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We’ve written for some time about what a waste of space the Federal government.
How it just sucks the life out of the private sector in order to fill the pockets of interfering and power-crazed bureaucrats.
Yet we’ve been told by all and sundry that a strong government is important, nay, crucial for the stability of both [...]

If you’re after a perfect example of everything that’s wrong with mainstream economic thinking can I suggest you go out and buy today’s Australian Financial Review (AFR).
Once you’ve bought it, take it home, lay it on the table and then slowly turn to page 26.
But before you start reading, grab a notepad and a pencil [...]

There was an interesting article in Tuesday’s Australian Financial Review (AFR).
It was interesting in two ways. First because of what the story was analysing. And second because of the glaringly obvious point the writer missed.
The headline of the article was, “Lower P/Es may anticipate slower global growth”.
The article states:

“When measured on a forward [...]

We laughed yesterday.
We laughed the day before as well.
So yesterday’s laughter was nothing new.
And surprise, surprise, we had another laugh this morning.

The reason we laughed yesterday was down to the front page of the Australian Financial Review (AFR).
Yes, sometimes Australia’s premier business newspaper produces more laughs than the funny papers.
“Henry sees super profit taxes for [...]

Yesterday’s Money Morning seems to have kicked up a stink. So in a moment I’ll print some of the, erm, “feedback” we received.
But before you get to that, this…
The Super Theft rolls on. A $10 billion Super Theft no less.
The front page of today’s Australian Financial Review (AFR) announces: “Labor to reap $10bn in lost [...]

Yesterday’s initial reaction from the online media gave it almost no mention.
Today’s Australian Financial Review (AFR) mentions it but sees it as a positive.
Typical.
You’ve read and heard all the nonsense about the strength of the Australian economy. Just yesterday the ABC reports Kevin1807 as saying:
“Today we have revealed and released the national accounts. They point [...]

To put it bluntly KPMG has whored itself for a few quick dollars from the taxpayer and the mining sector…

So, was Ebenezer Scrooge really such a bad guy?
He’s certainly got a lot of bad press. Especially for a fictional character.
Now, I’ll be honest, it’s been a while since we read A Christmas Carol, but you could argue that all Mr. Scrooge was trying to do was run a business.
Sure, he could have let [...]

The Google witch-hunt continues. On Monday the Censorship Minister, Senator Stephen Conroy called Google “creepy” for scooping up – intentionally or not – a bunch of wi-fi data by its Google Streetview cars.
You can read the full transcript from the Senate Committee here. As you read it, just remember that these numbskulls are [...]

The bureaucratic propaganda machine has really ramped up this week. Page 7 of today’s Australian Financial Review (AFR) headlines:
“Super profit tax calls industry’s bluff”
And on the front page the AFR leads with:
“Henry ramps up pressure on miners”
With the subheading, “Claims tax will boost growth.”
To back up the arguments the AFR reproduced a chart and [...]