Monday, November 10, 2008

Headlines Monday 10th November

America’s mistreatment of President Bush
Alan Jones comments on the disrespect shown by many to outgoing US president George Bush
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Carbon scheme charred
Andrew Bolt
The world’s only multinational emissions trading scheme has fallen through the floor, and falling with it is the scheme’s ability to actually slash emissions:

The price of carbon has collapsed. In only three months, life has become a lot cheaper for polluters. The financial cost of warming the planet has plummeted in Europe’s emissions trading system (ETS) and the effectiveness of such a volatile market mechanism in curbing carbon is being questioned…
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Saving our Chinese goose
Andrew Bolt
The money is the measure of the problem that China - our safety net - now faces:

China unveiled a $586 billion stimulus package Sunday in its biggest move to inoculate the world’s fourth-largest economy against the global financial crisis.

If China slumps, all bets are off about the survival long term of a regime whose sole claim to the public’s loyalty now is economic growth
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$4000 handout per car not enough
Andrew Bolt
If it’s so important that we build cars, and if government money is needed to build them, why doesn’t Kevin Rudd cut out the corporate middle-man and start up his own car plants?

KEVIN Rudd will forge ahead with a multi-billion-dollar car industry assistance package today, amid fears of further job losses and a downturn in the market, but he will warn manufacturers not to expect a blank cheque.
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Hatred not buried with them
Andrew Bolt
Yes, the funeral scenes and the anger are disturbing:

INDONESIA was on high alert for terrorist attacks last night after hundreds of chanting supporters buried the Bali bombers and demanded revenge for their executions…

The Australian embassy in Jakarta was yesterday the subject of its fourth bomb threat in recent days…
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Tony Stewart allegations referred to ICAC
Fresh allegations against suspended Rees government minister Tony Stewart will be referred to the ICAC.
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6,000 jobs to go, MPs to lose perks in NSW mini-budget
Public sector jobs are likely to be slashed in tomorrow's NSW mini budget, in a desperate bid to save money.

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