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"the relentless pursuit of common sense" A Variety of Opinions From Various Writers
Browsing All Posts filed under »Economy«
Australian Budget Delivered – There Is Just One Figure You Need To Know About Treasurer Wayne Swan – $19.4 Billion
By Andrew Bolt ~ Last night, Federal Treasurer, Wayne Swan delivered his sixth Budget for Australia. With this Labor Government so out of favour with the voting public, and standing so low in the Polls, this could prove to be his last Budget, with the Federal Election looming in September. It was not a typical […]
If Australia Is Doing So Well, How Did Treasurer Wayne Swan Go Broke?
By Andrew Bolt ~ Tonight, the Australian Treasurer Wayne Swan hands down the Budget for Australia. This is an election year, and every Budget handed down during an election year has huge amounts of money in give aways to bribe lure the voting public into supporting them. This year however, the cupboard is bare, and […]
Australia Cuts Foreign Aid As Prime Minister Gillard Walks Even Further From Another Costly Rudd Plan
By Andrew Bolt ~ Australia’s former Prime Minister Kevin Rudd once had hopes of being a UN grandee, or of at least buying us a seat on the UN Security Council. Money seemed no object, and I was astonished that no hardheads in Labor were asking about a dramatic increase in spending that didn’t seem […]
Obama Breeds Rebellion Among The States
By Alan Caruba ~ The resistance to Obamacare is writing a new chapter in U.S. history. It may well become the most unpopular law since Prohibition became an Amendment to the Constitution in 1919. By 1933, another Amendment repealed it. Obamacare passed by a straight Democratic party vote on Christmas Eve in 2009. No Republican […]
Australian Treasurer Wayne Swan Should Be Sacked
By Andrew Bolt ~ Good question from Terry McCrann: Why hasn’t Wayne Swan been sacked? The Treasurer, Wayne Swan should go, after the disastrous forecasts and assumptions on which his budget was based. It is absolutely fundamental to understand that this is not just a matter of getting forecasts wrong in a volatile and uncertain […]
Australia’s Climate Change Minister Greg Combet Announces The Death Of The Global Warming Scare
By Andrew Bolt ~ I watched the global warming scare this week drowning in a pool of red ink, right on my television screen. I don’t just mean Climate Change Minister Greg Combet being forced yesterday to eat his mendacious words, having blown a gigantic hole in the Budget . First there was Monday night’s […]
Australia’s Defence Now Totally Disabled
By Andrew Bolt ~ Funding for the disabled will come in part from disabling Australia: THE Gillard government is set to trim another large chunk from the defence budget as it seeks to cut spending in areas that carry a low risk of political damage. The Daily Telegraph understands more than $1 billion could be […]
Australian Labor Government – When The Money’s Gone, Spend Even More
By Andrew Bolt ~ Australian Prime Minister Julia Gillard has an unusual approach to budgeting. If the money isn’t there, just spend more: JULIA Gillard will today reveal a further deterioration in the government’s tax revenue forecasts, with Treasury warning that the federal tax take this financial year will be $12 billion less than predicted […]
Australia’s Labor Government Tells Us To Forget Everything They Said Last Year About A Surplus
By Andrew Bolt ~ Last year the Gillard Government said we must reach a surplus this year – or else: Treasurer Wayne Swan: Our commitment to return the budget to surplus in 2012-13 is even more important in the environment that we’ve got in Europe. We’re seeing the consequences of lax fiscal policy in many […]
Drastic Defense Cuts Will Undermine Diplomacy
By Peter Huessy ~ The United States is engaging in a major debate over the appropriate size of the Defense Department. At its heart are two issues. First, should we continue to reduce our military spending by roughly $947 billion over the next decade, as was agreed to in the Budget Control Act of 2011? […]
Australia’s Labor Government Keeps Spending Faster Than It Can Even Tax
By Andrew Bolt ~ Australia’s Opposition finance spokesman Andrew Robb catches the Gillard Government sneaking out more evidence that it’s simply spending too much, and has run out of our money: The monthly statements dropped out at 4.20pm on Friday show that for the year to February Labor has actually raised $15.8 billion more in […]
North Korea Won the Coin Toss Humor
The Patriot Post ~ Manufacturing FAIL The Birds and the … Seabees? Clips Today’s Non Compos Mentis Award Winner: “I will tell you these are ammunition, they’re bullets, so the people who have those now they’re going to shoot them, so if you ban them in the future, the number of these high capacity magazines […]
Federal Disaster Relief Spending Out Of Control
By Matt Mayer ~ The world’s second-largest reinsurer, Swiss Re, reports “that natural catastrophes and man-made disasters cost the insurance industry $77 billion in 2012.” The report noted this figure covered “more than 300 catastrophes and disasters caus[ing] the loss of 14,000 lives and $186 billion.” These disasters included many of the 112 events for […]
$1.2 Billion In Cash Goes To Energy Projects, Despite Sequestration
By Michael Sandoval ~ Despite a fiscal cliff and sequestration worries, more than $1.2 billion in cash payments for energy projects (in lieu of tax credits) have been issued by the Department of Treasury and Department of Energy since January 1, according to documents from the U.S. Treasury. Through February 14, $1,254,769,726 was distributed by […]
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May 17, 2013 by papundits
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