Friday 29th of March 2024

regarding henry .....

regarding henry .....

Reserve Bank of Australia (RBA) governor Glenn Stevens says he supports the Government's move to guarantee unlimited bank deposits. 

A newspaper report today claims the RBA is concerned the Government's recent decision to provide an unlimited guarantee of all bank deposits is distorting the market.

there's something about henry .....

there's something about henry .....

from Crikey ….. 

This morning Treasury Secretary Ken Henry talked - when permitted to by Coalition senators - about the Rudd Government’s bank guarantee and the claims, made with alarming prominence in The Australian yesterday, that the RBA had always wanted a cap on it.  

guess who .....

guess who .....

On the brief occasions when the President now appears in the Rose Garden to "comfort" or "reassure" a shock-and-awed nation, you can almost hear those legions of ducks quacking lamely in the background.  

in history's page .....

in history's page .....

Ordinary Cubans could reasonably be excused for wondering why the fates have dealt them such a rotten hand over the years, but at last it seems that their luck may have changed.  

from the road to damascus .....

from the road to damascus .....

US President George W Bush's first Secretary of State, Colin Powell, has endorsed Democratic election candidate Barack Obama for the White House. 

Backing Mr Obama over John McCain, the Republican Party's choice to succeed Mr Bush in November, he said the Democrat had the 'ability to inspire'. 

keeping us safe ...

keeping us safe ...

President George W Bush has invited world leaders to gather in the US by the end of the year to discuss reform of the global financial system. 

The summit would be the first of a series announced after talks between Mr Bush, French President Nicolas Sarkozy and EU Commission chief Manuel Barroso. 

colour me convenient .....

colour me convenient ......

Democratic Party circles are in raptures over Colin Powell's endorsement of Barack Obama.  

the bleedin' obvious .....

the bleedin' obvious .....

So, we Australians don’t trust politicians. Tell us something we don’t know. 

wanted: salvage expert .....

 salvage expert .....

If Sen. Barack Obama wakes up as the president-elect on Nov. 5, he will immediately assume responsibility for fixing a shredded economy while the Bush administration is still in office.

from struggle street .....

from struggle street .....

Financial workers at Wall Street's top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid in discretionary bonuses, for their work so far this year - despite plunging the global financial system into its worst crisis since the 1929 stock market crash, the Guardian has learned.

crimes of the times .....

crimes of the times .....

from Alan Ramsey …… 

The Rudd Government this week "dealt" with the gravest "global financial crisis" since the Great Depression of the 1930s by ignoring Parliament. 

the death of the budgie smuggler .....

the death of the budgie smuggler .....

Scanners being tested at Melbourne Airport will not blur the genitals of passengers.

Transport security authorities are trialling the new 'X-ray backscatter' body scanner, which has been described by critics as a 'virtual strip search'. 

the gecko gang .....

the gecko gang .....

The Government has some power to influence executive pay levels. But it can't do so alone. It needs help from company boards. Hitherto boards have been in the thrall of chief executives, seduced by the cult of the big chief, happy to be duchessed and co-opted.  

look at me, look at me .....

look at me, look at me .....

Gordon Brown's key role in heading off a global financial crisis was challenged last night by the French President, Nicolas Sarkozy. 

The two leaders jostled for position at a European summit in Brussels amid tensions between them over who should get the credit for the landmark decision by governments around the world to take stakes in ailing banks. 

running of the bull .....

running of the bull .....

Opposition Leader Malcolm Turnbull has addressed the nation a day after the Prime Minister, accusing the Federal Government of missing the warning signs ahead of the financial crisis. 

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