“The light on the hill now shines from a lamp on the desk.”
Julia Gillard celebrates her scaled back version of Labor’s promise to improve people’s lives
“The elegance of the Malaysia transfer arrangement shines through”.
Chris Bowen demonstrates his flimsy hold on reality in defending the Malaysia deal in the face of parliament’s rejection of it
“You know what? I’m a happy little vegemite being prime minister.”
Kevin Rudd in September. No comment on how he feels about being Foreign Minister
“We are seeing a slow-motion train crash in the euro area”.
Martin Enlund, market strategist at the Swedish bank Handelsbanken
“We could be in for a repeat of the experience of 1937, when America fell back into recession after three years of recovery from the Great Depression”.
Roger Altman, a senior Treasury official in the Clinton administration
“This is not a time right now for wishful thinking that governments are going to sort things out… The governments don’t rule the world, Goldman Sachs rules the world”.
London stockmaket trader Alessio Rastani, interviewed on the BBC