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Obama careless with the truth

Watching Lateline and caught a clip of Obama denying there was any substance to the story of his association with William Ayers, a Weatherman of the 60s and 70s. “And the notion that somehow as a consequence of me knowing somebody who engaged in detestable acts 40 years ago, when I was 8 years old, somehow [...]

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Here’s something a bit interesting

Some Democratic congressfolks have had the intriguing and unorthodox idea that the role of Congress is to legislate. Ian Welsh has the details on the preparation of alternative bills to the Paulson take it or leave it (with bells and whistles to entice you to vote for it added in the Senate!) TARP measure. I’m not [...]

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Joel Fitzgibbon sticks with joint fighters

Australia remains committed to the Joint Strike Fighter aircraft despite reports the warplane has performed poorly in exercises against aircraft used by China and Russia. Defence Minister Joel Fitzgibbon told ABC TV's Lateline program last night the JSF was still the right aircraft to ensure Australia's military superiority. Despite the poor results of the recent Pacific Vision Wargames exercise in...

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Turnbull poll bounce? ACNielsen 52-48, Newspoll 55-45

ACNielsen has Labor behind the Liberals on primaries 42-41, the first time the Libs have been ahead of Labor in the Nielsen poll since September 2006. Labor leads in the 2PP 52-48, and Kevin Rudd leads Malcolm Turnbull on PPM 56-33. Rudd led Brendan Nelson 65-19 in the August poll. The Liberals have gained 3% on [...]

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The end of financialisation? II

As a supplement to earlier posts on the sociology of the global financial crisis from Kim and dk.au, I thought I’d note something very interesting written by Henry Farrell at Crooked Timber. Farrell traces the shift in paradigm in the regulatory architecture of finance, one that has supplemented the first shift away from direct involvement [...]

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The ego has landed - Swan taunts Libs

MALCOLM Turnbull is self-obsessed and his ego will not go down well with voters, says Labor.

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The predictions of political scientists

Link: Turnbull looks the man for the job - Gerard Henderson - Opinion - smh.com.au. Shortly after the Coalition's defeat in last November's federal election, Dr Norman Abjorensen appeared on Lateline and predicted the demise of the Liberal Party. Yet, within less than a year of John Howard's devastating defeat, the Liberals have regained government in Western Australia with the support of the Nationals....

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Is the Navy talking up China's nuclear submarine threat?

Should the Australian Defence Force be structured and sized for going to war against China as an appendage of US Pacific Command?

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Costello steps aside

PETER Costello has ruled out any future tilt for the Liberal leadership setting the scene for a switch to Malcolm Turnbull.

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Costello ends guessing game

FORMER treasurer Peter Costello has ruled out any future tilt for the Liberal leadership, ending months of speculation.

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Quickie science

The start-up of the Large Hadron Collider has been widely reported in the media; for an explanation, you could do worse then this introduction and this quite good interview with Paul Davies on Lateline last night. If you remember your high-school physics (and that’s basically all I remember…), you might recall protons, neutrons, and electrons, the [...]

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Newspoll: Labor 56-44

Via The Poll Bludger, the same old same old from Newspoll. I think what Rod Cameron had to say on Lateline had a lot of merit - voters will give Kevin Rudd at least another year before making a final judgement. In the meantime, the Liberals probably are wasting their and all of our time [...]

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Nelson’s interest rate gambit

As Dennis Atkins observes, Brendan Nelson yesterday took what appeared to be a calculated gamble in breaking the convention that senior pollies don’t comment on the Reserve Bank’s interest rate decisions. Nelson called for a cut of 50 points in the cash rate. I suspect this was some sort of pre-emptive strike to try to [...]

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GPT says asset sales "sensible"

Property group to realign business after posting $68 million loss. 28 Aug 2008 12:39 AM

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Austal expects US market to take off in 2009-2010

Shipbuilder says making "calculated risk" in US investment. 25 Aug 2008 11:41 PM