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The Government's theoretical model does not stand up to scrutiny in the real world. Collecting higher taxes from the mining industry to disburse for other worthwhile purposes may be perceived as contributing to the 'common good'. In fact, the reverse could be true.
'Poverty alleviation is a national goal that should be financed by the national government,' argues the Henry report. This sentence cuts through years of evasion and obfuscation. Poverty is back on the agenda, and it's the Federal Government's responsibility.
Between Rudd's ETS and Abbott's 'climate con job', Australians concerned about climate change have little to cheer about. A growing acceptance of the failings of our market based economy has put wind in the sails of an idea becalmed for a decade.
Michael Moore makes documentaries only in the sense that Today Tonight does investigative journalism. That's not to say he doesn't land a few well-deserving kicks while he's at it.
Kevin Rudd last week talked up population growth, saying he 'believes in a big Australia'. But we are not well placed to deal with the environmental challenges of a population of 35 million. Road use and pet ownership are among the many aspects of our lifestyle that will need careful evaluation.
Rudd Labor's first Budget last year seemed to indicate a turn towards a fairer Australia. After the scripted theatre of pre-budget leaks, secure lock-ups and dazzling announcements are stripped away, the 2009–10 Budget indicates we may be waiting for a long time yet.
On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face. (October 2008)
After the 2001 Argentine economic disaster, workers' collectives organised to autonomously run their enterprises. The collapse of the ABC Learning empire should not be seen as a total calamity, despite the obvious potential for fallout.
It can be hard to spot the villain in a Coen Brothers movie. The ill-fated scheme at the heart of their latest comedy is instigated by Linda, an endearingly goofy gym employee who longs to be able to afford cosmetic surgery.
Circumstantial evidence suggests that during the past few weeks we have seen a massive manipulation of monetary policy to support US bank stocks. The manipulation has been played out in plain view, which, of course, is the best place to hide a secret.
On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face.
Accusations of greed followed Canterbury Bulldogs star Sonny Bill Williams' decision to break his contract and accept a lucrative deal with a French union club. Greed is surprisingly pervasive in Australia. The reintroduction of death duties might keep it in check.
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