|Dedicated with love to Lieutenant John Pike.|
 KnowYourMeme: moshimoshi167 (You rule!)
"Get Real. Wage Growth is More of a Wage CrawlI know. I should not gloat. Gentlemen don't gloat, they are gracious.
"Wage growth has slowed to a crawl, confounding doomsayers who have warned of a wages breakout emanating from mining and giving the Reserve Bank more room to cut interest rates." (See here)
|Mariano Rajoy |
|Participation: actual valid votes from voting age population.|
Party votes: percentage of valid votes.
Source: El País.
"Though considered uncharismatic, Rajoy won support from voters lured by his promise to fix the economy and create jobs, even if it means more austerity.Other measures:
"He vowed to make cuts 'everywhere', except for pensions, so as to meet Spain's target of cutting the public deficit to 4.4% of gross domestic product in 2012 from 9.3% last year." (See here)
"Prime Minister Jose Luis Rodriguez Zapatero's government was blamed for reacting late to the 2008 property market implosion, which combined with a global financial crisis to throw millions out of work."
"Octavio Arginano, a retired 67-year-old factory worker, said he voted for the right for the first time in his life.
" 'My son has been unemployed for over a year, my daughter earns just 600 euros ($A810) a month looking after young children,' he said as he left a polling station in Madrid.
" 'There has to be a change, although I am not sure anyone knows what to do to get us out of this situation.' "
|Mario Monti |
"Where is my mind?
"Way out in the water, see it swimmin' "(The Pixies, "Where is My Mind?")
"He summed it up with this: the European social democrats, and their allies in the bureaucratic class, have been living in a fantasy world that is now unravelling." (See here)
"JULIAN TAPP: We're also paying circa $450 to $500 million a year on current production levels in WA state royalties. So I do not agree that Fortescue does not contribute its fair share.In case the readers missed the detail, Stephen Dziedzic, ABC reporter, made it clear:
"ANDREW LEIGH: But in terms of corporate tax paid it wouldn't be correct to describe Mr Forrest as a tax payer, would it?
"JULIAN TAPP: Mr Forrest isn't a company. Fortescue Metals Group is the company.
"ANDREW LEIGH: But as things currently stand, it wouldn't be correct to describe it...
"JULIAN TAPP: We have not cut a corporate tax cheque today, no." (Emphasis added)
"Dr Leigh also pushed Fortescue to say how much tax it's paying at the moment. The company admits it has not yet paid company tax but says it will pay up to $800 million this financial year". (Emphasis added).Or, according to Senator Chris Evans (Government Senate leader):
" 'They [Fortescue Metal Group, that is] have never paid a dollar in company tax to date and they want to resist having to pay the Mining Resource Rent Tax,' Senator Evans said." (Emphasis added. See here)But if the situation were not absurd enough, the timing of its release is insuperable. Just today, former Liberal Federal Treasurer, Peter Costello, published an op-ed in the SMH, stating:
"Australia has a decisive advantage in mining. It is carrying the Australian economy, but the old taxes such as company tax and royalties are not enough. The government thinks we need new taxes as well." (See here)
|Hácha (second from the left), Hitler, Goering and other officials |
|Emil Hácha |