May 27, 2010

MISSING JOHN HOWARD ALREADY TOO:

Fears grow of Labor election loss (Dennis Shanahan, 5/28/10, The Australian)

THERE are senior and experienced federal Labor MPs who say quietly and privately that they can see the possibility "that we could lose the election".

This is incredible not only because the people are not newcomers unused to dealing with falls in polling and tough periods of politics, but also because no Labor MP at all would have even thought it possible six months ago.

The incredible nature of this situation is heightened for Labor because where there was once certainty about how to defeat the Coalition there is now tension within the ranks about what should be done.

A "class war" waged against the "rich mining barons" over the new mining profits tax is losing its appeal by the day as collateral damage to the sharemarket, public confidence, retirement funds and claims about the future of the resources industry suggest any such plans are counterproductive.

The proposed resource super-profits tax thrust on to unsuspecting miners has united these normally warring barons in an unprecedented fashion.

Posted by Orrin Judd at May 27, 2010 8:32 PM
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