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Monthly Archives: December 2011

Why put it in writing? Gillard-Rudd tensions confirmed

There was nothing surprising about the Sydney Tele this morning resurrecting yet again a yarn about the cost of MP’s travel. It is a great silly season stand-by. But today’s rewrite did contain one little snippet I missed when first published back in September. It was an extract from an email the paper obtained under a [...]

Getting his political teeth into it

Photo opportunities don’t always work out as the political spinners plan. Here’s President Barack Obama after picking up eight month old Cooper Wall Wagner while holidaying in Hawaii and asking him: “What’s going on, man? How ya doing?”

Republican nomination: markets and the polls disagree

There is a growing divergence between who the opinion pollsters are recording as the most popular Republican presidential candidate and who the markets are predicting finally will be endorsed. The Real Clear Politics average of the pollsters’ findings puts Newt Gingrich as the popular choice with 27.8% support followed by Mitt Romney on 24.4%. The Betfair and Intrade markets, however, put [...]

Market predicting interest rate fall

There are two chances in three that Australia’s official interest rates will fall again when the Reserve Bank board next meets. That’s the current verdict of the Crikey Interest Rate Indicator.

Picking the best film Oscar winner

There is a clear cut opening favourite in The Crikey Best Film Oscar Indicator. The Artist is rated as a 45.5% chance with The Descendants second pick.

A new year’s message – We all die in 2012

Office plankton

I was rather taken with this description of young Russians from this morning’s International Herald Tribune:

Nonsense aplenty

Never can a  Donald Rumsfeld quote have been more appropriate than now when the pundits are pretending to know what might happen in North Korea: There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don’t know. But [...]

Another look at how the richest get even richer

The US Center on Budget and Policy Priorities has produced this chart showing how throughout the world the highest paid 1% have increased their share: Australia comes in mid-field but with the top 1%’s share growing at a faster rate than in most OECD countries.  

Gillard knifes Carr in a risky reshuffle

Innovation minister and Labor Left stalwart Kim Carr is the key victim of a ministerial reshuffle that looks as much a purge to shore up Julia Gillard’s support as an effort to redistribute Labor’s talent. As expected, Bill Shorten is the big winner, promoted into Cabinet and taking Workplace Relations while retaining his role as [...]