Articles in October, 2008

The newspapers (and the world) are for Obama
Friday, October 31, 2008

SYDNEY, AUSTRALIA — Newspaper endorsements are an intriguing aspect of elections.  They reveal how well the opposing parties have curried favour with the fourth estate and who the media barons want to cozy up to in order to expand their empires.  Check out this super-charged bubble chart for a visual map of endorsements in the US election.  Like the Intrade prediction markets, where Obama is currently priced at an 85% probability of winning, Obama slaughters McCain in the number of newspaper endorsements: 233 to 105.

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The view from a Blue State
Thursday, October 30, 2008

Brief impressions of what Bay Area California is like in the lead up to the elections

STANFORD, CALIFORNIA — I was at the annual Bridge School Benefit concert on the weekend. Organized by Neil Young and held in Mountain View, California, the concert is aimed at raising money for special needs children. Nonetheless, with the presidential elections looming, they couldn’t resist emblazoning, between the various acts, the word “VOTE” on the video screens. Candidates’ names were never spoken by any of the artists that took the stage, but it was blatantly obvious they all shared the same opinion. When Young himself took the stage at the end of the concert, the camera zoomed up on a tiny badge on his jacket. “Hippies for Obama,” it declared, the closest thing to an endorsement all day. “Vote on November 4,” Young declared, and people cheered. Clearly, the audience shared his opinion, too.

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I hope I’m wrong, but we’re headed for recession
Saturday, October 25, 2008

SYDNEY, AUSTRALIA — For one of the first articles on The Backbench, I don’t like writing about bad stuff.  Particularly when it’s about the “R” word.  The reality is, though, Australia will be incredibly lucky if we avoid a recession.  This is despite Australia facing the global financial crisis with 3 strong-looking levies: (1) a relatively strong banking system; (2) a $20bn commodity fueled budget surplus; and (3) China.  However, as the credit crunch continues to corrode the global economy, more and more pressure is being applied to these levies and their resilience is increasingly being tested.

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The Backbench is back!
Tuesday, October 21, 2008

Welcome. After a two year absence, The Backbench is back!

When we ended the bi-monthly publication back in 2006, it was always intended as a temporary hiatus as other pursuits took us elsewhere.  Over this time, the ideas have continued to brew and opinions have continued to form and morph.  But given the current state of the world, we think it’s high time for an independent and eclectic voice to be heard once again. This is Backbench 2.0, if you will.

In the past, Backbench has had a uniquely Australian voice on international and local issues.  The previous incarnation covered topics ranging from religion in China, to sex education in Guyana and GIs in Djibouti.  Not to mention pieces on Sudan, Israel, Thailand, England and the US.

This international focus will continue growing in this new edition.

We now have writers based in all of the major global hotspots.  In the credit-wasted West, we’ll have voices in Silicon Valley, London and Canberra. The new upstarts, the so-called “Emerging World”, will also have on the ground coverage - particularly from capital rich China and muscular Russia.

The current global financial turmoil makes for an electric juncture in world history.  Has the credit crisis (or having Dubya as President) hastened the decline of the US empire or will a bright new leader be able to rescue the great nation from its plunge?  Is this the dawn of the “Asian century”?  Will Russia’s rise be peaceful?  In particular, what is Putin’s angle in appealing to the gay magazine set by constantly taking his shirt off and flexing his muscles?  These are all questions and more, we hope to answer.

We also aim to air some eclectic pieces symbolic of Generation Y, including travel diaries from war zones or foreign-aid missions, and tales of experiences others can vicariously enjoy.

Finally, we are always on the lookout for new contributors, so if you’ve got an opinion to vent or a story to tell, we’re happy to hear it.  Our sole requirement is that the tale you weave or the opinion you voice be interesting, and that, in today’s tumultuous world, is an easy hurdle to vault.