Thursday, 1 December 2016

Around the Traps 2/12/16

It is time for Around the Traps again.

Aussie,Aussie,Aussie,Oy,Oy,Oy
Northern America
Europe 
Asia
Wonk
General
Climate
Andrew Gelman (mainly stats)
Genial Dave Giles (econometrics)
Dianne Coyle (quirky + book reviews)
Vox wonk

Wednesday, 30 November 2016

Abortion

I have never been in favour of abortion.more so when you see the stats show  that most people in Australia do it because of 'life style' reasons.

doverbeach at the Ordeal of Consciousness has two wonderful articles on it.

go read


Monday, 28 November 2016

Some gratuitous advice to the Democrat party

Okay the US has been won by the loons!

Is there anything to understand from the election?

Well in no order of importance here are some from me.


  • Trump lost badly in the actual number of votes. This has led to him making stupid statement of why that happened. Here we have two things. Trump is vulnerable electorally. Under pressure Trump makes really stupid statements.
  • Clinton essentially lost because her strategy was bad. The team and she MUST take responsibility for this were simply complacent on taking some states and because they thought Trump was unelectable.
  • Trump was a left wing candidate and has a left wing platform. 
  • Trump made promises which can never be delivered. Locking up Clinton, building a wall, slapping a 45% tariff on Chinese goods,  etc. He made these promises because he never thought he would win
  • When the FED starts raising rates as Trump's fiscal policy is enacted Trump will hone in on Yellen. ( the Reagan team did this to Volker when he wanted to get inflation below 4% and the Democrats were mute).
  • At some stage  people will realise trump dudded them. as manufacturing industry cannot get back to 1950 levels, you cannot build a wall, you cannot have a trade war, you cannot renegotiate trade deals.
  • Trump is an old man ( who apparently trades in wives for a newer model). Being President makes you age!
There is plenty more but even here is rich pickings. I do think Bernie Sanders will have a picnic!


Sunday, 27 November 2016

Fidel Castro is dead

Fidel Castro is dead.

All I can say is humanity is much better for that. I would like to say something  profound on the dead barstard's dictator's passing however I cannot.



Thursday, 24 November 2016

Around the Traps 25/11/16

It is time for Around the Traps again

Aussie,Aussie,Aussie,Oy,Oy,Oy
Northern America
Europe
Asia
Wonk
General
Climate
Andrew Gelman (mainly stats)
Genial Dave Giles (econometrics)

Dianne Coyle (quirky + book reviews)
Vox wonk

Wednesday, 23 November 2016

A Sugar tax

The leading and quite easily the best think tank in Australia has come up with a 'sugar 'tax for the Federal tax.
Stephen Duckett and Trent Wiltshire have written a case for it.

(See Ross Gittins  and THE KOUK as well.)

What does this do. The tax attacks obesity which is a growing problem ( pun intended) in Australia  as well as gaining revenue to the government. A win win situation if ever there was one.  See my old mate from the markets Rory Robertson on the problem of sugar.

This tax should be implemented as soon as possible!!

Tuesday, 22 November 2016

Sinclair Davidson is right!

Bet you never thought I would say that!

However concerning Peter Dutton's grubby remarks about Malcolm Fraser's immigration program form the Middle East SINCLAIR DAVIDSON is right on the money.
see Also Bruce Bradury 

What Davidson did not say is that Dutton's remarks are simply fodder for ISIL recruiting. It reinforces all their propaganda.