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Achtung!... the full story is more interesting than any caricature. In the last decade, Germany has succeeded in some important ways that the United States has not. The lessons aren’t simply liberal or conservative. They are both. With our economy weakening once again — and with Chancellor Angela Merkel of Germany visiting the White House this week — now seems to be a good time to take a closer look. The brief story is that, despite its reputation for austerity, Germany has been far more willing than the United States to use the power of government to help its economy. Yet it has also been more ruthless about cutting wasteful parts of government.
in the screwing business...To understand this story, you have to reel back to the birth of the IMF. In 1944, the countries that were poised to win the Second World War gathered in a hotel in rural New Hampshire to divvy up the spoils. With a few honourable exceptions, like the great British economist John Maynard Keynes, the negotiators were determined to do one thing. They wanted to build a global financial system that ensured they received the lion's share of the planet's money and resources. They set up a series of institutions designed for that purpose – and so the IMF was delivered into the world.
true lies.....Opposition Leader Tony Abbott has dismissed Labor stalwart Bob Hawke's support of the carbon tax, saying he is "as dishonest" as Prime Minister Julia Gillard. Mr Hawke today joined Ms Gillard to launch a report into how climate change would affect Kakadu National Park. He said Mr Abbott was "as mad as a cut snake" over his opposition to the carbon tax. But the Opposition Leader hit back during Question Time, saying both Ms Gillard and Mr Hawke have been caught lying to the public.
joyce had a bucket...Nationals Senate leader Barnaby Joyce says the Coalition would repeal any proposed income tax cuts linked with a carbon tax if elected. The Government plans to introduce a carbon tax on the 1,000 biggest polluters in 2012, and offer compensation for low- to middle-income households. Prime Minister Julia Gillard has argued it would be hard for the Coalition to put taxes back up as part of scrapping a carbon price. But Senator Joyce has told ABC TV's Lateline the tax cuts would be abolished along with the carbon tax if the Coalition was in power.
doing doughnuts...Sarah Palin made a grand entrance at the Rolling Thunder biker rally on Sunday, wearing a black Harley-Davidson helmet and visibly enjoying herself as a crush of reporters and bikers swarmed her motorcycle. Ms. Palin, the former governor of Alaska, was joined by her husband, Todd, who was wearing a matching helmet, and her daughters, Bristol and Piper. Their arrival at the Pentagon North parking lot turned the lazy Sunday morning into a celebrity affair.
good on you Kate...Nationals Senate Leader Barnaby Joyce has criticised the appearance of actress Cate Blanchett in an advertising campaign urging Australians to "Say Yes" to a tax on carbon. The advertisement, which also features actor Michael Caton and begins on television tonight, is funded by a coalition of unions and green groups. Senator Joyce says highly paid actors like Blanchett need to understand many people will be hit hard by the carbon tax.
solar record...The Turanor PlanetSolar, the world's largest solar boat, will berth at Brisbane's Riverside Centre pontoon near Eagle Street tomorrow. ![]() The 31-metre Turanor PlanetSolar. It will be the first Australian stop on its quest to become the first entirely solar-powered vessel to circumnavigate the world. The $16.7 million yacht, which has been compared to Star Trek's Starship Enterprise, relies on the force of the sun and its extremely powerful batteries. The multi-hull catamaran, which measures 31 metres by 15 metres, is fitted with 38,000 high-efficiency solar cells.
landmark historical rhetoric...
the end of the absurd war...
trust murdoch rags? sure don't...Page 21 of the Daily Telegraph, Sydney — a Murdoch paper... 21 may 2011
the trees of life...picture by Gus
Johann Hari: A turning-point we miss at our peril We have the choice of burning all the oil left and hacking down all the remaining rainforests - or saving humanity
flies with that .....from Crikey ..... Pollies grumble at writers' fest: 'good govt and ALP are strangers' Margot Saville writes:
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