21 Economic Models explained with Cows - 2008 update

Clarrie Rivers admits this is not his original work.

SOCIALISM
You have 2 cows.
You give one to your neighbour.

COMMUNISM
You have 2 cows.
The State takes both and gives you some milk.

FASCISM
You have 2 cows.
The State takes both and sells you some milk.

NAZISM
You have 2 cows.
The State takes both and shoots you.

BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then throws the milk away.

TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
You sell them and retire on the income.

SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons

AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.

ENRON VENTURE CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on one more.
You sell one cow to buy a new president of the United States, leaving you with nine cows.
No balance sheet provided with the release.
The public then buys your bull.

A FRENCH CORPORATION
You have two cows.
You go on strike, organise a riot, and block the roads, because you
want three cows.

A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create a clever cow cartoon image called 'Cowkimon' and market it worldwide.

A GERMAN CORPORATION
You have two cows.
You re-engineer them so they live for 100 years, eat once a month, and milk themselves.

AN ITALIAN CORPORATION
You have two cows, but you don't know where they are.
You decide to have lunch.

A RUSSIAN CORPORATION
You have two cows.
You count them and learn you have five cows.
You count them again and learn you have 42 cows.
You count them again and learn you have 2 cows.
You stop counting cows and open another bottle of vodka.

A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.

A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION
You have two cows.
You worship them.

A BRITISH CORPORATION
You have two cows.
Both are mad.

AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the **** out of you and invade your country.
You still have no cows, but at least now you are part of a
Democracy.

AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION
You have two cows.
The one on the left looks very attractive.

Official Lyne & Mayo federal by-election results and WA state election results

For those who like to know the exact details, here are the current numbers for the Lyne federal by-election on the NSW Mid-North Coast and Mayo federal by-election in South Australia, as well as the current figures for the West Australian state election 2008.

• Mayo [Updated: 6/09/2008 9:16:08 PM]
• Lyne [Updated: 6/09/2008 8:09:44 PM]

WA State Electoral Commission updated results here.

The ABC's Antony Green breakdown of polling results here.

Newly independent former Nationals Rob Oakshott romps home in Lyne, Liberals look like winning Mayo and Labor is being trounced in WA but the final outcome still a cliffhanger at this point.

WARNING, WARNING! Digital world domination attempt underway??

Gizmodo sounds a bell about Google's new Chrome browser:

Here are the juicy bits in question:

11. Content license from you

11.1 You retain copyright and any other rights you already hold in Content which you submit, post or display on or through, the Services. By submitting, posting or displaying the content you give Google a perpetual, irrevocable, worldwide, royalty-free, and non-exclusive license to reproduce, adapt, modify, translate, publish, publicly perform, publicly display and distribute any Content which you submit, post or display on or through, the Services. This license is for the sole purpose of enabling Google to display, distribute and promote the Services and may be revoked for certain Services as defined in the Additional Terms of those Services.

11.2 You agree that this license includes a right for Google to make such Content available to other companies, organizations or individuals with whom Google has relationships for the provision of syndicated services, and to use such Content in connection with the provision of those services.

11.3 You understand that Google, in performing the required technical steps to provide the Services to our users, may (a) transmit or distribute your Content over various public networks and in various media; and (b) make such changes to your Content as are necessary to conform and adapt that Content to the technical requirements of connecting networks, devices, services or media. You agree that this license shall permit Google to take these actions.

11.4 You confirm and warrant to Google that you have all the rights, power and authority necessary to grant the above license...............

Why in the hell would Google want ownership of every single blog post or email written in its browser? It's so unreasonable that it borders on the insane. [my emphasis]

Is Google Inc. is developing the same delusions of grandeur as US multinational Monsanto or is this just a sensible commercial decision.

You decide.

Update:

Thanks to an alert reader I now know that Google has backtracked on these license conditions.

Section 11 now reads simply: "11.1 You retain copyright and any other rights you already hold in Content which you submit, post or display on or through, the Services."

CNet alerts us to the fact that we still may need to be careful using this new browser as in certain configurations it will transmit and store a user's keystrokes (even before the send key is hit):

All this is separate from the issue of what information Google plans to store on its servers. Provided that users leave on the auto-suggest feature in Chrome and have Google as their default search provider, Google has the right to store any information typed into Chrome's Ominibox, which serves as both search bar and address bar. The software maker told CNET News it plans to store about 2 percent of all such data, along with the IP address of the computer that entered the information.

Given the fact that Google Inc. will cooperate with security and intelligence services when required to by law, this level of information gathering may be of some concern to private individuals and political bloggers.

Two faces of environmental graffiti

Anti-Monsanto logo from PimpinTurtle

Mossy VW found at Environmental Graffiti

NSW North Coast picks up 2008 National Local Government Awards

There are 10 award categories in the National Local Government Awards which are held annually.
This week it was announced that councils on the NSW North Coast had received two major awards and two commendations in 2008:


Innovation in Regional Development - commendations -
Nambucca Shire Council, NSW - Collaborating industry and Local GovernmentClarence Valley Council, NSW - Clarence Edge


Youth Engagement - winner -
Clarence Valley Council, NSW - Clarence Valley Youth Summer Events Program


Natural Resource Management - winner -
Clarence Valley Council, NSW - The Clarence Floodplain Project - Reviving Floodplain Watercourses and Wetlands

Well done to the councils and staff involved.

NSW in 2008 - where are they now?

With the political bloodbath that is NSW Labor still rolling on; here's a little stroll down memory lane to a 'sunny park' bench in 2005.

Iemma names new cabinet line-up for NSW

By Anne Davies August 3, 2005 - 1:30PM

High profile minister Michael Costa has been given the finance portfolio and responsibility for delivering infrastructure in Premier Morris Iemma's new cabinet.

The new cabinet was sworn in at Government House at 12.30 today.

Police Minister Carl Scully has been given additional responsibility for utilities and will be responsible for dealing with Sydney's water and electricity needs.

John Hatzistergos becomes Minister for Health and Frank Sartor is Minister for Planning, keeping his responsibilities for the Redfern-Waterloo redevelopment.

Senior minister John Della Bosca has maintained his same portfolios, which include Special Minister of State, Minister for Commerce and Minister for Industrial Relations.

Bob Debus remains Attorney General and Minister for the Environment but picks up responsibility for the arts.

John Watkins, who is likely to become Deputy Premier, remains in the difficult portfolio of Transport but also picks up responsibility for State Development.

Mr Iemma has given himself responsibility for Treasury, which means that he, Mr Costa, Mr Della Bosca and Mr Watkins will now form the team driving the economic direction of the state.

Carmel Tebbutt remains Minister for Education.

Reba Meagher remains Minister for Community Services and Diane Beamer has survived to remain in cabinet as Minster for Western Sydney and Minister for Fair Trading.

Tony Kelly has received a promotion and will become Minister for Justice, Juvenile Justice, Emergency Services and Land.

Joe Tripodi becomes Minister for Roads.

Three new ministers, still to be elected by caucus next week, will be given the portfolios of Aboriginal affairs, ports and waterways, and housing................

Mr Iemma described his cabinet as stable and experienced.
"Today represents the start of a new era in NSW," he told reporters.
"The Government is vibrant and enthusiastic with energy.

On the same day it was reported that Craig Knowles had quit both the NSW ministry and parliament and Deputy-Premier had Refshauge announced his retirement the day before.

Today, three years later, another new premier Nathan Rees faced the media and solemnly promised to "Yada, yada, yada".

Labor ministers are gone, gone, gone.... But troubles remain for the NSW North Coast

If Rupert's team is correct, then NSW Treasurer Michael Costa has been sacked from the NSW Labor ministry and will announce his own demise at 10am this morning.

Meagher, Greene and West are tipped to follow and Premier Iemma himself expected to stand down before Christmas this year, if the Ryde by-election shows a significant swing against Labor.

Crankie Frankie Sartor is also predicted to shift portfolios from Planning to Health.
A move which is likely to see already ailing rural and regional health services ripped apart in the same manner Sartor wrecked the development planning process.

If Carmel Tebbutt does step up to the position of NSW Premier, hopefully she will shift Sartor once again to a junior ministry where his very right-wing and elitist view of the world will do less damage to communities on the NSW North Coast.

Even Country Labor is rumoured to have little time for Frank now.

Update:

Morris Iemma resigned as NSW Premier later in the morning.

Sacked NSW Treasurer Michael Costa appears to believe that he can parley his position back from the new Premier, Nathan Rees.

Carmel Tebbutt has accepted the position of Deputy-Premier.

The cabinet reshuffle currently underway may still bring grief to the Northern Rivers.

Rees is rumoured to be in favour of the privatisation of regional water infrastructure despite his denials.

Outright privatisation or amalgamating water corporations across different catchment areas are often seen locally as scenarios which would be precursors to damming and diverting water from the Clarence River system.