tag:blogger.com,1999:blog-22534369.post4355245347934881742..comments2023-12-06T00:23:28.790+11:00Comments on Press gallery reform: Andrew Elderhttp://www.blogger.com/profile/04705844456819481896noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-22534369.post-32909038540018644072010-10-31T21:12:30.766+11:002010-10-31T21:12:30.766+11:00Had read Hockey's speech, shoulda linked to it...Had read Hockey's speech, shoulda <a href="http://www.joehockey.com/mediaHub/speechDetail.aspx?prID=1078" rel="nofollow">linked to it</a>, and Verrender and Martin are always worth reading. Keane hasn't made his mind up whether or not Hockey is just plain dumb and needs to work out to what extent he just wants to challenge conventional wisdom in Canberra.Andrew Elderhttps://www.blogger.com/profile/04705844456819481896noreply@blogger.comtag:blogger.com,1999:blog-22534369.post-56135799440785322142010-10-28T20:46:58.521+11:002010-10-28T20:46:58.521+11:00Thanks for this post on a crucial issue that the m...Thanks for this post on a crucial issue that the media has covered in appalling fashion.<br /><br />I agree " journosphere consensus is that Hockey is just bagging" and even worse, his speech is frankly misrepresented as an "attack on the banks" or the furphy that he wants to take over monetary policy from the RBA.<br /><br />It's bizarre that the media is so willing to repeat Labor's "economic Hansonism" charge when it is so inappropriate for this policy and so fitting for "Stop the Boats" etc. And forget them applying common sense to whatever comes out of bank CEOs' mouths. I can see the media forcing the Liberals to stop trying to agitate for this crucial debate, and reverting to cheap lines.<br /><br />If you actually want to understand a little more about this, there are a few very basic links on my blog (link in name). Peter Martin and Ian Verrender have done some reasonable explaining, and Bernard Keane is worth reading. And you can read Hockey's speech itself. I disagree with his suggestion of extending AAA rating to RMBS's, as this has been pointed out to be essentially starting an Australian Freddie Mac. The media should be discussing this and facilitating debate. They should be ashamed of themselves (with exceptions).Anonymousnoreply@blogger.com