Wall St was down 94 overnight, its biggest fall in a month, while the local market is down 66.
Tips and rumours
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I have it on good authority that Don Watson will certainly not be returning to political life to write speeches for Kevin Rudd. Nevertheless, the search for new speechwriters to upgrade the PM’s rhetoric is on in earnest. This includes the PM’s office and department. I’m told that the Department of Prime Minister and Cabinet are bolstering their communications unit with several new writers to amplify the Prime Ministerial voice. This is where Watson may have fitted in. Glenn Milne’s latest in The Australian titled “Kevin’s here to help blow the dough” states “An estimated 100 additional centres … at $2.5 million each equals $2.5billion. Correct me if I’m wrong but my calculations come to $250 million. Based on this strange mathematical wizardry he then derides Rudd’s childcare plan. From an attendee of the 2020 talk fest in Canberra this weekend: “Julia Gillard as co chair was totally focussed on Education, even though our Agenda was Productivity. Enormous number of left academics in our Agenda. The final report from our Agenda was not our final report … there is a greater power than us that wanted to see what they wanted to see. I also think if I got 100 of my friends together we could have come up with better!” Talkback Classroom, an initiative formerly of the National Museum and the Parliament Education Office may be moving camps. The “Classroom” was an opportunity for high school students to come head to head with Government decision makers and then broadcast on ABC Radio National. It led to some great grabs, like uncovering that the PM’s Youth Roundtable budget had more money allocated to advertisements than it did fulfilling promises. That Peter Garrett had shares on the register in a company that invested in coal-fired power stations — and embarrassed Julie Bishop and led her to say that the school children weren’t intelligent enough to come up with their own questions, and that they must have been planted by the unions. Rumour has it that the National Museum of Australia was unhappy with the way the program challenged the Government — especially because members of the NMA Board are former Liberal staffers or members. I have it on good authority from friends at the Press Club, that they might take up an offer to host talkback into the future. I wrote last week about 60 Minutes’ blatant cross promotion - non stories about Channel Nine shows. First it was Sam Newman, then Lisa McCune, then David Attenborough and last night it was Gordon Ramsay! I wonder who it will be next week? I am going to get a tipping comp happening at work. Moonee Valley City Council (a Labor council) is using WorkChoices legislation quite ruthlessly to get rid of staff while stripping normal conditions. This follows the redrawing of its south east boundary which saw “cash cow” Kensington and North Melbourne go to the City of Melbourne, leaving a budget shortfall of several million dollars. Della Bosca has changed his haircut and appears to be losing weight. Join the dots. Things are getting tougher for foreigners in China. In addition to the stuff about tightening visa applications I got this today:
What happened to some of Australia’s top 10 MySpace cyber celebrities? The company recently told (Media Release, April 6) that a Perth student was top of the list with 212,727 friends. (After excluding DJs Hamish and Andy and fictional Summer Heights characters.) “Hanny” was clearly delighted and boasted her success on her own site myspace.com/hanny. But others were obviously not so impressed to be on the top 10 list as they’ve now disappeared. Where is No 2 “sophie-rox-ur-sox” with 203,768 friends, No 3 “bit3-m3-whor3” with 135,551, No 5 “miss-tease” with 101,055 friends and No 7 “luna-tix-88” with 47,186 friends? With names like that though, no wonder they have attracted so many friends. |
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One Comment
I’ve said it before and todays article by Glenn Milne in the Australian is further proof. The man is a fool. He shoots his mouth off, any story regardless of its factual content, is a story. That News Ltd still employs him says much about the non standards they require of many of their contributors. Todays error by Milne…”An estimated 100 additional centres … at $2.5 million each equals $2.5billion.” ….is just not good enough. The implication in those miscalculated figures, whether his or someone elses, is the justification for the story ‘Kevins here to help blow the dough’. Well Mr Milne you continue to blow what journalistic reputation you may have had. Is it any wonder the public at large regard you as a joke, not even a funny one. Its worth remembering it was the “genius investigative ” work by Milne that broke the Rudd, New York nightclub story. How that story got what it deserved, relegated to the so what bin. Such is the standard of this News Ltd high fliers writing.