without the Government's economic stimulus measures, including cash handouts and infrastructure spending.

torquemada .....

torquemada .....

Dick Cheney continues to insist that "enhanced interrogation" kept Americans safe and, until now, has had some success pushing this nonsense. But if you examine the timeline for Abu Zubaydah from the time he was captured until he was subjected to American-style torture you will realize that Dick Cheney is completely, utterly full of shit.

moments of truth .....

moments of truth .....

With the stroke of a pen Tuesday, Obama created the Ronald Reagan Centennial Commission, an 11-person panel that will plan and carry out activities to mark the 100th anniversary, in 2011, of the president's birth.

His widow, Nancy, watched as Obama signed the bill in the Diplomatic Reception Room of the White House.

calling the milky bar kid .....

calling the milky bar kid .....

The Federal Government says it will consider a request by the US President, Barack Obama, for Australia to resettle some of the detainees in the Guantanamo Bay prison camp.

It is believed the request was made a week ago by the US embassy to the Prime Minister's senior adviser on foreign affairs, defence and national security, Philip Green.

It is the third request by the US  but the first by Mr Obama for Australia to help close down the prison camp set up by the Bush administration to house captives in the so-called "war on terrorism''.

not particularly sensational .....

not particularly sensational .....

Photographs of alleged prisoner abuse which Barack Obama is attempting to censor include images of apparent rape and sexual abuse, it has emerged.

At least one picture shows an American soldier apparently raping a female prisoner while another is said to show a male translator raping a male detainee.

Further photographs are said to depict sexual assaults on prisoners with objects including a truncheon, wire and a phosphorescent tube.

Another apparently shows a female prisoner having her clothing forcibly removed to expose her breasts.

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