“If a bank were guaranteed to get its money back, plus interest, no matter what it did, the whole system wouldn’t work. Imagine I were to walk into the nearest branch of the Royal Bank of Scotland and say ‘You know, I just got a really great tip on the horses. Think you could lend me a couple million quid?’ Obviously they’d just laugh at me. But that’s just because they know if my horse didn’t come in, there’d be no way for them to get the money back.
Articles from The Australian Independent Media Network
By Gail Tverberg
Australia’s economy would be in a lot better shape if commodity prices were higher. Its mineral exports would rise, as would its exports of coal and natural gas.
Can you imagine trying to have a sensible conversation with a redneck? Matt Hurley considers how it might pan out.
It’s not an unusual sight to see a ute with a plethora of nationalist, jingoistic sentiments and country pub stickers plastered all over it. Today I saw such a ute with several hundred of these stickers, some of which got me thinking. I wondered how a conversation between myself and the driver might play out.
Our beloved PM has an unfair reputation for being negative, and I couldn’t help but think how unfair that was while reading a transcript of the delightful doorstop interview that Mr Abbott gave yesterday.
I have been rummaging through articles at The AIMN looking for totally bizarre comments from Tony Abbott but I downed tools when I read this on the Prime Minister’s own web page (from a doorstop interview):
In looking back over the previous ten years, the IPA Review published in March 1960 described the 50s as the decade of growth, industrial peace, and political stability.
But even more importantly, it was “the decade of the gadgets”.
A disturbing trend is emerging in the same-sex marriage debate. Reminiscent of a child throwing a tantrum, individuals and representatives of organisations opposed to equality are stamping their feet and resorting to more desperate threats. While it may be easy to write these people off as educationally challenged, for the most part they are not. So what on earth makes grown men and women resort to infantile tactics to fight the prospect of gay marriage being legalised in Australia?
With Tony Abbott and his government trailing miserably in the opinion polls and seemingly rudderless in turning their fortunes around, will they take a leaf out of the history books if all else fails?
Tony Abbott’s poll position is not dire, as was John Howard’s in 2001. In April of that year the Howard government trailed 60/40 in the Nielsen Poll and in September it had turned around to 57/43 in their favour. They went on to easily win the November Federal election.
By Keith Davis
Dangerous small minds control our levers of power and we-the-people are, through our very apathy, steering our country down a path that may well one day leave us, and our reputation as a people, beyond any form of redemption. There is a craziness abroad in our wide brown land.
How did we let it come to this?
“Senator Back: In terms of the effects, I did ask the Chief Medical Officer of South Australia in Adelaide the other day whether or not stress or annoyance is an adverse medical condition.