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Keating Turns 72

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Tisme

Tisme

Apathetic at Best
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Article about PK in 2014
http://www.illawarramercury.com.au/story/2031419/paul-keating-at-70-legacy-of-a-labor-giant/

During his parliamentary career, Keating's capacity for vitriol, grudge-bearing and personal abuse was remarkable, even by the heightened standards of politics. His verbal assaults in question time have become legendary. His use of language was inventive and invective-laden. He could charm, but he could also destroy.

Journalists consider it a badge of honour to have received a profanity-laden phone call from him. On occasion, he has committed his thoughts to email or fax, but oratory is his true gift, be it public or private.

After verbally abusing one former Herald journalist over a particular state politics story he disagreed with, Keating told him the conversation, such as it was, had been off the record. ''Now don't tell anyone you got a spray from Keating,'' he said. Then he softened. ''OK, you can tell your mates.''
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He will be remembered as the only politician, who with Bob Hawke, managed to make the workers take a voluntary pay cut.:xyxthumbs
 
Seems Paul could see what was coming a few months back:

“You’ve got to know what Donald Trump’s policy is,” Keating said.

“He sees the the general international responsibility the US has taken on since 1947 as being too large a burden on the US. It’s too unfair an impost, relieving obligation on countries like Japan, Germany, and ourselves and he is therefore saying: ‘It’s our turn, it’s the US’s turn to worry about itself.

“That is a pretty appealing message for Americans – to start worrying about themselves. That the US should be thinking about itself on its own terms is a popular notion. How silly would we be not to pick up the message? That the US is refocusing on themselves, not alliances.”
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https://www.theguardian.com/austral...lia-must-realise-trumps-focus-is-solely-on-us
 
just as a matter of Mathematical accuracy:
Paul Keating was born on Januar 18th, 1944, which makes him 73.
sorry for being pedantic - no, not really sorry :p
 
pixel said:
just as a matter of Mathematical accuracy:
Paul Keating was born on Januar 18th, 1944, which makes him 73.
sorry for being pedantic - no, not really sorry :p
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He's young for his age.... LOL
 
Tisme said:

apparently the Labor experiment has expired

http://www.smh.com.au/federal-polit...ter-sally-mcmanus-speech-20170329-gv9cto.html
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Seems that Australia also have that one-party, two faction, arrangement.

I was surprised to read that Hawke and Keating was real close to Murdoch back in the late 80s. It's through Keating's insider tips and Hawke's winky wink that whatever media regulator reviewing News case let Murdoch buy out the Herald Weekly Tribune [?] and controls some 60% of Australia's media.

McManus sounds good.
 
http://www.theaustralian.com.au/new...t/news-story/3f3d3545451ce0215473276834b98530

“But just as we changed the policy then, we should be changing the policy now. The point is that policy is not changing any more. It has stopped. The reformation, which I induced in the 1980s and 90s has stopped. The policy ideas have stopped.

“We are now in a world where there is no capital intensity of the kind after the war. A lot of the services we provide now don’t require a lot of capital or employment. General Motors at its peak had 900,000 employees; Facebook has 56,000. And Facebook has a bigger market capitalisation than General Motors. The deregulation allowed fungibility — the free movement of money to the right places in the economy — and that underwrote our competitiveness with the help of the exchange rate as our international income changed. But with the inability of monetary policy to stimulate new private investment, one has to ask: what should we do now?

“The first thing we do is not return to the sclerotic economy we had before 1983. We don’t return to the industrial museum. We don’t return to protectionism. We don’t return to centralised wage-fixing. We don’t return to a regulated exchange rate. We don’t return to regulated interest rates. We bank those nation-changing measures, but we then think: what should be the policy settings for the new order?”
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http://www.smh.com.au/business/form...-companies-over-taxation-20170629-gx1hup.html

"Former prime minister Paul Keating has hit out at "bludger" international companies operating in Australia but not paying enough tax.

"We have a lot of bludger international companies in Australia but BHP is not one of them," he said at a business lunch in Sydney, as he introduced BHP's outgoing chairman Jac Nasser at the event
  • In his speech Mr Keating also praised Mr Nasser for his long-term contribution to BHP.

    "Building BHP has been a great national project. And Jac's 11 years on the board, and as chairman, both through the upside of the investment phase and then in the consolidation phase, you know, paying regard to the dividend and the requirement of it and at the same time rebuilding the balance sheet, will see the thing spinning off cash in the next few years like there is no tomorrow," he said.

    "This is a tremendous legacy to leave both the company and Australia," he said.

    In his speech Mr Nasser said Australia was "at a tipping point. The decisions we take as a country over the coming period will determine whether we continue to be a great country … socially and economically.

    "They will also determine whether we retreat and become one of those countries that had everything going for them … but dropped out of the game."

    Mr Nasser also told the audience that in many Western nations, people had "lost their trust and confidence in institutions and the establishment".

    He said that people believed governments and businesses don't listen to them, or understand how difficult life has become.

    "Australians are also losing their brand loyalty whether to the major political parties or to businesses. There's no doubt businesses individually and industry groups have to listen and respond and change. We can not be spectators," he said.
 
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