Iceland goes bankrupt

The Iceland government has taken over the last of its 3 major banks and foreign currency has ceased trading limiting their ability to purchase imports. Michael Mandel looks at the effect on the global economy. Iceland goes bankrupt
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Nelson’s saline contribution to Murray lakes

SMH photographer Andrew Meares captures a great shot of a teary Brendan Nelson, after he’s ousted from the Liberal leadership in favour of once non-millionaire Malcolm Turnbull. Nelson’s saline contribution to Murray lakes
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Baxter: disturbingly similar to Woomera

Baxter Detention Centre closed only last year. This Four Corners report shows asylum seekers being treated like violent criminals, and Cornelia Rau’s newly-confirmed status as Australian no protection. Baxter: disturbingly similar to Woomera
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Existence of God proved by Rudd. Yeah, right.

After Rudd ‘proves’ the existence of God, the Onymous Lefty notes “...it's better than the current US President being convinced he hears the voice of God in his head telling him to go to war, I suppose.” Existence of God proved by Rudd. Yeah, right.
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Obama–Biden: who says Americans don’t have a sense of humour?

After much speculation, Barack Obama today named Senator Joseph Biden as his VP running mate. So the ticket is “Obama–Biden”. Now there’s irony! Obama–Biden: who says Americans don’t have a sense of humour?
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Why the ARB doesn’t understand the economy

Bob Ellis on why the Australian Reserve Bank is causing the inflation it is trying to fight. Also, the idiocy of economists and the inexplicable inability of governments to govern petrol mark-ups. Why the ARB doesn’t understand the economy
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Olympic Spirit Besmirched?

However, I am most interested on a mini-poll of what the readers think about the riots that are happening along the route of the Olympic Flame. I am calling them riots, you may call them protests, others may c Olympic Spirit Besmirched?
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