Barack Obama: Teacher not Preacher

One of our TV presenters has just suggested that there was a fair bit of evangelical fervour about Barack Obama’s victory speech. What really impressed me was that he didn’t rev up the crowd. He chose not to join their attempts to turn the slogan “Yes We Can” into a mindless chant. He challenged them [...]

Midweek Mayhem!

Welcome to Midweek Mayhem,
The place where we get to talk about anything and everything – now with new and improved politics, by popular demand.
Perhaps we can talk about the fall out of the US election…?
Also, I haven’t been made redundant yet. Praise the Lord!
The Reserve Bank has slashed interest rates by 75 basis points (or [...]

Economy XV

Yesterday the RBA cut the rates by 75 basis points. Today the US elect a new president.
What affect will either or both of these have on the local economy? And will the new president have an effect on the world economy?
So – keep all discussions on the economy here.
Update: Market news from overnight

Dow up 3.28%
FTSE [...]