Talk It Out

Discuss the issues of today and tomorrow

Oh what a night!

What a great night! Who would have thought that staring at numbers and graphs for six hours could be so exhilarating! The Howard era has finally ended.

I must say that Howard's concession speech was both dignified and gracious. He has (finally) accepted the responsibility for the Libs' woes. And, to be fair, a political career spanning a third of a century must be acknowledged and honoured, no matter how repugnant one considers his policies. Howard should also be given credit for remaining in his long-held, but somewhat marginal seat of Bennelong, rather than seeking a safer harbour. He looks likely to lose that seat, which would be symbolically appropriate - a captain going down with his ship.

Personally, I am not a Rudd fan (Gillard is closer to my end of political spectrum), but he deserves enormous credit for turning around the Labor party when it was drifting aimlessly in the political seas and leading the party to a decisive victory in a way somewhat reminiscent of Tony Blair. One can only hope that the party will be able to stay true to its principles and to its promises. We must also hope that the Labor government will repair some of the damage done to our values and our political institutions under Howard. That it will put a higher value on accountability, transparency, fairness, responsibility and intelligent public discourse. Eleven years is a lot of damage to repair and I'm not sure that Labor has the will to do it. But here's to hoping.

November 24th, 2007 Posted by Unsilenced | Howard government, Rudd and Labor, Australian election | no comments

Holding my breath…

Having taken a bit of a break from writing, I'm now back, presently turning purple from holding my breath and typing very slowly with crossed fingers. 11 years of Howard's regime may just end tonight and it looks like Howard may be losing his seat (one does have to give him credit for having the guts to run in a fairly marginal seat though).

We may have no more Howard, no more Workchoices and no more idiotic election campaign ads screaming about fanatics and extremists (I was wondering how long it would be to escalate to "terrorists", but then came the little stunt in Lindsay and it became clear that the Liberal party desperation has reached a critical point.  Hopefully, tonight their desperation will prove warranted and Mr Howard will be able to go into a long-deserved retirement.

I'm heading back to the TV screen to continue watching the coverage and to see whether I can walk with crossed toes.

November 24th, 2007 Posted by Unsilenced | Australian election | no comments

And up they go again…

It is doubly annoying having to listen to yet another Liberal party ad about how interest rates will be higher under Labor because of "union fanatics" "environmental extremists" and learner leaders, when we have now had yet another interest rise (the sixth since 2004) and the prediction is that the rates will keep on going up. Howard's solution is to boast about strong economy and bleat about his economic management credentials. Given that both the interest rates and prices for essential goods are growing at an alarming rate, those of us not earning $300K a year may think that an overheating economy is not so great.

And what is Howard's great plan to stop interest rates hitting 10% or more? Give people more tax cuts. That's right, create more inflationary pressures so the interest rates go up even further and for each dollar we get by virtue of tax cuts we have to shell out ten dollars to cover the additional mortgage repayments.

In the interests of fairness - Labor is not necessarily better. Rudd adopted Howard's plan for tax cuts. If they are elected and implement it, they would be just as much to blame for the subsequent rise in interest rates as Howard. The fact that Rudd keeps on reminding us about Howard's broken promise that he'll keep interest rates low is all good and well - we need a little dose of reality to counteract the blatantly misleading election campaign strategies of the Libs - but pointing the finger at Howard is not good enough. Rudd must be able to show why his party would be an improvement. Admitting that the planned $32 billion in tax-cut would put further pressure on interest rates would be a start. Ditching the plan would be even better, but I wouldn't bank on it in an election year.

November 7th, 2007 Posted by Unsilenced | Howard government, Australian election, Economics | no comments