I made a mistake!!!,admits Greenspan.

(The Australian,25-26,October,2008)

“I made a mistake in presuming that the self-interest of organizations,specifically banks and others,was such that they were best capable of protecting their own shareholders and the equity.”(Greenspan) “I was partially wrong…..in opposing the regulation of derivatives.”(Greenspan)

Of course he was wrong and so was Hayek,[...]

Size of Islamist Menace.

(Daniel Pipes,The Australian,9.10.08)

About 150 million Muslims worldwide are extremists,calculates Daniel Pipes. This figure is of course challenged by Muslims who do not want the West alarmed and the many Left-wing apologists like Hawke,Rudd,Rann and Ruddock who claim militant Islam does not exist in any numbers.

Who supports militant Islam? [...]

The decline of the West and the Post-Industrial Society,a society without purpose.

Stripped of it’s Empires and suffering under America’s financial hegemony,Europe’s elite saw an outlet for their frustrated energies in becoming keepers of the World’s conscience and,through the UN,designers of a better and fairer World.

The last attempt at such a world had been through communism and we all know what a failure [...]

Why Islam?

Hawke opens Muslim policy centre. Mr. Hawke lobbied the Federal Government to give 7 million dollars for the project and the South Australian Government to give 3 million.

What this centre of excellence is about is to increase understanding,to dispel ignorance and to provide better policy for leaders and for better attitudes of our [...]