Great excitement in Oz because Australia has just “won” a cricket match against India or Pakistan (actually it was India). We have to remember that India and Pakistan have repeatedly been shown by surveys of businesspeople to be two of the most corrupt countries in the world. You have to pay bribes for everything. These […]
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By  David Craig, on December 31st, 2011By David Craig, on December 30th, 2011I’m struggling through the turgid, self-justifying drivel that is Alan Greenspan’s book about his time as Chairman of the US Federal Reserve. Although I’m only at page 197, as far as I can see, Mr Greenspan feels he was an extremely brilliant economist working together with lots of other extremely brilliant people guiding the US […] By David Craig, on December 29th, 2011For more than two years, the Bank of England’s monthly inflation forecasts have been wrong. Every single time. In any other job, you’d get fired for such incompetence. But in our overpaid, self-serving, useless public sector, such incompetence is the rule rather than the exception. But is it really incompetence? Or dishonesty? After all, it’s […] By David Craig, on December 28th, 2011Apparently there were some football games on Boxing Day and some overpaid, pig-ignorant, preening footballers scored some goals. The press immediately calls these spoilt thugs “heroes”. I don’t see much that is heroic in being paid millions a year to try and cheat and foul your way to scoring a few goals. As for our […] By David Craig, on December 27th, 2011As we emerge from Christmas we can be thankful that it’ll be another year before we have to once again listen to multi-millionaire popstars telling us to “feed the world”. But perhaps it’s time to say the unsayable – most poverty is self-inflicted. Most poverty is caused by greed, stupidity, mismanagement and corruption. Why is […] By David Craig, on December 21st, 2011We ordinary taxpayers have lost tens of billions bailing out banks that continue to pay their staff huge salaries and massive bonuses in spite of the fact that many are effectively bankrupt. Now the useless EU has come up with a new way of handing our money to the bankers. The European Central Bank (ECB) […] By David Craig, on December 18th, 2011One thing you notice on arriving at any major Australian city (Sydney, Melbourne, Perth etc) is the extraordinary number of Chinese. The continuing flood of Chinese immigrants into Australia has brought huge economic benefits. The Chinese have set up new businesses, regenerated rundown areas of Australian cities and ensured their children have the best education. […] By David Craig, on December 12th, 2011Anyone who has regularly trevelled with BA will probably be tired of the endless waits to book a flight, the pompous and incompetent check-in staff and the overpaid, arrogant and rude cabin staff. But BA is a flying paradise compared to its partners AA (American Airlines) and Quantas. AA recently deservedly went bust, but they […] By David Craig, on December 11th, 2011Merkozy (Merkel and Sarkozy) have a truly “brilliant” plan for saving the eurozone – new tough rules about spending and budget deficits will be imposed on all eurozone countries. There are a few problems with this. Firstly, the supposedly “tough” rules have always been in place – but most countries, especially France and Germany, just […] By David Craig, on December 10th, 2011Why are the Dutch such gutless, spineless cowards? In World War 2 they surrendered to Germany without firing a shot. More recently, when put in charge of protecting the Muslims in Srebenica, the “Dutch soldiers” ( an oxymoron if there ever was one) handed over thousands of Muslim men to be murdered by the Serbs, […] |
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