Nice to see some support for my comments on funding politics.
In today's SMH George Williams explains the High Court's decision on an earlier attempt to limit advertising on the electronic media. He claims that proposal failed because the substitute of free air time was only available to the established parties (the cartel again).
And I thought I'd written somewhere about Government debt and the absurdity of the coalition claim that we wrre taking on debt "for generations to come". I can't find it though. But if anyone is interested Ross Gittins did a wonderful job in the weekend SMH of detailing the real amount of debt being "voluntarily" taken on (i.e. after automatic stabilisers) and how these will work in reverse.
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