Tuesday, 13 October 2026

more of a whole bunch of things

 Test Cricket

SA showed they were short of a gallop. They bowled too short when they were swinging the ball more than us and their spinners looked ordinary ( after being guns in India). They will have Rabana back for the next two tests and the reason he is the premier bowler he is is that he swings the ball late and bowls a fuller length. Their batting looked ordinary except for Markram and Bedingham. Bavuma looked out of sorts and lost his first test. Their keeper had a test to forget. If SA want to know how they lost go back when you should had have us out for less than 200 but decided to bowl short to tailenders. I would not be surprised at a new keeper and some new batsmen.

We were lucky. Our batting again showed up weaknesses. One decent match or innings does not solve this. Our bowlers cannot get us out of losing if the batting keeps on struggling. Nortje only bowled around mid 140ks but still unnerved our batsmen.

The attendance was a disgrace.

Onto Port Elizabeth

Omar

Her home in Washington got raided. We are told this is about her citizenship however that is way past the statute of limitations. It is also highly unlikely the authorities got new information just now that meant the 60 day 'rule' had to be rejected. Certainly no explanation has been given. I'm no fan of hers but this raid looks very political. Saying Pirro is investigating her also means they have nothing as she is worse than useless

Witkoff and Kushner

Why anyone would think these two could do anything in regards to Russia/Ukraine is beyond me. They believe Putin when he says he has almost taken the Donetsk region. Why do they believe him because they have no intelligence on the war at hand BY DESIGN. It gets worse. When they finish with their 'talks' they then begin to negotiate trade deals.

Guilfoyle

This ambassadorship typifies Trump. She is a grifter of the highest order but a very stupid one. ( If I can make a sexist statement she looks and dresses like a tart. Also very trumpian)

Texan senate race.

I have to say how could anyone vote for a person whose name is Paxton!! You know it aint going the GOP when Paxton is caught partying with criminals in the gulf. The story about the democrat recovering in a mental institution in Ohio blows in the people's faces.

Premier League

If the allegations against Manchester City prove to be true then they should be relegated. This is what occurred in Italy.

Monday, 12 October 2026

Gerard Henderson watch

 I have decided since our mate Gerard  calls all people he disagrees with as comrade I will call him Herr Henderson.

I should say from the outset I have rarely read a person who sneers and is so condescending and then criticizes others. for the same thing.

Herr Henderson said a while ago it was a lot of tosh that Hanson's daughter  who is living in tasmania but working for a NSW senator that she could not do the job as others were doing this.. Now it could be he says this as he was a failed chief of staff for Howard when he was Opposition leader. Herr Henderson might even support working from home fulltime however it is a joke to think a person in another state could do a decent job. Interaction is a necessity assuming she is doing research and not electoral work.The number of mobile phone calls would be enormous assuming her phone is in the right areas. so it rings and she is the office. We know One Nation senators do not do a lot of work and their speeches are never livened with much research. Add this to the fact that Hanson's daughter is trying to be a senator then it seems highly likely taxpayers are subsidising her candidacy. All this is news to Herr Henderson. Can you bear it.

He had a go at Ross Gittins who was actually wrong about why the RBA is now independent when conducting monetary policy. He made the point previously government's did the hard yards with fiscal policy. Herr Henderson alleges Ross was not giving government spending enough recognition. I said previously Herr Henderson did not understand economics and this is a clear example. Ross was actually doing this he merely mentioned taxation! Can you bear it.

When Taylor had a trainwreck of an interview with Sarah Ferguson he claimed she was rudley scolded him. Strange few others saw this.Nor did he like Sally Sara interviewing Matt Canavan on the topic who clearly did not address the question Sara had to ask quite a few times. Remember you cannot interject when anyone does not answer the question asked according to Herr Henderson. Can you bear it.

He also had a rambling account of how white skinned Shoebridge beat the pakistani Faruqi and how ironic he supported DEI. I will leave that but Herr Henderson then said if she had have won, likely  if all green members could vote, she would be as bad a Mamdani in NY. Huh his approval rating is in the 60s. Most people rate him as a superb political athlete! Does anyone really think Faruqi is in the same class as Mamdani. Can you bear it. 

Herr Henderson never examines the faux paus at Sky after dark ( yeah I know they have changed their name but I like saying it). So Peta Credlin makes a rookie mistake of saying THE GOVERNMENT took being jewish off the census he never mentions it. It has NEVER been on a census. Real journalists do not do that. Mediawatch for example has frequently highlighted ABC errors. Not Herr Hendersson though

After Ian Dunt (a person who Herr Henderson dislikes) said Ed Miliband had done a good job he pointed out energy costs had rose when Miliband was minster implying it was because of Miliband's support of renewables. Whoops Herr Henderson obviously missed the UK's reliance on gas and how far gas  prices rose following the invasion of Ukraine. This is why the UK's inflation so much more than other nations. As I have previously said Herr Henderson has little understanding of economics! Can you bear it.

Sunday, 11 October 2026

A whole bunch of things.

 Livestreaming a firing squad

I agree with Steve from Brisbane. Although I have no problems with him getting the death penalty a that is the only punishment that fits the crime livestreaming it is depraved. the USa joins yemen, Afghanistan and Iran!!!

Credit Card blues

The ATO decided not to accept credit payments and some people blew up about it. The question that was never asked is why is anyone using a credit card to pay the ATO given the interest rate you pay? You can borrow on almost anything else and get a lower rate. Are all small business people this stupid?

Mark the Graph.

He is at it again with a superb article on why-are-global-bond-yields-rising. It is a must read.

UK

The labour party won Stermer's seat showing the Burnham afterglow is still occurring. I wonder how many poms realise how bad brexit has been for the UK?

russia/Ukraine war

Trump makes ac deal with Putin on diesel oil which will be very hard to deliver and Zelensky is not impressed. nor are many others. Trump wants Zelensky replaced and again blames him for the war and why peace talks have failed. Is there a better example of his ignorance and cognitive decline?

Thursday, 8 October 2026

Around the Traps 9/10/26

 It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ Climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman (mainly stats)

Dianne Coyle ( quirky + book reviews)

Vox Wonk

Wednesday, 7 October 2026

The Opposition's immigration policy is a joke

Here are a few views:

Okay so these experts can see quite a few problems. The Opposition answered none of my questions and it appears to have used the PBO not as much as they claimed in saying they had done the costings for them. Certainly Taylor could not answer some simple questions about their policy.

We expect this from One Nation as they are both lazy and stupid but we expect a lot better from the LNP!

I need a reason to vote for them and they keep on refuse to do that.


Tuesday, 6 October 2026

There should be NO march today

 I have said previously some supporters of palestine possess no political understanding. Today I am repeating myself.

I support the creation of Israel as the UN did way back in 1947.

However on October 7 an unspeakable evil was affected  on Israeli people a lot who were sympathetic to the palestinian cause. The day should be left alone.

You can protect any day but this one about the creation of Palestine and the genocide imposed on palestinian people by the government of Israel but leave October 7 silent.

It does not help your cause demonstrating today indeed it may lead people to oppose your cause.

Demonstrating today is simply trumpian. Do not do it!

Monday, 5 October 2026

the coalition on immigration

 We are told in breat-taking fashion the coalition is releasing their policy on immigration today.

I have written about immigration before. I would not be surprised if we hear generalities today on HOW they will cut immigration as there are massive problems that occur when you want to massively cut immigration.

Let us assume they will leave backpackers alone to help the agricultural sector. Then this means they will have to cut in large terms

  • family reunions (one of which is aussies who marry foreigners), 
  • skilled labour for industry
  • unskilled labour for retail and such  ( where uni students are important)
  • foreign students at tertiary institutions
It will also have large effects on the budget in that it will increase the deficit.

Also very important is the politics. Imagine such a large cut is implemented. There would be a very loud hue and cry from those people and institutions affected.

I very much doubt we we will get any specifics form the Opposition

Sunday, 4 October 2026

public holidays

Today in Sydanee ( forgotten the olympics already?) we celebrate a public holiday.

We do have a number

January 1  new years day

January 26  australia day

April 3 easter friday

April 4 day following 

April 5 easter sunday

April 6 easter monday 

April 25 anzac day

April 27 anzac day holiday

June 8 kings birthday

october 5 labour day

december 25 christmas day

Australia became a nation on January 1 not 26! We have had three following public holidays because they were on the weekend. We celebrate a birthday on the wrong day.

We are lucky in Australia as we get 4 weeks recreation leave. We also have a number of public holidays as well.

Surely we should only have public holidays for celebrating significant events.

Let me make some recommendations.

Make January 1 Australia day as that is when we became a nation. I am happy to keep easter but no catch up on a monday ( same with christmas.) Why do we celebrate a bad military defeat? Why not the end of a world war?

I am also happy to keep labour day as it is important in our nation's history.

There should be no catch up on a monday because a significant day occurred on the weekend. It only desecrates the importance of the day!


Thursday, 1 October 2026

Around the Traps 2/10/26

 It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ Climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman ( mostly stats)

Dianne Coyle (quirky + book reviews)

Vox Wonk

Wednesday, 30 September 2026

fiscal policy here

 Can somebody help me here.

ECON101 tells you Spending and TAXATION are important to fiscal policy. It is allied to the Structural Deficit ( or cyclical adjusted budget deficit). It is the change in the structural deficit that influences economic activity.

Why are people all talking about spending and ignoring taxation. When you do you find both the overall and the structural deficit are less than 1% and falling albeit slowly ( too slowly).

Now compare that to the USA where both are over 5%. Why is not inflation ( and therefore interest rates) going through the roof there?

One reason could be that our speed limit is smaller however it would only explain it a little.

Now I am not saying fiscal policy is right. At worst the budget should be balanced. What I am saying is that it appears everyone appears to have forgotten about taxation. If they did then the spending probleem is plainly exagerated.

Tuesday, 29 September 2026

The socceroos are improving but there is still work to be done

 Australia played Brazil in two friendlies and overall we went pretty well.

The first match was played on a very poor pitch at Townsville and we should have won. The second was played on a good pitch in Brisbane.

What did we learn?

Beach is a very good keeper in the australian tradition.

Our central three are very good. With Bos still injured we lack a decent left back. Our right back simply lacks class and gives away too many free-kicks, a sure sign he is playing above his ability. The replacements are average.

Our midfield lacks creativity. Why Poppa doesn't pick Robertson is beyond me. Metcalf has a great shot on him but is poor at corners. Okan was unimpressive but I would be willing to give him a go. McGree look good but had too little time.

Irankunda is a breath of fresh air and is a great dead ball specialist but he does give away silly free-kicks   ( and penalties.) I am not convinced of Yengi and hope Toure is fit for the Asian cup. It is significant that when Irankunda leaves the field we lose most of our attack. He also has no-one to pass him the ball into space. Volpato absence was felt.

Still given all of this we should make the final of the Asian cup particularly if our injured players come back and might even win it.

If we do not get to the final then we have failed!!


Monday, 28 September 2026

Interest rates

 I am not writing about interest rates tomorrow but my beloved socceroos games agin Brazil.

The RBA will raise interest rates today by 25 points. It has too because it has, like many of us, underestimated the inflationary pressures in the economy.

Now I do believe the budget should at least be in balance however it is only 1% of GDP. People who keep on talking about spending ignore taxation. They also ignore the structural deficit is falling not rising.

If this was the key to inflation rising then the USA should have massive inflation given their deficit is over 5% and their structural deficit is much larger and rising!

I suspect the economy will slow and thus inflation will drop next year at worst.

I still believe it needed 'Bernie Fraser' to replace Phillip Lowe. The RBA got it badly wrong on how to combat covid yet Chalmers did not introduce any new 'thinking'

Sunday, 27 September 2026

A couple of things

 Donald Trump

I cannot believe what i am reading. Trump was a convicted criminal when he was elected President. He was found guilty of fraud, the company he heads was found guilty of fraud, he was found guilty of sexual assault and he 'changed' his book keeping so people could not find out he paid a porn actress. In other words both Judges and juries found trump to be a liar.

and some people are shocked that he has a lawless administration.

Oh and 2024 was the only time Trump was a winner in overall terms and has never shown he actually has the political touch either.

Polls in america

There is some very wierd polling going on. Will texas get a democrat governor. some polls say yes others say not a chance. Plus there are states like Kansas, Florida, South Carolina that appear close. It is fantastic for political junkies like me.

Interest rates.

I do hope someone who believes government spending is causing inflation ( and conveniently forget about taxation) tell us why the USA do not have way higher interest rates given that Our deficit is around 1% of GDP and theirs is over 5%!

AI

I have yet to see why and how AI will drive much higher productivity rates. The other thing AI subverted a number of sites right around the world. Imagine the damage that could be done by bad actors.

and why isn't anyone talking about how AI companies are helping push up interest rates and how data centres are pushing up inflation?

Thursday, 24 September 2026

Around the Traps 25/9/26

 It is time for Around the Traps again.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ Climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman (mainly stats )

Dianne Coyle ( quirky + book reviews)

vox wonk



Wednesday, 23 September 2026

A couple of simple things to get rid of the deficit

 Our budget deficit is around 1% of GDP. (The US is over 5%!!)

Here are three policy action that could reduce that substantially but of course are politically difficult.

  1. Get rid of the ridiculous subsidy to WA via the GST
  2. impose a means test on all government programs
  3. Take the NDIS back to its roots. Only those with physical disabilities get help.
Scott Morrison is responsible for the GST rot to WA. It is nothing short of a disgrace the richest State gets more money. Saul Eslake says this was the worst policy mistake of the 21st century. I agree. WA voters would not like it however

In some ways Albo has imitated John Howard. Howard brought in middle class welfare bigtime when the resources boom was taking off. Able has simply copied him without the boom. Our family should not have been subsidised in getting solar panels nor a battery.Taking away benefits always hurts the incumbent government.

We simply do not have the money to help everyone getting help via the NDIS. Only allowing those with physical disabilities would significantly reduce it cists, Again taking away benefits would entail political pain.

These are but three options but you can see the political problems involved. I am doubtful any party can do it and a revenue boost is our only hope.

Tuesday, 22 September 2026

Just what are Russia and China advising Iran

 Let's face it the US is stuck in its war against Iran.

Let us ignore for the moment most of the reasons for this but examine one important issue.

It is in Russia's interest for Iran to continue its battle with the USA. Hesgeth has no idea of drone warfare and thus the US is using very expensive missiles against drones. He would know what to do if he talked with Kiev!

China too would like this war to continue. With the US preoccupied with Iran and wasting ammunition and weapons there Taiwan looks very vulnerable.

Of course if the mid-terms goes badly for Trump then this is another bonus.

Thus do not expect lower petrol prices for some time.

Monday, 21 September 2026

A Blue wave is coming

 Time for me to put my gonads on the line.

I believe a blue wave is coming for a number of reasons.

Inflation is a large problem. the punters believed trump when he said he would cause a drop in prices. Instead prices rose. Initially from tariffs and then exacerbated by the war with Iran. This has also caused people to finally see Trump as the liar he is. He says prices are dropping and people know they are not.

The war in Iran is dreadfully unpopular principally because the reasons for the war were never enunciated and have led to a steep rise in petrol prices.

The increase in tariffs has lead to an increase in costs and local substitutes for imports are more expensive. It gets worse as a lot of capital equipment is hit by tariffs.

The Trumps have made a lot of money since Trump won the presidency. A lot of this has come about because of the Supreme courts decision on Presidential immunity. 

You also have a lot of billionaires involved directly or indirectly in this administration. This further highlights how distan Trump is from the ordinary voter.

Allied to this Trump is increasingly seen as out of touch. He is increasingly showing his age and his cognitive decline.

Voters also give Trump more power than they wanted originally and then change bigtime in the mid-terms to ensure there are some guardrails.This is exacerbated by Trump's blatant authoritarian instincts in his second term.

So there you have it. I would not be surprised if some states change which no-one expected.

Sunday, 20 September 2026

A good time was had by all

 Last Friday was my 70th birthday ( so I am younger than john quiggin) and my wife decided we ( the family) should celebrate it at the Hunter Valley. we rented an airB&B at cessnock and it was great. In friday we had fantastic steaks from blayney and drunk it down with a 2008 toer shiraz and another wine I cannot remember from 2019.

I am thinking I really do not want to celebrate 80!


Briar ridge is the winery to visit if you go to the Hunter Valley

Wednesday, 16 September 2026

Around the Traps 18/9/2026 70th Birthday Edition

 It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman ( mostly stats)

Dianne Coyle ( quirky + book reviews)

vox wonk