Wednesday, 13 January 2016

Andrew Bolt's blog,13/1/16; Militarisation of Australian Patriotism; The " free market " is in "free fall" again; When Economic Captains abandon ship; Sell ore at $60 per tonne and buy back at $20,000 per tonne why value add; NZ offers to resettle 150 Asylum Seekers per year but we prefer 4 in Cambodia; Oh we killed your kids we'll pay $73 per head compensation OK;


RBS has tipped Wall Street stocks to fall by as much as 20 per cent.

 

 

Out: Dick Smith boss jumps ship

Why does the captain abandon ship? 

COMMENT He offered to stay and help clean up the mess. Now, he's had a change of heart.
Who is left high and dry?
 The secured bank creditors owed $140 million will get first bite at the cherry, which is unlikely to leave much, or indeed anything, for unsecured creditors – primarily suppliers – who are owed an additional $250 million. Dick Smith voucher holders and those who have placed deposits on store goods are unsecured creditors.
 
The bell has tolled for departing Dick Smith boss Nick Abboud.

 

 

The government's car crash of an industrial policy 

 The business plan they have designed looks like this. Australia sells iron ore at $60 a tonne and buys it back in the form of vehicles at around $20,000 a tonne. Value adding? Who needs it?

 And 200,000 automotive jobs are about to follow.



Asylum seeker detention times hit record under Turnbull

Yet NZ offered to resettle 150 per year and we have done nothing

 graph


Men, women and children languish behind wire, facing an uncertain future.

Australia pays $207,000 compensation to 2,800 Afghans over six years 

$73 per head for collateral damage caused by us. May be the ADF bookkeepers can advise Scott Morrison on how to get away with it.

 Incidents that have previously been disclosed include the fatal wounding of a small Afghan boy and his uncle during a firefight in the Chora area on 27 March 2011, and the fatal shooting of an Afghan man who was riding his motorcycle near soldiers in Tarin Kot on 29 October 2011.

 

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