Looking at the crystal ball for 2012 http://ow.ly/8uHQK
Filed under: Uncategorized
October 19, 2011 • 10:53 am 0
The case for a 0.25% rate cut by the #RB
The case for a 0.25% rate cut by the #RBA on Melbourne Cup Day is getting stronger. Let’s hope it comes true.
Filed under: Uncategorized
December 1, 2010 • 9:39 pm 0
Irish Economics
Maybe this is why Ireland is in such an economic mess.
It is a slow day in a damp little Irish town. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German tourist is driving through the town, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher. The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers’ Co-op takes the €100 note and runs to pay his drinks bill at the pub. The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him “services” on credit. The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note. The hotel proprietor then places the €100 note back on the counter so the rich traveler will not suspect anything. At that moment the traveler comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town. No one produced anything. No one earned anything. However, the whole town is now out of debt and looking to the future with a lot more optimism. And that, Ladies and Gentlemen, is how the bailout package works.
Filed under: Global Economy, Uncategorized, economics, finance, ireland
November 7, 2010 • 11:00 pm 0
Politics – Liberal Vs Labor
For those that don’t know about history … Here is one condensed version:
Humans originally existed as members of small bands of nomadic hunters/gatherers. They lived on deer in the mountains during the summer and would go to the coast and live on fish and lobster in the winter. Read the rest of this entry »
Filed under: General Stuff, Uncategorized, labor, liberal, politics
June 6, 2010 • 1:09 am 0
Well Done Sam Stosur
Just finished watching the final of the French Open. Sam played well but not quite good enough on the day. Well done Sam…..you did all Aussies proud.
Maybe this is the incentive that Tennis Australia needs to start supporting up and coming juniors and get Aussie players dominating tennis again, just like the good old days.
Filed under: Uncategorized, french open, sam stosur, sport, tennis
June 5, 2010 • 11:46 pm 1
High Flight – A Poem For Pilots
Oh! I have slipped the surly bonds of Earth
And danced the skies on laughter-silvered wings;
Sunward I’ve climbed, and joined the tumbling mirth
Of sun-split clouds, — and done a hundred things
You have not dreamed of — wheeled and soared and swung
High in the sunlit silence. Hov’ring there,
I’ve chased the shouting wind along, and flung
My eager craft through footless halls of air. . . .
Up, up the long, delirious burning blue
I’ve topped the wind-swept heights with easy grace
Where never lark, or ever eagle flew —
And, while with silent, lifting mind I’ve trod
The high untrespassed sanctity of space,
Put out my hand, and touched the face of God.
— John Gillespie Magee, Jr
The poem was written by WWII Spitfire Pilot John Magee. He was shot down and killed after only a few missions, however the poem he penned remains one of the favourites for pilots from around the world.
Filed under: Uncategorized, aviation, pilot, poem, spitfire, WWII
