Australian Financial Warnings

[KaiLee]

Three big headlines on msm this morning:

One third of companies listed on the Australian Stock Exchange are headed for financial catastrophe

Reserve Bank warns about investor lending for housing - concern over housing bubble

Iron ore glut effects exports. Iron ore is one of Australia's major exports.

The dollar has fallen to about 88cents, but they like that.

Hold on, we're in for a ride. No wonder the Prime Minister is so focused on terrorists.

[citsym]

Three big headlines on msm this morning:

One third of companies listed on the Australian Stock Exchange are headed for financial catastrophe

Reserve Bank warns about investor lending for housing - concern over housing bubble

Iron ore glut effects exports. Iron ore is one of Australia's major exports.

The dollar has fallen to about 88cents, but they like that.

Hold on, we're in for a ride. No wonder the Prime Minister is so focused on terrorists.

Ah, Australia ... sad to see you go this way!

A later version of Dorothea MacKellar's poem "My Country"



By Oscar Krahnvohl


My Country


I love a sunburnt country,
A land of open drains
Mid-urban sprawl expanded
For cost-accounting gains;
Broad, busy bulldozed acres
Once wastes of fern and trees
Now rapidly enriching
Investors overseas.
A nature-loving country
Beneath whose golden wattles
The creek is fringed with newspapers
And lined with broken bottles.
Far in her distant outback
Still whose cities chafe
I find hidden pools where bathing
Is relatively safe.

A music-loving country
Where rings throughout the land
The jingle sweet enjoining
Devotion to the brand.
O, hark the glad transistors
Whence midnight, dawn and noon,
Cry forth her U.S. idols
A trifle out of tune.

Brave military pylons
That march o'er scenic hills;,
Fair neon lights, extolling
Paint, puppy food and pills!
I love her massive chimneys,
Production's, profit's pride,
Interminably pouring,
Pollution high and wide.

A democratic country!
Where, safe from fear's attacks
Earth's children all are equal
(Save yellows, browns and blacks).
Though Man in Space adventure,
Invade the planets nine,
What shall we find to equal
This sunburnt land of mine?