Rudd Labor

Is Labor gone? Sunday’s speakeasy

en Passant - June 13, 2010 - 9:06am

The polls show Labor could lose the next election, due within six months. Prime Minister Kevin Rudd’s popularity is in free fall since his decision to ‘postpone’ his Emissions Trading Scheme. Will Labor lose? Is this just a blip or is there a fundamental shift away for Labor? Hit the comments button to have your say on this or anything else.

The lies of the mining maggots

en Passant - June 10, 2010 - 11:51pm

The mining maggots don’t give a toss about jobs. All they care about is their profits.

During the global financial crisis guess who sacked tens of thousands of workers? The mining maggots. 

They got rid of 15 percent of their workforce. So much for their concern about jobs.

Here’s how the head of the Treasury, Ken Henry, put it, as reported in the Sydney Morning Herald:

It is true that Australia avoided a recession, but the Australian mining industry actually experienced quite a deep recession. In the first six months of 2009 it shed 15 per cent of its workers. Mining investment collapsed, mining output collapsed.

Had every industry behaved that way our unemployment rate would have climbed to 19 per cent. Read more »