Wednesday, May 12, 2021

The freedom of the press still furnishes that check upon government which no constitution has ever been able to provide – Chicago Tribune.

Tags Liabilities

Tag: liabilities

The flip side of the coin

A very interesting segment from the
article “The lighter side of lawmaking”, published in the Alice Springs
News on 11 August, 2011, is repeated here.

Shadow Treasurer John Elferink says under Labor, the Territory’s net
debt has blown out to $6.7billion, including liabilities. A dollar coin
weighs 9 grams, is 25mm in diameter and 3mm thick. There are 111 dollar
coins in a kilo, 111,111 in a tonne.

He says the Territory’s debt takes on mind-boggling proportions. ALEX NELSON gives his calculator a work-out.

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