War On Obesity: “Have We Now Smited The Fat People? Oh No, We Lost!”

26 Sep

Senator Joyce’s brilliant speech on the economy and the national debt.

Whatever you do, don’t miss Barnaby’s hilarious genius towards the end:

All these endless “wars on …” remind your humble blogger of his little inspiration on that May day when they told us that they’d topped Osama Bin Laden. Without deigning to give us a smidgen of proof (again), of course:

The War On Error

Osama is dead.
There’s been enough said.
Now the war on terror needs a new figurehead.
I declare War on Pollies who can’t lie straight in bed.

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4 Responses to “War On Obesity: “Have We Now Smited The Fat People? Oh No, We Lost!””

  1. JMD September 26, 2011 at 6:46 pm #

    OT again from Bloomberg;

    “Australian government bond yields are dropping for a ninth month, the longest stretch since at least 1978, as the securities generate the biggest returns of any other major market amid concern the global economy will slide back into recession.”

    Meanwhile;

    “The perceived riskiness of Australian corporate bonds soared to the highest since July 2009, according to traders of credit-default swaps”.

    “The extra yield investors demand to hold Australian company bonds instead of government debt surged 14 basis points last week to 229, matching the highest since November 2009”.

    Oops, there’s a bubble brewing & it ain’t in gold. In fact, there’s not much of that left since John Howard sold up in 1997.

  2. JMD September 26, 2011 at 7:06 pm #

    See if you can fill in the blanks! From Bloomberg;

    _______ Goes From First to Worst Amid Crisis.

    _______, the fastest-growing _______ economy, is losing favor with investors as the euro zone’s widening debt crisis undermines confidence in Prime Minister _______ ability to cut the budget gap.

    The _______ is down 16.9 percent against the dollar and 10.1 percent versus the euro this quarter for the worst performance among _______ currencies, after leading gains in the previous three months.

    “The _______ was not so long ago the darling of the Europe, Middle East and Africa region – these days are gone,” Benoit Anne, the head of global emerging-market strategy at Societe Generale SA in London, said in a phone interview. “It used to be a very strong fundamental story and you don’t have it anymore.”

    _______ resilience as the only _______ economy to avoid a recession after the global credit crisis in 2008 spurred record purchases of the government’s bonds, with international investors increasing their holdings by 80.3 billion _______ to 147.2 billion _______ in the two years through July 2011, data on the Finance Ministry’s website show. The economy expanded an average 4.4 percent a year since _______ came to power in 2007, compared with 0.1 percent in the EU.

  3. JMD September 26, 2011 at 7:27 pm #

    Eureka! The hat goes on the head!

    From Bloomberg;

    “Betting on Ben S. Bernanke has been the most profitable trade for government bond investors in 16 years”

    Read the inside scoop at http://www.bloomberg.com/news/2011-09-25/betting-on-bernanke-returns-28-for-treasuries-as-twist-divides-investors.html

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