Mood: on fire
Topic: nsw govt
Well we wish. Here was our derivative wrap on the weekend which did indeed look grim for the infamous blatherskite:
[21 Sept 2008 Posted by editor at 10:27 AM EADT] Ex treasurer's '$500M risk' to AAA rating for NSW is stupid say Walkers
Mood: irritated
Topic: nsw govt
Here is the big news media reference today of Costa's resignation by fax to the Governor NSW:
23 Sept 08 Costa resigns from NSW parliament - Breaking News - National ...
Certainly Costa already made it clear he would quit soon enough, and he suggestively passed his qualification time for a cosy pension for life recently. (Accrues at 55 years of age according to colleague Peter Primrose on abc radio just now.)
But we would like to think that Stateline work last Friday ventilating the Walkers' financial expertise building on their work earlier this year in cooperation with such as Greens MP Dr John Kaye including citizen's right of reply, finally finished the guy's political career:
There is a big big difference between $500M and $14M in annual interest exposue in a AAA to AA+ credit rating and a NSW Treasurer has to know that difference or to quote Costa look "like a joke".