Saturday, September 23, 2006

Brookes News Update

The US economy, the housing slowdown and the November elections: The Fed's loose monetary policy fuelled the housing boom. Now it is tightening credit. Fortunately for President Bush oil prices have started to slide. This will probably ease the economic and electoral pain of a slowing economy before the November elections
The Australian economy and the decline of manufacturing - what is really happening?: When it comes to Australian manufacturing Australia's free-market commentariat adopt a blas, attitude. For them the money simply does not matter. This is why they cannot provide an adequate explanation of the housing boom, our foreign debt and the CAD
We Are Creating Unemployment!: Our anonymous Liberal Party bard has turned out another hit. This time it's not Liberal Party corruption but the union's moral corruption. Unless you think deliberately pricing people out of work is not morally corrupt
Joseph Stiglitz and Phillip Adams slime the US economy: Phillip Adams used Professor Joseph Stiglitz to attack the US economy by using phony statistics and outright lies. As an outrageous economic illiterate Adams could only parrot what Stiglitz had apparently told him
Media frenzy over bogus Cuba 'scandal': America's freedom-loving mainstream media is still doing Castro's dirty work for him. Leading the charge was the corrupt Miami Herald, a paper that recently put a Castro agent of influence on its payroll. It was followed by the treasonous New Times, CNN, USA Today. Their aim was to silence critics of Castro's Stalinist regime. These are the same American patriots that lie about the economy, about terrorism, about Bush, about Iraq. In fact they do nothing but - in between sucking up to leftwing dictators
New York Times advises on how to reveal state secrets and thwart the Federal Government: The 'paper of record' that betrays its country and does Castro's dirty work while demanding rights for terrorists is feverishly advising its traitors in residence on how to evade detection when they once again betray the America's state secrets to terrorists
Where is the Jewish leadership?: Ehud Olmert is a disaster. He is a dangerous, impotent fool, who is putting not only his country but world Jewry at risk every time he makes a decision
Are you ready to convert to Islam?: What brand of Islam are we supposed to convert to? Do we put on suicide belts immediately after conversion or wait for an order?
Do economic indicators really make any economic sense?: Economic theory, however, must only have one purpose - to explain the essence of economic activity. But statistical methods are of no help in this respect



In case you have not seen it yet, there is a picture here of far-Leftist Venezuelan tyrant Hugo Chavez displaying one of Noam Chomsky's books and recommending it. There is an old syaing: "know a man by the company he keeps". That far-Leftist Chomsky should be a inspiration to tyrants is of course no surprise. The last 100 years have been awash with far-Leftist tyrants.

Good to hear: "Pervez Musharraf, the President of Pakistan, claimed last night that the Bush Administration threatened to bomb his country "into the Stone Age" if it did not co-operate with the US after 9/11, sharply increasing tensions between the US and one of its closest allies in the war on terrorism. The President, who will meet Mr Bush in the White House today, said the threat was made by Richard Armitage, then the Deputy Secretary of State, in the days after the terror attacks, and was issued to the Pakistani intelligence director."

Familiar IQ findings under another name: "Research has found that key skills in learning to read and spell - the ability to sound out words and read unusually spelt words - are affected by your genes. The study, which examined 650 identical and non-identical twins, also revealed that the same sets of genes affect both reading and spelling. Assoc prof Anne Castles said the research found these reading and spelling skills were more than 50 per cent inherited, with experience accounting for the rest. It also discovered that reading and spelling had a common genetic basis so if children had difficulty reading they would also struggle to spell. "This is the first study to put reading and spelling together in genetic models," Prof Castles said. Prof Castles said researchers would now like to identify the genes responsible. The research was conducted in conjunction with Queensland Institute of Technology and Macquarie University".

28 hour week in Germany! : "Vehicle manufacturer Volkswagen AG said its sales for all brands through the end of August were up 11 per cent compared to last year, but warned that its German plants were barely profitable... The German plants have barely generated profits "and are miles away from our profitability goals,'' he said. Volkswagen, Europe's biggest car maker, is seeking to drastically cut production costs for its VW-brand vehicles such as its flagship Golf, which are selling strongly but bringing in little profit. It disclosed last year that it intends to cut as many as 20,000 jobs in Germany. Since June, about 85,000 VW workers in western Germany have been offered severance packages ranging from euro 41,000 to euro 250,000 ($A69,338 to A422,797), depending on their salary level and years of service. The company also wants to extend the work week at six plants in western Germany that manufacture VW-brand cars from the current 28.8 hours to 35 hours, but talks with its union, IG Metall, have not yielded any deal. The talks are set to resume on Friday."

Cruel precedent: "That's how government abuses work. They start small. They start with an excuse that many of us are willing to buy. And then, as the public is desensitized, the abuses are gradually increased. By the time we realize the level of the abuse to which we're being subjected, it's too late for us to have nipped it in the bud. In fact, it's often too late to do much at all. But just as one kitten can be rescued, so can one gun owner. Just as one dog can be saved, so can one property owner. Precedents can be set in the opposite direction."

Advice to defendants: "I receive requests several times a week from defendants who suddenly find themselves forced to defend their lives, their right to use medical cannabis and even the Bill of Rights. Like you, each defendant is suddenly forced to cope with a predatory criminal justice system that judges them guilty, until proved innocent. This advice is intended to help provide you with the necessary tactics to succeed against the terrifying challenge you now face."



"All the worth which the human being possesses, all spiritual reality, he possesses only through the State." -- 19th century German philosopher Georg Wilhelm Friedrich Hegel. Hegel is the most influential philosopher of the Left -- inspiring Karl Marx, the American "Progressives" of the early 20th century and university socialists to this day.

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialistisch)

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